Foot Locker second quarter net income decreased to 28 cents per share, or $44 million, from 53 cents per share, or $82 million last year. Second quarter results in 2004 included an income tax benefit of $37 million, or 24 cents per share, related to disco
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Billabong Posts Strong Yearly Results on 44.1% Income Jump
Billabong International Limited reported a 44.1% rise in net profit after tax to $125.4 million (US$94.5 million) for the fiscal year ended June 30, 2005. Sales revenue as reported in Australian dollars lifted 25.0% on the prior year to $843.6 million. Ea
Cloudveil Goes Fly Fishing
Cloudveil launched an entirely new line of angling products, set for debut at the Fly Fishing Retailer Show in Denver. Originally code-named Project 8x, Cloudveil's new angling program has been more than two years in the making and is being led inter
NSGA: Women Are Influential Equipment and Footwear Customers
NSGA’s recent study, “The Sporting Goods Market in 2005,” found that females are significant purchasers in many important footwear and equipment categories. In 2004, females purchased 54% of the $14.8 billion of athletic footwear sold at retail. Specifica
John Pagotto Leads Buy-out of TPS Hockey
TPS Hockey and its parent company Hillerich & Bradsby Co., of Louisville, Kentucky have signed a Letter of Intent to sell majority interest in their global hockey operation to TPS Sports Group Inc., a Canadian Company, lead by industry veteran John Pagott
Everlast Licensee and Norma Kamali Will Launch Collection
Everlast Worldwide Inc. announced that Everlast women's apparel licensee Jacques Moret, Inc. and fashion designer Norma Kamali have entered into an agreement to design and manufacture a contemporary sportswear/lifestyle collection under the Norma Kam
Craft Distributor Brings Karhu Running Shoes to N.A.
At the 1952 Olympics in Helsinki, Finland, Karhu running shoes were on the feet of many top competitors. In honor of the brands glorious past, just prior to the recently completed World Track and Field Championship in Helsinki, Karhu announced an innovati
Backpacking Light Announces First Ever Lightitude Award Winners
Backpacking Light Magazine announced the winners of the first annual 2005 Lightitude Awards at the Outdoor Retailer Summer Market 2005 in Salt Lake City, Utah on August 12. Winners included TarpTent, Six Moon Designs, GoLite, Western Mountaineering, Casca
GSI Commerce Names Non-Sporting Goods Chief; Blyksal Expands Role
GSI Commerce Inc. has named Patrick Vogt to the position of EVP of GSI Commerce, an executive officer of the company. Vogt will head the company's general and specialty organization, which includes all of the company's non-sporting goods partner
Athlete’s Foot Creditors to See Minimal Recovery…
The Athlete’s Foot filed its Joint Plan of Liquidation with the U.S. Bankruptcy Court last week, indicating that unsecured creditors will only recover 7% to 10% of their claims. TAF filed for Chapter 11 bankruptcy protection in December 2004, less than o
Hot Week for Executive Moves in the Outdoor Biz…
It was an active week for the movement of key executives into new positions as some recent free agents found new homes and some missing from the market have emerged in new key positions. The week started with two recent Deckers departures finding new hom
Hot Week for Executive Moves in the Outdoor Biz…
It was an active week for the movement of key executives into new positions as some recent free agents found new homes and some missing from the market have emerged in new key positions. The week started with two recent Deckers departures finding new hom
Head NV Gets Q2 Lift from Winter Sports, Property Sale…
Head N.V. looked to the Winter Sports business in the second quarter to reverse the negative sales trend of the first quarter, but the total sales increase for the period was not enough to bring the year-to-date revenue line into positive growth territory
OR Summer Market: The Energy Was Astounding…
When Peter Devin, VNU’s Outdoor Group show director, officially opened the 2005 Outdoor Retailer Summer Market this year, he said that The Salt Palace hosted the largest show, in terms of exhibition space, in OR’s history. While many shows grow until the
RECALL: Rear Wheel Hubs
Ritchey Design is recalling roughly 2,000 WCS – Protocol, Carbon, DS, DS Aero, and Girder rear wheels manufactured under license from American Classic Inc. American Classic voluntarily recalled about 2,850 of their road and mountain bike whe
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