SGB Update Apparel
Nike Inc. Fiscal Q1 Profits Down on Tough Comps…
The conversation at Nike, Inc. was very different in the fiscal first quarter this year compared to the same period last year as the company saw gross margins decline, expenses increase, and net income decline for the period ended August 31. Still, the c
Collegiate Pacific Fiscal Year Results Hurt by Charges; Ramps Up Deal Machine Again…
Busy boys down at Collegiate Pacific Inc. last week. During the past week, the company announced a new partnership with Varsity Group Inc. to become their exclusive sporting goods supplier; entered another (and seemingly final) attempt to acquire 100% of
Forzani Sees Strong Back-to-School Season…
Following a strong second quarter report three weeks ago, The Forzani Group reported healthy sales and margins for the 2007 “Back to School” selling season. Retail system sales for the six-weeks from July 30 through Sept. 10, 2006 increased 7.0%, while s
Federal Judge Reinstates Roadless Rule…
Several U.S. state governments and environmental groups were successful in a direct legal challenge to the current administration’s repeal of the Roadless Rule. U.S. District Judge Elizabeth Laporte ruled that the Bush Administration did not conduct a sat
Execute Sports Inks European Distribution Deal for Academy…
Execute Sports, Inc. signed a strategic partnership with UDT Distribution Corporation. Under the agreement, UDT has the exclusive rights to sell and market the Academy Snowboard Company brand throughout Europe. In addition, UDT is required to meet minimu
Retailers are Back in the Driver’s Seat in Q2…
With the deal environment stagnating and integration efforts under full-swing at many Bicycle, Outdoor, and SnowSports industry vendors, profits during the second quarter of 2006 slowed considerably, while retailer profits swelled to record numbers. The s
Johnson Outdoors Named Official Vendor for ROI
Johnson Outdoors Watercraft Division, part of Johnson Outdoors Inc., will be joining the Retailers of the Outdoor Industry (ROI) buying group as an official vendor. ROI is composed of independent, entrepreneurial outdoor retailers.
As a member of ROI
Veltec Inks Development Partnership with Cole
Veltec Sports entereed into a Joint Development Partnership (JDP) with wheel manufacturer Cole USA.
The project will bring Cole's patented DSA (Dynamic Spoke Alignment) technology for road and MTB wheels to market in North America for the first time.
Black Diamond Raises $33K for UAC
Black Diamond’s 13th Annual fundraising party for the Utah Avalanche Center (UAC) hosted nearly 700 backcountry enthusiasts raised more than $33,000 for the UAC, which provides daily avalanche advisories and warnings, mountain weather forecasts and avalan
Global Sources’ Survey Shows Increasing Prices in China…
Global Sources, a global manufacturing research firm, has found that 70% of mainland China manufacturers plan to raise export prices in the next 12 months. This number, which comes from a survey of suppliers of various consumer products, including sports
ForeFront Adds Burton Golf to Stable of Brands…
ForeFront Holdings, formerly Datrek Miller International, has purchased Fort Walton, Fla.-based Burton Golf. Burton manufactures and markets golf bags and accessories with a focus on the “on course” distribution channel which services golf pro shops throu
Globe International Fiscal 2006 Sales Fall 3.5%
Globe International Limited total revenues slipped 3.5% to A$197.3 million ($147.6 mm) with EBITDA of A$6.2 million ($4.6 mm)for the fiscal year ended June 30, 2006. The turnaround experienced in the second half of the year resulted in an EBITDA of A$5 mi
Dunham Hires Epley as Marketing Manager
Dunham has hired Brian Eppley as Marketing Services Manager. Eppley comes to the brand with over nine years of sales and marketing experience along with a strong background in footwear and within the industry. As Marketing Services Manger, Eppley will be
Quiksilver Inc. Cuts Q4 Guidance on Weaker Golf Market; Action Sports Still Seen as Strong…
While many in the apparel industry are talking about a growing weakness in action sports lifestyle at retail, Quiksilver is seeing just the opposite. The company said that it just finished its strongest summer ever in terms of core retailers while chain,
BEWI Productions Re-Names Expos
BEWI Productions has renamed its popular SnowSports Expos for 2006. The winter sports extravaganzas will now be promoted as the Ski & Snowboard Expos…
