SGB Executive Outdoor
adidas Sees Strong Q3 Organic Growth; Guidance Cut on Reebok Investment
In the third quarter of 2006, adidas Group sales increased 56% on a currency-neutral basis. In euro terms, Group revenues grew 53% to €2.949 billion ($3.754 bn) in the third quarter of 2006 from €1.924 billion ($2.341 bn) in 2005. Sales for the adidas Gro
SGMA’s Sports + Tech Convergence Looks to Year Two
SGMA’s Sports + Technology Convergence, which ran from October 24-26, was a business to business experience for leaders in the sporting goods industry and leading technology companies to learn how technology will continue to impact all aspects of the spor
Adams Golf Q3 Sales Jump 47.1%
Adams Golf posted net sales of $15.0 million for the third quarter, jumping 47.1% from $10.2 million in the comparable period of 2005. The company reported a net loss of $0.5 million, or 2 cents per fully diluted share, as compared to a net loss of $0.4 m
Shoe Pavilion Q3 Comps Gain Can’t Prevent Net Loss
Shoe Pavilion, Inc. repoprted net sales increased 28.0% to $31.8 million from $24.8 million for the third quarter last year. Comparable store net sales for the third quarter increased 3.7% from the same period in fiscal 2005. Sales from the company's
Footstar Boosts Q3 Operating Profit Despite Sales Decrease
Footstar, Inc. reported in a filing with the SEC that net sales decreased 5.0% to $153.6 million in the third quarter of 2006 compared with $161.7 million in 2005. Shoemart sales decreased by $3.6 million or 2.4% from $148.9 million in 2005 to $145.3 mill
Mizuno’s Wave Elixir Recieves ‘Best Debut’
The global editors of Runner’s World magazineawarded their first ever International “Best Debut” award to the Mizuno Wave Elixir performance running shoe…
Dunham Adds to Design Team
Dunham added Christine Hall to the brand’s Design Team. As Designer II, Hall will be responsible for all aspects of product design, from ideation to production confirmation in the men’s casual/lifestyle and work boot categories…
Sport Chalet Q2 Sales Jump 11.7%; Flips Loss to Profit
Sport Chalet, Inc. saw sales increase 11.7% to $91.3 million for the second quarter from $81.7 million for the same period last year. Six new stores contributed $9.0 million in sales on a same day basis. Same store sales on a same day basis increased 3.0%
Vietnam’s WTO Ascension Agreement Approved
Following a decision by the World Trade Organization's General Council on November 7, 2006 Vietnam is set to become the WTO’s 150th member. The General Coucil approved the Southeast Asian country’s membership agreement and Vietnam will become a membe
Sugoi Hires New EU PR and MarCom Firm
Sugoi Performance Apparel has hired inMotionmar as their new European PR and Marcom agency. Uwe Weissflog, GM of inMotion mar.com based in Ludwigsburg near Stuttgart, Germany, will be responsible for servicing and communicating with key media throughout C
Puma Q3 Net Down 5.2%; U.S. Futures Growth Slows
Puma AG reported that consolidated sales for the third quarter were up 32.2% in currency-neutral terms and by 30.3% when measured in Euros, to €699.2 million ($892 mm). By segments, Footwear increased 19.8%, or 21.5% currency-neutral, to €420 million ($5
New Balance Sponsors Sesame Street
New Balance Athletic Shoe, Inc. has finalized a four-year multi-million dollar agreement with Sesame Workshop, the nonprofit educational organization, to become a program sponsor of the Emmy-winning children series, Sesame Street…
Zumiez posts 15.9% October Comps Jump
Zumiez Inc. reported net sales increased 50.9% in October to $19.9 million, compared to $13.2 million for the same month last year. The company's comparable store sales increased 15.9% on top of a 10.0% in the year ago period…
HO Sports Acquires Wakekite Sports
HO Sports has purchased the assets of Portland based Wakekite Sports, Inc. Wakekite will be fully integrated into the HO Sports organization effective immediately. HO Sports will continue to market Wakekite product under the present Wakekite product ident
Podium Merges with German and Italian Distributor
Podium Distribution, designer, marketing and distributing arm of DVS Shoe Company, Matix Clothing, and Lakai Limited Footwear, will merge with Fresh Distribution after working with the company for the past ten years. Fresh was the distributor for Podium i