Fortune Brands’ Acushnet Golf division, which owns the Titleist, FootJoy and Cobra brands, posted double-digit sales gains in the fourth quarter to end 2007 with what it called a golf industry sales record. The company reported that successful innovations
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Golf Town Focuses Growth in Quebec Market…
Golf Town, based in Toronto, Ontario, plans to open five new stores in key markets throughout the Quebec region over the next twelve months. Established in 2002, Golf Town currently operates eight retail stores across Quebec and over forty stores Canada-w
Blacks Leisure Misses Holiday Forecast…
Blaming poor performances from its Freespirit and O'Neill surfwear chains, Blacks Leisure, the U.K. outdoor retailer, issued a post-Christmas profit warning and announced a major cost-cutting drive. Like-for-like sales at Freespirit and O'Neill
Sports Direct Warns of Tough Six Months Ahead…
Sports Direct International, the U.K. sporting goods retailer, predicted an “increasingly difficult” sales environment over the next six months, but still expects to meet its recent guidance. Sports Direct said gross sales reached £280 million ($545 mm) b
Puma Sees Fourth Quarter Sales Up 10.3%…
Despite the soft markets at malls in the U.S., Puma posted double-digit sales growth for the fourth quarter, according to new parent company PPR. The French conglomerate reports that Puma's Q4 sales increased 10.3% to €504 million ($736 million) in t
SEW Goes One-on-One with… Fleet Feet’s Jeff Phillips
Fleet Feet was born in 1976, just as the first running boom was taking off. However, it appears the franchisor of 80 running stores is certainly enjoying the current second running boom even more. Here, Jeff Phillips, Fleet Feet's president, discusse
Outdoor University Releases Schedule
Outdoor University, an Outdoor Industry Association (OIA) event, recently announced its 2008 national schedule. The program, which provides regional retailers with training aimed at equipping them with tools to help improve their profitability, will be of
Teamsters Hold Press Conference Over Discrimination at New Era DC
NAACP Chairman Julian Bond and Teamsters General President Jim Hoffa announced plans to hold a press conference on Monday, Jan. 28, in Washington, D.C., to call on Major League Baseball (MLB) to intervene with New Era Cap to end discrimination and worker
Puma’s Q4 Revs Jump 10.3% to €504 million
PPR said Puma's Q4 sales increased 10.3% on a comparable basis, driven by an “outstanding growth in retail.” All product categories posted solid growth, with footwear up 7%, apparel up 14.8% and accessories up 14%. The Americas region recorded a 3% d
The Finish Line, UBS to Appeal Forced Merger Decision
The Finish Line Inc. and UBS AG plan to appeal the Nashville judge's order that a $1.5 billion purchase of Genesco must go through. Finish Line and UBS want a Tennessee appeals court to decide the case before the March 3 start of a separate federal l
Yue Yuen Turnover Rises 12.5% in FY07
Yue Yuen Industrial (Holdings) Limited announced its total turnover rose 12.5% in its year ended September 30, to US$4,114.1 million. Sales to the U.S., Yue Yuen's largest market, grew 4%. Net profit increased 1.6% year on year to approximately US$35
Shaun White to Endorse Burton
Shaun White and Burton Snowboards announced that they have signed a ten year partnership deal, the longest in the sport of snowboarding, whereby Shaun will continue to ride for Burton's Global Team, in addition to working with the company on expandin
GSI Buys E-mail Marketer
GSI Commerce Inc. acquired e-Dialog Inc. in a $157 million deal that gives the King of Prussia company a foothold in e-mail-based marketing…
KangaROOS Names Canadian Licensee
KangaROOS signed a license and distribution agreement with Sports Odyssée Inc. for Canada. The brand recently appointed new partners in the USA as well…
Converse Hires General Mgr., Premium Products
Converse announced the appointment of Chris Manley as General Manager, Premium Products. Manley will oversee sales, design, merchandising and production for premium apparel and footwear including the Converse by John Varvatos men’s and women’s collection
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