Burton Acquires Four Star Snowboard Brands
Four Star Distribution has agreed to sell its Forum, Special Blend, Jeenyus and Foursquare snowboard brands to Burton. Both parties have agreed on terms and are in the due diligence period of the acquisition, which is expected to be complete by August 15t
Cybex Q2 Net Income Jumps on 13.7% Sales Increase
Cybex International, Inc. reported that net sales for the second quarter ended June 26, 2004 increased 13.7% to $24.0 million from $21.1 million for the comparable 2003 period. Net income for the quarter was $833,000, or 8 cents per diluted share, compare
Mountainsmith Appoints Customer Service Director
Mountainsmith has announced the appointment of Elsbeth Heller to the newly created position of Director of Sales Operations, effective immediately. Heller was most recently Director of Customer Service for Watermark Paddlesports. Before that, she held s
Wolverine Q2 Net Up 18.4% on 8.0% Sales Rise
Wolverine World Wide, Inc. reported second quarter 2004 revenue totaled $198.8 million, an 8.0% increase over second quarter 2003 revenue of $184.0 million. Net income was up 18.4% to $11.0 million, or 27 cents per sahre, compared to $9.3 million, or 23 c
Montrail Lands New U.K. and Ireland Sales Agency
Montrail has forged an agreement with Beta Climbing Designs to become the company’s new sales representative for the United Kingdom and Ireland. Starting August 15, 2004, Beta Climbing Designs will take over all Montrail sales and service from Lyon Equipm
Play it Again Parent Sees Q2 Profit Dip 4.0% Despite Higher Franchisee Sales
Winmark Corporation, parent company of the Play it Again Sports franchise operation, reported net income for the quarter ended June 26, 2004 of $726,300, or 11 cents per diluted share, compared to net income of $756,400, or 12 cents per diluted share, in
Forzani Disputes Takeover Rumors; Sets Record Straight on Ad Settlement…
The Forzani Group Ltd., Canada’s largest sporting goods chain, found itself trying its case in public last week after settling a Competition Bureau investigation into advertising of sale prices at its Sport Chek and Sport Mart stores. FGL has reportedly
Atomic Brings Sales In-House…
Atomic has decided to change its sales force structure in the Mid-Atlantic and New York regions by forming a corporate Small Business Unit. The ‘SBU’ will be comprised of a Regional Business Director, two Territory Business Managers and a Territory Suppor
Backcountry.com Launches Outlet Site…
Backcountry.com has decided to enter the distressed merchandise market and has launched a new site called Backcountryoutlet.com. The company says that the new site will offer the same services and experience that backcountry.com offers while offering over
Forzani Disputes Takeover Rumors; Sets Record Straight on Ad Settlement…
The Forzani Group Ltd., Canada’s largest sporting goods chain, found itself trying its case in public last week after settling a Competition Bureau investigation into advertising of sale prices at its Sport Chek and Sport Mart stores. FGL has reportedly
Latest Genesco Acquisition Creates New Foothold North of the Border…
Genesco has started to push its Hat World and Lids business north of the border with the acquisition of a 17 store chain called Cap Connection. The chain operates stores in Alberta, BC, and Ontario, and should serve as a good jumping off point for Genesco
Prince Sports Realigns for More Focus…
Prince Sports has split the company into two business units to better service the needs of local markets, according to George Napier, chairman and CEO of Prince Sports, Inc…
Retail Execs Back Off Upbeat Outlook…
The most recent Executive Opinion Survey, a monthly index by the National Retail Federation, looked liked a solid precursor of the sluggish June results that were reported last week as the Retail Sector Performance Index (RSPI) posted its lowest reading s
ShopKo June Comps Climb 2.2%
ShopKo Stores consolidated sales for the five weeks ended July 3, 2004 increased 1.8% to $301.2 million from $295.9 million during the same period last year. Consolidated comparable store sales increased 2.2%…
The Buckle’s June Comps Jump 10.3%
The Buckle's sales for the five-week period ended July 3, 2004 increased 16.9% to $34.7 million from sales of $29.7 million in the corresponding five-week period ended July 5, 2003. Comparable store sales, for stores open at least one year, for the f
