SGB Update Footwear
EU Footwear Duty Changes Could Have Broad Impact…
The European Union has taken the first steps towards placing duties of up to 20% to 25% on Chinese and Vietnamese manufactured footwear because of allegations of dumping practices. The Federation of the European Sporting Goods Industry has been working to
All Regions Post Strong Result for Billabong H1…
Billabong Int’l saw sales revenues increase 16.0% to A$484.3 million ($364.3 mm) from A$417.5 million ($306.4 mm) in the prior corresponding period, while earnings per share lifted 14.2% to A38.6 cents (29 cents) per share.
In the Americas, sales were
Rebel Sport Ltd. Posts Double-Digit H1 Sales Gain…
Rebel Sport Limited’s sales revenue for the fiscal first half increased 13.5% from A$161.9 million ($121.8 mm) last year to A$183.9 million ($135.0 mm) this year. Same store sales increased 7.1%. Consolidated net profit for the first fiscal half-year was
Pacific Brands Sees Record First Half Sales…
Pacific Brands Limited posted record sales of A$834.3 million ($627.6 mm) for the fiscal first half, a 4.5% increase over the same period last year. Branded sales increased during the half by 7.0% to A$772.1 million ($580.8 mm), including results from the
Sport-Haley Swings to Q2 Profit Despite Sales Slip…
Sport-Haley, Inc. net sales for the fiscal second quarter declined 11% to $4.4 million from net sales of $5.0 million for the year-ago period. The decrease in net sales was primarily due to the previously reported discontinuance of Haley Reserve men'
Technology Takes Center Stage at OR…
While fashion trends in apparel always receive a lot of attention at both Outdoor Retailer shows, and fashion certainly garnered the most attention at the most recent SIA show, this year’s OR Winter Market showed that the outdoor industry is still focused
Ashworth Names CFO; Comes Under Fire from Investment Group
Ashworth, Inc. appointed Winston E. Hickman as executive vice president and chief financial officer, effective February 23, 2006. Possible dissention was also present at Ashworth as The Knightspoint Group filed a statement with the SEC in connection with
Perry Ellis Extends Nike Swim License; Expands West Coast Hub
Perry Ellis International has extended its license for Nike Swim through 2009 including men's, women's and children's swimwear, performance and casual swimwear products, apparel and swim equipment. This new agreement ensures continuity for
Wilson Promotes Kushner and Muresan
Wilson Racquet Sports promoted Chris Kushner to Product Manager of Accessories and Alex Muresan to National Tour Manager for USA Juniors. Kushner has been instrumental to the continued growth in accessories over the last two years. As national tour manage
SportHill Supports LEAD Program
SportHill will donate performance athletic clothing to LEAD – Leadership, Education, Adventure, Direction – a teen organization for low-income youth in Lane County Oregon was established in 1998 in partnership with the City of Eugene, OR and Housing and
Rebel Sports Sees Record Profits on 7% Comp-Store Increase
Rebel Sport Limited, Australia's largest sporting goods retailer, reported consolidated net profit for the first fiscal half-year, which ended December 31, 2005, was A$12.9 million ($9.7 mm), a A$2.8 million ($2.1 mm) or 28.5% increase on the A$10.1
Sport Haley Receives $173,000 in Lawsuit Settlement…
Sport-Haley, Inc. entered into a settlement agreement to resolve all pending claims between the company and its former auditors. Pursuant to the terms of the settlement agreement and a sharing agreement between Sport-Haley and its director and officer lia
Golf Galaxy Sees the Acquisition of The Golfworks Expanding Footprint…
Golf Galaxy, Inc. expects that its planned acquisition of The GolfWorks, one of the golf industry's sources for golf club components, clubmaking tools and supplies, and technical information, will have a positive effect on its retail store productivi
Watson Laminates Acquired by Tum Yeto Owner…
After 13 years as a customer of Watson Laminates, Tod Swank, founder and owner of Tum Yeto, Inc., has acquired the skateboard deck manufacturer. Charlie Watson will remain on as technical advisor and chairman of the board, along with the loyal and experie
Nike Takes on adidas Over Shox Patent…
In a move that many see as an example of how newly-minted Nike, Inc. CEO Mark Parker plans to protect the company’s core brand, Nike, Inc. last week reported that it had filed a patent infringement suit against adidas-Salomon in the U.S. District Court fo