SGB Executive Outdoor
adidas Takes DFB to Court Over Contract
adidas will be taking the German Football Association (DFB) to arbitration court over a disagreement regarding the length of adidas' sponsorship agreement. adidas said in a release that it believed the deal “was effectually extended in August 2006 un
PacSun Q4 Net Income Tumbles on Falling Comps
Pacific Sunwear of California, Inc. fourth quarter of fiscal 2006 total sales were $458.2 million, an increase of 7.8% over total sales of $424.9 million for the fourth quarter of fiscal 2005 ended January 28, 2006. Same-store sales decreased 4.3% for the
Etonic Names Elwell as CEO
Etonic Worldwide has chosen industry veteran Tom Elwell to be the company’s next CEO. Elwell comes to Etonic with over 30 years of experience in the footwear and golf industries, most recently serving as Mizuno USA’s vice president and general manager of
Polartec LLC Completes Acquisition of Malden Mills’ Assets
Polartec, LLC has completed the acquisition of the assets of Malden Mills Industries, Inc. Polartec, LLC will continue manufacturing operations at its Lawrence and Methuen, Massachusetts, Hudson, New Hampshire, and Shanghai, China plants. Michael Spillane
Stride Rite Changes Shareholder’s Rights Plan
The Stride Rite Corporation's Board of Directors has adopted a new shareholder rights plan to replace its existing plan that was scheduled to expire in July 2007. The Plan is designed to enhance the Board's ability to protect shareholder interes
Woolrich President Roswell Brayton, Jr. Passes Away at 55
Woolrich has regretfully confirmed the sudden passing of its president, Roswell Brayton, Jr. Mr. Brayton collapsed yesterday afternoon at Woolrich headquarters in Woolrich, PA. He was rushed to Jersey Shore Hospital where medical personnel were unable to
Dick’s Sporting Goods Beats Guidance on 2% Comp-Sales Increase
Dick's Sporting Goods, Inc. net sales for the quarter increased 21% to $1.026 billion while comparable store sales increased 2.0% on a 13-week to 13-week comparable basis. Net income for the fourth quarter ended February 3, 2007 increased 33% to $67.
Athlete’s Foot Parent Inks Financing Deal for $150 Million War Chest
NexCen Brands, parent company to The Athlete's Foot, has entered into a master loan agreement arranged by BTMU Capital Corporation that will support the Company's strategic goals and provide additional capital for the acquisition of intellectual
Foot Locker Q4 Net Rises 17.7% Despite Decline in Comps
Foot Locker Inc. reported net income rose 17.7% to $113 million, or 72 cents a share, from $96 million, or 61 cents, a year ago, helped by special items. Sales increased 5.6% to $1.65 billion from $1.56 billion, reflecting an additional week in the curren
Zumiez March Comps Jump 12.4%
Zumiez Inc. total net sales for the month of March increased 43.9% to $20.7 million, compared to $14.4 million for the four-week period ended February 25, 2006. The company's comparable store sales increased 12.4% for the four-week period, versus a c
K2 Fourth Quarter Sales Climb 9.9%; Income Declines on Legal Charges
K2 Inc. net sales for the fourth quarter were $388.6 million versus $353.5 million in the prior year, an increase of 9.9%. Adjusted net income for the fourth quarter of 2006 was $13.4 million, or 25 cents adjusted diluted earnings per share, compared to A
SGMA: Sporting Goods Industry Hits $66 Billion
The U.S. sporting goods industry is a $66 billion business at wholesale. Its growth rate is greater than the national average, technology is at the core of product innovation, and fitness gear continues to be the number one equipment category. Those wer
Rocky Brands Swings to Net Loss in Q4
Rocky Brands, Inc. fourth quarter net sales fell 5.7% to $70.6 million versus net sales of $74.9 million in the fourth quarter of 2005. The company reported a net loss of $100,000, or one penny per diluted share, versus net income of $2.6 million, or 46 c
CamelBak Inks Deal with Peregrine
CamelBak Products LLC, will partner with Peregrine
Outfitters to distribute its line of water bottles and bottle accessories. The agreement with Peregrine enables CamelBak to achieve broader distribution of its bottles…
Genesco Q4 Income Climbs 14% on 17% Sales Gain
Genesco Inc. reported earnings before discontinued operations of $35.7 million, or $1.36 per diluted share, for the fiscal fourth quarter ended February 3, 2007, a 14.4% increase compared to $31.2 million, or $1.15 per diluted share, for the fourth quarte
