SGB Executive Outdoor
Torpedo Sports to Liquidate Subsidiary
Torpedo Sports USA, Inc. has evaluated the future business prospects for its children's snow products and related business conducted by its wholly owned subsidiary, Torpedo Sports, Inc. of Canada, as previously announced on February 4, 2004. Followi
Hibbett Q1 Net Income Jumps 53.4% on 8.8% Comp Sales Gain
Hibbett Sporting Goods reported that net sales for the first quarter ended May 1, 2004 increased 21.3% to $96.5 million compared with $79.6 million for the year-ago period. Comparable store sales increased 8.8%. Net income increased 53.4% to $8.1 millio
Egeck Named President of Outdoor – North America at VF
VF Corporation announced changes in leadership designed to support the continued growth and expansion in its Outdoor Coalition. Mike Egeck, currently President of The North Face, has been named President of Outdoor – North America. In his new role, Egeck
Stage Stores Net Income Climbs 41%
Stage Stores reported that net income for the first quarter, 2004 increased 41.0% to $18.9 million from $13.4 million for the prior year first quarter. Due to the higher number of diluted shares outstanding in this year's first quarter versus last ye
Big Business Brings Big Attention to Roadless Ruling…
The Oregon Natural Resources Council and the OIA Business for Wilderness program spearheaded an initiative that has been garnering a great deal of national and international press coverage. Some of the biggest names in Oregon's corporate world joined
NSGA Expands Cost of Doing Business Survey…
In the bi-annual NSGA Cost of Doing Business survey, the trade organization has included backpacking and camping stores for the first time since the survey began. Also among the retailers surveyed were SnowSports shops and Bicycle specialty shops…
Pacific Sunwear Q1 Net Income Jumps 88%; Raises Guidance
Pacific Sunwear of California Inc. reported that net income for the first quarter ended May 1, 2004 increased 88% to $15.0 million, or 19 cents per diluted share, compared to $8.0 million, or 10 cents per diluted share, for the first quarter of fiscal 200
Pacific Sunwear Completes Stock Buy-Back
Pacific Sunwear of California repurchased an aggregate of 2,223,700 shares of Pacific Sunwear common stock in the first quarter at an average price of $22.483, for approximately $50.0 million. These repurchases complete the authorization made by the compa
Galyan’s Taps Kohl’s Exec for President/CMO Role
Galyan's Trading Company, Inc. has appointed Richard Leto President and Chief Merchandising Officer of the Company. It is expected that Mr. Leto will join the Galyan's Board of Directors when he joins the Company in mid-June. Mr. Leto was most
Brunswick Forms European Marine Umbrella Group
Brunswick Corporation announced formation of an umbrella organization to implement a comprehensive growth strategy for its marine operations in Europe, Africa and the Middle East and to leverage shared services opportunities for all of Brunswick's op
adidas Unveils its ‘1’ Running Shoe Priced at $250
After three years of highly confidential in-house development, adidas has unveiled what it calls “the most advanced shoe ever”. Sinmply called “1”, the shoe provides intelligent cushioning by automatically and continuously adjusting itself. An exclusive
New NSGA Report Focuses on Female Sports Participation
Among sports participants age seven and older, females constitute a majority of participants in four of six fitness activities surveyed for 2003 by the National Sporting Goods Association (NSGA), according to NSGA Vice President of Information & Research
Billabong Launches New Brand
Billabong announces the launch of a new brand: Honolua Surf Co., which will commence as a stand-alone wholesale company separate to the Honolua Surf Company retail division. The Honolua Surf Company retail division will remain the same and continue as a r
Thule Taps Houseman for Regional Sales Manager Post
Thule has announced the hiring of Mark Houseman as the Southeastern Sales Manager. In the newly created position, Houseman will be responsible for managing Thule's southeast sales force, including IBD, outdoor/ ski, and automotive sales representati
Eggers Makes Athlete’s Foot EVP/GMM Post Official
Industry veteran Chuck Eggers has been appointed Executive Vice President and General Merchandise Manager of The Athlete's Foot. This follows an announcement in September 2003 that Eggers had joined the organization as interim GMM…
