Riding robust growth in football (soccer), running, and action sports and benefitting from fewer off-price sales, Nike Inc. reported fourth quarter earnings soared 53% after year-ago restructuring charges on a solid 8% revenue gain. Still, top-line growth
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Running as Fashion: The Reports of My Death are Greatly Exaggerated
Despite some recent reports to the contrary, the running category appears to have lost no momentum thus far in 2010…
Sports Authority Appoints Gwen Manto as Chief Merchant
Sports Authority appointed Gwen Manto, former chief merchant at Dick's SG, as EVP and chief merchant to oversee all merchandising, planning, allocation, fulfillment, supply chain and product development functions…
Nike, Inc. Outlines Five-Year Growth Plan
In its first analyst meeting in three years, Nike, not uncharacteristically, heralded an ambitious five-year goal to expand sales by 40% to $27 billion by 2015…
Adidas Group Hikes Full-Year Outlook on Strong First Quarter Profit Gain
Adidas AG first quarter net income bounced back to €168 million ($234 million) from €5 million ($6 million) in the year-ago period as gross margins gained 350 basis points and revenue climbed 4% to €2.67 billion ($3.7 billion)…
KARHU to Sponsor 13.1 Marathon Race Series
KARHU said it marked its said it 100th specialty partnership and is planning a 10+ major city half-marathon sponsorship of the 13.1 Marathon race series. As the exclusive apparel and footwear sponsors of the 10+ major city 13.1 Marathon series, KARHU and
CEOs Join NSGA Conf. Panel
An esteemed panel of industry CEOs will be on hand to join the discussion on future business outlooks when the NSGA Management Conference and Team Dealer Summit convene at the Saddlebrook Resort in Wesley Chapel, FL on May 2-5…
Craig Levra, Mickey Newsome Join on Panel at NSGA Conference
Craig Levra, chairman & CEO of Sport Chalet; and former NSGA Chairman of the Board Mickey Newsome, chairman & CEO of Hibbett Sports, will be featured on a panel at the upcoming NSGA Management Conference. The panel's topic will be “The Next 5 Years “
K2 Sports Licenses Adio to LandS Group
K2 Sports reached an agreement to license the Adio skate brand to Anthony L&S Footwear Group. Terms were not disclosed. L&S, which makes footwear under the Fubu, U.S. Polo Association, Mt. Gear, Levi's, Cadillac and Greedy Genius names, is now headed
K-Swiss Inc. Sees Some Light in New Products, but Legacy Products a Drag in Q3
K-Swiss, Inc. worked though another quarter of downward trending sales in the third quarter as worldwide revenues declined 23.7% to $70.6 million for the period, compared to $92.6 million in the year-ago period. The company posted a $2.9 million loss for
Nike, Inc. Overcomes Fiscal Q1 Sales Decline
Nike, Inc. saw shares rise 5.8% for the week to close at $62.02 on Friday despite a double-digit decline in fiscal first quarter revenues. The increase came as some analysts upgraded the stock after the company beat Wall Street earnings estimates on redu
Market Looks at Issues and Opportunities as Inventories Shrink
Tough times call for prudent inventory management at retail. But is the industry overdoing it? As retailers work to keep inventories lean this year and focus on bottom-line profitability instead of just top-line growth, some are starting to get concerned
Sporting Goods Sees 2009 as Year of the Margin
Tough times call for prudent inventory management at retail. But is the industry overdoing it? As retailers work to keep inventories lean this year and focus on bottom-line profitability instead of just top-line growth, some are starting to get concerned
Sporting Goods Consumers Think of Specialists First
Full-line sporting goods retailers like Dick’s Sporting Goods and Sports Authority are top of mind when consumers think about where to shop for sporting goods, (including footwear and apparel) but the larger and broader mass merchant stores like Wal
Report: Dick’s Sporting Goods Top of Mind for Sporting Goods Shoppers
Full-line sporting goods retailers like Dick’s Sporting Goods and Sports Authority are top of mind when consumers think about where to shop for sporting goods, including footwear and apparel, but the larger and broader mass merchant stores like Wal-
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