The Finish Line expects to see the promotional landscape in the mall continue as they enter the Back-to-School period, but is also looking for some upside with the amount of athletic specialty retail real estate that has been taken out of the market and a
Tag: Supplier
Shine Latest to Get Lighter Sentencing in JFF Case…
Tom Shine, the former president of Logo Athletic and currently SVP of Sports and Entertainment Marketing worldwide for Reebok International Ltd., was sentenced on Thursday in the ongoing fraud probe surrounding the collapse of Just for Feet…
Momentum Builds on OIA Political Moves
The OIA voiced its support for the Americans Outdoors Act that will be introduced to lawmakers this week. The act is designed to get more Americans outdoors and promote a healthy lifestyle by providing more opportunities to recreate. The Americans Outdoor
Nike Hits $12 Billion Mark in Fiscal 2004; Futures Up 10.7%
NIKE, Inc. reported revenues for the fiscal fourth quarter ended May 31 increased 17% to $3.5 billion, versus $3.0 billion for the same period last year. Seven percentage points of this growth were the result of changes in currency exchange rates. Fourth
Salomon Moves Snowboard Marketing Team to Oregon
Salomon Snowboards has re-located their International Snowboard Sports Marketing management to Salomon’s North American office in Portland, OR. Previously managed from Salomon’s Headquarters in Annecy, France, the move strengthens Salomon North America’s
Magic Johnson to Put Name on Product Again
Earvin “Magic Johnson” has reportedly partnered with BASH Sports, LLC in Irvine, CA to launch a new line of basketball footwear and apparel bearing the name Magic32. Johnson's signature line, which is expected to start delivery for Holiday '04
Shanley and Team Leave Wells Fargo for SIG
John J. Shanley is leaving Wells Fargo Securities to join Susquehanna International Group, LLP. SIG said Shanley will join its sell-side research team, covering athletic footwear and apparel. Mr. Shanley brings more than twenty years of experience in the
Collegiate Pacific to Acquire Dixie Sporting Goods
Collegiate Pacific Inc. has executed a letter of intent to acquire Dixie Sporting Goods – the Nation's largest independent team sports distributor. Kesslers Team Sports – formerly the nation's largest independent team sports distributor – was a
Russell Acquires AAI in $13mm Deal…
Russell Corporation has inked a deal to acquire the assets of American Athletic, Inc. for $13 million. The move is seen as a nice fit with RML’s recently-acquired Spalding business and offers a complementary hardlines component to the inflatables business
Oxbow to Float Shares to Combat Quik…
TheDeal.com is reporting that French surfwear company Oxbox SA is expected to float an IPO to raise funds to help it combat Quiksilver’s rapid growth in Europe. The company is reportedly expected to raise €12 million to €15 million in the offering. The f
Yue Yuen Sees Margins Tighten in Q2; Athletic Continues to Shrink…
Yue Yuen continued to diversify and reduce its dependence on the U.S. athletic footwear market. The first half of fiscal 2004 proved to be solid for the Hong Kong based manufacturer, with total company sales increasing 1.3% to $1.26 billion from $1.24 bil
Reebok Looking to Pump Again as Holy Grail; Could Use Presence at Retail….
During Reebok Investor Day on June 17th, Reebok management revealed many new initiatives and products slated for debut over the next few months. Jay Margolis, President and COO began the festivities by noting that 2004 is “about the quality of the brand,
Vail Posts Record Quarter; Destination Skiers Increase…
Vail Resorts chairman & CEO, Adam Aron was so pleased with his company’s Q3 results that he could hardly contain his excitement during a conference call with analysts. The resort set a new record for Mountain revenue during the quarter in spite of warm we
Booth Creek Struggles, but Stays Strong
Booth Creek Ski Holdings managed to keep its head above water this quarter, in spite of what was described as “very volatile and frustrating weather conditions for the better part of the ski season,” in New Hampshire, and “the balmiest March in 70 years,
Yue Yuen Sees Margins Tighten in Q2; Athletic Continues to Shrink…
Yue Yuen continued to diversify and reduce its dependence on the U.S. athletic footwear market. The first half of fiscal 2004 proved to be solid for the Hong Kong based manufacturer, with total company sales increasing 1.3% to $1.26 billion from $1.24 bil