SGB Executive Outdoor
NSGA Lands Strong Group for Conference Footwear Panel
The NSGA has put together an outstanding footwear panel this year for the 40th Annual NSGA Management Conference, which will be held May 16-19, 2004, at the Hilton Head Marriott Beach & Golf Resort. Marshal Cohen, Co-President of NPD Fashionworld, will p
Hibbett Q3 Net Jumps 65% on 6.9% Comp Sales Increase
Hibbett Sporting Goods, Inc. announced net sales for the 13-week period ended November 1, 2003, increased 17.0% to $78.4 million compared with $67.0 million for the year-ago period. Comparable store sales increased 6.9% in the third quarter of fiscal 200
Sake Inc. Q3 Earnings Jump on Extraordinary Charges
Saks Incorporated recorded net income of $12.4 million, or $.09 per share, for the third quarter ended November 1, 2003, compared to net income of $1.9 million, or $.01 per share, last year. For the third quarter, total sales grew 4.3%, and comparable st
Reebok Inks Alliance Deal with American Heart Association
Reebok International Ltd. has announced plans for a multi-faceted alliance with the American Heart Association (AHA) to increase public awareness and raise funds to fight heart disease, the #1 cause of death in America. With the help of the AHA, Reebok w
Lands End Hires McCreight As SVP Core Merchandising
Lands' End, Inc., has named David McCreight, a nationally regarded merchandising and retailing executive at Disney Stores Worldwide, to senior vice president of core merchandising, Lands' End. McCreight will join Lands' End on Dec. 1, and w
Marc Frank Montoya signs with Sims for another 2 years:
Sims snowboards is pleased to announce that Marc Frank Montoya has signed with Sims for another 2 years. “MFM is one of the most explosive riders out there and it was a no brainer, we gave him whatever he wanted” says Travis Wood, Director of Marketing fo
Dick’s Sporting Goods Q3 Net Income up 68% on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported net income for the third quarter ended November 1, 2003 increased 68% to
$4.7 million and EPS increased 29% to $0.18 per diluted share as compared to net income of $2.8 million and earnings per share of $0.14 per
Reda Sports Shuts Down with No Explanantion…
Reda Sports Inc. shuttered its doors on Friday with no explanation and is revealing little about the future of the sporting goods distributorship or its Kappa, Patrick, uhlsport, and Lanzera brands. In a conversation with a local newspaper, CEO Scott Red
Life Link Adds New Link
Life-Link, the leading manufacturer of backcountry travel gear, is proud to announce that world-renowned professional snowboarder, Travis Rice has signed with the company to promote its Avalanche Safety Gear and to help form Life-Link's New Avalanche
Krueger to Run CAT Footwear Business for Wolverine
Wolverine World Wide announced that Blake W. Krueger, the Company's Executive Vice President and General Counsel, will assume responsibility for the global CAT Footwear business. In this new capacity, Krueger will continue to report directly to Timo
Gildan Moves into Georgia; Major Investor Divests Over Labor Issues…
In its ongoing battle with Russell Corporation in the Artwear/Careerwear category, Gildan Activewear Inc. has formed a 50-50 joint venture with Frontier Spinning Mills Inc. to acquire the assets of a yarn-spinning facility in Cedartown, GA for $12.5 milli
New Balance Talks on China Strategy…
In an exclusive interview with Sports Executive Weekly, New Balance Athletic Shoe president Jim Tompkins threw water on a Chinese newspaper report that suggested that New Balance would open 70 stores in China by the end of next year.
Can Everlast Expect to Ride Bling Bling to Better Results?
Everlast Worldwide is putting its name on everything these days — with a new jewelry line and a new fragrance the latest additions — in an attempt to bolster licensing revenues even as product sales continue to fall. Third quarter net sales for the com
Warnaco Looks for More from Speedo…
Speedo parent Warnaco said that the company’s swimwear group always runs losses in the third quarter since the company sees just 10% of its total year revenues for the division in Q3. But the operating loss widened for the period to $8.6 million from $3.
Lower GM Hurts Golfsmith Q3 Profits…
Golfsmith International saw net income for the third quarter fall 70.6% to $1.1 million from $3.4 million in the year-ago period. Net income from U.S. operations contributed 85.3% of total earnings, while Canada operations contributed 10.4% and Europe pro
