SGB Update Footwear
Stride Rite Works through Keds Transition; Puts New Management Behind Saucony…
The Stride Rite Corporation saw fiscal third quarter sales increase about 7% for the period ended September 1, 2006 when excluding the domestic contribution from Saucony, which the company had acquired at the beginning of the fiscal fourth quarter last ye
Hanesbrands Overcomes Sales Dip in 2006…
Hanesbrands Inc., which began operating separately from Sara Lee on Sep. 5, filed with the SEC its annual report on Form 10-K for the fiscal year ended July 1, 2006.
Net sales of $4.47 billion for the 2006 fiscal year were down 4% from $4.68 billion last
Amer’s New U.S. Snow/Outdoor Division Announces Exec Team…
Last month, Amer Sports Corporation launched a new initiative, creating the Winter & Outdoor Division of the Americas, which includes Salomon, Atomic, Suunto, and Bonfire. Last week, the company announced the management team that will lead this new divis
ATTA Prepares for Seattle
Joining more than 70 adventure travel pioneers and experts from five continents, four world-renowned experts representing the fields of cultural anthropology, environmental and wildlife conservation, work-life balance, and archaeology are set to address a
Deuter ‘Inks’ a Deal to Sell Company to Schwanhäußer
The Schwanhäußer Industrial Group, a family-owned company that produces writing instruments under the Stabilo brand name and private label cosmetics, has acquired Deuter Sport GmbH from Michael Franke, who has owned the brand since 1990. Schwanhäußer is a
RECALL: Cervelo R2.5 Bikes and Frames
The U.S. Consumer Product Safety Commission and Cervélo Cycles Inc. are recalling about 650 2005 R2.5 Model Carbon Fiber Bicycles and Bicycle Frames. The bicycle frames can loosen or separate, causing the rider to lose control, fall and be injured, though
Sport Supply Q4 and 2006 Net More than Doubles
Sport Supply Group, Inc. reported a 3.4% growth in revenues for the fiscal fourth quarter to $24.0 million from $23.2 million last year. Net income jumped 168% to $1.7 million from $621,000 for the fourth quarter last year.For the full year, revenues gre
Sports, Inc. Adds Schuylkill Valley to Roster
After adding Allen Sports Center to its team dealer base last week, Sports, Inc. has added Schuylkill Valley Sports in Pottstown, Penn. as store number 875…
Nike Launches Armstrong Marketing Campaign for NY Marathon
To mark the 10th anniversary of the day when he was diagnosed with cancer – October 2nd (10/2) – Lance Armstrong and Nike, will launch the “Run Like Lance Challenge,” created to support Armstrong and track his miles as he trains for the 2006 New York City
Saks Completes Parisian Sale
Saks Incorporated has completed the sale of Parisian to Belk, Inc. for a total purchase price of approximately $285 million in cash…
Lands’ End Names New Chief Marketing Officer
Lands' End appointed Gerard Cunningham as chief marketing officer, reporting to David McCreight, president of the company. As a member of the executive committee, Cunningham will be responsible for leading all marketing activities…
Nike Inc. Fiscal Q1 Profits Down on Tough Comps…
The conversation at Nike, Inc. was very different in the fiscal first quarter this year compared to the same period last year as the company saw gross margins decline, expenses increase, and net income decline for the period ended August 31. Still, the c
Collegiate Pacific Fiscal Year Results Hurt by Charges; Ramps Up Deal Machine Again…
Busy boys down at Collegiate Pacific Inc. last week. During the past week, the company announced a new partnership with Varsity Group Inc. to become their exclusive sporting goods supplier; entered another (and seemingly final) attempt to acquire 100% of
Forzani Sees Strong Back-to-School Season…
Following a strong second quarter report three weeks ago, The Forzani Group reported healthy sales and margins for the 2007 “Back to School” selling season. Retail system sales for the six-weeks from July 30 through Sept. 10, 2006 increased 7.0%, while s
Kelly Named President of Russell Athletic
Doug Kelly has been named president of Russell Athletic. He will be responsible for Russell’s retail, team sports, college bookstore, and licensed products businesses, as well as the Bike and Discus Athletic Brands. Kelly has extensive experience managi
