SGB Update Footwear
Sports Authority Officially Private
The Sports Authority, Inc. has completed the going-private transaction approved yesterday at a special meeting of Sports Authority's stockholders. As a result of the transaction, each issued and outstanding share of The Sports Authority, Inc. common
Nautilus First Quarter Earnings Fall on 18% Sales Increase
Nautilus, Inc. net sales for the first quarter of 2006, were $185.0 million, compared to $156.4 million for the corresponding period last year, up 18.3 percent. Net income for the quarter was $5.2 million, or 16 cents per diluted share including about 1.5
Zumiez Comps Jump 19.3% in April
Zumiez Inc. saw total net sales for the month of April increase 42.8% to $15.0 million, compared to $10.5 million for the four-week period ended April 30, 2005. The company's comparable store sales increased 19.3% for the four week period, versus a c
Puma Ups Guidance on Stronger Futures Outlook…
PUMA AG reported another quarter of strong double-digit growth, with all of the gain coming from the conversion of distributor businesses into direct sales organizations and continued gains in the Americas, particularly in the U.S. Profit growth has sta
Under Armour Turns Click-Clack into Cha-Ching…
Under Armour, Inc. saw shares increase nearly 12% for the week to close at $36.78 on Friday after moving past the $40 mark for the first time since January of this year. The gain on Wall Street is a reflection of increased guidance provided by the compan
Volcom Takes Another Tax Hit in First Quarter…
Volcom, Inc. again had another strong top-line quarter in Q1, but the tax man cometh again in the period and erased the benefits to the bottom line. Sales were up across all segments and channels as well as both domestically and internationally. VLCM to
Columbia Expects Decline in 2006 Earnings Despite Double-Digit Backlog Gains…
Columbia Sportswear shares took a hit last week after the company posted a meager gain in the top-line and a decline in profits. The company offered a fairly mixed view for the year, forecasting double-digit revenue growth, but also suggesting that earni
GSI Commerce Posts Strong Q1 Revenue Gains…
GSI Commerce, Inc. had a strong first quarter with revenue increases in the mid-twenties, but it was unable to translate this growth to the bottom line. At the tail-end of the quarter, the company launched its newest partner site, shopNFL.com. The new s
And About Those EB Rumors…
During a conference call with analysts and the media, one analyst questioned VF’s Chairman and CEO, Mackey MacDonald about a recent speculative report in Women’s Wear Daily that stated VF could acquire Eddie Bauer.
While Mr. MacDonald said that VF will
BBC Renews Airwalk License with Collective Licensing
Collective Licensing International, LLC, renewed its agreement with BBC International to license the Airwalk brand through 2007. Effective immediately, BBC will continue to head up the sales and distribution of Airwalk branded footwear throughout the Uni
Sugoi Hires Murphy as Marketing Director
Sugoi Performance Apparel hired David Murphy as Marketing Director. With a successful history in sports marketing, Murphy brings both North American and Global experience in the performance sports sector to Sugoi. With stays at both adidas America and ad
Rottefella buys Majority Stake in NAXO AG
Rottefella will, through the purchase of NAXO, become a major player in the international Alpine Touring market. The purchase also confirms Rottefellas role as the world leading binding developer of ”free heel” bindings. Rottefella has purchased 62.5% of
K-Swiss Sales and Earnings Slip in Q1
K-Swiss total revenues decreased 2.1% in the quarter ended March 31, 2006 from the previous year's quarter. Net earnings and net earnings per diluted share for the first quarter of 2006 decreased 3.7% and 2.8%, respectively, to $24,910,000, or 70 cen
Sportsman’s Guide Expects to Beat Guidance
The Sportsman's Guide, Inc. expects to report revenues for the for first quarter of approximately $71 million, above the current average estimate of $69.2 million and over 10% above the $64.6 million reported for the same period in 2005. It also note
Phoenix Footwear Names EVP of Sourcing
Phoenix Footwear Group, Inc. appointed Prasad Reddy as Executive Vice President of Sourcing. Mr. Reddy brings to Phoenix over 30 years of experience in the footwear industry. Prior to joining Phoenix, Mr. Reddy worked in the footwear industry, specializin
