Fab-Knit Ltd., Reebok International’s team uniform licensee, last week filed for Chapter 11 Bankruptcy protection in U.S. Bankruptcy Court in Texas. The company, which does business as Reebok Team Uniforms, listed assets and debts in the $1 million to $1
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Retailer’s Bankruptcy Causes Shift in NSGA Board, Chairmanship…
The National Sporting Goods Association Board of Directors has elected A.J. Blanchard, EVP/Hardgoods of Academy Sports & Outdoors, as Treasurer/Chairman-Elect, replacing Doug Pearson, who resigned from the Board of Directors for business reasons…
adidas-Salomon Q4 Profit Slides 27% on 5.9% Sales Gain…
Based on preliminary figures, adidas-Salomon sales in 2004 increased 3.4% to €6.48 billion ($8.06 bn) from €6.27 billion ($7.10 bn), a 7% improvement in currency-neutral terms. Net income for the Group in 2004 increased by 20.8% to a record €314 million
adidas Inks Bejing and Chelsea Deals…
The company earlier in the week reported that brand adidas had inked a deal with Beijing Olympic Organizers naming adidas as the Official Sportswear Partner for the Beijing 2008 Olympic Games. Under the agreement, adidas will supply sportswear for all the
Columbia Shakes Off Q4 Outerwear Cancels to Post Solid Quarter Performance…
Columbia Sportswear was the unfortunate recipient of a fair chunk of the downside from the unseasonably warm weather across the U.S. in the fourth quarter. Word on the street had a number of companies that provide outerwear to the chain sporting goods an
Brunswick Gets Q4 Boost from Boats…
Brunswick Corporation looked to acquisitions in its Boat division to post a 22.7% increase in revenues to $1.33 billion for the fourth quarter from $1.09 billion in Q4 last year. Operating earnings got a double-digit boost from the Marine Engine, Boat,
Soffe Fiscal Q2 Sales a Drag on Delta Top Line This Time Around…
For the first time since it acquired M.C. Soffe, Delta Apparel, Inc. saw its Delta division sales outpace the Soffe business in the fiscal second quarter ended January 1, 2005. Management said Soffe sales were impacted by “a conservative inventory positi
ICON’s Jumpking Unit in Trampoline Recall…
In cooperation with the U.S. Consumer Product Safety Commission, Jumpking Inc. of Mesquite, Texas, is voluntarily recalling about one million trampolines and about 296,000 “FunRing” enclosures. Welds on the frame of these trampolines can break during use,
Phoenix Misses Guidance; Tunney Exits…
In back-to-back press releases late last week, Phoenix Footwear announced that the company’s President and Chief Operating Officer, Greg Tunney is resigning, and announced they would not meet quarterly or annual guidance. These two blows sent PXG stock tu
Malden Mills Finalizes Executive Team…
Malden Mills Industries has appointed Edward Schade as CFO and Jonathan Adelman as EVP of Global Sales. These appointments follow closely on the heels of hiring Andrew Vecchione as COO. Both Adelman and Vecchionne started the job quickly and met with Spor
Kellwood Halves Earnings Guidance…
Kellwood cut their Q4 and full-year guidance in half on weak sales in women’s sportswear amd aggressive markdowns in reaction to a disappointing fall season. Net earnings in the fourth quarter are now expected to be $6.5 million, or 23 cents per diluted s
sia.05 Show Sees More Energy on the Ski Floor…
“There was a certain buzz,” “Better than last year,” and “It’s been a great show,” were just a few of the comments BOSS picked up during the annual SIA.05 show. There was little doubt that the snowboard companies are still “bringing energy” to the show, b
Columbia Shakes Off Q4 Outerwear Cancels to Post Solid Quarter Performance…
Columbia Sportswear was the unfortunate recipient of a fair chunk of the downside from the unseasonably warm weather across the U.S. in the fourth quarter. Word on the street had a number of companies that provide outerwear to the chain sporting goods an
adidas-Salomon Q4 Profit Slides 27% on 5.9% Sales Gain…
Based on preliminary figures, adidas-Salomon sales in 2004 increased 3.4% to €6.48 billion ($8.06 bn) from €6.27 billion ($7.10 bn), a 7% improvement in currency-neutral terms. Net income for the Group in 2004 increased by 20.8% to a record €314 million
Phoenix Misses Guidance; Tunney Exits…
In back-to-back press releases late last week, Phoenix Footwear announced that the company’s President and Chief Operating Officer, Greg Tunney is resigning, and announced they would not meet quarterly or annual guidance. These two blows sent PXG stock tu