SGB Update Outdoor
Gildan Plans Five North American Factory Closures
Gildan Activewear Inc. plans to close its two remaining textile facilities in Montreal, Canada, as well as its cutting facility in Bombay, N.Y., in the fourth quarter of the current fiscal year. Two sewing facilities in Mexico, which are supplied with fab
Boccieri Golf Adds VP of Sales and Marketing for Heavy Putter
Boccieri Golf named Alan Pouyat as VP of sales and marketing to help service rapidly-growing, worldwide demand for the company’s Heavy Putter. Pouyat will oversee Boccieri Golf’s corporate and independent sales force, relying on his extensive sales, marke
Reebok to Move EU HQ to Amsterdam
Reebok will move its European Headquarters from the current offices in Bolton, England to Amsterdam, The Netherlands.
Reebok’s plan to relocate its EHQ to Amsterdam will enable it to centralize its European leadership team and more effectively manage its
REI Releases Stewardship Report
Recreational Equipment, Inc. released its first stewardship report. The report, available online at www.rei.com/stewardship, provides a review of the co-op's social and environmental priorities and efforts for 2006, and includes short and long-term a
Steve and Barry’s Signs Ben Wallace as Endorser
Steve & Barry’s said four-time NBA All-Star Ben Wallace has become the first athlete endorser of the Starbury Brand. Wallace will wear the Starbury II shoe, which debuted on March 26th, on-court this season, while a Big Ben signature Starbury sneaker i
adidas Takes on RBK Greece, Eyes S.C. for Second DC
The adidas Group acquired the distribution rights for the Reebok brand in Greece from RbK Hellas A.E.B.E. The agreement will take effect on January 1st, 2008, with adidas Hellas S.A. becoming the exclusive distributor of Reebok products in Greece.
Nike Fiscal Q3 EPS Climbs 10% on 9% Sales Gain
Nike, Inc. third fiscal quarter revenue grew 9% to $3.9 billion, compared to $3.6 billion for the same period last year. Changes in currency exchange rates increased revenue growth by 3 percentage points for the quarter. Third quarter net income grew 8% t
Woolrich Announces Succession Plan
The sporting goods industry was saddened at the sudden passing of Woolrich president and CEO Roswell Brayton, Jr., who collapsed at the company’s headquarters in Woolrich, Penn. the week before last….
Backcountry.com Sees 56% Sales Growth in 2006
Backcountry.com 2006 sales increased 56% to $82 million from $52 million in 2005. The company recorded its busiest day on December 11, one week after Cyber Monday when the company shipped nearly 12,000 orders…
Helly Hansen Restructures North American Operations
Helly Hansen is reorganizing its North American operations looking to centralize its executive, marketing, retail, product management and customer service operations. As part of the transition, Gary Davis was named general manager of Helly Hansen North Am
Earth Committs to Ergo-Friendly Packaging/Products
Earth Inc., the maker of Earth footwear, announced a series of initiatives to devote itself to more eco-friendly packaging and products…
True Temper Q4, Annual Sales Decreases Lead to Net Losses
True Temper Sports, Inc. saw fourth quarter net sales decrease 11.8% to $24.2 million from $27.4 million last year. Net sales for the full year decreased 8.2% to $108.0 million from the $117.6 million recorded in 2005. The company recorded a net loss for
The SportsOneSource Group Sees Sport Footwear Growth Moderating Again in 2007…
After posting solid increases in the first half of 2006 sport footwear saw much of the gains slip away as the year progressed, finally settling into a 3.5% increase for the year, according to analysis conducted by The SportsOneSource Group. SOS estimates
Nike, Inc. Fiscal Q3 Gets Lift from Europe, Asia and Subsidiaries…
Nike, Inc. surpassed analysts’ earnings expectations for the fiscal third quarter and posted solid double-digit revenue gains in Europe, Asia-Pacific, and the subsidiary business that includes Cole Haan, Nike Golf, Exeter Brands, Nike Bauer Hockey, and Co
Snow Sports Sales Declines Level-off in January…
The slow start to the ’06-’07 winter season continued into the New Year, but specialty retailers managed to gain some ground back from the losses experienced in December. At the end of December, overall Snow Sports sales were down 4% to roughly $1.1 billi
