SGB Update Footwear

Skechers Sees Early Win in Asics Suit; Asics Still Sees Merit

May 1, 2007

Skechers USA, Inc. reported it won a “major victory” in a trademark lawsuit filed against Skechers by Asics Corporation and Asics America Corporation. The U.S. District Court for the Central District of California denied Asics' motion for a prelimina

Sprinturf Has Patent Rejected

April 30, 2007

It looks as though the battle over fake field supremacy has fallen to FieldTurf after the company initiated a formal Reexamination Proceeding by alerting the Patent Office of a prior art patent that superceeded the patent possessed by Sprinturf. After a p

Golf Galaxy Launches Nationwide Amatuer Golf Tournament

April 30, 2007

Golf Galaxy Inc. launched the Golf Galaxy Golf Tour, the largest network of amateur golf tournaments in the U.S. with tournaments taking place in more than 60 cities in 2007. The tournament is being sponsored by Callaway Golf, PGA Tour Partners Club, and

AND 1 Plans Advertising Around Mix Tape Tour

April 30, 2007

AND 1 is planning a new advertising campaign entitled The United Streets of America to commemorate the return of the AND 1 Mix Tape Tour 2007 featuring a tournament between the world's best basketball playground players. The campaign from 72 & Sunny,

Payless Hires Sears Exec as VP, Corporate Strategy

April 30, 2007

Payless ShoeSource hired Paul Fenaroli to serve as division senior vice president of corporate strategy. He was most recently head of new store development at Sears. John Smith, who previously served as vice president, corporate strategy has been promoted

NGF: March Rounds Played Jump 11% Over Last Year

April 30, 2007

According to the National Golf Foundationa, rounds of golf played in the U.S. increased 11.3% on a same-store basis in March 2007 vs. March 2006. March’s better performance brought the first quarter figure to -4.0%. Regionally, the Northeast experienced a

K2 Inc. Sees Strong Q1 on Balanced Segments…

April 30, 2007

K2, Inc. saw strong single-digit sales increases during the first quarter of 2007 due to growth in sales within the Marine & Outdoor and Apparel & Footwear segments. Earnings were boosted during the quarter by stronger margins, particularly in team sports

New Lines Push Volcom to Double-Digit Q1 Gains…

April 30, 2007

Volcom, Inc. saw double-digit gains in nearly every metric for the first quarter, with the only blemishes coming from slightly increased SG&A expenses and flat sales of men’s product. Across the pond, the company’s European initiative is up and running w

Cybex Reports Strong Q1…

April 30, 2007

Cybex International, Inc. recorded a 20% jump in net sales for the first quarter to $34.7 million from $28.9 million for the same quarter last year.

Everlast’s Sporting Goods Sales Climb 30%…

April 30, 2007

Everlast’s revenues increased 24% to $12.4 million for the first quarter from $10 million last year. Sporting goods revenues climbed 30% to a record $9 million, the third consecutive quarter of more than 30% year-over-year sales growth…

Golfsmith to Meet Sales Guidance, to Miss Net Income…

April 30, 2007

Golfsmith International Holdings, Inc. expects to meet its guidance for net sales for the first quarter and to beat comparable store sales guidance. Unfortunately, the company does not expect to meet previous net income guidance of 20 cents to 22 cents pe

The Timberland Co. Acquires IPATH…

April 30, 2007

The Timberland Company acquired substantially all of the assets of IPATH, LLC through a new wholly-owned subsidiary, IPATH Footwear Inc. IPATH designs, develops and markets skateboard casual footwear, apparel and accessories and is known as the “greenest”