SGB Update Footwear
ADA’s Fall Show Hosts Growing Group…
A short conversation with Pete Schneider, president of Athletic Dealers of America, Inc. at the ADA Fall Session in Kansas City last weekend showed the enthusiasm driving the rejuvenation of this buying group. Pete talked with sincere honesty about buildi
Acushnet Business Sees 7% Q3 Sales Growth…
Acushnet Golf, the golf division of Fortune Brands, Inc. that houses the Footjoy, Cobra, and Titleist brands, saw modest sales growth in the third quarter new product introduction in the year-ago quarter, especially in clubs, slowed things down. ..
PacSun Explores Options with demo; Will Close Steps…
Pacific Sunwear of California looks to be focusing its effort on its PacSun concept after announcing plans last week to close the new One Thousand Steps 9-store concept, while exploring “strategic alternatives” for its demo urban chain. The two chains col
Amer Sports Boosts Q3 Bottom Line…
Amer Sports continued its struggle with a weak winter sports market and an SAP implementation that caused slower sales at Wilson, but was able to make some positive progress in restructuring to improve profits. Additionally, strong results from apparel, f
Columbia Sportswear Sees Tough 2008; Q4 Forecast Falls Short of Estimates…
Columbia Sportswear saw a slight up-tick in its top-line during the third quarter fueled by sales of Columbia brand sportswear, and Mountain Hardwear, which was partially offset by considerable declines at Montrail, Pacific Trail and at the company’s Euro
InSport Lands $14 Million Marine Contract…
InSport was awarded a $14 million contract to make running suits for the Marine Corps. Insport will be outfitting every Marine with this new addition to the sea bag in early 2008. Marine Corps officials estimate that 125,000 running suits will be produced
West Marine Cuts FY Guidance
West Marine Q3 income catapulted 81% to $5.3 million, or 24 cents per share, but the boating retailer slashed its 2007 guidance due to lower boat usage and boating market softness. Earnings guidance has been revised to a range of 14 cents to 18 cents per
Female Snowboarder/Ski Website Launched
Ski Chick LLC has launched a site for female snowboarders and skiers. In addition to accessories and clothing, www.skichick.com features snowboarding and skiing news for women and girls, with a free current events calendar on women and girls-only clinics
Nautilus, Inc. Adopts Shareholder Rights Plan
Nautilus Inc. said its board adopted a shareholder rights plan, a provision that would make hostile takeovers difficult. An acquisition of 20 percent or more of its outstanding shares without the board's approval would trigger the rights plan. The s
DSW Expects Mid-Singles Q3 Comps Decline; Lowers ’07 Guidance
DSW Inc. expects comparable store sales for the third quarter to decline in the mid-single-digits, based on the quarter-to-date. As a result, annual comparable store sales are now expected to range from flat to down 2% for fiscal 2007, below the company&#
Cybex Posts 9% Q3 Sales Growth, Tax Accounting Boosts Bottom Line
Cybex International, Inc. saw a 9% increase in third quarter net sales to $32.6 million from $29.9 million for the same period last year. The company attributed the sales increase to “strong sales” of cardio products and continued growth in the commercial
Fortune Brands Q3 Earnings Climb on Lower Sales
Fortune Brands third quarter earnings were $1.33 per diluted share, an increase of 36%. Net income comparisons benefited from lower charges from one-time items in the current-year period. Excluding one-time items in both the current and prior-year periods
Gregory Launches New Canadian Sales Program
To bolster its presence in the Canadian market, Gregory Packs has established a formal Canadian sales program and partnered with CDEC in Cowansville, Quebec, a distributor for other outdoor product manufacturers, to distribute its products in Canada…
Amer Sports Q3 Sales Decline on Slow Winter Pre-Season
In the July-September third quarter, Amer Sports' net sales decreased 2% to €462.8 million ($636.1 mm) compared to €471.9 million ($604.2 mm) last year. In local currencies, sales were on par with the previous year. Salomon's sales in local curr
Hi-Tec CEO Takes Over as President of EU Operations
After joining global sports and outdoor brand HI-TEC in 2002, CEO Martin Binnendijk’s prime objectives were to make the company a more consistent, brand focused operation. Now, 5 years on, the company has transformed and both the Hi-Tec and Magnum brand a
