The Stingray’s Waning, What’s Next for Schwinn?
Dorel Industries’ Home Furnishings and Recreational/ Leisure segments, the latter of which is made up entirely by Pacific Cycle, will negatively impact earnings in the second half of the year. The Canadian company’s second quarter results will be announce
Acushnet Traces Counterfeit Balls to Potential Sources…
After successful efforts over the last two months to curb gray market distribution and counterfeiting of Titleist Pro V1 golf balls, The Acushnet Company, the golf division of Fortune Brands that owns the Titleist, FootJoy, Cobra, and Pinnacle brands, has
Callaway Will Miss Q2 Street Estimates; Q3 Looking Up…
Callaway Golf Company is forecasting approximately $323 million in sales for the second quarter ended June 30, also estimating that diluted EPS for the period will be in the 25 cents to 27 cents per share range. Excluding integration charges of approximat
Golf Rounds Up for May, But Still Down for YTD Period…
Golf rounds played in the U.S. increased 1.1% in May 2005 over May 2004, according to NGF. Despite the gains experienced in May, nationwide rounds played were still down 1.6% through the first five months of the year.
The Mountain region saw the largest d
Cutter and Buck Shakes Off Fiscal Q4 Profit Decline; Looks to New Initiatives…
Cutter & Buck is getting a bigger slice of its business in the Specialty channel these days, which may be a key driver for the introduction of a new premium “Signature” collection that will launch for Spring ’06. The company is also getting back into the
Zappos.com Lands More Financing…
Zappos.com received an additional $15 million round of equity funding from Sequoia Capital, a technology-based private investment fund that has been involved with several internet companies, including Google, Cisco Systems, Kayak.com, and PayPal. The fund
JJB Sports YTD Comps Down 9.4%; Whelan Exits Chairman Post…
JJB Sports, the U.K.’s largest outdoor and sporting goods retail chain, reported that year-to-date revenues through July 3 were down 8.9% compared to last year. Comparable store sales were down 9.4%. Both metrics were impacted primarily by the very high
Retail Executives See Little Upside from Stronger Traffic in June…
The June survey of Retail Executives conducted by the National Retail Federation didn’t appear to reflect the solid month at retail as the monthly index generated from the study indicated some concerns for the near-term, but a brighter outlook for the fal
June Weather Heats Up Retail Sales Results…
Warm weather forced consumers out of their homes and into the malls in June, as the long-overdue shift in the weather sent people to stores to buy shorts and other summer-related goods. According to an ICSC survey of 70 chain stores, June's chain sto
Recall: Rolf Prima
Rolf Prima is recalling Vigor and Elan rear wheels made in 2003, because the freehub mechanism can malfunction causing a loss of resistance when pedaling. No injuries have been reported, but the defect could cause riders to lose balance and fall. The faul
Action Sports See Wall Street Action…
Zumiez continued its string of impressive same-store sales gains, posting a 10.7% increase in June on top of a 9.0% increase in the year-ago period. The gain was attributed to a mid-single-digit increase in comp store transactions and a mid-single-digit
Timberland to Consolidate Caribbean Manufacturing Ops…
Timberland plans to consolidate its Caribbean manufacturing operations by closing its manufacturing facility in Isabela, Puerto Rico at the end of 2005 and expanding manufacturing volume in its facility based in the Dominican Republic. The company will in
Product Line Manager — Spyder
Spyder Active Sports is seeking an experienced Product Line Manger to add to our team. Spyder is recognized world-wide for it’s expertise in the design, fabrication, innovation and distribution of snow sports apparel. As one of the Apparel Produc
LL Bean Changes Ad Agency, Strategy…
L.L. Bean caught the eye of the advertising and media trade this week with their decision to hire Pile and Co., an advertising consultant firm, to review their advertising program. For the past five years, L.L. Bean has held a contract with Martin/William
Confluence Solidifies Brand Positioning…
Following their recent acquisition or Watermark’s watersports division, Confluence has finalized the positioning for its brands, creating a structure that is designed to allow the company to distribute multiple brands across multiple channels. For any man
