G.I. Joe’s Opens First Store East of The Cascades
G.I. Joe's is celebrating the grand opening of a new store in Kennewick, Washington, its first store east of the Washington Cascades. In keeping with its commitment to connect with each community, G.I. Joe's Foundation will award several $1000 g
NSGA: Average Athetic Footwear Prices on the Rise
In 2005, the average price of athletic and sports footwear rose to $40.33 versus $39.32 in 2004, according to the “The Sporting Goods Market in 2005” published by the NSGA. With advances in average prices outnumbering declines more than two to one for the
Execute Sports Partners with Rincon Distribution
Execute Sports, Inc. has entered into an worldwide partnership with Rincon Distributionto open up new sales and distribution channels for Execute both in the United States, as well as internationally…
Pony Names Stroesser as CEO
Athletic footwear industry veteran Jim Stroesser has been appointed CEO of Pony International LLC. Stroesser, who previously served as Vice President of Sales at Converse, as National Sales Director at Oakley, and as a senior sales executive at Nike, move
Thule Hits the Ground Running
Thule’s sales increased during first quarter 2006 by 39.6% to SEK 905 million ($116.5 mm) compared to SEK 649 million ($93.9 mm). Organic sales increased 17.3%. Operating profit before one-off items increased by 58% to SEK 94 million ($12.1 mm) compared t
Rottefella Acquires NAXO…
Rottefella has acquired a majority Stake in NAXO AG and intends to “become a major player” in the alpine touring market. Rottefella already boasted a 40% market share in cross country bindings world-wide, and recently inked a deal with Fischer to make the
LaCrosse First Quarter Income Jumps 23% on 13% Sales Increase
LaCrosse Footwear, Inc. first quarter 2006 net sales were $21.4 million, up 13% from $18.9 million in the first quarter of 2005. Approximately $1.7 million of the net sales in the first quarter of 2006 can be attributed to five additional business days co
AND 1 Partners with AEG Live to Produce Mix Tape
AND 1 is partnering with event company AEG LIVE produce the popular AND 1 Mix Tape Tour presented by Mountain Dew, now in its seventh year…
Under Armour Raises 2006 Guidance on Strong Q1 Performance
Under Armour, Inc. reported that first quarter net revenues increased 50.7% to $87.7 million compared to net revenues of $58.2 million in the first quarter of 2005. Licensing revenue increased 65.8% and net sales increased 50.3% in the quarter. First qua
adidas Taking Grand Slams to Court Over Stripe Ruling
adidas is apparently filing suit against the four tennis grand slam events and the International Tennis Federation, who oversee those majors, in an effort to overturn a ruling would limit the size of the adidas three-stripe logo worn by sponsored athletes
Recall: Hoist Exercise Benches
The U.S. Consumer Product Safety Commission and Hoist Exercise Benches have recalled about 48,000 exercise benches. In addition to Hoist Fitness Systems, Inc., the company also does business under the name Body Gear, of San Diego, Calif…
East South Central States Sales Slightly Off Total U.S.
In the East South Central states (KY, TN, AL, MS), overall sporting goods store sales grew 22.6% from the 1997 Census versus total U.S. growth of 23.5% during the period. Sales for 2002 in the East South Central states reached $982 million. Of that amount
Dick’s Sporting Goods Receives Build-to-Suit Financing
Investment firm W. P. Carey & Co. LLC has provided Dick's Sporting Goods with $18.5 million in build-to-suit financing to expand its existing distribution facility in Plainfield, IN. W. P. Carey's affiliated income generating real estate fund, C
Nike Donates Joga Bonito Fields Across U.S.
Nike has committed approximately $1 million to fuel soccer in 15 communities throughout the U.S. Nike will donate three Joga Bonito soccer fields in Los Angeles, three fields in New York and four fields in Chicago as well as provide soccer equipment for 1
Outdoor Drives VF Corp. to 5% Q1 Sales Increase
VF Corporation saw total revenues increase 5% in the first quarter to $1.67 billion from $1.58 billion in the year-ago quarter. Income rose 12% to a record $128.2 million from $114.7 million before the cumulative effect of a change in accounting policy fo
