GSI Commerce to Sell Sporting Goods through Sears.com
GSI Commerce Inc. has entered into a definitive agreement with the Customer Direct business of Sears, Roebuck and Co. to supplement and enhance the variety of sporting goods products sold through the retailer's Web site. sears.com will supplement it
Implus Adds European Sales Director
Responding to its rapidly growing international business, Implus is adding David Wallace to its international team as Director of European Sales. David joins Implus with extensive experience in both the footwear and apparel categories with Adidas, New Ba
Nike Children’s Shoes In CPSC Recall
The U.S. Consumer Product Safety Commission, in cooperation with Nike Inc., issued a voluntary recall of about 9,000 children's athletic shoes. The Nike Get-Go and Little Get-Go children's athletic shoes, which were on the retail floor for Back
Dick’s Moving Fast on Galyans Integration; Raises Guidance
Dick's Sporting Goods does not appear to be as affected by the licensed apparel or fitness equipment issues that have caused other sporting goods retailers to reduce their expectations for the second quarter. That fact, coupled with the retailer’s i
Dick’s Posts Solid Q2; Raises Guidance
Dick's Sporting Goods, Inc. reported that net income for the second quarter ended July 31, 2004 increased 16% to $17.9 million, or 34 cents per diluted share, compared to net income of $15.5 million, or 31 cents per diluted share, in the year-ago per
NRF: College Students Advance to a New Level of Spending
The second annual NRF 2004 Back-to-College Consumer Intentions and Actions Survey, conducted by BIGresearch for NRF, found that the average college student will spend $605.69 of their own money on back-to-college merchandise this year. Before returning to
lucy Opening Portland, Oregon Store
lucy will open its first Portland-area store in northwest Portland's historic building, The Henry, in mid-October. The Portland-based retailer debuted online as lucy.com in November 1999. After closing the website in 2001, the company – whose headqua
Cabela’s Looks West; To Open First Utah Store
Cabela's is in negotiations to build a 150,000-square-foot store near Lehi, Utah, and plans to have it open for business by late 2005. Construction is scheduled to begin in the summer of 2004. Cabela's expects to employ as many as 400 people to
Gen-X Acquires Rights to Savier Brand
Gen-X Sports Inc., a wholly owned subsidiary of The Forzani Group Ltd. has acquired the North American rights to the licensed trademark of “Savier”. Savier is an authentic skate shoe brand that is owned by a wholly owned subsidiary of Nike Inc…
Thibodeau Takes Over at Alpina as Schaer Retires
Rolf Schaer, President and CEO of Alpina Sports Corporation, has sold his interest in Alpina Sports Corp to Frank Thibodeau, the company’s marketing consultant of the last 20 years. As a result, the reins of Alpina Sports have been handed from Rolf Schaer
Axis Outdoor Gets the Ball Rolling
Axis Outdoor has finalized it's sales force, covering all of North America and hired Allan Slade as Sales and Marketing Manager. Additionally, the distributor has picked up the 2003 ISPO new product innovator award winning 'Dryzone' product
Amer Group Q2 Results Hurt by Income Tax Expense, Tobacco Business Exit……
Amer Group still expects to be the number one sports equipment company in the world, but may have slipped in the second quarter in their drive to achieve that goal. Total company net sales in Q2 were impacted by the company’s withdrawal from the tobacco
True Temper Hurt as Retail Weakness Runs up the Supply Chain…
True Temper Sports, Inc. reported net sales for the second quarter decreased to $25.3 million from $32.5 million during the second quarter of 2003. Net income for the second quarter decreased to $1.7 million from $3.8 million in the second quarter of last
Head NV Sees Tax Hit Hurt Q2 Profits…
Head N.V. saw their bottom line take a major hit in the second quarter, as a $20.6 million (€17 mm) income tax expense drove the net loss for the period up 245%, or up 225% when measured in the company’s native Euro currency..
Collegiate Pacific Outlines Team Deals…
Collegiate Pacific revealed in SEC filings last week that the acquisition of Kesslers Sport Shop in April of this year was valued at $13.75 million, consisting of $6.5 million in cash and 906,250 shares of BOO common stock valued at $7.25 million…
