SGB Update Footwear
SGMA: Congress to Re-Introduce PHIT Legislation
The Sporting Goods Manufacturers Association is pleased to report the U.S. Congress will reintroduce the PHIT – Physical Health Investment Today – Bill later this month. The goal of PHIT is to encourage more physical activity for all Americans by making
Gregory Expands Product Development Team
Gregory Mountain Products has grown its product development department with two new designers and appointed a design manager to oversee the team…
Miami Heat Named NBA Retailer of the Year
The NBA Champion Miami HEAT have been named the 2006 Team Retailer of the Year by the National Basketball Association for their successful merchandise sales during the 2005-2006 NBA season. The HEAT expanded their “Miami Hoops Gear” store to two additiona
Nikwax Relaunches Vendor Partner Program
Nikwax will relaunch its successful Vendor Partner
Program for 2007. The Nikwax Vendor Partner Program has been relaunched in order to provide more value to Partners, specifically with proactive PR support and marketing, quarterly co-promotional opportuni
SIA: SnowSports Sales Continue to Climb In Spite of Weather
Overall sales for both specialty and chain stores were up 4% in dollars to $729.9 million for the August through November period of 2006, compared to $698.6 million reported last year, according to the SIA Retail Audit. Unit sales were up 1%. For the Augu
Everlast Begins Trading on NASDAQ Global Market
Everlast Worldwide Inc. has received approval from the Nasdaq Stock Market to list its securities on the Nasdaq Global Market effective with the opening of business on January 16, 2007. The Company will continue to trade under the EVST trading symbol. The
SBI Sells Fila Business to Fila Korea
Fila Korea Ltd. and Sport Brands International Ltd. (SBI) have entered into a definitive agreement for the sale of the global Fila footwear and apparel business to Fila Korea for an undisclosed purchase price. Mr. Yoon-Soo (Gene) Yoon, the Chairman of Fil
Forzani Holiday Comps Impacted By Warm Eastern Weather…
The Forzani Group Ltd. Holiday Season corporate same store sales were up 0.5% as strong sales in Western Canada were offset by decreases in Eastern-based stores, which were impacted by unseasonably warm weather. In the franchise business, predominantly lo
Industry Public Companies Give Peek Under the Tent for 2007 at Investor Conferences…
The weather wasn’t what most from the east coast were hoping for, but the 9th Annual ICR XChange delivered on its promise once again as one of the best run investor conferences in the market. Held this year at the St. Regis Monarch Beach Resort in Dana P
Ashworth Sees Weak Q4 Slow Full Year Gains…
Ashworth, Inc. depended on its international business to bump up sales for the fiscal year and to keep the decrease for the quarter below the double-digit mark. The quarterly sales dip was exacerbated by margins decreases and expenses increases, widening
NSGA Report: Footwear ASP’s Rise 3.6% in 2006…
Preliminary data from “Sporting Goods Market in 2007,” a report published annually by the National Sporting Goods Association, indicates that the average price point for athletic footwear rose 3.4% in 2006. In 2006, the average price rose to $42.16 versu
Industry Companies on Fortune’s Best to Work for List…
Timberland, Nike, REI and W.L. Gore all landed spots on Fortune’s annual “Top 100 Companies to Work For” list. W.L. Gore, REI and Timberland have been included in the list every year since its inception in 1997 while Nike first appeared on the list last y
VF Corp. May be Moving Closer to Deal for Majestic…
VF Corp. is apparently inching closer to a deal to a acquire Majestic Athletic. While both parties have been mum about a deal since the story first surfaced in a Sports Business Journal article in December, a spokesperson for VF Corp. confirmed Friday tha
Aravon Hires New Asst. Product Developer
Aravon announces the addition of Sarah Smith as Assistant Product Developer. Smith comes to the brand with a background in Textiles, Fashion Merchandising and Design. As Assistant Product Developer, Smith will contribute to the development and design of
OIA Chooses Award Finalists
Outdoor Industry Association has chosen the finalists for the 2007 Outdoor Industry Ambassador Award and Outdoor Industry Innovator Award, as nominated by the outdoor industry and then selected by OIA’s Board of Directors. The award winners will be announ
