Raleigh America Recognizes Top IBDs
Raleigh America, Inc., held its annual Heron Council Meeting and Gala February 22nd-24th at the Palm Springs Westin Mission Hills Resort in California. While the focus of the event is recognizing top dealers, it also provides the dealers and Raleigh Ameri
Woolrich President Roswell Brayton, Jr. Passes Away at 55
Woolrich has regretfully confirmed the sudden passing of its president, Roswell Brayton, Jr. Mr. Brayton collapsed yesterday afternoon at Woolrich headquarters in Woolrich, PA. He was rushed to Jersey Shore Hospital where medical personnel were unable to
Dick’s Sporting Goods Beats Guidance on 2% Comp-Sales Increase
Dick's Sporting Goods, Inc. net sales for the quarter increased 21% to $1.026 billion while comparable store sales increased 2.0% on a 13-week to 13-week comparable basis. Net income for the fourth quarter ended February 3, 2007 increased 33% to $67.
Athlete’s Foot Parent Inks Financing Deal for $150 Million War Chest
NexCen Brands, parent company to The Athlete's Foot, has entered into a master loan agreement arranged by BTMU Capital Corporation that will support the Company's strategic goals and provide additional capital for the acquisition of intellectual
NASGW Appoints New Chairman
The National Association of Sporting Goods Wholesalers (NASGW) has appointed Mike Brown as chairman of the association’s board of directors. Brown, president and CEO of Camfour has served for the past five years on the association’s board and brings many
New York City May Ban Metal Bats
New York's City Council is considering a ban on metal bats, with former New York Mets reliever John Franco testifying Monday in support of the proposal…
Nike Criticized for Crocodile Skin Shoes
Nike Inc. is being sharply criticized by animal rights advocates in Britain for creating a special edition training shoe out of crocodile skin. The shoes, which feature 18-carat gold lace tags and retail for about $2,700, were created for the 25th anniver
Foot Locker Q4 Net Rises 17.7% Despite Decline in Comps
Foot Locker Inc. reported net income rose 17.7% to $113 million, or 72 cents a share, from $96 million, or 61 cents, a year ago, helped by special items. Sales increased 5.6% to $1.65 billion from $1.56 billion, reflecting an additional week in the curren
Zumiez March Comps Jump 12.4%
Zumiez Inc. total net sales for the month of March increased 43.9% to $20.7 million, compared to $14.4 million for the four-week period ended February 25, 2006. The company's comparable store sales increased 12.4% for the four-week period, versus a c
adidas Group Passes €10 Billion Mark for 2006
adidas Group sales increased 53% on a currency-neutral basis for the fiscal 2006 year, due in large part to the first-time consolidation of Reebok. In euro terms, Group revenues grew 52% to €10.08 billion ($12.7 bn) in 2006 from €6.64 billion ($8.3 bn) in
K2 Fourth Quarter Sales Climb 9.9%; Income Declines on Legal Charges
K2 Inc. net sales for the fourth quarter were $388.6 million versus $353.5 million in the prior year, an increase of 9.9%. Adjusted net income for the fourth quarter of 2006 was $13.4 million, or 25 cents adjusted diluted earnings per share, compared to A
SGMA: Sporting Goods Industry Hits $66 Billion
The U.S. sporting goods industry is a $66 billion business at wholesale. Its growth rate is greater than the national average, technology is at the core of product innovation, and fitness gear continues to be the number one equipment category. Those wer
Rocky Brands Swings to Net Loss in Q4
Rocky Brands, Inc. fourth quarter net sales fell 5.7% to $70.6 million versus net sales of $74.9 million in the fourth quarter of 2005. The company reported a net loss of $100,000, or one penny per diluted share, versus net income of $2.6 million, or 46 c
CamelBak Inks Deal with Peregrine
CamelBak Products LLC, will partner with Peregrine
Outfitters to distribute its line of water bottles and bottle accessories. The agreement with Peregrine enables CamelBak to achieve broader distribution of its bottles…
Genesco Q4 Income Climbs 14% on 17% Sales Gain
Genesco Inc. reported earnings before discontinued operations of $35.7 million, or $1.36 per diluted share, for the fiscal fourth quarter ended February 3, 2007, a 14.4% increase compared to $31.2 million, or $1.15 per diluted share, for the fourth quarte
