Sport Supply Group, Inc. reported a 3.4% growth in revenues for the fiscal fourth quarter to $24.0 million from $23.2 million last year. Net income jumped 168% to $1.7 million from $621,000 for the fourth quarter last year.For the full year, revenues gre
Category: Footwear
Sports, Inc. Adds Schuylkill Valley to Roster
After adding Allen Sports Center to its team dealer base last week, Sports, Inc. has added Schuylkill Valley Sports in Pottstown, Penn. as store number 875…
Nike Launches Armstrong Marketing Campaign for NY Marathon
To mark the 10th anniversary of the day when he was diagnosed with cancer – October 2nd (10/2) – Lance Armstrong and Nike, will launch the “Run Like Lance Challenge,” created to support Armstrong and track his miles as he trains for the 2006 New York City
Saks Completes Parisian Sale
Saks Incorporated has completed the sale of Parisian to Belk, Inc. for a total purchase price of approximately $285 million in cash…
Lands’ End Names New Chief Marketing Officer
Lands' End appointed Gerard Cunningham as chief marketing officer, reporting to David McCreight, president of the company. As a member of the executive committee, Cunningham will be responsible for leading all marketing activities…
Nike Inc. Fiscal Q1 Profits Down on Tough Comps…
The conversation at Nike, Inc. was very different in the fiscal first quarter this year compared to the same period last year as the company saw gross margins decline, expenses increase, and net income decline for the period ended August 31. Still, the c
Collegiate Pacific Fiscal Year Results Hurt by Charges; Ramps Up Deal Machine Again…
Busy boys down at Collegiate Pacific Inc. last week. During the past week, the company announced a new partnership with Varsity Group Inc. to become their exclusive sporting goods supplier; entered another (and seemingly final) attempt to acquire 100% of
Forzani Sees Strong Back-to-School Season…
Following a strong second quarter report three weeks ago, The Forzani Group reported healthy sales and margins for the 2007 “Back to School” selling season. Retail system sales for the six-weeks from July 30 through Sept. 10, 2006 increased 7.0%, while s
Kelly Named President of Russell Athletic
Doug Kelly has been named president of Russell Athletic. He will be responsible for Russell’s retail, team sports, college bookstore, and licensed products businesses, as well as the Bike and Discus Athletic Brands. Kelly has extensive experience managi
Johnson Outdoors Named Official Vendor for ROI
Johnson Outdoors Watercraft Division, part of Johnson Outdoors Inc., will be joining the Retailers of the Outdoor Industry (ROI) buying group as an official vendor. ROI is composed of independent, entrepreneurial outdoor retailers.
As a member of ROI
BCA Teams With TGR for Training DVD
Backcountry Access (BCA) and Teton Gravity Research (TGR) have teamed up to produce a second training DVD on avalanche rescue. Entitled, “Take Charge: Leading a Group Rescue,” the DVD is scheduled for release this week. The 18-minute DVD was filmed at Jac
Veltec Inks Development Partnership with Cole
Veltec Sports entereed into a Joint Development Partnership (JDP) with wheel manufacturer Cole USA.
The project will bring Cole's patented DSA (Dynamic Spoke Alignment) technology for road and MTB wheels to market in North America for the first time.
Sport-Haley to Buy Out Balance of Reserve Apparel JV
Sport-Haley, Inc. has entered into an Agreement to purchase Explorer Gear USA, Inc.'s entire membership interest in Reserve Apparel Group, LLC and to settle all potential claims between, as applicable, Sport-Haley, Reserve Apparel, Explorer Gear and
Global Sources’ Survey Shows Increasing Prices in China…
Global Sources, a global manufacturing research firm, has found that 70% of mainland China manufacturers plan to raise export prices in the next 12 months. This number, which comes from a survey of suppliers of various consumer products, including sports
Fruit of the Loom Puts Stamp on Russell Athletic Corner Office…
FOTL quietly made the move last week to replace the top spot at Russell Athletic, replacing CEO Calvin Johnston with new CEO Doug Kelly, the former Pro Player executive.
While FOTL and Russell weren’t talking, insiders say the move was made to bolster Ru