Decathlon Sports will close 14 of its 18 former MVP Sports in New England by the end of the year. The French parent company, which reported €2.8 billion ($2.7 bn) in worldwide sales in 2002, is expected to keep only the Burlington, Bellingham, Norwood an
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SBI Lays Out Fila Reorganization…
Fila plans to eliminate roughly 29% of positions worldwide as new parent Sports Brand International embarks on a “strategic reorganization of the Fila brand. Jon Epstein, CEO of SBI said Friday that the reorganization was designed to achieve global effi
Isabel Stings, But Doesn’t Bite…
As Hurricane Isabel tore through the Mid-Atlantic states last week, it reportedly had mixed results on sporting goods vendors and retailers. There was even a small hint of a silver lining in the dark clouds for at least one retailer that opened a new sto
Dick’s SG Plays the Bay Area…
Dick's Sporting Goods outlined a bit of its vision for their Private Label business while answering questions at the Banc of America Securities Investment Conference in San Francisco last week…
Second Quarter Retail 10-Q Filings Reveal Key Categories, Disappoints…
The former Gart Sports filed its 10-Q for its 2003 fiscal second quarter, covering the financial results of the previous Gart Sports side of the business only…
Footlocker, Inc. broke sales down a bit further for its second quarter in its 10-Q filing wit
No Trickle Down Yet at Retail…
The National Retail Federation last week that they expect holiday retail sales this year to be up 5.7% to $217.4 billion, but this doesn’t seem to be seeping down into the hiring in the retail/wholesale sector…
Northeast Athletic Footwear and Sporting Goods Retail Lags Behind in July …
According to the Monthly Mall Merchandise Index compiled by the International Council of Shopping Centers, sales per square foot for non-anchor mall stores rose 2.2% in the month of July versus the year-ago month.
The group pointed to the first wave of ch
REI In Store Pick-Up Beats Expectations
Recreational Equipment Inc. announced that nearly one-fourth of all of REI.com and REI-OUTLET.com orders are now delivered to stores through the recently launched REI Store Pickup service…
Ride Holds Art Contest For Snowboard Design…
Ride Snowboards and ArtLink Steamboat present “Snowboard Art 2.” This is a Graphics Competition in Steamboat Springs this February 2004. The Grand Prize Winner will receive a whopping $1000 cash prize AND have their winning design printed on their very ow
DaKine Enters InterBike
DAKINE announces its entrance into the 2003 Interbike Trade Show taking place October 12-14, 2003 at the Sands Expo & Convention Center in Las Vegas, Nevada. For the first time in the company’s history, DAKINE will showcase
its expanded Spring/Summer ’04
OIA Releases Participation Study
Who wants to go out and play? Not as many Americans as last year, according to Outdoor Industry Association's Outdoor Recreation 2003 Participation Study. The study reports that overall, participation in outdoor activities declined from 2001 to 2002,
OIA Rendezvous Right Around The Corner…
There's not a better opportunity for retailers, manufacturers, sales representatives, media, and other industry members to learn, recreate, discuss industry issues and spend time with new and old friends then at the Rendezvous. Check out the “look wh
Exped Expands Rep Force
Exped has added Luke Buckingham to cover the Northeast, while Chris Hall and the RepSouth group will cover the Southeast U.S. Dave Cockburn, Kiwi Outdoor Representation, will handle the Southwest duties…
Nike Sees Fiscal Q1 Earnings Rise 21% on Exchange-Aided Growth
NIKE, Inc. reported that revenues for the fiscal first quarter ended August 31, 2003 increased 8.0% to $3.0 bn, versus $2.8 bn for the same period last year. First quarter net income totaled $261.2 million, or $0.98 per diluted share, compared to a loss o
Vans Sees Fiscal Q1 Earnings Beating Forecast
Vans, Inc. said it expects diluted earnings per share from continuing operations for the first quarter of fiscal 2004 to be approximately $0.15 to $0.18 above its previous guidance of $0.58 for the base business (excluding skateparks expected to be closed
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