SGB Update Outdoor
Nike Hits $15 Billion in Fiscal 2006; Q4 Earnings Slip
Nike, Inc.'s 2006 fourth quarter revenues increased 8% to $4.0 billion, compared to $3.7 billion for the same period last year. Fourth quarter net income declined 5% to $332.8 million, compared to $349.5 million in the prior year, and diluted earning
Mammut Hires Second in-House Sales Rep
Mammut Sports Group USA hired Eric Siefer as territory sales manager for the Northeast. The hiring is the second in-house rep position for the brand in the US, following the appointment of David Hymans in the Northwest last fall. Siefer will be represen
Icebreaker Opens Canadian Subsidiary
Icebreaker will open the doors of a Canadian customer service and distribution center located in Vancouver, British Columbia. Acting as a subsidiary of Icebreaker New Zealand and in keeping with the North American strategy, Icebreaker Canada will serve i
Zumiez Completes Fast Forward Acquisition
Zumiez Inc. has completed its previously announced acquisition of Fast Forward, an action sports retailer with 19 stores, mostly in Texas and a web store. The acquisition was funded from cash on hand. The company expects the acquisition to add a penny to
RECALL: Reebok Children’s Windsuits
The U.S. Consumer Product Safety Commission and Reebok International are recalling about 55,000 Children’s Windsuits manufactured by Adjmi Apparel Group, of New York, N.Y. (Adjmi is an authorized licensee of children’s apparel products of Reebok Internati
Brunswick Appoints European President
Brunswick Corporation named Jacques A. Bronchart as president – Brunswick European Group. Bronchart most recently served as president of Marine Power Europe and has helped lead Mercury Marine's sales and service efforts in Europe, Middle East and Afr
Sugoi Opens New DC in Cannondale’s Bedford PA Facility
Though many things were the same when the first Sugoi Fall 06 Prebook order left the Distribution Center on June 9th —near 100% fill, on-time delivery — one crucial detail was very different: the origin address on the box. This order shipped from Bedford,
Mammut Forms Benelux Subsidiary
Mammut Sports Group Benelux BV has been formed to reinforce Mammut's efforts in teh region. Mammut Sports Group Benelux BV will focus on continuous reinforcing of the three countries of Belgium, the Netherlands and Luxembourg and will support all act
Mammut Opens New Retail Location in Prague
A new Mammut Store was opened in May, in the heart of Prague. Centrally located on Narodni 32 / Charvatova 11/58 , it consists of two floors covering more than 350 square meters (3,767 square feet)…
Dunham Adds to Product Development Team
Boston-based Dunham announces the addition of industry veterans Bob Bischoff and Sean Cox to its Product Development Team. As Senior Product Developer IIs, both Bischoff and Cox will be responsible for the research and development of all the brand’s prod
Rocky Brands to Produce Michelin Footwear
Rocky Brands, Inc. was tapped by Michelin Footwear to produce, market and distribute a line of footwear in North America under the Michelin brand name. Michelin Footwear, a division of Gear Six, LLC, headquartered in Salem, MA, which holds the worldwide l
Red Resort Shifts Management
Mr. Jim Greene has been appointed Vice President of Sales and Marketing at Red Resort Properties Ltd. Mr. Greene will continue in his current capacity of Vice President of Resort Operations for the 2006/07-ski season, during which time he will transition
Golf Galaxy Shares Fall on Reduced Guidance; Meets Reduced First Quarter Outlook…
Golf Galaxy, Inc. posted its 13th consecutive quarter of comp sales improvements, though not to the level of initial targets, but took a major hit from analysts after reducing their expectations for the year. In a conference call with analysts, manageme
Retailers See Q1 Profit Growth Outpace Sales…
The 2006 first quarter at retail was the most stable quarter in years in terms of acquisitions, consolidations, or other major changes that would have caused any real material changes to the numbers of trends for the period versus last year. Aside from B
Finish Line a Slave to Fashion in the First Quarter…
The first quarter results at The Finish Line, Inc. surprised few last after a warning issued five weeks ago and a quarter-end sales report three weeks ago that saw first quarter comp store sales do an about-face from last year's quarter. Still, ther
