SGB Update Outdoor
McKinney Joins Mitchell and Ness
Mitchell & Ness hired Sean McKinney to the company’s executive leadership team. As Vice President of Sales and Marketing, McKinney will oversee the two departments and focus on enhancing the worldwide distribution of the Mitchell & Ness brand…
Sports Retailers See Healthy Start for Hardgoods…
Hardgoods sales, which make up anywhere between 45% to 55% of total revenues for most Sports Retailers, posted some pretty healthy gains in the retail first quarter through April. Both the athletic hardgoods and outdoor hardgoods areas posted sales incre
Famous Footwear Sees Operating Profit Decline on Inventory Clean-Up and Athletic Weakness…
Famous Footwear saw its sixth straight quarter of comp store sales increases in the first quarter ended April 29, posting a 1.9% comp sales gain for the period on top of a 1.5% increase in the year-ago period, but continued efforts to clean up inventories
Adams Golf Sees Q1 Iron Sales More than Double…
Adams Golf rode the strength of its Irons division during the first quarter to overcome weak sales in the driver segment. However, shrinking margins caused the top-line gains to run astray before reaching the bottom-line, where the company posted a mid-s
Crocs Ups Guidance on Strong Demand
Crocs, Inc. has raised its sales and net income per diluted common share guidance for the second quarter ending June 30, 2006. The Company now expects sales for the second quarter of fiscal 2006 to be between $62 million and $65 million compared to its pr
Crocs Shareholders to Sell-off More Stock
Crocs, Inc. filed a registration statement with the Securities and Exchange Commission for an underwritten public secondary offering of shares of common stock held by Crocs, Inc. stockholders. Crocs, Inc. will not receive any proceeds from the sale of the
Deckers Taps Van Dine Group for Consulting Project
Jim Van Dine, former president of Keen Footwear, and Van Dine and Partners has been contracted to collaborate with Deckers Outdoor Corp. management on a variety of projects, from strategic planning and brand development, to operational effectiveness.
Foot Locker Names Pepsi Finance Chief to Board
Foot Locker, Inc. has elected Matthew M. McKenna, Senior Vice President of Finance for PepsiCo, Inc., to the company's Board of Directors, effective immediately. He was elected at Foot Lokcer, Inc.'s Annual Shareholder Meeting on May 24, 2006..
Stride Rite Names Independent Director to Board
The Stride Rite Corporation has announced the appointment of Mark J. Cocozza to the Company's Board of Directors effective as of May 25, 2006 pursuant to an agreement with a group of investors led by Barington Capital Group, L.P. Mr. Cocozza current
Famous Footwear Operating Earnings Slip; Comps Climb 1.9%
Brown Shoe Company, Inc. reported a 10.0% increase in net sales to $575.5 million for the first quarter of fiscal 2006, ended April 29, versus $523.3 million last year. Sales at Famous Footwear were up 4.7 % to $302.3 million for the quarter, from $288.7
Genesco Sales Increase 10% on Strength at Journeys and Journeys Kidz
Genesco Inc. reported Net sales for the first quarter of fiscal 2007 increased 10% to $315 million compared to $286 million for the first quarter of fiscal 2006. Net sales for the Underground Station Group were flat at $40 million. Same store sales fell 3
Adams Golf Q1 Sales Jump 32.7% on Irons Strength
Adams Golf reported total net sales increased 32.7% to $22.3 million for the first quarter of 2006 from $16.8 million for the same period last year. Net sales of drivers decreased 52.0% to $2.4 million from $5.0 million last year. Net sales of irons incre
REI to Expand Boulder Location and Experiment with New Designs
Recreational Equipment, Inc. plans to renovate and expand its current Boulder, Colo., store to pilot a prototype design for REI stores. Project completion is set for the fall 2007. The 21,000 square-foot store will expand into space currently occupied by
New Massachusetts Regulations Could Hurt Climbing Wall Industry
Massachusetts Department of Public Safety posted its most recent revisions to amusement regulations for the Commonwealth for public comment. The Climbing Wall Association believes these regulations may have eventual negative consequences for the climbing
HO Sports Adds to Rep Team
HO Sports Co, Inc. named Brian White and Scott Barone as area representatives for the HO, Hyperlite, and Accurate brands. Brian White will be covering the South Central Region and Scott Barone will be responsible for the Rocky Mountain Region…
