Callaway Golf Company believes that discount programs put in place to reduce inventories of their Woods at retail have helped bring that inventory to a level commensurate with their market share in the category. The company also pointed to an improving G
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Rossignol Survives Tough Q3; U.S Sales Slide…
Groupe Rossignol finished the first nine months of its fiscal year with sales on the negative side of flat, with a 0.5% decline to €394.2 million ($498.6 mm) compared to €396.0 million ($456.0 mm) last year. On a currency neutral basis, this translated to
Investigation Delayed as Creditors Block Huffy’s Auditors…
Huffy has filed forms with the SEC disclosing potential problems with internal accounting procedures, also reporting a petition by unsecured creditors to block KPMG LLP, Huffy's auditors since 1962, from retaining their position with Huffy…
Yue Yuen Fiscal Year Hurt by Higher Raw Materials Costs, Lower Gross Margin…
Yue Yuen Industrial Holdings announced lower than expected earnings as net profit for the year ended September 30 fell 1.6% to $303.3 million, compared to $308.2 million last year. The majority of the profit shortfall came from increased raw material pric
Forzani Acquires National Sports…
The Forzani Group has inked a deal to acquire National Gym Clothing Limited, a chain of athletic specialty stores in Ontario operating as National Sports. The deal will result in 19 additional stores in Ontario and roughly 486,000 square feet of retail sp
L.L. Bean’s Holiday Growth Bolstered at the Last Minute…
L.L. Bean sales climbed roughly 10% during the Christmas holiday period thanks to a late jump in activity at both retail stores and through the company’s on-line/catalog business. During the two weeks preceding Christmas, L.L. Bean saw a 35% spike in sal
Popular Outdoor to File Chapter 11…
Over the holiday period, Popular Outdoor Outfitters, a regional chain of outdoor stores based in Ariz., closed its Scottsdale, Tempe, Phoenix and West Valley stores. The chain has been in business since 1952, and just before 9/11 was doing business throug
Blacks Leisure Sees 6.2% Increase in Holiday Comps…
Blacks Leisure, the retailer and wholesaler of outdoor and boardwear clothing, footwear and equipment, announced its trading performance over the Christmas and New Year period were satisfactory and, as a result, the Board anticipates that pre-tax profits
Guide to Beat Q4, Full Year Estimates…
The Sportsman's Guide expects results for the quarter and full-year will be above the company’s most recent guidance and at the high end of current analysts’ estimates. For the quarter the Company now anticipates reporting total sales of $92 to $93 m
Firelight Adds New Clubs to Bag…
Firelight Corp. acquired Slotline Golf, Inc.'s golf club and putter business this week, in a deal which should make them a major player in the golf industry. Exact details were not given, but the sale includes the right to use the Slotline name and
Williams Drops Reebok Suit in Contract Termination Deal…
Just a month after Pharrell Williams filed a breach-of-contract suit against Reebok International Ltd. related to their footwear and apparel licensing deal, the two have announced that they are terminating that relationship. The original suit filed by Wi
Nike Cited for Selling Two-Stripe Pants in Germany…
Nike, Inc. has been ordered by a German court to stop selling pants with two stripes in adidas’ home country, ruling that the product could be confused with the latter’s three-stripe product. The regional court in Cologne ruled that Nike, Inc. will have
NRF Takes “Guarded” Look to 2005…
Coming off of a better-than-expected Holiday retail sales season, the National Retail Federation is now forecasting that GAFS sales, which includes most general merchandise categories, will increase 3.5% in 2005. In its quarterly Retail Sales Outlook Rep
Super Show Disappoints Many Again, But Wait… Is That a Flicker of Light We See…
It will come as no surprise to anyone that the Super Show resembles little of the show we once knew; the show that once dominated every square inch of the Georgia World Congress Center; the show that turned away exhibitors even as they waved fists full of
SGMA: State of the Industry Improves in 2004…
SGMA International released its annual state of the industry report at the Super Show in Orlando, Fla. highlighting some key trends and pointing out several challenges the industry will face in the coming year. According to SGMA’s calculations the vendor/