SGB Update Footwear
La Sportiva Aims for Zero Waste
La Sportiva teamed up with Boulder based Eco-Cycle to reach the goal of becoming a Zero Waste organization. The Zero Waste Service from Eco-Cycle includes a comprehensive three–part program that involves more than just recycling the copy paper. The three
Weather Pushes October Retail Up, but Wal-Mart Holds Market Back…
Colder weather in October helped keep retail sales in positive territory for the month as consumers hit the stores to pick up outerwear, performance apparel, and boots, a trend that did not help the results at the world’s largest retailer. Based on a sur
While Footwear Chains See Mixed Results in Q3…
Foot Locker, Inc. reported sales for the third quarter of $1.43 billion, up 1.6% from last year's $1.41 billion. Comparable store sales decreased 0.3%. Shoe Carnival, Inc. saw sales total $189.1 million for the third quarter, an increase of 3.5% ove
Sporting Goods Lead Sales Gains for Everlast Q3…
Everlast Worldwide Inc. fiscal third quarter net revenues increased 27% to $13.4 million, as compared to $10.6 million in the same period in 2005. Net licensing revenues for the third quarter of 2006 were $3.0 million, as compared to $2.8 million in the s
Crocs Posts Another Solid Quarter, but U.S. Growth Starts to Moderate…
Crocs, Inc. said it continued to see strong sell-through of their core products in the U.S. and international markets in the third quarter, but sales increases started to moderate a bit even as the company expanded its store count from the second quarter.
LaCrosse’s Q3 Improvements Pay Off
LaCrosse Footwear is working on improving its model and injecting technology into work and industrial products and the results are showing some solid organic growth. Third quarter net sales were $32.8 million, up 6% from $31.0 million in the third quarter
Action Sports Deals Heat Up…
The action sports market saw several mergers and acquisitions last week, though none were tremendous blockbuster deals. Podium Distribution will merge with Fresh Distribution after working with the company for the past ten years. Iconix Brand Group Inc.
Nautilus Q3 Sales Slip Due to Focus on Margins…
Nautilus’ new focus on margins and profitability is driving a short-term sales decrease as the company eliminates less profitable product lines and backs away from certain low-profit customer relationships. Declining sales in nearly every product category
Callaway Lays Out Savings and Positioning Initiatives to Return to Profitability…
Callaway Golf Company announced results for the third quarter that were in line with the warning issued two weeks ago as a result of the lack of new product introductions in the Callaway business and continued issues with the Top-Flite and Hogan businesse
Under Armour Ups Guidance Again on Strong Q3…
Under Armour, Inc. posted its largest quarter in its short history in the third quarter, blowing past the $100 million mark for the first time. In fact, the company established a new benchmark above $125 million. The increase represented an acceleration o
Zumiez October Comps Increase 15.9%…
Zumiez Inc. reported net sales increased 50.9% in October to $19.9 million, compared to $13.2 million for the same month last year. The company's comparable store sales increased 15.9% on top of a 10.0% in the year-ago period…
Four Elected to SG Hall of Fame…
After presenting the coveted industry Hall of Fame award for many years, Mickey Newsome, the chairman and CEO of Hibbett Sporting Goods, will himself receive the honor next year. Mr. Newsome will be joined by Sharp Lannom of DeLong Sportswear, Inc.; the
Topo Ranch Opens Venice Beach Retail Store
Topo Ranch plans to open a retail store in the Abbot Kinney shopping district of Venice, CA on November 7, 2006. Along side the latest Topo Ranch fashions, the 800 sq ft store will showcase musicians from the brand’s Rock on the Ranch CD compilation…
The Walking Company Opens Albany Store
The Walking Company, Inc., will open a new store in Albany, New York, on Friday, Nov. 10. The 1,500 square foot location will be in the Crossgates Mall in the Capital Region surrounding Albany.
Dick’s Sporting Goods’ CFO to Resign
Michael F. Hines, Dick's Sporting Goods, Inc.'s Executive Vice President and Chief Financial Officer will resign after the year end earnings release sometime in March, 2007. Mr. Hines joined the company in March 1995…
