Golfsmith Acquires Don Sherwood Golf

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…

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

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

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

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…

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

Timberland Falls on Back Half Caution…

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…

JOUT Q3 Earnings Slip

Johnson Outdoors on Thursday Told Investors they could anticipate Q3 earnings to be in the 57 cents to 61 cents per share range, off from the 78 cents earned in the year-ago period…

Pegasus Appoints New Cannondale COO.

John Doer has come aboard as Cannondale’s Chief Operating Officer. The former VP of Supply Chain Management at Bell Sports has a solid background in the Cycling industry with a successful tenure at the helmet company…