SGB Update Footwear

NHS Appoints Mob Grip and Ricta Team Manager

NHS announced the appointment of Satva Leung as the Mob Grip and Ricta team manager. Satva is an ex-professional skateboarder rode for companies like Toy Machine, Maple, Dynasty, and Judah, and continues to ride for Independent, Drop Bags, Ipath, and Anal

Euler Hermes: Business Failures Expected to Increase in 2006

The Global Index of Business Failures created by Euler Hermes credit insurance is expected to rise by 1% next year, following a slowdown in the reduction of business failures during 2005. The index suggests an increase in casualties during 2006 in the mai

Genesco Continues to Score Big in the Mall…

Genesco Inc. was able to overcome tough comparisons to a strong third quarter last year, and challenges from hurricanes and rising gas prices this year, to deliver a solid top-line effort in the quarter ended October 29. The company saw balanced sales gr

Sport-Haley Narrows Fiscal Q1 Loss on Cost Cutting Measures…

Sport-Haley cut its net loss for the fiscal first quarter ended September 30 to only $426,000, or a loss of 16 cents per share, compared with a net loss of $1,276,000, or 52 cents per share last year. This improvement was achieved in spite of a considera

The Acquisition Environment Heats Up Again…

The pace of acquisitions in the Outdoor, SnowSports, and Action Sports industries appeared to have eased after two years of heavy activity, but just when the tempo seemed to have peaked, a flurry of new deals came through that surpassed what many thought

Timberland Increases Anti-Counterfeit Efforts

The Timberland Company unveiled several new components of its program to combat the distribution of imitation Timberland products. The program is designed to raise awareness about counterfeit goods and the importance of product authenticity, and also incl

Strong Third Quarter Comps Boost Genesco’s Bottom Line

Genesco Inc. earnings before discontinued operations were $16.2 million, or 62 cents per diluted share for the third quarter, compared to $12.4 million, or 49 cents per diluted share last year. Net sales at Journeys rose 11% to $153 million. Same store sa

K2 and Marmot Complete Apparel Consolidation in Santa Rosa, Calif.

All sales, marketing and product development operations of the K2 Snow apparel brand have fully transitioned from K2 Sports in Vashon, Wash., to operate under Marmot in Santa Rosa, Calif. K2 Inc., parent company of K2 Sports, acquired Marmot in 2004 to es

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