SGB Executive Outdoor
Gander Boosts Net Income on SEC Clarification
Gander Mountain announced revisions to the fiscal 2004 financial results reported on March 11, 2005, and to the restated fiscal 2003 results reported on that date. Net income for fiscal 2004 increased to $1.6 million from $0.8 million as previously report
Exercise Walking Still Number One According to NSGA
Fueled by 4% growth in 2004, exercise walking, remains the No. 1 participation activity surveyed by the National Sporting Goods Association (NSGA), a position it has held for more than a decade. Data contained in NSGA’s annual “Sports Participation – Seri
Bain Sells Jack Wolfskin to German Investment House, Quadriga
Funds advised by Bain Capital have sold all shares of Jack Wolfskin to private equity firm Quadriga Capital. Jack Wolfskin Top Management will continue to hold a considerable part of the shares. No financial details were disclosed…
NRF: Retailers Oppose Commerce Dept. Proposal on Chinese Imports
The National Retail Federation said it opposed plans announced by the Commerce Department to consider new “safeguards” limits on textile and apparel imports from China. “Safeguards quotas simply are not warranted,” NRF Vice President and International Tr
NRF Voices Sarbanes-Oxley Concerns to SEC
The National Retail Federation has submitted comments to the Securities and Exchange Commission on the impact of Sarbanes-Oxley Section 404, encouraging the SEC to review lessons learned from the past year of SOX implementation. Members of NRF's Inte
Big 5 Posts Positive Q1 Comps; Will Restate Earnings for Two Years
Big 5 Sporting Goods Corp. reported that, based on preliminary sales results, it expects to post a same store sales increase of approximately 1.7% for the first fiscal quarter ended April 3, 2005 versus the year-ago period. BGFV also reported that it wou
Former Brooks Sports Chairman Moves Back to Retail
Dry Ice, Inc., a specialty retailer of home furnishings for teens, has named retail veteran Ann Iverson as acting Chief Executive Officer. Ms. Iverson recently led the growth and expansion of the Brooks Sports as Chairman of the Board.
The Buckle Completes Stock Buy-Back From Founder
The Buckle has completed its stock buy-back with Daniel J. Hirschfeld, founder and Chairman. On March 24, 2005, the Company entered into an agreement to purchase a total of 3,000,000 shares of the Company's outstanding common stock from Mr. Hirschfel
The Sports Authority Rolls Out The Red (Sox) Carpet for Investors…
TSA held an investor day on March 29 in the soon-to-be demolished .406 club at Fenway Park, with chairman and CEO Doug Morton starting the conference by telling investors that “We want the customer to come to TSA instead of WMT”. He then proceeded to des
SGMA Issues a Call to Action for National P.E. Day Lobbying Efforts…
SGMA has put out an all points bulletin to the sporting goods industry to rally support for P.E.4LIFE’s 5th Annual National P.E. Day and the associated lobbying efforts to support funding for physical education programs in schools. At issue is a cut in f
SIA.06 is Sold Out
The SIA.06 SnowSports Show is officially sold out. SIA.06 will take place at Mandalay Bay Convention Center for the fourth straight year, January 23-26, 2006. To date over 320,000 square feet has been sold with exhibitors on tap to showcase more than 750
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GBMI Promotes Strong and Kaminsky to VP Sales
Global Brand Marketing Inc. announced two internal promotions in its U.S. Sales Divisions. John Strong, Director of the GBMI Kids U.S. Sales Division, and Scott Kaminsky, Director of U.S. Sales for XOXO Footwear have been promoted to Vice President of Sal
SmartWool Inks $30 million Merino Contract
SmartWool Corporation, the single largest branded
purchaser of New Zealand merino wool, has inked a partnership with The New Zealand Merino Company that guarantees minimum price levels for New Zealand wool growers producing merino wool for use in SmartWoo
Reebok Licensee Issues Recall for Children’s Windwear
Adjmi Apparel Group, in conjunction with the CPSC, is recalling about 8,000 Children’s Reebok Windwear and Fleece Jacket and Pant Sets. The zipper slider and pull on the jackets can detach if the zipper is pulled when the jacket is open. The detached sl
