The Pittsburgh Business Times is reporting that Dick's Sporting Goods is testing a new golf specialty store format near its headquarters in Pittsburgh, Penn. The Times cited sources from the planning office in suburban Robinson Township where Dick’s
Tag: Supplier
Golf Galaxy Updates Fiscal 2007 Guidance…
Following its acquisition of The GolfWorks, Golf Galaxy, Inc. reviewed and adjusted its guidance for fiscal year ending March 3, 2007. The company expects net sales to be in the range of $305 million to $315 million with a comparable store sales increase
Spy Optic Switches Australian Distributors
Spy Optic, Inc. has signed a distribution agreement with the Marmalade Group PTY LTD. Under the terms of the agreement, Marmalade Group becomes the exclusive distributor of all Spy Optic products in Australia. Marmalade Group will replace Monza Imports, S
Columbia Wins Pacific Trail Auction with $20.4 Million Bid
Columbia Sportswear Company will acquire the Pacific Trail group of brands. The transaction is expected to close on March 30, 2006. The acquisition is the result of the March 29, 2006 auction in bankruptcy court of specified assets of Pacific Trail, Inc.
Stride Rite Q1 Sales Climb 22%; Acquisition Charge Keeps Earning Flat
The Stride Rite Corporation first quarter fiscal 2006 sales were $183.4 million, an increase of 22% compared to the same period in the prior year. Net income for the first quarter totaled $8.3 million or 22 cents per diluted share, compared to the net inc
SIA: Juniors SnowSports Sales Increase
As with all sports, the future of the snowsports industry lies in today’s youth embracing skiing and snowboarding. And, if this past season is any indicator, juniors are not only embracing snowsports, they are also accounting for a hefty chunk of purchas
G-III Inks Men’s Apparel Deal with Wal-Mart
G-III Apparel Group, Ltd. has expanded its relationship with Wal-Mart Stores, Inc. with a new young men's branded sportswear line, Exsto, which Wal-Mart recently acquired from G-III Apparel. The Exsto brand is aimed at price-conscious, male consumers
G.I. JOE’S On-Track to Surpass $235 Million in Sales
G.I. Joe’s enters its 55th year with ongoing double-digit sales increases projected to continue through 2007. Sales for 2006 are on track to pass $235 million. The company celebrates its 54th Anniversary on April 2, 2006. The Anniversary comes on the heel
Mossimo Doubles Q4 Revenues; Earnings Take a Dive
Mossimo, Inc. reported fourth quarter 2005 total net revenues increased to $6.5 million compared to $3.2 million for the same period last year. MOSS reported net earnings of $15,000 for Q4 compared to net earnings of $629,000 for the same period last year
Chicago Niketown Suit Gets Class Action Status
The U.S. District Court for the Northern District of Illinois–Eastern Division has issued a class certification ruling in the case of Smith et al v. Nike, allowing certain claims to proceed as class claims on behalf of employees at Nike’s Chicago store…
Quiksilver Signs Agreement with Inter Parfums
Inter Parfums, Inc. and Quiksilver, Inc. signed an exclusive worldwide license agreement for the creation, development and distribution of fragrance, suncare, skincare and related products under the Roxy and Quiksilver brands. The contract will expire aft
Dick’s Sporting Goods May Be Eyeing Golf Specialty Format
The Pittsburgh Business Times is reporting that Dick's Sporting Goods is testing a new golf specialty store format near its headquarters in Pittsburgh, Penn. The Times cited sources from the planning office in suburban Robinson Township where Dick’s
Callaway Extends Endorsement Deal with Campbell
Callaway Golf Company has re-signed European PGA Tour player Michael Campbell to a multi-year contract. Campbell, who captured his first major championship when he won the U.S. Open at Pinehurst last year and finished second on the European Tour Order of
Dynacraft Answers Questions on Quality Control
Dynacraft BSC Inc. addressed quality control issues raised during a recent lawsuit that was rejected by a jury as unsubstantiated. On February 9, 2006, a 12-member civil jury unanimously rejected claims that Dynacraft and Wal-Mart Stores Inc. sold bicycle
Phoenix Footwear Sees Acquisitions Help Offset Loss of Sales to Key Retailer…
Phoenix Footwear Group, Inc. saw acquisitions give a major boost to its top line results, but the end of sales to Dillard’s put a major crimp on several of the company’s brands and was the main culprit in a 3.9% organic sales decrease for the quarter and