While the “big get bigger” deals had everyone talking in 2005, the second tier of acquisitions and mergers during the year will provide a more subtle approach to growing the business…
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SGMA: Athletic Footwear Running Strong in 2005
SGMA reported that, based on NPD Group data, a strong turnaround in the men’s category caused consumer spending for athletic footwear to rise 10% during the first half of 2005. Total spending for athletic footwear rose to $8.7 billion for the 2005 period,
Back-to-School Sales Again Drift into Fall…
The Back-to-School season for athletic footwear proved to be challenging again this year. Athletic footwear had been running a solid high-single-digit increase all year, but flattened out just as the all-important BTS season began…
Athletic Footwear: The Rumors of My Death are Greatly Exaggerated…
Wall Street analysts seemed to be working overtime the last few weeks, apparently trying to justify some recent comments made by a few that athletic footwear is on the decline. While a few retailers did report a slowdown in their Q2 sales of sneakers, mo
Genesco Looks to Strong Athletics and Headwear Hook-ups for Improved Outlook…
Genesco is starting to give the market an idea just how important the Hat World acquisition was for the company as they work on new formats to develop locations that pair a Lids store with an Underground Station store while continuing to expand the concep
First Quarter Sees Softgoods Vendors Shine…
Acquisitions again played a large role in assisting sporting goods industry Softgoods vendors to post stronger earnings in the first quarter, but Hardgoods vendors as a group took a hit as weakness in the Golf sector and a tougher-than-usual Q1 for the Wi
American Sporting Goods Acquires AND 1…
Market watchers have been waiting patiently the last few weeks as the expected acquisition of AND 1 by Skechers USA dragged on without a firm deal in place. We now know what was happening behind the scenes after Jerry Turner, chairman of American Sportin
Industry Vendors Continue Healthy Gains in Q4…
Sporting Goods industry vendors in both the Softgoods and Hardgoods categories started to see acquisitions play a bigger role in the bottom line gains, while U.S. companies continued to benefit from a weaker dollar and many European companies struggled to
NSGA Conference Registrations Continue Record Pace
With two months remaining before the 41st Annual NSGA Management Conference & 7th Annual Team Dealer Summit, registrations continue to arrive at a record pace. As of March 17, nearly 390 persons had registered…
Famous Footwear Again Sets the Pace for Brown Shoe in Q4…
If retail was the NFL, the honors for Coach of the Year would have to go to Famous Footwear president Joe Wood. A strong performance in the fourth quarter ended January 29 was due to two years of investment in the family footwear chain of Brown Shoe Comp
There’s Still a Little Magic Left in Trade Shows…
After spending most of the last two months in an airplane or at trade shows (and far too much time in Las Vegas), it only seemed appropriate for Sports Executive Weekly to take an overall look at the market for 2005 and offer up a humble assessment of the
Industry Again Outpaces Market…
SEW has been using the S&P 500 index since 2000 as a baseline to measure performance in the sporting goods industry versus the rest of the public market. Since that time, we have seen the S&P both fall sharply and regain momentum, but the sporting goods
NSGA Creates Special Management Conference Footwear Workshop
The National Sporting Goods Association is sponsoring the first-of-its-kind workshop that will seek ways to stimulate growth in the nearly $15 billion athletic footwear market. The workshop will be held Tuesday, May 24, at the 41st Annual NSGA Management
WSA Super Bowl Scheduling Snafu Creates Challenges…
The scheduling screw up for the February WSA show has caused a lot of concern and confusion in the athletic footwear industry. (For those of you just getting back into the country, the second day of the WSA Show is Super Bowl Sunday, one of the biggest d
Vendors Continue to Rack Up Profit Gains in Q2…
The industry’s vendors found new ways to boost profits in the second quarter even as sales growth started to moderate a bit. Companies in the Softgoods sector, which includes Footwear and Apparel, saw profit growth outpace sales growth by nearly a three-
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