SGB Executive Outdoor
Cunnane Joins Bikes Belong Board of Directors
Bikes Belong Coalition elected Pat Cunnane, president of Fuji Bicycles, to the organization's board of directors. He joins 16 other industry leaders directing Bikes Belong's efforts to put more people on bicycles more often…
RVI Explores Strategic Alternatives for Value City
Retail Ventures, Inc. is exploring strategic alternatives for its Value City Department Stores operations, including a possible sale of the division. RVI has retained Financo, Inc. and CIBC World Markets Corp. as its financial advisors to assist in this e
PGA Merchandise Show to Feature Titleist Performance Institue
The PGA Merchandise Show, running Jan. 25-27 in Orlando, Fla. will feature the Titleist Performance Institute as one of the offerings of the show. The Titleist Performance Institute, founded and created by both Dave Phillips and Dr. Greg Rose
in 2003, fo
National Geographic Adventures Awards Teva with ‘Best of Gear’
Teva's Karnali Wraptor was awarded National Geographic Adventure's “Best of Gear” for 2007…
PPA Hosts Second Annual National School for Paddlesports Business
The Professional Paddlesports Association (PPA) will host the second session of the National School for Paddlesports Business in Loudonville, Ohio from March 19 to 21, 2007,. The school is designed to improve business management knowledge, skills, and abi
Oakley to Acquire Eye Safety…
Oakley has inked a deal to acquire Eye Safety Systems, Inc., a supplier of military, law enforcement, and firefighting protective eyewear. Oakley will pay $110 million in cash for “essentially all of the assets” of the company. Oakley expects the acquisit
Payless Sees Strong Q3; Will Partner with Nike Inc. on New Women’s Brand…
Payless ShoeSource, Inc. posted a mid-singles increase in both comparable and overall sales during the third quarter. Also at the end of the quarter, Payless announced that it would be partnering with Nike Inc.’s Exeter Brands Group to produce a line of w
Asics Files Suit Against Target and Friends…
ASICS Corporation of Japan and its American subsidiary have together filed two separate lawsuits in the U.S. District Court for the Central District of California for patent infringement. Both suits name Target Corporation as a defendant, while the first
Brown Shoe Raises Guidance on Strong Q3, Back-to-School Gains at Famous Footwear…
Brown Shoe Company saw shares jump more than 17% last week to close at $46.46 on Friday after posting better-than-expected results for third quarter ended October 28 and raising guidance for the full year. “It sure is a great time to be in the shoe busin
Genesco Raises Full Year Guidance Despite Flat Third Quarter Earnings…
Genesco Inc. posted strong results for the fiscal third quarter ended October 28, driven by “excellent performances” at Journeys and Journeys Kidz, Johnston & Murphy, and Dockers. The company expects that the Underground Station business will remain chall
Heelys Inc. Prices IPO Range in Time for Holidays…
Heelys Inc., perhaps representing one of the few “must have” items for Christmas this year out of the sporting goods industry, took the opportunity of Black Friday to issue a price range on its pending initial public offering of shares. The IPO will cons
Chaco Names Ragan as Director of Sales
Chaco added Doug Ragan to its senior management team as director of sales. Ragan brings over 25 years of outdoor industry experience to his new post.
In his previous position, Ragan was director of sales, East and International for the Yakima brand. Since
Asics First Half Bottom Line Impacted by Increased Taxes
For the first half ending September 30, Asics Corp. saw net sales increase 15.1% to ¥95.4 billion ($828.1 million) from ¥82.9 billion ($758.1 million) last year. Gross margin for the company increased 120 basis points to 43.4% of net sales from 42.2% duri
Merrell to Open Second U.S. Retail Store
Merrell will open its second U.S. retail store on Friday, November 24, 2006 at the Forum on Peachtree Parkway located on the northern perimeter of Atlanta in Norcross, GA. The opening of the Atlanta store follows the opening for the first Merrell retail s
Payless Q3 Net Improves 32% on 5.5% Comps Gain
Payless ShoeSource, Inc. posted diluted earnings per share of 43 cents for the third quarter, up from 32 cents in the year-ago period. The company recorded net earnings of $28.9 million during the quarter, a 32.0% increase from $21.9 million reported one
