SGB Update Outdoor
SIA: 05/06 Chain Sports Sales Up 6%
Overall sales for the entire winter sport market (including specialty and chain stores), were up 4% in dollars to $2.3 billion for the August 2005 through March 2006 period,
compared to $2.2 billion reported last year, according to the SIA Retail Audit. U
NSGA: March Sporting Goods Sales Climb 18%
The Monthly Retail Trade Survey, prepared by the U.S. Census Bureau, reported sales in sporting goods stores of $2.87 billion preliminary for the most recent reporting month of March, up 18.2% from the $2.43 billion in March 2005. The increase follows a 1
Orange 21 Q1 Sales Up; Net Loss Falls
Orange 21 Inc. saw net sales for the first quarter of 2006 increase 11% to $9.4 million from $8.5 million last year. The company reported a net loss for the quarter of approximately $1.7 million, or 21 cents loss per diluted share compared to a net loss o
Phoenix Footwear Sales Increase 52.8%; Income Doubles
Phoenix Footwear Group, Inc. net sales for the first quarter increased 52.8% to $40.3 million, compared to $26.4 million for 2005. Organic growth was 7.3%. This reflects a 29.0% increase in Royal Robbins, a 16.2% increase in H.S. Trask, and a 5.4% increas
adidas Group Provides Nice Surprise for Q1…
Analysts were ecstatic about the surprisingly positive first quarter turned in by the adidas Group that reflected strength in both the Brand adidas and TaylorMade-adidas Golf segments. While currency-neutral revenues jumped 40% when including two months
Small Business Health Care Blocked in Senate…
The Small Business Health Care Plan, one of the top priorities during OIA’s recent Capitol Summit and a key issue for the SGMA, was defeated in Congress last week. The Bill was proposed by Senator Enzi this year and allowed industry associations to pool
CITA Expands Quota Exemption, but Not Enough…
The Committee for the Implementation of Textile Agreements sent a letter to Outdoor Industry Association and SnowSports Industries America informing the industry groups that it has revised the definition of ski and snowboard pants that are exempt from the
Pacific Sunwear Hopes for Summer to Spur Sales…
Pacific Sunwear of California, Inc. rode the strength of new stores to post a sales gain for the first quarter, but saw comps decline slightly. The good news is that warm weather categories performed well for the retailer as winter thawed and shoppers st
Warnaco Swim Has Tough Q1…
The Warnaco Group, Inc. posted net revenues of $466.3 million in the first quarter, up from $439.5 million in Q1 2005. Gross margin was 37.4% of net revenues, compared to 35.7% in the first quarter of fiscal 2005. Net income totaled $16.1 million, or 34
Billabong Appoints Skate Marketing Manager
Rodney Johnson has joined the Billabong team as Skate Marketing Manager. Rodney will be the driving force behind all skate efforts as Billabong launches a more intensive campaign into the market place. Johnson will also oversee the team management and eve
Broder Bros. Q1 Sales Pass $200 Million
Broder Bros., Co. saw first quarter net sales of $209.6 million compared to $197.7 million for the first quarter 2005. First quarter 2006 loss from operations was $(0.4) million compared to loss from operations of $(1.1) million for first quarter 2005. Fi
Rebel Sport NZ Comps Up 5.8% for Q1
New Zealand's Briscoe Group Limited saw sales of $82.4 million, being 10.53% higher than the $74.6 million reported for the same quarter of last year.
Rebel Sport sales increased 8.82% to $28.1 million. On a same store basis, Rebel Sport sales were
Small Business Health Care Blocked in Senate
The National Federation of Independent Business is reporting that a key vote in the U.S. Senate on S. 1955, “The Health Insurance Marketplace Modernization and Affordability Act of 2006,” garnered a 55-vote majority but not the 60 votes necessary to proce
EK Wins Lawsuit Against Chisco
In a Consent Judgment and Permanent Injunction entered on April 20, 2006, the U.S. District Court for the District of Utah has decreed that Chisco’s P2 Powercord eyewear retainer infringes on EK Ekcessories’ 3 Way Retainer Patent. All members of the Chis
Scott USA Taps Cannondale Vet for NE Sales Manager
SCOTT USA hired Bart Passanante as the North East Regional Sales Manager for the company. He comes to Scott with eight years of experience in the bicycle industry. Passanante started his career as a sales rep with Bell Sports in New York State, and joined
