SnowSports Retail Remains Flat; Chain Stores Lead the Way…
With an estimated 30% of retail sales for the season accounted for, trends are emerging in the SnowSports market which, historically, will continue through the remainder of the season. SnowSports retail sales slowed down slightly in the month of November,
ICON Falls into the Red in Fiscal Q2…
ICON’s sales decline was precipitated by the discontinuation of ICON’s “Jump King” business, a 22.7% decline in sales of strength training equipment, and an 8.1% drop in cardiovascular equipment. All the above, coupled with a sharp drop in margins pushed
Climb High Changes Company Name; Keeps the Brand Rolling…
Climb High, the U.S. distributor of Mammut, Raichle, Ajungilak and ToKo, will now operate in the U.S. market as the Mammut Sports Group. Climb High was acquired by Mammut over four years ago and the name change in the US market is an attempt to build a c
Keds Back in Positive Growth Mode; Stride Rite Swings to Q4 Profit…
The Stride Rite Corporation just got over the profit line in the fourth quarter, managing to pull out net income of just $51,000, or zero earnings per share. Still, it was a swing to profit from Q4 last year when SRR posted a net loss of $965,000, or two
Raleigh Turns Around UK Ops; EBITDA Nearly Triples
Raleigh Cycle Limited announced that its financial results for the year ended September 2004 show a significant turnaround in performance. Revenues grew 10% from $259 million in 2003 to $285 million in 2004. 7.3% increase in cycle units sold. The company
Mizuno USA Snags Accolades; Puts Up the Numbers Again in 2004…
Mizuno USA, Inc. announced last week that it posted its fifth consecutive year of revenue and earnings growth, reporting that overall sales for the company increased 12% versus the prior year. Since 1999, Mizuno has seen revenue grow 77%…
Oakley Partnering with Motorola on New Communication Technology
Motorola, Inc. and Oakley, Inc. have announced a joint venture to introduce new Bluetooth-enabled wearable wireless communications devices. Motorola is collaborating with Oakley to fuse Motorola's latest Bluetooth technology with Oakley's advan
NSP Hires Spialek as Educations Director
The National Ski Patrol has hired Bill Spialek as the education director for the organization. In his new role, Spialek will be responsible for the development, management, and supervision of all of the NSP’s educational programs. He will serve as an educ
Gander Mountain Revises Outlook for Fiscal 2004
Gander Mountain lowered its outlook for pretax income for fiscal 2004 to a range of $2.0 million to $4.0 million, compared with the company's prior guidance of $8 million to $13 million. The company also said that it expects comparable store sales fo
Nautilus Responds to Icon’s Press Release
The Nautilus Group, Inc. on Friday responded to the January 13 press release issued by Icon Health and Fitness regarding a legal case involving it and The Nautilus Group in Salt Lake City, Utah. In order to correct certain misleading and inaccurate statem
SBI Acquires Cloudveil Apparel; Forms new Company
Sport Brands International (SBI) has acquired outdoor apparel company Cloudveil and formed a new company, Cloudveil Mountain Works, Inc. Financial details of the agreement have not been disclosed. Jim Reilly has been appointed Managing Director of the n
Retail Marketing Manager — Under Armour
Under Armour seeks a Retail Marketing Manager with 5 or more years of related experience. The Retail Marketing Manager will act as a liaison between the Marketing Department and both the Sales and Apparel Departments, and manage the marketing in ma
Merchandising Manager — Under Armour
Under Armour seeks a Merchandising Manager with 5 or more years of merchandising experience. The Merchandising Manager will provide Merchandising strategy, fixtures, POP and overall policy for the company and for Under Armour retailers…
Stride Rite Ekes Out Q4 Profit on 13% Sales Gain
The Stride Rite Corporation reported that sales for the fourth quarter of fiscal 2004 increased 13% to $116.8 million from $103.8 million in the comparable period of fiscal 2003. Net income for the fourth quarter totaled $51 thousand or zero per diluted s
REI to Open Plano, TX Store
Recreational Equipment Inc. announced plans to open a store in Plano, Texas, in May 2005, at the northeast corner of Preston Road and Park Boulevard in Preston Towne Crossing. The 27,000 square-foot store will be about 11 miles northeast of the REI store
