SGB Update Footwear

A Young Life Cut Short

SportsOneSource mourns the loss of a family member. Ben Powell, son of Matt Powell, a long-time sporting goods industry analyst and a founding partner of this newsletter, succumbed to injuries suffered in an automobile accident in Murdo, S.D. He was 21

Deckers Sees All Three Brands Contribute in 2006 Fourth Quarter…

With just over one year as CEO of Deckers, Angel Martinez has managed to turn the company from a holding company with only true one growth brand into a multi-brand platform that is driving double-digit growth in all segments. At the same time, the compan

Nike Launches Tailwind Project at Payless…

Nike Inc. brought out its big guns last week to help launch a new line of women’s performance footwear and accessories brand that will be exclusive to Payless ShoeSource. Soccer stars Brandi Chastain and Hope Solo and world-renowned volleyball player Log

Accell Group Benefits From U.S. Expansion in 2006

The Accell Group reported that 2007 fiscal year sales increased 16% to €431.7 million ($559.9 mm) compared to €372.1 million ($463.4mm) last year. Organic growth for the full year came in at 9%. The acquisitions of Seattle Bike Supply and Webena Sport, ad

Spy Optics and Oakley Come to $1 Legal Settlement…

Nearly one year after the legal sparring match between Orange 21 and Oakley began, the two companies have come to a resolution regarding Orange 21’s Spy Optic brand and the now defunct e Eyewear brand. In late February, the two companies entered into a Se

REI Sees Double Digit Sales and Income Increases in 2006

REI finished 2006 with strong top-line increases and income out-pacing sales gains. Adding to the company’s 9.5% comp-sales increase for the year, REI opened seven new stores — Santa Monica, Calif., Mountain View, Calif., Chula Vista, Calif., Maple Grove

Sunny’s Great Outdoors To Liquidate…

Sunny’s Great Outdoors filed for bankruptcy in early February and is closing the majority of its doors, according to court documents. The Elkridge-MD-based retailer operates 15 stores around the Mid-Atlantic region and employs 150 full-time and part-time

Blacks Leisure to Close 45 Stores in U.K…

Blacks Leisure will close about 45 unprofitable stores over the next two years. The company made the announcement shortly after it revealed sales will be flat for the 2006 year, which ended at the beginning of February. The retailer said these closures re

Earth Products Names VP of Marketing

Earth Products has promoted Jeff Taylor to the position of vice president of marketing. Taylor’s duties will include leading the global marketing efforts for all Earth Products brands, as well as new business development and integration…

TYR Sport Extends Australian Licensee Deal

TYR Sport Inc. will continue its relationship with Australian licensee, Acier, for the next five years. In one of the largest competitive swimwear markets in the world, TYR, the company says, has developed into the second largest competitive swimwear bran

Adidas Launches Next Phase of Impossible is Nothing Campaign

Adidas launched the next phase of its Impossible is Nothing campaign. Under the new effort, more than 30 athletes tell their 'Impossible' stories using their own hand-drawn illustrations and paintings. The campaign will launch with a globally in

Accell Group Sales and Earnings Climb in 2006

The Accell Group reported that 2007 fiscal year sales increased 17% to €431.7 million ($559.9 mm). Organic growth for the full year came in at 9%. The acquisitions of Seattle Bike Supply and Webena Sport, added 7% to the top line. Earnings per share on th

Blacks Leisure to Close 45 Stores

Blacks Leisure, the United Kingdom outfitter, will close about 45 loss-making stores after it revealed sales will be flat for the year to February…