SGB Update Footwear
Callaway Golf Shares Fall on Q1 Earnings Guidance…
Callaway Golf Company shares fell 11.2% last week to close at $15.15 on Friday after the company issued revised first quarter sales and earnings guidance that fell short of Wall Street expectations. ELY is estimating that first quarter earnings per share
Friends of the Outdoor Industry Award Recipients Named…
The Friends of the Outdoor Industry Award is presented to a Member of Congress in recognition for their legislative leadership around outdoor recreation. This year, awards will be presented to Senator Conrad Burns (R-TN), Senator Susan Collins (R-ME), Sen
Summus Works Acquires Lisker of France USA
Summus Works, Inc., formerly known as Prime Rate Investors, has signed a letter of intent to acquire the U.S. distributor of Lisker clothing. Lisker is based in Grenoble, France, where it manufactures technical ski and snowboard wear and accessories. Lisk
Shimano Misses Sales Targets; Income Falls 15%…
Shimano, Inc. saw sales and margins slip in 2005 as operational problems plagued its bicycle components division causing the company to miss delivery on several of its higher end products. Spurred by higher demand for high end road-bikes, manufacturers ra
Mongoose Launches in China; Inks Deal with National BMX Team
Mongoose is coming to China, and will announce plans for the official brand launch at a press conference at the 2006 Shanghai Bike Show. Among the announcements at the press conference, Mongoose executives will reveal that it inked a deal to become the of
Trademark Case Against Converse Reinstated
The Fifth Circuit Court of Appeals panel agreed to reinstate a trademark infringement and trademark dilution lawsuit filed by Alpha Kappa Alpha and Delta Sigma Theta Sororities and Alpha Phi Alpha, Kappa Alpha Psi, Omega Psi Phi, and Phi Beta Sigma Frater
Outside Magazine Names Gear of the Year Winners
After months of rigorous field-testing, Outside announced the 2006 winners of the magazine's Gear of the Year awards. The 15 winning products—from mountain bikes, surfboards, and kayaks to digital cameras, GPS units, and sunglasses—represent the very
Antigua Sales Increase 5.1% for 2005
Antigua Enterprises Inc. saw net sales for the full fiscal year increase 5.1% to $45.9 million from $43.7 million the year before. Net income, however, slipped 11.5% to $2.1 million from $2.4 million one year ago. Diluted earnings per share reflected th
Easton-Bell Names Palma as CEO
Anthony Palma has officially assumed the position of CEO of Easton-Bell Sports, Inc. and Mark Tripp has assumed the position of CFO. William Fry, the company’s existing president and CEO, will remain the company’s president and will assume the new title o
Escalade Sports Sales Jump 42% in Q1
Escalade, Incorporated saw first quarter net sales of $32.8 million, a 10% increase compared to the year ago quarter. Net income rose 18% to $1.4 million or 11 cents per share versus 9 cents in the year ago quarter. Net sales at Escalade Sports increased
Mammut Promotes Cunningham to U.S. National Sales Manager
Mammut Sports Group USA promoted Jeff Cunningham to National Sales Manager for the Mammut, Raichle, and Ajungilak brands. Cunningham will be stepping away from his role as Marketing Director, and will transition to his new role leading the sales force fo
NSGA: South Atlantic Sporting Goods Sales Up 26%
In the South Atlantic states – DE, MD, DC, VA, WV, NC, SC, GA, FL – overall sporting goods store sales grew 26.4% from the 1997 Census versus total U.S. growth of 23.5%. Sales for 2002 in the South Atlantic states reached $3.94 billion. Of that amount, $2
Jackson Hole Receives ISO 14001 Environmental Certification
Following the implementation and adoption of an environmental management system and a recent external audit by KPMG Performance Registrar Inc., Jackson Hole Mountain Resort achieved ISO 14001 registration. As one of the smallest companies and only the sec
Kellwood Completes New Credit Facility
Kellwood Company completed a $400 million five-year Asset Based Lending credit facility. This new facility, along with $433 million of cash and cash equivalents as of January 31, provide ample liquidity and financial flexibility to meet the operating, str
Barea Retires from Russell Corp.
Russell Corporation senior vice president and CEO of the Activewear division, Julio A. Barea will retire effective May 15, 2006. Tony Iannuzzi has been promoted to general manager of Artwear/Careerwear and Al Lopez has been promoted to general manager for
