Fila has extended its endorsement agreement with baseball star Barry Bonds through 2006. The deal extends the company’s relationship with the future Hall of Famer through 2006 and supports it continued commitment to the cross training category…
Results for "M"
Skechers, Spears Settle Disputes…
Pop diva Britney Spears and Skechers USA have settled their respective actions against each other in a deal approved last week by a federal judge in Los Angeles.
The terms of the settlement deal were not revealed…
Escalade Keeps the Deal Flow Going…
As K2 and Russell push back from the table to digest their recent acquisitions, the consolidation wave in sporting goods continues unabated as Escalade Sports moved last week to acquire the assets of North American Archery Group LLC out of bankruptcy cour
Finish Line (Q1 Report Week 0313)
- Stores average 5951 square feet. Stores opened during 2003 averaged 4800 square feet.
- Now plans to open 50 doors in 2004. This will result in an increase in square footage of 7% – 8%.
- Typical store carries 600-700 styles and 10,000+ pai
Skechers (Q1 Report Week 0317)
- Domestic (wholesale) sales were $147 mm vs. $185 mm in Q1 2002, declining to 71% of total sales from 76% in the year-ago quarter.
- Expect to open 25-30 new doors in 2003, six of which have been opened to date.
- Expect Q2 sales to be $200 mm
K-Swiss (Q1 Report Week 0317)
- Sold 4.5 mm pairs in the quarter.
- Average selling price decreased to $24.71 from $25.20 in Q1 2002.
- Classics business increased 58%.
- Margins decreased to 43.5% from 44.7 % due to “recognition of guaranteed royalty payments to National
Shoe Carnival
- Average store is 11,600 sf, with $2.7 mm annual sales and has 30,000 pairs of shoes in inventory.
- Plans to open 40 doors in 2003 and expand at 20% per year thereafter. All stores are leased.
- Focused on growing Women’s non-athletic.
Genesco
- Journey’s is 53% of total net sales and 64% of profits. Operating margins at Journey’s is 12.2%, down from 13.6% in Q1 LY. 2003 comps were flat.
- Journey’s operates 579 stores, averaging 1600 square feet.
- Average selling price decli
Nautilus Group Appeals Ruling in ICON Action
The Nautilus Group, Inc. announced that it has appealed a ruling by a U.S. District Court in which the Court denied the company's motion for a preliminary injunction and granted partial summary judgment to ICON Health and Fitness, Inc., on the issue
Nautilus Safety Footwear to Partner With Feetures! Sport Socks
Nautilus Safety Footwear has begun a joint venture with Feetures! Brand Sport Socks. Wayne Elsey, president and CEO of Nautilus Safety Footwear, said that his company planned a broad promotion to highlight the Feetures! sport socks and how they complement
Foot Locker Files Its Delayed 2002 10-K with SEC
Foot Locker, Inc. filed its 2002 Form 10-K with the SEC on Monday. Foot Locker filed for an extension on May 2, 2003 with the SEC due to ongoing technical discussions between the company, its independent outside auditors and the SEC regarding the classif
SIA: Specialty Store Sales Rose 7.1% for Season
Overall sales for the entire winter sports market increased by 4.1% in dollars to $2.2 bn compared to $2.1 bn in 2002 for the season according to the SIA Retail Audit. Sales at specialty ski and snowboard shops through the end of the season were up 7.1%
SIA: Chain Store Sales Were Down 5.1% for 02/03 Season
Chain store sales were down 5.1% for the 2002/03 winter sports season (August through March) compared to the same period in 2002. In dollars, that translates to $487.6 million in sales compared to $513.7 million in 2002. The unit sales tracked 10.5% beh
Everlast Nabs TSA Vendor Award for Logistics
Everlast Worldwide Inc. announced it received the 2002 Vendor of the Year Award for Logistics for Softlines from The Sports Authority…
Head Q1 Sales Dip Leads to Widening Loss
Head N.V. announced net sales decreased 1.7% to $73.6 million. The net loss increased 177% to $9.9 million for the three months ended 31st March, 2003. Sales in the Winter Sports division jumped 38.0%, Racquet Sports sales fell 10.1%, Diving was down 11