Thule Goes Direct in Canada
After over 25 years of working exclusively with Canadian distributor Sport Dinaco, Thule will assume all distribution and sales of Thule products in Canada starting in the spring of 2007. The change is a result of Thule’s recent acquisition of SportRack,
Dick’s Sporting Goods Beats Q3 Expectations and Raises Guidance on Solid Gains…
Dick's Sporting Goods last week announced that they had beat earnings expectations for the third quarter by a factor of four, posted a comp sales gain of nearly nine percent, raised guidance for the year, and acquired the largest golf specialty retai
Nike Adds Media Vet to Board
NIKE, Inc. appointed veteran media executive Johnathan A. Rodgers to its Board of Directors. Rodgers, 60, is President and CEO of TV One, a fast-growing cable channel that currently serves approximately 33 million households and offers a broad range of li
Confluence Promotes FitzGerald to VP of Sales
Confluence Watersports has promoted Patrick FitzGerald to VP of sales. FitzGerald has 29 years of outdoor industry experience, having worked in retail, general management and sales. He was most recently the Director of International Sales at Confluence,
Nike to Launch Ronaldinho Collection
Nike will launch a signature collection with Brazilian soccer star Ronaldinho. Ronaldinho's signature collection is Nike's first signature line ever introduced with a soccer athlete, joining the ranks of Michael Jordan, Tiger Woods and LeBron Ja
Under Armour Looks to Move to NYSE
Under Armour, Inc. has filed an application to list its securities on the New York Stock Exchange (NYSE). The company looks to start trading its shares of Class A Common Stock under the symbol “UA” on the NYSE on December 18, 2006. Until that time, the co
Hibbett Q3 Sales and Net Both Up Double-Digits
Hibbett Sporting Goods, Inc. saw net sales for the third quarter jump 17.2% to $129.7 million from $110.6 million last year. Comparable store sales increased 7.1% in the third quarter of fiscal 2007. Net income for the quarter increased 21.5% to $9.9 mill
Sport-Haley Narrows Fiscal Q1 Loss
Sport-Haley, Inc. net sales for the three months ended September 30, 2006 were $4.7 million, an increase of $662,000, or 17%, from net sales of $4.1 million for the comparable period in the prior fiscal year. Net loss for the three months ended September
Big 5 Keeps Comps Streak Alive with Solid Q3…
Big 5 Sporting Goods Corp. continued its streak of comparable store sales increase in the fiscal third quarter ended October 1, posting a 3.8% same-store sales gain on top of a 2.6% increase in the year-ago period. The increase came on the back of increa
Black’s Leisure Sees Millets Weakness Impact Profits…
Black's Leisure Group, the holding company behind the UK’s largest outdoor and action sports retail chains, reported total sales in the first half increased 0.9% to £141.3 million ($254.9 mm) compared to £140.0 million ($259.3 mm) in 2005. Comparable
Golf Town Gets Full Benefit of Sales Gain in Q3…
Canadian golf specialty retailer Golf Town reported strong mid-teens sales growth for the third quarter. Both margins and expenses increased at nearly the same rate, and without any other extraneous one-time charges or benefits, much of the sales growth
TAF Parent Outlines Growth Strategy…
NexCen Brands closed its acquisition of The Athlete’s Foot last week and added some color to future strategies during a conference call with analysts. NexCen itself is in the middle of a transition. Previously, it ran a Mortgage Backed Securities busines
Puma Beats Q3 Forecast and Confirms Full Year Even as Backlog Growth Slows…
Puma AG saw their third quarter “develop better than expected,” as worldwide branded sales increased in the mid-teens, total group sales jumped more than 30%, and the company turned in a bottom-line decline that was less severe than the planned and foreca
La Sportiva Aims for Zero Waste…
La Sportiva hired Boulder-based Eco-Cycle to reach the goal of becoming a Zero Waste organization. The Zero Waste Service from Eco-Cycle is a three–part program that involves collection of all waste, education within the company, and promotion in the comm
Timberland Appoints New VP of Business Development and Licensing
The Timberland Company has appointed Dennis Jenson (DJ) as Vice President of Business Development and Licensing. In this role, DJ will be responsible for planning and identifying growth opportunities for the Timberland enterprise. He reports to Ken Pucke
