Outdoor | Page 2516 | SGB Media Online

Wolverine to Acquire Sebago; Forms Outdoor Group

July 25, 2003 SGB Update

Wolverine World Wide has entered into a letter of intent to acquire the business and select net operating assets of Sebago, Inc. for cash. Additional terms were not disclosed. Sebago will be part of a newly formed outdoor group that will include both Me

Golfsmith Acquires Don Sherwood Golf

July 25, 2003 SGB Update

As part of its national expansion plan, multi-channel retailer Golfsmith International Inc. has announced the acquisition of San Francisco-based Don Sherwood Golf and Tennis World. The terms of the transaction were not disclosed…

MLB Opens New Office in Tokyo…

July 24, 2003 SGB Update

In response to the ever-increasing popularity of Major League Baseball in Japan and throughout Asia, Major League Baseball International will open a regional office in Tokyo on Aug. 1. The Tokyo office will be the third regional office created to support

K2 Inc. Sees Q2 Net Income Up 52% on 27% Sales Increase

July 22, 2003 SGB Update

K2 Inc. reported that net sales for the second quarter ended June 30, 2003 increased 27.0% to $199.7 million from $157.2 million in the 2002 second quarter. Net income was $5.8 million and diluted EPS was $0.19, including $0.03 per share relating to a ga

SGMA: Sales of U.S. Recreational Products on Positive Pace

July 22, 2003 SGB Update

From archery to water skiing, the U.S. sports industry is nearly a $70 billion business. According to SGMA International's Recreation Market Report, manufacturers' sales of sporting goods equipment, sports apparel, athletic footwear, and

NRF: Back-to-School Spending to Top $14 Billion

July 22, 2003 SGB Update

Consumers are planning a trip back to the stores before sending their children back to school this year, according to the findings of a new National Retail Federation (NRF) survey. The NRF 2003 Back-to-School Consumer Intentions and Actions Survey

Here Comes That Upstream Inventory Effect…

July 21, 2003 SGB Update

We speculated just a few weeks ago (SEW 0325) about the effect the apparent climb in Q1 retail inventories would have on results for the vendors as we moved into the calendar second quarter. After reviewing the first of the vendor Q2 reports released this

Carrefour Extends License Agreement with Cherokee

July 21, 2003 SGB Update

Cherokee Inc., a marketer, licensor and manager of a variety of brands it owns and represents announced that Carrefour S.A. has elected to extend its agreement for the Cherokee brand for an additional three years…

Fleet Feet Awards Lifetime Achievement Honor to Runner’s World Founder…

July 21, 2003 SGB Update

At the Fleet Feet National Retail conference held in Boston last week, George Hirsch, founder of Runner's World Magazine, was awarded the Fleet Feet Lifetime Commitment to Running Award…

Timberland Falls on Back Half Caution…

July 21, 2003 SGB Update

Timberland matched analysts’ estimates for the second quarter, helped by strong sales of hiking boots and outdoor apparel, but sounded a cautionary tone about the company’s second half prospects…

Callaway Jumps on Positive Outlook and Potential Upside in Top-Flite Deal…

July 21, 2003 SGB Update

Callaway Golf easily beat Wall Street earnings estimates for the second quarter as profits declined 8.0% and sales dipped 4.1% for the period ended June 30, 2003. Analysts challenged the company’s management on how they might provide better guidance afte

The Allegheny Trail Company will be Blair Corp.’s newest brand

July 21, 2003 SGB Update

The Allegheny Trail Company will be Blair Corp.’s newest brand, targeting the outdoor apparel wholesale market. The Warren, PA-based company says that ATC will offer an entry-level line of apparel basics, including polo’s, tanks, cargo pants, and fleece