SGB Update Outdoor
GBMI Launches New Brand
Global Brand Marketing Inc. is launching a new fashion brand, Mehandi, a women’s only label that provides for an exotic blend of artisan and sophisticated silhouettes debuting with the Spring/Summer 2007 collection.
SportsOneSource to Launch Conference Series at SGMA Spring Market in 2007…
SGMA has partnered with The SportsOneSource Group to present a running specialty retailer conference in conjunction with the Spring Market. The conference will focus on the specific needs of the running specialty retailer in areas such as best practices,
Zumiez Hits Fast Forward Button on Expansion…
Zumiez, Inc. signed a definitive agreement to acquire action sports retailer, Fast Forward. Fast Forward operates 19 stores, 16 of which are in Texas, with one store in California and two stores in Oklahoma. The chain had sales of “slightly under $24 mill
South American Contract Dispute Will Hurt Nike’s Bottom Line…
Nike, Inc. received a less that hoped for ruling in an arbitration case arising from a contract dispute between the company's Converse subsidiary and Alon International, S.A., a former licensee for Converse in Brazil, Argentina, Paraguay, and Uruguay
Dick’s Sporting Goods Gets Super Bowl Lift in Q1; Ups Full Year Guidance on Solid Business Outlook…
Dick's Sporting Goods came out of the gate running for the start of the 2005 fiscal year, exceeding internal projections for net income as well as analysts’ expectations. DKS had issued guidance in March that estimated earnings in the 15 cents to 17
Collegiate Pacific Acquisitions and Organic Boost Q3…
Collegiate Pacific Inc. posted a strong third quarter that saw sales from the company’s acquired Dixie, OTS, Kesslers, and Salkeld (or DOKS) division combine with a “12% to 13%” organic sales increase combine to boost sales 120%. The company also launche
Bullen Named Managing Director of Sunday River
American Skiing Company has named Dana Bullen as President and Managing Director of the Sunday River resort in Newry, Maine. Mr. Bullen has served as General Manager of the resort since September 2004 and brings to the position more than 20 years of ski i
The Sherpa Group Two Joins Princeton Tec Sales Team
Princeton Tec hired The Sherpa Group Two, a sales team based in Portland, OR to service retailers in the states of Alaska, Washington, Oregon, Idaho and Montana. The five member team consists of Jack Powell, Jaime Buyagawan, Gabe Calderon, Brock Selig, an
Another Victory for Golf Vendors Fighting Counterfeits…
Following a request by the U.S. Golf Manufacturers Anti-Counterfeiting Working Group, Chinese law enforcement officials have raided four factories and three warehouses involved in the production and distribution of counterfeit golf clubs and equipment in
lucy Opens Two Chicago-Area Stores
lucy will open its third and fourth stores in Illinois over Memorial Day weekend. Set to debut on Friday, May 26 in Northbrook Court and Monday, May 29 in Oakbrook Center, each store creates a friendly, energized environment for lucy customers…
Margins and Sales Decreases Leave True Temper in the Red…
True Temper Sports, Inc. posted net sales for the first quarter of $31.7 million down 1.2% from $32.1 million for the same quarter last year. Gross margin decreased 350 basis points to 36.6% of net sales from 40.1% of sales last year. SG&A expenses also d
Perry Ellis Inks Licensing Deal with JAG Swimwear
Perry Ellis International, Inc. has entered into a license agreement with JAG Licensing LLC to manufacture and distribute JAG men's and women's swimwear and cover-ups in the United States, Canada and Mexico. The agreement runs through June 2011.
Umbro Sees U.S. Sales Slow…
At the Umbro Annual General Meeting, Peter McGuigan, CEO, said that sales for the year are in line with expectations. International Wholesale Sales and Royalty Income are anticipated to continue to grow. Asia has delivered a “particularly pleasing perfo
Cybex Completes Secondary Offering
Cybex International, Inc. completed its public offering of 3.5 million shares of CYBEX common stock at $5.50 per share. Of the total shares sold, 1.75 million shares were issued by CYBEX and 1.75 million shares were sold by the selling stockholders, inclu
SIA Retail Audit Sees Strong Finish for Snow Sports Season…
The 2005-2006 SnowSports retail season was like many of the past few years, strong in certain parts of the country and difficult in others. However, at least this year every major ski area was able to open for business for most of the season, unlike last
