SGB Update Outdoor
Russell Corp. Chairman Opposed Berkshire Deal; Cited Company Progress Against Plans…
Russell Corporation last week filed a proxy statement with the SEC related to its merger into a subsidiary of Berkshire Hathaway, revealing that Jack Ward, chairman and CEO of the company, was the sole dissenting vote on the Board of Directors that approv
Quiksilver Hits Second Quarter Targets. but Q2 Hurt by Rossignol Effect…
While Quiksilver took a big hit to its bottom line due to the seasonality of the Rossignol business, the company managed to impress analysts by achieving results in-line with its guidance for the quarter for both revenues and earnings. Sales results were
Forzani Group Sees Continued Momentum in Q1…
The Forzani Group is still riding the momentum it built in the back half of last year with an extensive renovation initiative and heavy advertising spend to support the new look of its Sport Chek stores. The company has not only boosted its top-line with
NSGA: Sporting Goods Sales to Climb 3% in 2006…
According to the NSGA, retail sales of sporting goods, which reached $51.3 billion in 2005, are expected to grow 3% in 2006, to roughly $53.0 billion. Last year, in 2005, athletic and sport footwear grew 7%, reaching $15.7 billion. Clothing showed a 4% ga
Acquisitions Put Hurt on G-III Q1 Bottom Line…
G-III Apparel Group, Ltd. reported net sales for the first quarter of $14.4 million, an increase of 4.3% from $13.8 million for the same period last year. Gross margins decreased 180 basis points to 4.8% of net sales form 6.6% during the year-ago quarter
JJB Sports Has Swing at Golf Broadcasting…
British sporting goods retailer JJB Sports plc has acquired the UK operators of The Golf Channel and The Golf TV Pro-Shop Channel, Golf TV Limited, for a consideration of up to £3.3 million payable in cash. Included in the transaction are the company’s
Perry Ellis Shuffles Swim Deck…
With barely enough time for the ink to dry on its licensing agreement for JAG swimwear, Perry Ellis International, Inc. has reorganized parts of it swimwear business, appointing Gail Rhodes as senior vice president of sales for women's swim. Rhodes
RECALL: Scubapro X650 Second Stage Regulators
Johnson Outdoor’s Scubapro is recalling about 670 X650 Second Stage Regulators. A manufacturing error could cause the main housing of some regulators to change shape over time, which could cause the cover and diaphragm to become dislodged. If this occurs,
Lafuma Earnings Jump on Smooth Integration…
Lafuma reported strong first half sales gains due to a combination of organic growth and acquisitions. Total company sales increased 34.6% to €116.5 million ($139.3 mm) compared to €86.6 million ($112.9 mm). In addition, the company’s backlog increased 8%
More Skiers and Higher Prices Boosts Vail Resorts Q3…
Vail Resorts, Inc. finished up their 2005/2006 winter season well ahead of last year and was able to beat internal and street estimates for both top and bottom line results. Mountain revenue for the third quarter of fiscal 2006 was $294.8 million, a 14.8%
REI Launches New ‘Outdoor School’ Program
Recreational Equipment, Inc., is introducing its latest program designed to get people outdoors. The new REI Outdoor School offers classes and one-day guided outings that teach the basics of hiking, cycling, kayaking and more…
NSGA: Full-Line Sporting Goods Retailers Improve Profits
Key measures of productivity and profitability improved for full-line sporting goods stores, while results specialty sport shops were less consistent, according to data in the newly released NSGA Cost of Doing Business Survey…
Wilson Named Official Baseball Supplier of Perfect Game Series
Wilson Sporting Goods, Co was selected as the Official Baseball of the Perfect Game Baseball Championship Series. The organization helps top high school baseball athletes gain valuable exposure among college and professional scouts. The alliance combines
Quiksilver Q2 Earnings Drop on Rossignol Results
Quiksilver, Inc. net revenues for the second quarter of fiscal 2006 increased 21% to $516.9 from $426.9 million in the second quarter of fiscal 2005. Consolidated net income for the second quarter of fiscal 2006 was $3.7 million compared to $34.7 million
Quiksilver Inaugurates Park City Mountain Center
Quiksilver, Inc. has opened its new Mountain Center in Park City, Utah. The facility will house the North American headquarters for the Quiksilver stable of winter sports brands which includes the recently acquired Rossignol, as well as various functions
