Sporting Goods Retail is a Tale of Two Cities…
If the news last week about the pending merger between May Company and Federated tells us anything it is that retail consolidation is probably far from over. Sports Executive Weekly wonders if the two largest department stores in the country can merge, w
Everlast Targets Latino Market with Nutrition Line
Everlast Worldwide has launched “Everlast Nutrition for Latinos.” Developed by New York-based Vitamin Branding Corp., the licensee, manufacturer and distributor of Everlast Nutrition products, the line will be targeted towards the Latino market using spec
DSW Files for IPO; Retail Ventures Will Retain Control
Retail Ventures announced that DSW Inc., its wholly-owned subsidiary, will pursue an initial public offering. DSW filed its initial registration statement with the U.S. Securities and Exchange Commission. RVI expects that DSW will complete the IPO in the
RSN to Showcase SIA’05
RSN, Resort Television, attended the SnowSports Industries America show in Las Vegas in January to tape information on new skiing and snowboarding products and technologies will be available to consumers for the 2005/2006 ski season. That footage will beg
McCormack Joins Scott USA Sales Force after Tenure at Trek
Scott USA has hired Jason McCormack to the company’s bike group. McCormack will be the sales manager for the Arizona, Nevada, and Hawaii territory. McCormack started his cycling career working for Fair Wheel Bicycles while attending college at the Univers
Mountainsmith Adds New Great Lakes Sales Agency
Michigan-based Active Pursuits sales agency has joined Mountainsmith as the new sales and marketing organization for the Great Lakes Region, including Michigan, Ohio, and Indiana. Active Pursuits is headed up by president, Mark Waddle, with the assistance
Kellwood Q4 Sales Increase 14%; Earnings Cut in Half
Kellwood Company reported fourth quarter sales increased $71 million, or 14% to $592 million, versus $521 million last year due to a combination of organic growth of $53 million, or 10%, and the acquisition of Phat Fashions and Phat Farm, which provided $
SGMA: U.S. Sporting Goods Imports Continue Growth
The dollar value of sporting goods imported into the U.S. increased by 7.5% to $10.43 billion in 2004 compared with $9.7 billion for 2003. It's the third consecutive year of increased value of sports goods. This is the main finding of SGMA Intern
Urban Outfitters Q4 Earnings Jump 72% to $31.7 Million
Urban Outfitters, Inc. announced record earnings of $31.7 million for the fourth quarter ended January 31, 2005, a 72% increase over the comparable quarter last year. Fourth quarter diluted earnings per share rose to 38 cents this year versus 22 cents in
TSA Bests Q4 Estimates, But 2005 Guidance Disappoints
The Sports Authority, Inc. reported that net income for the fourth quarter ended January 29 was $25.6 million, or 97 cents per diluted share, compared with net income of $14.6 million, or 55 cents per diluted share. Total sales were $713.8 million compar
First ’24 Hours of Climbing’ Event Launched in Washington; Proceeds Benefit Thai Tsunami Victims
To benefit Thailand rock climbing communities impacted by the recent tsunami, the first-ever 24 Hours of Climbing fundraiser is set for April 22-23, 2005. The 24 hour event will involve two or four-member teams of friends,
colleagues and families raising
Shimano Taps SHIFT Communications for PR Campaign
SHIFT Communications has signed Shimano Inc. to its client roster. SHIFT will support Shimano in educating the American public about how bicycling is part of the solution to many of our nation's worst problems such as traffic congestion, pollution an
Tubbs ‘Romp to Stomp’ Event Raises over $40,000
On Saturday, March 5, Tubbs Snowshoes and the Denver Affiliate of the Susan G. Komen Breast Cancer Foundation held their second annual 'Romp to Stomp Out Breast Cancer' Snowshoe Series at the Frisco Nordic Center. The event raised over $40,000 f
etnies Girl Announces Sponsorship of SG Queen of the Mountain
etnies Girl will be supporting the third annual SG Queen of the Mountain all-female pro/am snowboarding contest at Mountain High Resort on Saturday, March 12, 2005. The company has come together in support of the contest that benefits Boarding for Breast
Timberland Stock Splits 2-for-1
The Timberland Company's Board of Directors approved a 2-for-1 split of its Class A and Class B Common Stock. The additional shares will be distributed on May 2, 2005, to shareholders of record on April 14, 2005. In addition, the Board of Directors a
