Copelands' Enterprises, Inc. has assigned the leasehold interests in eight former Copeland Sports retail store locations to a subsidiary of The Sports Authority, Inc. The transaction, which was approved by the bankruptcy court, is expected to be foll
Category: Outdoor
Orange 21 Slips to Q3 Loss as Organic Sales Decline
Orange 21 Inc. net sales for the third quarter of 2006 increased 5.2% to $11.4 million compared to $10.8 million in the third quarter of 2005. Excluding the sales from LEM, the Company's sales declined approximately 5% due to ongoing manufacturing an
Nike Cuts Soccer Ball Production Due to Labor Violations
Nike is ceasing orders with its hand-stitched soccer ball supplier, Saga Sports, based in Sialkot, Pakistan, due to the contract factory's failure to correct significant labor compliance violations. As a result, Nike is limiting its supply of hand-st
Thule Goes Direct in Canada
After over 25 years of working exclusively with Canadian distributor Sport Dinaco, Thule will assume all distribution and sales of Thule products in Canada starting in the spring of 2007. The change is a result of Thule’s recent acquisition of SportRack,
Timberland Sale Rumors Swirl in the Press…
Wall Street and the business media were all abuzz last week after the Wall Street Journal published a story suggesting that The Timberland Company was exploring strategic options for the company, including a potential sale. Timberland is reportedly valued
Onitsuka Tiger to Open Kobe Flagship Store
Japanese sports fashion brand and Asics subsidiary Onitsuka Tiger will open a flagship store in Kobe, Japan, where the brand was born in 1949, on November 25. Onitsuka Tiger Kobe is located in the Kyukyoryuchi district where foreign merchants lived when t
Johnson Outdoors Q4, Annual Sales Grow 4%
Johnson Outdoors Inc. reported a 4% increase in net sales for the fiscal fourth quarter to $80.3 million from $77.1 million in the year-ago quarter. Net income for the quarter improved to a net loss of $0.9 million from a net loss of $3.4 million for the
FieldTurf to be Installed at Gillette Stadium
The New England Patriots and Gillette Stadium will replcae the current natural grass field with FieldTurf in tame for the next home game against the Chicago Bears. Gillette Stadium is the ninth NFL stadium to install FieldTurf, joining Atlanta’s Georgia D
Nike Adds Media Vet to Board
NIKE, Inc. appointed veteran media executive Johnathan A. Rodgers to its Board of Directors. Rodgers, 60, is President and CEO of TV One, a fast-growing cable channel that currently serves approximately 33 million households and offers a broad range of li
Foot Locker Management Dismisses Sale Rumors
During Foot Locker, Inc.'s third quarter conference call, Matthew D. Serra, company chairman and CEO stated, “The continued rumors in the press regarding Foot Locker being involved in discussions of a potential sale of the Company are not true. There
Shoe Carnival Works Back-End to Boost Q3
Shoe Carnival, Inc. saw net income for the third quarter jump 17% to $8.4 million from $7.2 million in the same quarter last year. Diluted earnings per share increased 15% to 61 cents per share compared with 53 cents per share last year. Net sales for the
The Buckle Q3 Income Up 6.5%; Comps Just Miss Flat
The Buckle, Inc. saw net income for the third quarter rise 6.5% to $17.7 million, or 89 cents per diluted share from $16.6 million, or 82 cents per diluted share in the same quarter last year. Net sales for the quarter increased 3.6% to $143.1 million fro
Under Armour Looks to Move to NYSE
Under Armour, Inc. has filed an application to list its securities on the New York Stock Exchange (NYSE). The company looks to start trading its shares of Class A Common Stock under the symbol “UA” on the NYSE on December 18, 2006. Until that time, the co
Timberland Release Sustainability Report
Timberland released its first factory-specific sustainability report to all stakeholders, industry leaders and consumers. The Facility Report details baseline performance information for the company's Dominican Republic factory in the areas of global
Hibbett Q3 Sales and Net Both Up Double-Digits
Hibbett Sporting Goods, Inc. saw net sales for the third quarter jump 17.2% to $129.7 million from $110.6 million last year. Comparable store sales increased 7.1% in the third quarter of fiscal 2007. Net income for the quarter increased 21.5% to $9.9 mill
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