Phoenix Footwear Group, Inc. is engaged in discussions regarding a possible acquisition of Altama Delta Corporation, a privately held Atlanta, Georgia-manufacturer of boots for the military and commercial markets. In the last fiscal year, Altama Delta had
Tag: People
Russell Athletic Unveils New ‘Energetic’ Logo
Russell Athletic recently unveiled a more athletic and evolutionary version of its classic red and blue capital “R” logo that has been seen for decades on thousands of sports teams worldwide. The new logo features an energetic orientation, a richer blue c
Backcountry.com Hires Kane as Chief Technology Officer
Backcountry.com has selected veteran technology professional, Jim Kane, to fill the newly created position of Chief Technology Officer. As the company’s CTO, Kane will be responsible for all technical operations ranging from the storefront to communicatio
SGMA: U.S. Women Set Their Sights on the Gym
Many women are getting their inspiration from perspiration. According to SGMA International's recent analysis of the Superstudy® of Sports Participation (conducted by American Sports Data), millions of American women are focused on fitness – at home
VF and Vans Get Early Termination in Antitrust Waiting Period
VF Corporation and Vans, Inc. announced that they have received notification of the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the previously announced merger of Vans into a wholl
Bill Birch Leaves Five Ten
Five Ten announced that Bill Birch, the company’s long time sales agent for the UK, will leave the company to pursue other interests and to spend more time with his family. Five Ten recognizes Bill’s outstanding job over the last ten years in helping to b
U.S. Sporting Goods Retail Starts Year with a Strong Sales Gains…
A number of U.S. sporting goods retailers reported fiscal first quarter results last week, showing as a group a 22.9% increase in sales for the period. (see chart on page 5) The four retailers join Big 5 Sporting Goods, which already reported Q1 results,
Rawlings Adds Zumbach as VP Marketing
Rawlings Sporting Goods Company Inc. and Worth Sports, both divisions of K2 Inc., have hired David Zumbach as Vice President of Marketing. Zumbach has nearly twenty years of experience in the sporting goods industry with companies such as Nike, Reebok an
VF Corp. Makes Moves to Push Outdoor Coalition Business Forward…
Mike Egeck, currently President of The North Face, has been named President of Outdoor – North America for VF Corporation. Egeck will continue to have responsibility for The North Face brand and will add responsibility for the JanSport and Eastpak brands
Outdoor Retail Looks Healthy Again…
Montrail is reporting a solid first quarter, with sales increasing 33%, the best quarter the company has seen since its inception in 1993. The performance was attributed to strong sell-through, the renewed European expansion and new products – especially
Galyan’s Continues Turnaround Work…
Galyan’s Trading Company was the lone comp sales decliner so far in our review of sporting goods retail results, but the 1.4% decrease slowed a bit from recent quarterly results, coming on top of a 6.3% comp sales decrease in Q1 last year. The comp sales
NRF: More Than Half of Consumers Affected by Higher Gas Prices
Just as the retail landscape started to stabilize, rising prices at the pump are shifting consumers’ spending habits once again. Although nearly half of consumers (43.2%) do not believe gas prices will have a major impact on their spending, others are cho
Ross Stores first Quarter Sales Jump 13%
Ross Stores reported earnings per share for the 13 weeks ended May 1, 2004 of $.32, compared to $.32 for the 13 weeks ended May 3, 2003. Net earnings in the first quarter of 2004 were $48.5 million, compared to $49.3 million in the prior year period. Sale
Huffy Delays Q1 Earnings Release Again
Huffy has retained a third party to provide an independent review of the valuation of certain intangible assets. Although the Company has received a preliminary report, given the significant reduction in valuation, the Company has elected not to release i
American Skiing Co. Restructures Real Estate Debt
American Skiing Company has completed its real estate debt restructuring. The Company's real estate development subsidiary, American Skiing Company Resort Properties, Inc., finalized the restructuring of its $73 million Real Estate Term Facility led