SGB Update Apparel

Ashworth Sees Domestic Woes Plague Q1 Results…

Growth overseas was not enough to offset decreases in the U.S. for Ashworth during the company’s fiscal first quarter. The overall sales decline, paired with increased expenses as well as decreased gross margins related to the “underutilization of the Emb

Famous Footwear Profits Soar 49.2% in Q4.

Brown Shoe Co. reported fourth-quarter operating profit at the Famous Footwear chain jumped 49.2% to $22.5 million. Revenues grew 13% to $320.9 million on a 2.9% comp gain. Famous Footwear’s bottom line was helped by an increase in regular-priced sales a

Fleet Feet Boasts 17.5% Comp Gain in 2006

Fleet Feet recorded 19.9% growth in sales in 2006 surpassing $63 million in revenue compared to $52 million in 2005. Comp-store sales were up 17.5% on top of the 16.1% increase posted in 2005. The franchisor expects to add 7 more franchisees this year…

K2, Inc. Grabs Snow Sports Market Share in Fourth Quarter…

K2 Inc. appears to be the only publicly reporting snow sports company to see any up-side in the 2006-07 winter season. The company reported solid top-line and bottom line growth during the fourth quarter with these results primarily driven by winter sport

Payless to Acquire Collective

Payless ShoeSource inked a deal to acquire Collective International, a licensing platform that manages the Airwalk, Vision Street Wear, Lamar, Sims, LTD, genetic, Dukes, Rage, Ultra-Wheels and Skate Attack brands. When the deal closes, Collective will bec

K2 Grabs Snow Sports Market Share in Q4…

K2 Inc. appears to be the only publicly reporting Snow Sports company to see any up-side in the 2006-07 winter season. The company reported solid top-line and bottom line growth during the fourth quarter with these results primarily driven by winter sport

Heely’s Rolls Through First Quarter in Public Eye…

Heely's, Inc. ended its first quarter as a public company at the same time as it ended its first fiscal year, all the while reporting triple-digit growth for sales and earnings for both periods. Sales grew both within the U.S. and without, with domes

Franklin Sports Underwrites SGMA Show Fees

Access to SGMA Spring Market is extended free of charge to all attendees registering through March 31, thanks to Franklin Sports, which is underwriting this month’s attendee registration fees – a savings of $50 per attendee…

Golf Town Sees 15% Annual Sales Increase

A strong fourth quarter led to a strong fiscal year for Canadian golf-specialty retailer Golf Town. For the fourth quarter, which ended December 31, 2006, net sales increased 16.4% to CA$37.7 million ($33.1 mm) from CA$32.4 million ($27.6 mm) on a 4.0% co

Life Fitness Inks iPod Deal

Life Fitness, a division of Brunswick Corporation, said it plans to offer seamless integration with Apple Inc.’s iPod players in several of its upcoming products…

Big 5 Announces Promotions

Big 5 Sporting Goods Corp named Richard A. Johnson as Executive Vice President and Shane O. Starr as Senior Vice President, Operations…

New Era Collaborates with Spike Lee on MLB Cap ads

New Era Cap Co., the official on-field cap of Major League Baseball (MLB), hired Spike DDB, the advertising agency founded by film director Spike Lee and DDB Worldwide, to produce and direct its latest television commercials, in support of the launch of i

OIA Sets Agenda for Capitol Summit 2007

Every year, Outdoor Industry Association members gather in Washington D.C. to visit with their Representatives and Senators and lobby for issues that are important to the Outdoor Industry. OIA has held events similar to this for over a decade, but each ye

Malden Converts BK to Chap 7

In the on-going saga of Malden Mills’ most recent bankruptcy, the company has filed for chapter 7 in an effort to dismantle the former entity known as Malden Mills and to start the business anew under the name Polartec, LLC. The attorneys for Malden filed

Cabela’s Incorporated Prices Secondary Offering

Cabela's Inc. announced the pricing of an underwritten public offering of 4,736,868 shares of its common stock, all being offered by stockholders affiliated with J.P. Morgan Partners, LLC and Fulcrum Growth Partners…