SGB Executive Outdoor
Stride Rite Q3 Earnings Down on Higher Tax Rate
The Stride Rite Corporation reported net sales for the third quarter of fiscal 2003 were $139.7 million, an increase of 2% from the net sales of $137.0 million in the comparable period of fiscal 2002. Net income for the quarter declined 9.0% to $6.4 mill
Dick’s SG Adds Chief Administrative Officer
William R. Newlin has been elected Executive Vice President and Chief Administrative Officer of Dick's. Newlin, who was most recently Chairman and CEO of Buchanan Ingersoll, one of the nation's premiere law firms, will work with CEO Ed Stack and
Isabel Stings, But Doesn’t Bite…
As Hurricane Isabel tore through the Mid-Atlantic states last week, it reportedly had mixed results on sporting goods vendors and retailers. There was even a small hint of a silver lining in the dark clouds for at least one retailer that opened a new sto
PONY Loses Some Juice…
Earlier last week Pony parent company, GBMI, announced that they would be teaming up with publisher Kashy Kaledi to launch a new lifestyle magazine called Juice, but the company was forced to pull the name after it was discovered that the name has already
SBI Lays Out Fila Reorganization…
Fila plans to eliminate roughly 29% of positions worldwide as new parent Sports Brand International embarks on a “strategic reorganization of the Fila brand. Jon Epstein, CEO of SBI said Friday that the reorganization was designed to achieve global effi
Aussie Apparel Acquires Bluetorch License
Aussie Apparel Group announced that it has signed a definitive agreement with Irvine, CA based GBI to license the “Bluetorch Brand” for apparel and certain other categories. Aussie Apparel has the option to buy the brand in 2006. Additionally, they have t
Unfi Sees More Challenges…
Unifi reaffirmed that it is currently facing a challenging business environment. The Company announced that, as a result of continuing operating pressure from further weakening of its businesses, it expects to incur a net loss in the range of 10 cents per
OIA Releases Participation Study
Who wants to go out and play? Not as many Americans as last year, according to Outdoor Industry Association's Outdoor Recreation 2003 Participation Study. The study reports that overall, participation in outdoor activities declined from 2001 to 2002,
Exped Expands Rep Force
Exped has added Luke Buckingham to cover the Northeast, while Chris Hall and the RepSouth group will cover the Southeast U.S. Dave Cockburn, Kiwi Outdoor Representation, will handle the Southwest duties…
Callaway Promotes Hutin to President/COO
Callaway Golf Company has promoted Patrice Hutin to the position of President and Chief Operating Officer, effective immediately. Mr. Hutin, who previously was the Company's Executive Vice President of Global Sales and Advertising, will report to Cal
K2 Completes Worth Acquisition; Parish Takes Rawlings Helm
K2 Inc. announced Wednesday that it has completed the acquisition of 100% of the stock of Worth, Inc. The Company also announced that Robert Parish, chief executive officer of Worth, Inc. has been appointed President of Rawlings Sporting Goods, a wholly
Avendra Group to Feature Ping Apparel
The Ping Collection, an apparel brand designed and manufactured by Perry Ellis International Inc., will make available its spring 2004 line through selective Avendra golf shop operations…
SGMA Sees Decline in Japan Sports Retail Market
The Japanese like to play golf, go fishing, and enjoy the great outdoors. At least, that's where they are spending their discretionary money. That's the underlying theme of recent statistics released to SGMA International by the Association of
NRF Projects 5.7% Holiday Sales Growth
Citing “several strong months of retail sales growth”, the National Retail Federation said total holiday retail sales are projected to grow by 5.7% over last holiday, bringing holiday spending to $217.4 bn. The increase would be twice the rate of growth
Brunswick Corp. Reaffirms Q3, Year Guidance
Brunswick Corporation senior management, in a meeting with envestors on Tuesday, reviewed the company's strategic objectives and growth prospects and confirmed the company's previously announced earnings estimates for the third quarter of 2003 a
