SGB Update Footwear
Puma Beats Q3 Forecast and Confirms Full Year Even as Backlog Growth Slows…
Puma AG saw their third quarter “develop better than expected,” as worldwide branded sales increased in the mid-teens, total group sales jumped more than 30%, and the company turned in a bottom-line decline that was less severe than the planned and foreca
La Sportiva Aims for Zero Waste…
La Sportiva hired Boulder-based Eco-Cycle to reach the goal of becoming a Zero Waste organization. The Zero Waste Service from Eco-Cycle is a three–part program that involves collection of all waste, education within the company, and promotion in the comm
Timberland Appoints New VP of Business Development and Licensing
The Timberland Company has appointed Dennis Jenson (DJ) as Vice President of Business Development and Licensing. In this role, DJ will be responsible for planning and identifying growth opportunities for the Timberland enterprise. He reports to Ken Pucke
Mammut Acquires German Headlamp Brand
The Mammut Sports Group AG has inked a deal to acquire the Lucido brand from Invia Sportartikel Vertriebs GmbH of Eurasburg, Germany. Lucido develops and sells LED head and hand lighting systems, and is expected to fit in with the current Mammut Sports Gr
Eddie Bauer Holdings to be Acquired by Private Equity Groups
Eddie Bauer Holdings, Inc. and Eddie B Holding Corp., a company owned by affiliates of Sun Capital Partners, Inc. and Golden Gate Capital, today announced that they have entered into a definitive agreement under which Eddie B Holding Corp. has agreed to a
adidas Group Q3 Stronger Outside North America…
adidas Group reported solid results for the third quarter, reflecting the addition of the Reebok business acquired earlier in the year, but the addition of RBK has also trailed the rest of the business under the Group umbrella. CEO Herbert Hainer freely
Adams Golf Gets More Lift from Irons in Q3…
In the third quarter, Adams Golf managed a sharp jump in net sales that came solely from sales of irons as both drivers and fairway woods were down for the period. Unfortunately, because of the nature of the golf business and the reversal of litigation in
Down Under Retail Shake-Up…
A couple of major players in the retail landscape down under changed hands last week. In Australia, it was Rebel Sport Limited that entered into an agreement with a wholly owned subsidiary of Archer Capital Pty Ltd; while in New Zealand, surf retailer Ama
Pacific Sunwear Q3 Sales Dip Pulls Net Down 76.6%
Pacific Sunwear of California, Inc. reported total sales of $375.4 million for the third quarter, down slightly from total sales of $377.5 million for the same period last year. Same-store sales decreased 6.7% for the quarter. Third quarter GAAP net incom
Ashworth Lowers Guidance for Q4, Year
Ashworth, Inc. lowered its guidance for the fourth quarter and fiscal year, expecting consolidated revenues for fiscal 2006 ato be approximately 2% to 3% below the previously anticipated result at the lower end of $210 to $220 million. In addition, the co
Forzani to Take Hockey Specialty Concept Canada Wide
The Forzani Group Ltd. has decided to roll out nationally its hockey specialty banner concept, which the company said piloted “very successfully” under the Hockey Experts name in Quebec. The hockey specialty banner, which will eventually have stores coast
Timbuk2 Names Atlas Snowshoes Founder as CEO
Timbuk2 Designs Inc. named Perry Klebahn as CEO. Klebahn, who has more than 16 years outdoor industry experience and an extensive background in product design, marketing and engineering, is currently teaching at Stanford’s Institute of Design’s d.school.
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
