SGB Update Footwear

NRF Ups Holiday Sales Forecast

The National Retail Federation (NRF) announced that it has revised its holiday sales forecast as a result of a recent flurry of healthy economic indicators including strong October retail sales and falling gasoline prices. NRF now expects total holiday r

VauDe Reports Double Digit Sales Gains

VAUDE is looking at double digit Pre season order increases for the Summer 2006 season for both the German and the international market. The company reported the strongest gains in the clothing and backpack product lines, though positive pre-order figures

Johnson Promoted to CFO at Johnson Outdoors

Johnson Outdoors Inc. promoted David W. Johnson to the position of Vice President – Chief Financial Officer. Mr. Johnson has served as interim chief financial officer since August 2005 during which time the Company conducted an extensive executive search

Volcom Adds Recco to Snowboard Apparel Line

Volcom has integrated RECCO reflectors into their snowboarding apparel this winter season. For the '05-'06 season, RECCO reflectors will be integrated into the Omega line, as well as incorporated into select Nimbus and Thermonite group pieces. I

Hibbett SG Sees a Nice Lift from Hurricane Katrina…

While the balance of the sporting goods channel is working their way back to profitability after a tough Q2, Hibbett Sporting Goods just kept the momentum going, even indicating a sharp uptick in business from the impact of Hurricane Katrina. While the r

Hurricanes Hit Gander Mountain’s Bottom Line…

While the full-line sporting goods chains are reporting solid quarters, the Hunt/Fish retailers were impacted by the heavy hurricane season during the third quarter of 2005. At the end of October, Cabela’s reported slower sales due to “the CNN effect” fo

Under Armour Posts Biggest U.S. IPO Debut in Five Years…

Under Armour hit the public markets running last week, closing up nearly 95% in its first day on the Nasdaq exchange. UARM shares, which were initially priced at $7.50 to $9.50 per share and then raised to a range of $10 to $12 early last week, opened at

Coleman Rolls Out New Sales Structure…

The Coleman Company is launching initiatives to strengthen its mass store sales organization, while refocusing the sales force mandate to better support its enhanced specialty store sales initiatives. Under the new structure, the mass retail effort will b

Foot Locker Still Sees Europe Drain; U.S. Pleases…

Foot Locker, Inc. looked to strong growth in the Champs and Footaction businesses in the U.S. and hints of a turnaround in the Europe business as positive long-term indicators for the company. But a decline in gross margins attributed to a promotional st

ICON Picks Up Jury Award Over Bowflex Claims…

A jury found in favor of ICON Health and Fitness in a court battle against Nautilus that has been on-going since August 2002. The unanimous verdict finds that Nautilus engaged in false advertising when it made three separate statements regarding its Bowfl

New Stores, Comp Gains Help Golfsmith Q3 Sales…

Golfsmith International saw the addition of six new stores and a weak Q3 last year, combine to create a 15.7% jump in sales revenues for the third quarter of 2005. These revenue gains trickled down to more than double the company’s net income, though off

House Passes Budget; ANWR Saved but Other Lands Threatened

The U.S. House of Representatives passed a budget reconciliation bill by a vote of 217 to 215. Fourteen Republicans joined all voting Democrats and one Independent in opposing the bill. While the budget preserves the Arctic National Wildlife Refuge, it al

Podium Distribution Establishes Asian Subsidiary

Podium Distribution, designer, marketing and distributing arm of DVS Shoe Company, Matix Clothing, and Lakai Limited Footwear, announced its most recently established subsidiary office located in Guangzhou, China, to be named Podium Asia. This new subsidi