SGB Update Outdoor
Nike Promotes from Within…
Nike made a series of personnel moves last week, promoting Gary DeStefano to president, global operations and Trevor Edwards to VP, global brand and category management. Succeeding DeStefano as head of Nike USA will be Craig Cheek, while Joaquin Hidalgo,
Danner Lands U.S. Marine Boot Contact…
LaCrosse Footwear’s Danner subsidiary has been awarded an indefinite delivery/indefinite quantity contract to produce the Mountain Cold Weather Boot designed for the U.S. Marine Corps. The contract could span up to five years and anywhere between 500 and
TM-aG Increases 2006 Guidance on Strong Q2, GNC…
TalylorMade-adidas Golf sales increased 30.7% for the second quarter to €264 million ($332 mm), compared to €202 million ($255 mm) in the 2005 second quarter. In U.S. Dollar terms, TM-aG sales grew 30.3%. TM-aG currency-neutral sales increased 28% in the
Hibbett SG Lowers Q2 Guidance Despite 11% Sales Jump…
In a preliminary sales report, Hibbett Sporting Goods saw strong top-line results for the second quarter for fiscal 2007, but now expects to report net income per diluted share of 12 cents to 13 cents versus the previous guidance for the second quarter of
Adams Golf Gets Irons Help in Q2, but Drivers Cut in Half…
Adams Golf saw total net sales increase 29.8% to $25.7 million for the second quarter from $19.8 million for the same period last year. Net sales of drivers decreased 54.8% to $2.8 million, or 10.9% of total net sales, for the second quarter from $6.2 m
Big 5 Shrugs Off DC Impact to Post Solid Second Quarter Results…
Big 5 Sporting Goods posted its 42nd consecutive quarter of comparable sales increases in Q2 and fought off a slight decrease in gross margins on their way to strong double-digit gains on the bottom line. Management attributed their sales gains to “a com
VAUDE and Edelrid Clarify Joint Strategy
In March 2006 VAUDE and the climbing brand Edelrid were combined. Together, both companies are now setting a strategic course for integrating their competencies and fortifying both brands’ market position in Germany and abroad. VAUDE’s eperience in the cl
Spy Optic Signs Two Australian Distribution Agreements
Spy Optic, Inc. has signed two separate distributions agreements in Australia with Quattro Sports and GAS Imports Australia Pty Ltd. Quattro Sports will distribute Orange 21's Spy Optic products to Australia's action sports market. GAS Imports A
TIA: Prince’s O3 White Holds Top Spot
According to the Sports Marketing Surveys/Tennis Industry Association Specialty Store Retail Audit, the Prince O3 White holds the number one spot in the Hot New Racquets categories in Q2 2006. In addition, the Prince brand has 25.6% of the total dollar sh
Firethorn Golf Parent Adds North America Corporate Promo Head
Sales and marketing veteran Michael O’Bright has joined Montreal's Redstone Apparel Group to head the company’s North American corporate promotional division. Montreal-based Redstone is the parent company for Firethorn Golf, as well as other performa
Patagonia Finalizes Single Brand Transition
Effective Spring 2008 the Water Girl, USA brand will
transition to Patagonia Women's Surf. The decision comes as the final step in Patagonia's brand architecture simplification, which has included the transition of Lotus Designs to Patagonia Pad
Head Slips into Red on 5% Revenue Decline
Head N.V. second quarter net revenues were down 5.3% to €63.8 million ($78.0 mm). Operating result before restructuring costs and gain on sale of property, decreased by €3.2 million ($3.9 mm) to a loss of €2.9 million ($3.5 mm). The loss for the period wa
Nike Extends NFL Footwear Agreement
The National Football League has extended its agreement with Nike for the sporting goods giant to continue as an authorized supplier of NFL footwear. An NFL partner since 1995, Nike will continue to supply NFL players with branded footwear for use in game
G.I. Joe’s Names Vendor; Rep of Year
Recognizing a successful partnership and dedication to provide high quality footwear to running enthusiasts throughout the Pacific Northwest, G.I. Joe’s named Asics, Inc. of Irvine, California as its 2006 Vendor of the Year. In addition, Doug Williams of
Cabela’s Accounting Review Sees No Top or Bottom Line Changes
Cabela's review of its prior accounting policies did not impact the Company's revenue, net income, total assets, stockholders' equity, or earnings per share for any prior periods. However, it did impact the company's statements of cash
