Deckers Outdoor re-affirmed guidance of 52% growth in sales and 40% EPS expansion and is on target to reach its goal of $1 billion in sales by 2012, said CFO Tom Hillebrandt during the ICR conference last week. The company also re-affirmed its previously
Category: Footwear
Retailers Also Tighten Inventory
Big 5 Sporting Goods management presented at the ICR conference touting their value-based business model as one that will see particular success with the new value-conscious consumer. Chairman, president and CEO Steve Miller noted that Big 5 average $213
Morale at SHOT Show Upbeat as Shooting Sports Market Bucks Industry Trends
The atmosphere was assured and electric at the 2009 SHOT Show in Orlando as a seemingly unending amount of exhibitors packed into the cavernous Orange Country Convention Center in Orlando, FL as one of the few growing market segments in the sporting goods
SGB Question Asks: ‘What Happens When Industry Brands Go to Mass?”
The SGB Question for January explored the overall effect the sale of sporting goods brands to club/discount/mass is having on the industry. Many of the industry's core brands can be increasingly found at Costco, Wal-Mart, Target, Meijer, T.J. Maxx, a
Industry Companies Give a Peek Under The Tent
Industry companies hit the road last week in hopes of drumming up some new investment dollars during a time of difficult trading conditions. The two big conferences for the active sports lifestyle market were the ICR Xchange Conference in Dana Point, CA a
Forzani Sees Flat Holiday Sales
The Forzani Group Ltd. reported total sales for the ten weeks ended Jan. 11 were flat to the prior year. On a same-store basis, total retail system sales were down 1.8%, although sales were stronger in the week before and the week after Christmas…
Sport Chalet Amends Credit Line
On January 9, Sport Chalet Inc. amended its credit agreement with lenders led by Bank of America to loosen its terms, according to a filing with the Securities & Exchange Commission. The filing noted that as of December 31, an event of default had occurre
OIF: Participation Up, But Youth Interest Dropping
In the 2008 Outdoor Recreation Participation Report, the Outdoor Foundation found that while overall participation in outdoor recreation among Americans is increasing, the connection to nature among youth is declining…
Congress Moves on Trade Action
Congress has been back in session for little more than a week and already trade issues are taking center stage. Last week, Reps. Charles Rangel, Chairman of the House Ways and Means Committee, and Sander Levin, Chairman of the Ways and Means Subcommittee
Black Diamond Opens Global DC
Black Diamond Equipment Ltd. has opened a new global distribution center near its Zhuhai, China headquarters. Located in a Free Trade Zone in the Guangdong province, the center will assist Black Diamond in locating the storage of inventory closer to vario
Buffalo Communications Promotes Tom Williams to VP
Buffalo Communications, a division of Billy Casper Golf, has promoted Tom Williams to VP. In his new position, Williams will help direct corporate strategy while overseeing the company's golf and lifestyle products division. He will also manage Buffa
Yakima Acquires RACKandRoll
Yakima Products Inc. has acquired RACKandROLL, LLC, a manufacturer of high performance multi-sport trailers based in Frederick, MD. John Koch, former CEO of RACKandROLL, will stay involved and remain available to facilitate a seamless transfer of goods an
Chinese Brand Signs Tennis Star
Chinese sportswear manufacturer Anta has signed Jelena Jankovic, the top-ranked female tennis player, as brand ambassador. Jankovic, whose contract with Reebok recently expired, will start wearing Anta sports apparel, shoes and accessories worldwide start
Carve Designs Names Reps
Women’s surf lifestyle manufacturer, Carve Designs, hired 3 new sales representatives for the brand: Paul Tversky in the Mid-Atlantic territory, Bashford and Associates in the Southeast region, and Megalops Inc. in Florida…
Sportsclick to Acquire Checkered Flag Sports
Sportsclick Inc. entered into a letter of intent to purchase all of the outstanding shares of Southprint Inc., which operates Checkered Flag Sports) (“Southprint”). Southprint is a manufacturer of authentic, licensed NASCAR apparel. SportsClick is a Canad
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