SGB Update Apparel
K2 and Marmot Complete Apparel Consolidation in Santa Rosa, Calif.
All sales, marketing and product development operations of the K2 Snow apparel brand have fully transitioned from K2 Sports in Vashon, Wash., to operate under Marmot in Santa Rosa, Calif. K2 Inc., parent company of K2 Sports, acquired Marmot in 2004 to es
NRF Ups Holiday Sales Forecast
The National Retail Federation (NRF) announced that it has revised its holiday sales forecast as a result of a recent flurry of healthy economic indicators including strong October retail sales and falling gasoline prices. NRF now expects total holiday r
Johnson Promoted to CFO at Johnson Outdoors
Johnson Outdoors Inc. promoted David W. Johnson to the position of Vice President – Chief Financial Officer. Mr. Johnson has served as interim chief financial officer since August 2005 during which time the Company conducted an extensive executive search
Volcom Adds Recco to Snowboard Apparel Line
Volcom has integrated RECCO reflectors into their snowboarding apparel this winter season. For the '05-'06 season, RECCO reflectors will be integrated into the Omega line, as well as incorporated into select Nimbus and Thermonite group pieces. I
Dick’s SG Finds the Right Formula for the Galyan’s Doors and Outdoor Business…
Dick's Sporting Goods reported its second full quarter since it completed the conversion of the acquired Galyan’s stores to the Dick's Sporting Goods format, and the first since it moved to support those stores with the marketing spend generally
Hurricanes Hit Gander Mountain’s Bottom Line…
While the full-line sporting goods chains are reporting solid quarters, the Hunt/Fish retailers were impacted by the heavy hurricane season during the third quarter of 2005. At the end of October, Cabela’s reported slower sales due to “the CNN effect” fo
Coleman Rolls Out New Sales Structure…
The Coleman Company is launching initiatives to strengthen its mass store sales organization, while refocusing the sales force mandate to better support its enhanced specialty store sales initiatives. Under the new structure, the mass retail effort will b
Foot Locker Still Sees Europe Drain; U.S. Pleases…
Foot Locker, Inc. looked to strong growth in the Champs and Footaction businesses in the U.S. and hints of a turnaround in the Europe business as positive long-term indicators for the company. But a decline in gross margins attributed to a promotional st
Riddell Bell Sees Strong Q3; Builds War Chest to Build Portfolio…
Riddell Bell Holdings relied on acquisitions to fuel the majority of its fiscal third quarter growth, but also managed to drive strong organic growth in both of its divisions. While reported sales more than doubled during the quarter because of these acqu
Collegiate Pacific Sees Acquisitions, Organic Growth More Than Double Q3 Sales…
Collegiate Pacific Inc. reported its results for the first fiscal quarter of 2006 ended September 30, 2005 with sales increasing 124.7% to $65.3 million from $27.7 million during the same period last year. The huge gain comes largely on the heels of the
New Stores, Comp Gains Help Golfsmith Q3 Sales…
Golfsmith International saw the addition of six new stores and a weak Q3 last year, combine to create a 15.7% jump in sales revenues for the third quarter of 2005. These revenue gains trickled down to more than double the company’s net income, though off
Patagonia Lands Deal with MEC
Patagonia inked a deal with Mountain Equipment Co-op that will make Patagonia the largest apparel supplier to the Canadian retailer by fall 2006. The two companies have been in discussions for years, but before now, Patagonia was not featured in MEC store
House Passes Budget; ANWR Saved but Other Lands Threatened
The U.S. House of Representatives passed a budget reconciliation bill by a vote of 217 to 215. Fourteen Republicans joined all voting Democrats and one Independent in opposing the bill. While the budget preserves the Arctic National Wildlife Refuge, it al
Podium Distribution Establishes Asian Subsidiary
Podium Distribution, designer, marketing and distributing arm of DVS Shoe Company, Matix Clothing, and Lakai Limited Footwear, announced its most recently established subsidiary office located in Guangzhou, China, to be named Podium Asia. This new subsidi
FESI Battles Footwear Anti-Dumping Measures in EU
The Federation of the European Sporting Goods Industry met with European Trade Commissioner Peter Mandelson to discuss the European Commission’s investigation into allegations of dumping by China and Vietnam of footwear with leather uppers and explained t