Dick’s Sporting Goods took another step in its path towards producing all products seen on its retail floor. The company acquired the Maxfli brand and all its related trademarks from TaylorMade-adidas Golf. Dick’s, however, will be starting from ground ze
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Golf Report: Golf Hardgoods Post Strong Year at Retail on Strength of New Drivers…
Data compiled by SportScanINFO shows that 2007 proved to be a strong year at retail for the golf hardgoods market. Sales increased 7.1% to $1.33 billion for the year as the introduction of new products, particularly in Drivers, spurred consumers to change
Golf Report: Boccieri Golf Grows Distribution with Solus…
Boccieri Golf formed what it termed a “strategic alliance” with Solus Golf that will see Boccieri, the distributor of the Heavy Putter line, exclusively manage the global sales and distribution of Solus wedges. The deal is not an acquisition, but rather a
Golf Report: Bushnell Golf Sales Jump 25% for Fiscal 2007…
Bushnell Outdoor Products reported that its rangefinders led to strong double-digit sales growth for the company’s golf business in 2007. The company built on record 2006 sales numbers with a 25% increase for 2007. The company attributed the dramatic sale
Golf Report: Wilson’s Soft Golf Sales Drag Overall Brand…
The Wilson brand, which parent company Amer Sports is now calling its Ball Sports division, ended a rather dismal 2007 with a weak fourth quarter. Sales decreased in the mid-singles for both time periods for the brand as a whole with decreases in Golf lea
Golf Report: NGF: Slow December Turns 2007 Rounds Played Negative…
The National Golf Foundation reports that same-store rounds in the U.S. dropped 14.2% for the month of December, bringing what had been flat year-to-date numbers through November down to a dip of 0.5% at year’s end…
Golf Report: Ping Apparel Parent Expects 8.5% Q4 Sales Decline…
Perry Ellis International, Inc., producers of Ping Apparel, expects to report Q4 earnings that will meet or beat analysts' average estimate of 61 cents per share. The company also said that while the first half of its current fiscal year, which began
Golf Report: Callaway Teams with St Andrews Links for Accessories…
Callaway Golf signed a five-year, worldwide license with St Andrews Links to develop a dual branded range of golf accessories. The partnership will allow the world famous St Andrews Links mark to appear on a range of Callaway Golf products and will direct
Golf Report: Mizuno’s Strong Q3 Boosts YTD Results…
Mizuno Corp. posted a strong third quarter that helped to buoy results that had been lagging during the first half.
For the quarter ended December 31, 2007, net sales grew 12.8% to ¥43.20 billion ($381.9 mm) from ¥38.31 billion ($325.2 mm)…
Golf Report: Sport-Haley Swings to Net Profit on 5% Sales Gain…
Sport-Haley, Inc. saw increased sales in its SPORT HALEY brand combine with Top-Flite sales that did not occur in the year-ago period to boost its overall fiscal second quarter net sales. The increased Q2 net sales, in turn, brought the company into the b
Golf Report: Srixon Parent Sees 2007 Net Income Decline on Slight Sales Growth…
SRI Sports Limited, parent company to Srixon, Cleveland and Dunlop tennis in Japan, posted modest sales growth for 2007, but decreased margins led to a lower net income compared to 2006. The company has brighter hopes for 2008 as the new driver rules come
Warnaco Sells Lejaby
The Warnaco Group, Inc. entered into an agreement to sell its Lejaby business to Palmers Textil AG for approximately €32.5 million (approximately $47 million) in cash and €12.5 million (approximately $18 million) in an interest free note due December 31,
Rocky Brands Accuses Former VP of Copying Boot Designs
Rocky Brands Inc. is suing a former high-ranking employee, accusing him of copying its popular Western and work boots. In the lawsuit, filed last week in U.S. District Court in Columbus, Rocky claims Glen Bratcher misappropriated trade secrets after he le
Escalade Sees Flat Q4 Profits; Sporting Good Revs Down 12%
Escalade Inc. reported profits were flat in the quarter ended Dec. 31 on lower sales of sporting goods to mass-market retailers. The Evansville, IL, company earned $2.6 million, or 20 cents a share – virtually the same as during the fourth quarter of 2006
NIKE Unveils Community Store Plans in New Orleans
Nike unveiled plans for a new community store in New Orleans. The store is scheduled to open in April 2008 on Carrolton Avenue. In addition to providing local jobs and management training programs, the store will host an annual grant program to support co
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