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 announce a major cost-cutting drive. Like-for-like sales at Freespirit and O'Neill t
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Golf Report: PGA Merchandise Show Sees Crowded Halls and Excited Customers…
With one of the largest crowds in recent memory thronging the show floor last week, the PGA Merchandise Show in Orlando demonstrated that the golf industry is alive and well despite all the economic and climatic turmoil affecting other sporting goods mark
Golf Report: Pure Footwear Sees Renewed Focus on Specialty Green Grass…
Ecco unveiled its C-Force collection, in which the company inserts a carbon force plate into its direct-injected polyurethane manufacturing process. Fiscal 2007 saw Ecco golf post its fourth consecutive year of double-digit growth and will focus its 2008
Golf Report: Travel Bags Get Makeover as Accessories Seek Ease-of-Use
The bag market at PGA saw several vendors take a look at the travel bag to try to find ways of making what is often a cumbersome product more user-friendly. With lines at the airport only growing longer, the new innovations here will likely be warmly rece
Golf Report: Performance Continues to be the Story in Apparel…
Summit Golf Brands has quickly become a high-end golf apparel holding company with its stable of brands including Fairway & Greene, EP Pro and Zero Restriction outerwear. The company acquired Fairway & Greene four years ago, when it was an 8-year-old cata
Golf Report: Demo Day Foreshadows Excitement on Show Floor
With a day that turned blustery and gray, the weather did little to dampen the excitement that permeated the PGA Merchandise Show’s Demo Day, held at the Orange County National Golf Center the day before the show proper started…
Golf Report: New Technologies Help Golf Away from the Course
With advances in technology constantly pushing performance on course, whether in apparel, footwear or hardgoods, a couple of new technologies drove the development of interesting products designed for use off the course…
Golf Report: Callaway to Beat Plan in Fourth Quarter; Raises 2007 Guidance
Callaway Golf Company bucked the general market trend of lowering expectations for the fourth quarter and full year as it announced that it expects fiscal 2007 net earnings will increase approximately 10%. However, though the company will beat the plan it
Cook to Lead Jordan Brand
Nike Inc. announced that Garry Cook has been promoted from International General Manager to president of the Jordan Brand. Cook essentially replaces Larry Miller, who last June was named team president of the Portland Trail Blazers…
Report: Nike Close To Selling Bauer
Nike is close to completing a deal to sell Nike Bauer to a financial buyer from outside the industry, according to Canada's Globe and Mail. Sources told the newspaper that Easton-Bell Sports and Mission-Itech both left the bargaining table after the
Southern Waters Outfitters Plots Expansion
Alabama's Southern Waters Outfitters, a regional outdoor and lifestyle apparel retailer, said it has begun a planned expansion throughout the southeast. A store opened in December in Sandestin, FL, will be followed by one in Panama City Beach, FL, in
Vail Resorts Names Chief Human Resources Officer
Vail Resorts, Inc. announced the appointment of Mark R. Gasta to the position of senior vice president and chief human resources officer. He will assume responsibility for all facets of human resources leadership and management…
PEP Grants Reach $75.7 Million
The Sporting Goods Manufacturers Association (SGMA) said $75.655 million in PEP (Carol M. White Physical Education Program) grants will be awarded for the 2008 calendar year. That represents almost $3 million more than was distributed in 2007…
Nautilus, Completes Line of Credit Deal
Nautilus, Inc. announced that it has signed its new line of credit agreement with Bank of America, N.A. The facility is an underwritten 5-year, $100 million asset-based loan with an accordion feature to increase the line of credit to $125 million…
Pro Keds Lands Distribution Deal with Market America
Pro Keds has reached a new distribution deal with Market America Inc., an Internet marketing and product brokerage company. Damon Dash, CEO of PRO-Keds America, said, “Partnering with Market America is a revolutionary way to teach the audience about our p
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