Sport Brands International, the parent company to Fila, finalized a deal with outdoor apparel-maker Cloudveil that has been several months in the making. Cloudveil Mountain Works, Inc. is now a division of SBI with all Cloudveil management, customer serv
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
December Retail Sales Much Healthier Than Early Indications…
A U.S. Commerce Department report of December retail sales in the GAFS category, which includes most general merchandise categories, jumped 6.4% over the previous year. Combined, November and December brought holiday sales growth to 5.7%, the strongest gr
Foot Locker USA Shuffles the Executive Deck; Daly Back Home in Retail …
Rick Mina solidified his senior team last week at Foot Locker USA, as the president and CEO of the company’s domestic Foot Locker, Lady Foot Locker and Champs business appoints Nick Grayston president and CEO of the Foot Locker U.S. division and Keith Dal
The Earnings (or Warnings) Season…
The confluence of a seemingly rough retail environment due to unseasonal weather patterns, pending Q4 earnings reports, and a number of investor conferences led to a number of earnings warnings, affirmations, and even some upward guidance last week. In c
Vital Apparel Group Acquires ProMarX…
Vital Apparel Group has reached agreement to purchase the assets of ProMarX Specialties USA, a girls’ sports accessory company. The ProMarX accessory line will become Vital Accessories and be marketed along with the Vital Team girls’ and women’s apparel l
SnowSports Retail Remains Flat; Chain Stores Lead the Way…
With an estimated 30% of retail sales for the season accounted for, trends are emerging in the SnowSports market which, historically, will continue through the remainder of the season. SnowSports retail sales slowed down slightly in the month of November,
ICON Falls into the Red in Fiscal Q2…
ICON’s sales decline was precipitated by the discontinuation of ICON’s “Jump King” business, a 22.7% decline in sales of strength training equipment, and an 8.1% drop in cardiovascular equipment. All the above, coupled with a sharp drop in margins pushed
Keds Back in Positive Growth Mode; Stride Rite Swings to Q4 Profit…
The Stride Rite Corporation just got over the profit line in the fourth quarter, managing to pull out net income of just $51,000, or zero earnings per share. Still, it was a swing to profit from Q4 last year when SRR posted a net loss of $965,000, or two
Mizuno USA Snags Accolades; Puts Up the Numbers Again in 2004…
Mizuno USA, Inc. announced last week that it posted its fifth consecutive year of revenue and earnings growth, reporting that overall sales for the company increased 12% versus the prior year. Since 1999, Mizuno has seen revenue grow 77%…
Norco Sees Adams Trail-A-Bike Recall…
Norco Products Ltd, in cooperation with The U.S. Consumer Product Safety Commission, has announced voluntary recalls of the Adams Trail-a-Bike or Adams Slipstream Bicycle Attachment. The Starter, Folder, Shifter, Shocker, Ultimate Tandem, Deluxe Folder, M
ASICS Back Over $200 Million; Backlog Signals More Growth in 2005…
ASICS hasn’t delivered $200 million in sales in the U.S. in a decade, but the company blew past the mark again in 2004 on the growth of the running market in general and the strength of the brand at both specialty and sporting goods. ASICS America Corpor
SEW Goes One-On-One with Brooks Sports’ Jim Weber…
Each month, Sports Executive Weekly goes One-On-One with a key executive that is seen as a driving force for the future on the sporting goods, athletic footwear and/or athletic apparel markets. This month we sat down with Jim Weber, president and CEO of B
Cloudveil Acquired by Fila Brand Parent…
Sport Brands International, the parent company to Fila footwear and apparel, finalized a deal with Cloudveil that has been several months in the making. Cloudveil Mountain Works, Inc. is now a division of SBI with all Cloudveil management, customer servi
Re-Branding Pays Off for Hi-Tec…
Hi-Tec Sports USA has reported their best year in over 10 years in the U.S. market, with 16.8% growth for the company as a whole, from $39.7 million in 2003 to $46.4 million this year. The company’s outdoor division posted 15.2% sales growth for the year
Lafuma Completes Broomfield Move…
Last month, BOSS reported that Lafuma N.A. was in the process of moving all operations to a new HQ in Broomfield, CO, and recently, the company announced that the move to the 15,000 square foot facility has been completed. According to the company, the ne
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