Heelys, Inc., which has seen the average selling price for its wheeled shoes plummet, said it will ship a new line of non-wheeled footwear starting at a retail price of $39.95 in time for the back-to-school season. The new line follows on the heels of the
Category: Footwear
Foot Locker Hikes Dividend by 20%
Foot Locker, Inc. declared a quarterly dividend of 15 cents a share, paybable May 2 to shareholders of record as of April 18. This dividend represents a 20 percent increase over the company's previous quarterly per share amount and is equivalent to a
H20 Audio Adds Laird Hamilton to Board
H2O Audio has added Laird Hamilton to its Board of Directors. As a member of the Board, Hamilton will be strategically guiding the company with marketing its brand and developing its next generation of surf/music products…
Sport Footwear to See 2008 Growth Moderating…
The SportsOneSource Group, the leading information platform serving the sporting goods, outdoor, athletic footwear and apparel markets, has released preliminary sales figures for the fiscal 2007 retail year. Based in part on retail point-of-sale data com
Skechers Q4 Results Cut into Record 2007 Sales…
Skechers USA saw three record quarters through the first nine months of 2007, but revenues dipped nearly a full percentage point in the fourth quarter due to weakness in the U.S. market and the shuttering of a couple of sub-brands. The strong Q4 results
Perry Ellis to Meet Q4 Estimates…
Perry Ellis International, Inc. 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 Feb. 1, will be challenging
OBIT: Bill Modell
William “Bill” Modell, chairman of the board of Modell’s Sporting Goods, died February 14, 2008, in New York. He was 86 years old…
New Era Cap and Teamsters Settle Dispute…
New Era Cap Co. and the local teamsters union have reached a deal at the company's 118-worker distribution center in Mobile, AL. This deal marks the first contract for the warehouse, where workers voted 57-53 on July 12 for union representation. Rece
Escalade Sports Sales Slip in Q4…
Escalade Inc. said sporting goods revenues in Q4 and fiscal 2007 were down 12% and 5%, respectively, due to lower sales to mass market retail customers. The company said industry-wide erosion in consumer demand for soccer and hockey game tables was the pr
New Management Retools Yakima Dealer Programs…
Intent on making Yakima “sweet and easy,” new management has overhauled how the company sells to dealers. Starting last month, Yakima unveiled a new dealer program that greatly simplifies how dealers place preseason orders…
Safilo Group Moves Carrera Under Level USA…
Italian sunglass and ski goggle maker Carrera is returning to its roots in specialty retail after flirting with big box distribution strategies, according to Charlie Adams, sales manager for Level USA, which on January 1 took over U.S. distribution of Car
Golf Report: Dick’s Sporting Goods Expands Golf Program with Maxfli Acquisition…
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
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: 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
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