SGB Update Footwear

Hibbett Posts Strong Q3 Despite Margin Hit…

Hibbett Sporting Goods, Inc. posted a strong high-teens increase in net sales in the third quarter, but even management admitted that they were likely a little overworried about comping against strong Katrina related sales last year as the retailer offere

Zumiez Q3 Margins Hit by New Stores…

Zumiez Inc. saw the cost of new stores, including the acquired Fast Forward business, cut into the bottom line a bit in the third quarter, but nothing to prevent the action sports retailer from posting a double-digit gain there. ZUMZ reported a 43% jump

Royal Robbins Drives Phoenix Footwear Third Quarter Results…

Phoenix Footwear Group, Inc. saw net sales for the third quarter increase 6.4% to $36.5 million from $34.3 million last year. Organic growth for the quarter was 8.8%. Top line sales growth was led by strong results at Royal Robbins and Chambers Belt, part

Nike Adds Media Vet to Board

NIKE, Inc. appointed veteran media executive Johnathan A. Rodgers to its Board of Directors. Rodgers, 60, is President and CEO of TV One, a fast-growing cable channel that currently serves approximately 33 million households and offers a broad range of li

Confluence Promotes FitzGerald to VP of Sales

Confluence Watersports has promoted Patrick FitzGerald to VP of sales. FitzGerald has 29 years of outdoor industry experience, having worked in retail, general management and sales. He was most recently the Director of International Sales at Confluence,

Nike to Launch Ronaldinho Collection

Nike will launch a signature collection with Brazilian soccer star Ronaldinho. Ronaldinho's signature collection is Nike's first signature line ever introduced with a soccer athlete, joining the ranks of Michael Jordan, Tiger Woods and LeBron Ja

Under Armour Looks to Move to NYSE

Under Armour, Inc. has filed an application to list its securities on the New York Stock Exchange (NYSE). The company looks to start trading its shares of Class A Common Stock under the symbol “UA” on the NYSE on December 18, 2006. Until that time, the co

Hibbett Q3 Sales and Net Both Up Double-Digits

Hibbett Sporting Goods, Inc. saw net sales for the third quarter jump 17.2% to $129.7 million from $110.6 million last year. Comparable store sales increased 7.1% in the third quarter of fiscal 2007. Net income for the quarter increased 21.5% to $9.9 mill

Sport-Haley Narrows Fiscal Q1 Loss

Sport-Haley, Inc. net sales for the three months ended September 30, 2006 were $4.7 million, an increase of $662,000, or 17%, from net sales of $4.1 million for the comparable period in the prior fiscal year. Net loss for the three months ended September

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