SGB Update Footwear
Speedo Unveils LZR RACER
To celebrate its 80th anniversary, Speedo launched the new SPEEDO LZR RACER, which the company said independent tests has shown to be the world’s fastest swimsuit. A retail version of the suit will go on sale in May 2008…
Wolverine World Wide Hikes Dividend by 22.2%
Wolverine World Wide, Inc. declared a quarterly cash dividend increase of 22.2% to 11 cents a share. The dividend is payable on May 1, to stockholders of record on April 1, and represents a 44 cents per share annual dividend…
Converse Launches New Dr. J. Commercial
To celebrate 100 year anniversary, Converse will launch a television spot featuring one of its biggest former endorsers, Julius “Dr. J” Erving. The :15 second television spot features slow motion game footage of a famed Dr. J. dunk from the 1985-86 NBA s
prAna’s Opens Boulder Flagship Store
Only two weeks after the founders and management of prAna bought their company back from Liz Claiborne, prAna on October 13 opened its flagship store in a prime location on the Pearl Street mall in Boulder. The upper level will be dedicated to showcasing
Quiksilver Shuffles Management as Mariette Departs
Quiksilver, Inc. reported that Robert McKnight has resumed his role as president of Quiksilver, Inc. and remains both chairman of the board and CEO. Additionally, Bernard Mariette resigned from his position as president and as a director of the company in
Silverado Financial Acquires Water Skeeter Sports Innovations
Silverado Financial Inc. signed a formal letter of intent to purchase Water Skeeter Sports Innovations Inc. (“WSSI”) of Stockton, California. WSSI has established itself as a leader in personal pontoon craft and float tubes, and plans to expand its curren
Mizuno Sees Net Income Drop on Q3 Sales Gain…
Mizuno Corp. saw net sales increase 9.5% for the first nine-months of the year to ¥130.11 billion ($1.15 bn) from ¥118.81 billion ($1.01 bn) in the year-ago period. Gross margins declined 90 basis points to 41.6% of sales from 42.5% last year. Net income
Timberland Posts a Disappointing Year; Timeline for Turnaround Undefined…
The Timberland Company saw the fourth quarter of 2007 as the culmination of “a very challenging and disappointing year” for the company. Weak retail market conditions were cited as an issue that exacerbated fashion shifts away from the brand…
LaCrosse To Ship More Winter Boots to Marines…
LaCrosse Footwear, Inc.'s Danner subsidiary received a $900,000 delivery order as part of the Mountain Cold Weather Boot contract awarded by the United States Marine Corps (USMC) in 2006…
Cabela’s Identifies New Store Openings…
Following its lackluster fourth quarter sales report last week, Cabela's said that despite its plan to cut capital spending by 70%, it still plans to open stores in Scarborough, ME and Rapid City, SD, in 2008. Stores scheduled to open in 2009 include
Recall: Trek Girls Bikes…
Trek Bicycle Corp. is recalling approximately 49,000 girls bicycles, because the bike frames may break while in use. Trek has received 13 reports of frames breaking, including four minor injuries. The recalled product is the Trek MT220 girls bicycles mode
But West 49 Hurt by Weak Dollar…
West 49 Inc., an action sports retailer in Canada, reported that fourth quarter net sales increased 0.8% to CA$62.4 million ($63.1 mm) from CA$61.9 million ($53.8 mm) for the fourth quarter of fiscal 2007…
Snow Sports Apparel to See Colors Explode for Next Season…
The softgoods market at SIA.08 saw an explosion of color as the 80’s retro wave begins to likely reach its crest. Bits and pieces of flannel and grunge-reminiscent looks that popped into single pieces in lines suggest that vendors are already beginning to
New Era Launches ‘Spike Lee Joint’ Collection
New Era Cap Co., Inc. will be expanding its relationship with filmmaker and devoted New York sports fan Spike Lee with the launch of a new series of exclusive caps dubbed the “Spike Lee Joint” Collection. The new “Spike Lee Joint” series will feature one
CNBC to Broadcast Hour Long Documentary on Nike
CNBC will premiere, “Swoosh! Inside Nike,” on Tuesday, February 12th at 10PM & 1AM ET. The hour long documentary, reported by CNBC sports business reporter Darren Rovell promises to gives viewers “unprecedented access to a major public company.”…