SGB Update Outdoor
Russell Corp. to Close Alexander City Plant
Russell Corp. plans to close a plant in Alexander City, AL. More than 400 workers at a plant learned last week that they will be losing their jobs when the plant closes later in the year. Some of the 425 employees will be let go as early as March 12 and a
Deckers Sees All Three Brands Contribute in 2006 Fourth Quarter…
With just over one year as CEO of Deckers, Angel Martinez has managed to turn the company from a holding company with only true one growth brand into a multi-brand platform that is driving double-digit growth in all segments. At the same time, the compan
NBA’s On-Site Sales at All-Star Game Sets Record
The NBA said that on-site retail merchandise sales during All-Star 2007 in Las Vegas increased by 54 percent versus the prior sales record set in Los Angeles in 2004…
Head Fourth Quarter Sales and Profits Decline…
Head N.V. echoed the reports coming from other snow sports hardgoods manufacturers during their fourth quarter as winter snow did not materialize until late in the season for Europe, and much of the Northeast and Midwest in the U.S. Fourth quarter net re
Smartwool Announces Rep and Agency of the Year Awards
SmartWool's inaugural Rep of the Year and Rep Agency of the Year Awards, were given to Matt Ronca from the Hawk Sales Group, and the Alpert Tebrich agency of California. The awards were given based on growth, strategic planning and brand support, pro
Escalade’s Q4 Sporting Goods Revs Up 11% on Acquisitions…
Driven by acquisitions completed in the first half of fiscal 2006, Escalade Inc. said fourth quarter revenues in its sporting goods segment were up 11% in the fourth quarter and 13% in the year. Sales into the mass retail market were relatively unchanged
K2 Sports and Nike Open New Distribution Centers
K2 Sports plans to transition its shipping operations into a warehouse facility adjacent to the company’s new headquarters in Seattle. In other news, Nike, Inc. reached an agreement to acquire a 125-acre land parcel in Memphis, TN, known locally as Northr
REI Sees Double-Digit Sales and Net Increases in 2006…
REI finished 2006 with strong top-line increases and income out-pacing sales gains. Adding to the company’s 9.5% comp-sales increase for the year, REI opened seven new stores. This brought total sales to $1.18 billion for the year, an increase of 15.6%.
Charges Expand Annual Loss for West Marine…
West Marine, Inc. fourth quarter net sales slipped 0.8% to $123.8 million, compared to net sales of $124.8 million for Q4 last year. Comparable store sales for the period increased 0.2% on top of a 3.9% improvement last year. The net loss for the quarter
Lackluster Q4 Ends Tepid Year for Aldila…
Aldila, Inc. saw sales decrease for both the fourth quarter and the full year, with the bottom line following suit. “Golf equipment sales as a whole were relatively weak in 2006, with driver club units down the most of any category,” said Peter Mathewson,
Skechers Counter-Sues Asics…
Skechers USA Inc. filed its own suit against Asics Corp. and Asics America Corp. for trade libel after being sued by the rival footwear maker. Skechers accused Asics of trade libel, unfair competition and “tortious interference with prospective economic
Sports Direct International Goes Public Route…
Sports Direct International PLC, the U.K.’s largest sporting-goods retailer, raised £929 million ($1.82 bn) in an initial public offering after owner Mike Ashley sold a 43% stake in the business. In fiscal 2006, Sports Direct's earnings before intere
Adidas Partners with Century on Boxing Equipment
Adidas plans to introduce a branded line of precision-engineered boxing equipment this fall in the U.S. Century, a leader in combative sports products based in Oklahoma City, OK, will be the US and Canadian distributor…
Blacks Leisure to Close 45 Stores
Blacks Leisure, the United Kingdom outfitter, will close about 45 loss-making stores after it revealed sales will be flat for the year to February…
NGF: January Rounds Played Slump Compared to Last Year
According to the National Golf, January rounds played were down nearly 21% on a same-store basis against last year's results. However, NGF noted, January 2006 rounds were up 30% over January 2005 rounds, so this year's drop is really a return to
