SGB Update Footwear
The Walking Company Reports Sluggish Second Quarter
The Walking Company Holdings, Inc. reported consolidated net sales increased 0.3% for the second quarter to $56.0 million from $55.9 million last year. Consolidated comparable store sales decreased 1.2% for the second quarter 2008 with The Walking Company
Dorel’s Q2 Bike Sales Grow
Dorel Industries’ Recreation/Leisure segment, which owns the Pacific Cycle business and recently acquired the Cannondale and SUGOI brands, reported that sales jumped 60% to $191.7 million for the second quarter…
Implus/Granger Join Forces
Implus Footcare, LLC is the new distributor for Grangers aftercare products for the United States and Canada.
“For us, the agreement broadens our footprint beyond the below-the-ankle category and enters us at the appropriate level in the apparel aftercar
Fox Factory Operating Income Up 88% in Q2
Operating income rose 88% at Fox Factory in the second quarter, according to financial data released by its new parent company, Compass Holdings Group, Inc. Fox had operating income of $3.2 million on net sales of $34.4 million for the three months ended
Timberland, Jarden Execs Elected to OIA Board
Scott Sible, president of Merrell/Patagonia Footwear, and Sam Solomon, president and CEO of The Coleman Company were elected to the Outdoor Industry Assocition Board of Directors last week. They join returning elected board members Peter Metcalf, CEO of B
Steve and Barry’s Finds Opening Bidder for Assets
Steve & Barry's LLC, , which filed for bankruptcy in early July, agreed to be acquired by turnaround specialist Bay Harbour Management LC for $163 million. Bay Harbour plans to operate the chain store as a going concern, so long as a deal on renegoti
PacSun, Zumiez Report Weakening Q2 Comps
Pacific Sunwear of California, Inc. reported July net sales decreased 3% at its PacSun stores to $99.1 million from $102.4 million last year, while comps declined 4%. Geographically, comps were strongest in Texas, the Midwest and New England, but were wea
SGMA Gauges Interest in Swimming, Basketball
In light of the 2008 Beijing Games, the Sporting Goods Manufacturers Association (SGMA) has conducted and released studies gauging American interest of and participation in two of the country’s most popular activities-swimming and basketball. According to
Amer Sports Struggles with North American Market
Although apparel and especially footwear performed well, weakness in most other categories and particularly in North America led to a widened loss for Amer Sports in the second quarter. Citing the tough economic climate and lower-than-expected level of pr
Gander Mtn. Welcomes Back Catalogs/E-Commerce
Gander Mountain, which was previously prevented by Cabelas from operating a website or employing direct marketing operations, has launched its first e-commerce site and announced a catalog to be mailed in coming weeks…
Hybrids, Drivers Drive Q2 Growth for Adams
Adams Golf reported a 9% increase in net sales for the second quarter, largely due to a low to mid double-digit increase in driver and hybrid sales and a low-single-digit increase in sales of irons…
ITC Reaffirms Ruling Against Crocs
Crocs fell short yet again in its ongoing struggle to prevent other companies from importing footwear similar to its own foam designs. In another noteworthy setback for the firm, the U.S. International Trade Commission has reaffirmed an April ruling verif
Heelys Sales Continue to Plunge in Q2
Heely’s, Inc. 2008 sales continued their downfall for the second fiscal quarter as net sales plummeted more than 400% as compared to the same period last year. Gross margins, down 12% from the second quarter of 2007, were significantly impacted by “aggres
Softgoods Drive Mid-Teens Q1 Sales Growth for ASICS
ASICS Corp. reported that net sales increased 14.9% to ¥65.32 billion ($625.8 mm) for the first quarter ended June 30, up from ¥56.84 billion ($471.2 mm) a year earlier. Net income jumped 22.6% to ¥7.57 billion ($72.6 mm) from ¥6.18 billion ($51.2 mm) las
SGMA Gauges Interest in Swimming, Basketball
In light of the 2008 Beijing Games, the Sporting Goods Manufacturers Association (SGMA) has conducted and released studies gauging American interest of and participation in two of the country’s most popular activities-swimming and basketball…
