SGB Update Outdoor
Garmin Picks Up New European HQ
Garmin Europe, Ltd., a division of Garmin Ltd., has signed a contract to purchase a new facility to serve as the company's European headquarters for distribution, marketing, and product support. The facility is located in Southampton, England on a 12
Golf Town Q2 Sales Jump 14.7%; Comps Up 4.7%
In the second quarter of fiscal 2006, Golf Town total sales grew to CA$82.1 million ($73.1 mm), an increase of 14.7% over the CA$71.6 million ($57.6 mm) recorded for the comparable period in 2005. The growth in sales was largely attributable to the additi
Irons Help, But Drivers Hinder Adams Golf in Q2
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; net sales of irons increased 118% to $18.3 million; net sales of
Easton-Bell Takes Bike Business In-House
Easton-Bell Sports and Veltec Sports, Inc. have decided to end their distribution agreement and sales representatives of Easton-Bell Sports will take over Easton distribution effective September 1st. Veltec will continue selling Easton wheels and componen
Sara Lee Announces Date and Plans for Apparel Spin-Off
Sara Lee Corporation has finalized plans that will see its apparel division spun-off to create a stand-alone, publicly traded company called Hanesbrands Inc., whose shares are expected to begin trading on the New York Stock Exchange under the symbol “HBI,
Cybex Bottom Line Benefits from Valuation Reserve Reduction…
Cybex International, Inc. reported net sales for the second quarter of $30.0 million, an increase of 10.1% when compared to the $27.2 million posted in the same period last year. Gross margin increased 80 basis points to 86.3% of sales from 85.5% last yea
InSport Doubles Military Sales with U.S. Marines Contract…
InSport Int’l received a $2 million contract to provide advanced base layer garments to the U.S. Marine Corps. Under the terms of the contract, InSport will produce two base layer products specifically designed to meet the unique needs of Marines in physi
Sport Chalet Sees Late Winter Boost Q1 Sales…
Sport Chalet, Inc. started their 2007 fiscal year with a bang, posting a double-digit sales increase in the first quarter ended July 2. SPCH said the gain was due to unusually late snowfall in local resorts, which drove demand for winter related items ea
Obituary: Bill Meistrell
Bill Meistrell was a pioneering waterman and lifeguard whose inventions, talents, and exploits helped transform surfing and diving into worldwide phenomena and billion-dollar industries. He died from Parkinson's disease on Tuesday, July 26th at his
Sporting Goods Sales Detract from Everlast’s Q2 Revenues…
Everlast Worldwide Inc.’s second quarter net revenues were down 4.9% to $9.8 million from $10.3 million in the same period in 2005. Net licensing revenues for the quarter increased 3.4% to $3.0 million from $2.9 million last year. Revenues from sporting g
Berkshire Hathaway Completes Russell Corp. Deal…
At a special stockholder’s meeting on August 1, shareholders of Russell Corp. approved of the acquisition that will see Russell become a subsidiary of Fruit of the Loom, Inc., itself a subsidiary of Berkshire Hathaway Inc. The $18.00 per share selling pri
Garmin Continues Upward Momentum in Q2…
Garmin continues its sharp growth curve, riding on the popularity of personal navigation devices and outdoor/fitness GPS devices. The company grew sales during the second quarter by 64% to $432.5 million. 1,281,000 units were sold in the second quarter of
Nikwax Sees Upside in North America
Nikwax N.A. saw a Canadian sales increase of 18% during the first half of 2006 over the same period of 2005 and a 22% increase in the United States market for the first two quarters. Nikwax aftercare waterproofing products have continued to face increasin
WSA Day Two
The second day of The WSA Show took on an international flavor with delegations arriving from France, Germany and Italy. In addition, show guests were treated to a Style Talk session hosted by television personality Lawrence Zarian, a frequent style comme
Nordstrom July Comps Jump 5.3%
Nordstrom, Inc. reported preliminary sales of $842.6 million for the month ending July 29, 2006, an increase of 7.0% compared to sales of $787.3 million for the four-week period ending July 30, 2005. Same-store sales increased 5.3%.
