SGB Update Outdoor
Beckham Gives adidas Marquee Player in U.S. Soccer…
David Beckham, adidas’ top sponsored soccer athlete, is jumping across the Atlantic to play for the Los Angeles Galaxy MLS team. The deal that brought Beckham to the U.S. is reportedly worth over $250 million in salary, sponsorships, and endorsements plus
Nikwax Relaunches Vendor Partner Program
Nikwax will relaunch its successful Vendor Partner
Program for 2007. The Nikwax Vendor Partner Program has been relaunched in order to provide more value to Partners, specifically with proactive PR support and marketing, quarterly co-promotional opportuni
Big 5 Q4 Sales Increase 7.1%…
Big 5 Sporting Goods Corporation saw its fourth quarter end in line with the overall annual trend in sales. For the fiscal fourth quarter, sales increased 7.1% to $234.5 million from $218.9 million last year. Same store sales increased 4.2% for the quarte
SIA: SnowSports Sales Continue to Climb In Spite of Weather
Overall sales for both specialty and chain stores were up 4% in dollars to $729.9 million for the August through November period of 2006, compared to $698.6 million reported last year, according to the SIA Retail Audit. Unit sales were up 1%. For the Augu
Ashworth Sees Weak Q4 Slow Full Year Gains…
Ashworth, Inc. depended on its international business to bump up sales for the fiscal year and to keep the decrease for the quarter below the double-digit mark. The quarterly sales dip was exacerbated by margins decreases and expenses increases, widening
Kamik Hires Two New Creative Designers
Kamik has hired two new creative designers, Brian and Martina Cyr. This move marks Kamik’s continued efforts to demonstrate their leadership in the winter and outdoor categories by designing functional outdoor footwear for every season…
Stride Rite Corp. Swings to Profit in the Fiscal Fourth Quarter…
The Stride Rite Corporation looked to their fiscal fourth quarter to reverse of number of negative trends for the year, but still see some issue in their base children’s business and don’t expect to see Keds post growth until the back half of the current
Peregrine Opens New Western Warehouse
Peregrine Outfitters will be shipping from a new warehouse in Ogden, Utah in addition to their existing facility in Williston, Vermont. The new western facility is in the Business Development Ogden (BDO) Industrial Park near several other outdoor industry
adidas/Reebok Factories Shut Doors in Indonesia…
Two Korean-owned, Indonesia-based factories, PT Dong Joe Indonesia and PT Spotec, which produced footwear for adidas and Reebok, closed last year following financial difficulties and the owners leaving the country, according to sources at adidas. Both sup
Icebreaker Inks Sponsorship Deal with Honda Ski Tour
Icebreaker is partnering with the Honda Ski Tour, a series of four skiing competitions and alpine festivals, which kicked off in Sun Valley, Idaho, from Thursday, January 11th through Monday, January 15th…
Anvil Debt Holders Take 99% Stake in Company…
Anvil Holdings, the parent company to Anvil Knitwear, has completed a financial restructuring of its capital structure that effectively eliminates approximately $200 million in debt and preferred stock in exchange for new equity and warrants. The company
Everlast Begins Trading on NASDAQ Global Market
Everlast Worldwide Inc. has received approval from the Nasdaq Stock Market to list its securities on the Nasdaq Global Market effective with the opening of business on January 16, 2007. The Company will continue to trade under the EVST trading symbol. The
VF Corp. May be Moving Closer to Deal for Majestic…
VF Corp. is apparently inching closer to a deal to a acquire Majestic Athletic. While both parties have been mum about a deal since the story first surfaced in a Sports Business Journal article in December, a spokesperson for VF Corp. confirmed Friday tha
Spy Optic Hires Anderson to Head Snowboard Division
Spy Optic has brought on Pete Andersen to oversee its Snowboard category. Andersen’s role will encompass managing all marketing and team aspects of Spy’s snowboard involvement, including promotions, athlete management, media outreach and content developme
Delta Apparel Issues Warning on Q2 and Full Year Results…
Delta Apparel, Inc., which also presented at the ICR XChange, said it expects fiscal second quarter revenues to be approximately $72 million to $73 million, down from its prior guidance of $74 million to $78 million. Earnings are now expected to be in th
