Globe Int’l Posts 9.5% H1 Sales Decrease
Globe International reported a 9.5% decrease in sales for the fiscal first half to A$98.3 million ($73.9 mm) from A$108.6 million ($79.7 mm) during last year's first half. The company saw EBITDA for the first half decrease 83.1% to A$1.2 million ($0
adidas Honored as Cannes 2006 Advertiser of the Year
The Organizers of the 53rd Cannes Lions International Advertising Festival have announced that adidas will be awarded the prestigious Advertiser of the Year award, which will be presented to Erich Stamminger, president and CEO of the adidas brand, in hono
Russell Rolls Out New Integrated Team Dealer Group…
In an effort to better emphasize and leverage its portfolio of team sports brands, Russell Corporation has created an integrated Russell/Spalding Team Sports Group to manage all team dealer efforts for the Russell Athletic, Spalding, Huffy Sports, Bike At
K2 Inc. Profits Hurt by Goodwill Write-Down…
K2 Inc. reported healthy organic growth for the 2005 fourth quarter, but a large write-down related to the company’s goodwill and intangible assets negatively impacted earnings by $253.2 million for the quarter and the year. This charge resulted from K2’
Rossignol Deal Makes Europe Quiksilver’s Largest Region; Quik Cuts Fiscal Q2 Guidance…
Quiksilver, Inc. reported a considerable top-line benefit from the Rossignol acquisition during its fiscal first quarter ended January 31 and was able to able to take full advantage of the “lost quarter” effect since Rossignol was not on a quarterly repor
Stride Rite Solidifies Saucony and Hind Management…
The Stride Rite Corp. shuffled the deck at its Hind and Saucony subsidiaries this past week, enhancing the top management structure and the design department. At Hind, Todd Dalhausser was appointed general manager. He will report to Richie Woodworth, pre
Outdoor and SG Retail Finishes 2005 With a Bang…
Large national outdoor retail chains saw a banner year in 2005, with higher than expected comps that trickled down to the bottom line. The two largest specialty outdoor retailers in the country, REI and L.L. Bean, were able to capitalize on great winter c
Big 5 Appoints Jessick to Board
David Jessick has been appointed to Big 5 Sporting Goods Corporation's Board of Directors, effective March 7, 2006. Mr. Jessick will serve on the Audit Committee of the Board of Directors and will replace John Danhakl, who has served as a director si
Princeton Tec Sponsors Climbing for Kids Program
Princeton Tec will help light the way for the Climbing For Kids Teams on their Mt. Rainier and Mt. Shasta climbs in summer 2006. The Climbing For Kids events will benefit the Bay Area Wilderness Training (BAWT). The initiative is to help get at-risk urban
Warrior Hockey Promotes Wensley to Marketing Director
Neil Wensley has been promoted to Director of Marketing for Warrior Hockey. In this role, Wensley will oversee all product development, marketing and brand management for Warrior’s hockey division. Wensley has more than 12 years of experience in the hoc
Asics Appointed Footwear Supplier for England Hockey
England Hockey has appointed ASICS as the Official Footwear Supplier to England Hockey’s National Teams. The agreement has been signed by Barry Snellgrove, England Hockey Marketing & Communications Director and Ryoji Sekito, Managing Director of ASICS UK.
TSA Beats Q4 Guidance on 2.4% Comp-Sales Increase
The Sports Authority, Inc. net income for the fourth quarter was $29.8 million, or $1.10 per diluted share, compared with $25.3 million, or $0.96 per diluted share in the prior year's fourth quarter. This also beat previous EPS guidance of $1.07. Com
SKECHERS Inks Footwear Licensing Deal with Zoo York
SKECHERS signed a licensing agreement to design, develop and market men's footwear worldwide for the premier action sport lifestyle brand Zoo York. The agreement is the latest milestone in the successful growth of Zoo York, which, under parent compan
Sportsman’s Guide Sees Q4 Sales Increase 10%
The Sportsman's Guide, Inc. reported record results of operations for the quarter and year ended December 31, 2005. After adjusting out the additional week in the fourth quarter of 2004, the consolidated net sales for the fourth quarter of 2005 incre
Lafuma Acquires EU Surf Footwear Brand, Bishoes
The Lafuma Group has acquired 100% of BISHOES, a company specialized in the high growth segment of upmarket flip-flops. The company posted sales of EUR 1.2m ($1.4 mm)in 2005. A surfing specialist created the brand in 1995. The company’s growth was intenti
