SGB Update Footwear
Jarden Reiterates Five-Year Growth Plan
Jarden Corporation, at an analyst meeting in New York City, reaffirmed its objective to achieve diluted earnings per share of $5.00 within five years. At the Analyst and Investor Day hosted by the parent of Coleman and K2 Sports, senior management provide
Oakley Athletes Earn 65 Medals in Vancouver
Oakley, Inc. announced that its sponsored athletes earned 65 medals in Vancouver's Winter Olympics. The final tally was 24 gold, 22 silver and 19 bronze…
New Sales VP to Take Gibbon Slacklines to the Masses
Gibbon Slacklines welcomed Emilio Torres as VP of sales. The former Croc's Inc. employee said he would bring slacklining to the masses Gibbon Slacklines welcomed Emilio Torres as VP of sales. Gibbon Slacklines distributes exclusively through Canaima
Adams Golf Widens 2009 Loss
Adams Golf reported sales fell 17% in 2009, to $76.1 million from $91.5 million a year ago. Adams Golf had a net loss of $12.2 million, or $1.82 per fully diluted share, for the year as compared to a net loss of $1.5 million, or 23 cents, a year ago…
SIMA Image Awards Ceremony to Move to Southern Cal. from Cabo
The Surf Industry Manufacturers Association (SIMA) announced that the next SIMA Image Awards ceremony will be held in southern California in early 2011. For the past seven years, the annual awards ceremony has been held on the final night of Surf Summit e
Heelys’ Q4 Revenue Sinks 26.9%
Heelys, Inc. reported fourth-quarter sales fell 26.9% to $11.4 million from $15.6 million a year ago. The company reported a net loss of $1.1 million, or 4 cents a share, versus a net loss of $5.2 million, or 19 cents, in the prior year…
Escalade Sees Fourth Quarter Slide
Escalade, Inc. earned $1.1 million, or 9 cents a share, in the fourth quarter ended Dec. 26, compared with a loss of $4.6 million in the prior-year period. Furthermore, revenues declined 11.8% to $29 million from $32.9 million in the year ago period. Citi
Lower Price Points Dominate Golf Apparel Market in December
In the December, 2009 edition of its Golf Apparel Market Reports, independent research firm, Golf Datatech, LLC, found that the $0-$49.99 price range made up the majority of sales for both men’s and women’s on- and off-course golf apparel…
Easton Sports Welcomes Chris Zimmerman
Easton-Bell Sports has appointed Chris Zimmerman as the president of Easton Sports, effective immediately. Reporting to Paul Harrington, President and CEO of Easton-Bell Sports, Zimmerman will take the reigns within the Easton Sports division…
Foot Locker Launches 5-Year Growth Plan, Looks to Increase Focus on Run and Apparel
Foot Locker Inc. announced a series to strategies to reach a goal of annual sales of $6 billion and net income margin of 5% over the next five years. At an analyst meeting, Ken C. Hicks, its new chairman and CEO, said the new strategy includes a increased
Stage Stores Q4 Profit Gains 10%
Stage Stores Inc. reported its fiscal fourth-quarter profit rose 10% to $27.9 million, or 72 cents, for the period ended Jan. 30, up from $25.3 million, or 67 cents per share, a year ago. Sales fell 5% to $431.7 million from $455.8 million…
Neiman Marcus Rebounds, Posts Profit
Neiman Marcus Group Inc. swung to a fiscal second-quarter profit after steep write-downs weighed on year-ago results. For the quarter ended Jan. 30, Neiman Marcus posted a profit of $4 million, compared with a year-earlier loss of $509.3 million. The year
SIA: Snow Market Flat In January
According to the SnowSports Industries America (SIA) Retail Audit Report, Snow Sports market sales reached $2.26 billion in January with a 0.4% gain in dollars sold compared with August through January last season. Significant declines in the West and Nor
San Jose Cycling Classic Expected to Draw 20,000
The San Jose Cycling Classic will be held May 15-20 throughout San Jose in conjunction with the upcoming Amgen Tour of California. The week of amatuer and professional cycling events is expected to attract 20,000 spectators, participants and cycling-relat
Paddlesports Group Backs Outdoor Nation Campaign
The Paddle Advisory Council that now receives about $30,000 annual stipend from the Outdoor Retailer trade show to promote paddlesports, will invest a portion of that money in Outdoor Nation, a campaign launched last year that will culminate this summer w
