SGB Update Outdoor
Zappos.com Turning Profit on Drive to $600 Million Year
In a letter issued this week to the market by Tony Hsieh, CEO of Zappos.com, the on-line retailer is driving toward its goal of achieving $600 million in sales in 2006, which would represent a 62% increase in revenues over the $370 million achieved in 200
686 Extends Product Offering into Spring
686 will launch a new extention to its product line at OR and ASR this year, with the debut of its men's spring collection which is a performance line that combines 686’s technical and fashionable history into a slightly different offering…
ISPO China Summer Pushed Back to 2007
ispo china summer will not be taking place on 20 – 23 August 2006 as planned but is to start in summer 2007 in Shanghai. In many intensive talks with trade and industry organisations such as the CORA Chinese Outdoor Retail Association, the summer platform
Hi-Tec Outdoor Sales Push Brand to 20% Sales Increase
HI-TEC is reporting 20% sales growth YTD with figures looking to climb above and beyond all expectations for 2006. The Outdoor category in particular continues to go from strength to strength across all sections of the category and remains the strongest i
Reebok Inks Deal with Scarlett Johansen for Footwear Line
Reebok has signed a multi-year partnership with one Scarlett Johansson to co-create Scarlett “Hearts” Rbk, a fashion-forward, athletic-inspired footwear and apparel signature collection debuting in spring 2007 at high-end department stores and boutiques a
REI to Open Store in Fresno
Recreational Equipment, Inc. plans to open a store at The Shops at River Park in Fresno, Calif., in the spring of 2007. The two-story 26,000 square-foot store at North Blackstone and East Nees avenues off Route 41 will employ about 55 full- and part-time
Utility Inc. Forms New Branding Division
Utility Inc., a retail fixturing group based in the SODO district of Seattle, WA, has created a new division: Dept. of Energy a.k.a. D.O.E.; a small coalition of graphic designers focused on branding, product development, fashion and the general aesthetic
Outdoor Coalition Again Drives VF Corp. Gains…
VF Corporation reported their 11th consecutive quarter of record sales and earnings results. Revenues rose 8% in the second quarter to $1.57 billion, compared with $1.45 billion in 2005. This increase was fueled by organic growth across VF’s different co
Collective International Picks Up Sims License…
Collective International, LLC secured the exclusive, world-wide rights to Sims Snowboards from Tom and Hilary Sims. The agreement names Collective as the exclusive licensing agent through 2026 and also provides Collective the option to purchase the tradem
Collegiate Pacific Sees a Legal Challenge to SSG Deal…
Costa Brava Partnership III L.P., Greenwood Capital L.P., and Greenwood Investors, L.P. filed a lawsuit seeking to recover damages for “breaches of fiduciary duty” from Sport Supply Group's controlling shareholder, Collegiate Pacific, Inc. The indiv
NGF: Rounds Played Slip 3.2% in May…
According to the National Golf Foundation, May rounds were down 3.2% nationwide on a same-store basis, breaking a streak of four months during which rounds were in positive territory. Nevertheless, rounds are up 4.5% for the first five months of 2006 vers
Restructuring Slows Oakley’s Bottom Line Growth…
Oakley, Inc. saw record net sales for the second quarter, but the restructuring of its footwear and apparel businesses, combined with average selling prices that trailed off “slightly,” the shift of its shipping calendar, and cancellations due to late ap
But Hurts Black’s Leisure’s U.K. Outdoor Sales…
At its Annual General Meeting, U.K.’s largest outdoor retailer, Blacks Leisure, said that total Group sales for the first 20 weeks of the fiscal year increased 2.6%, but comp sales fell 1.0%. The company stated that the World Cup has had a significant neg
New Apparel Brands Hit Market…
Two companies from opposite ends of the sporting goods spectrum — skate and tennis–launched forays into the apparel realm last week. In the action sports sector, Sole Technology launched Altamont Apparel Ltd., which is set to hit select stores globally
Nautilus Acquires Bob Rodgers Patent Portfolio…
Nautilus, Inc. has acquired the patent portfolio of fitness inventor Bob Rodgers, who is regarded as one of the top inventors, especially surrounding elliptical cardiovascular trainers. The patent portfolio contains more than 30 individual patents surroun
