SGB Update Outdoor
adidas Sees Even Bigger Gains from Reebok Acquisition…
The adidas Group is just six months into a process that is expected to deliver even more upside potential for the company, but management last week unveiled a string of new initiatives and cost-saving opportunities that enabled the company to raise estima
DSW Expects to Get More from Less in 2006…
DSW Inc. is projecting higher sales per square foot as the retailer moves forward with new smaller format stores that are helping DSW get closer to its goal of $300 per square foot annually chain-wide. DSW generated about $217 per square foot in 2005, w
Escalade Sports Helps Company as a Whole…
Escalade, Inc. saw a turnaround in its Escalade Sports division more than compensate for a sales decrease in its Martin Yale office products division. For the first quarter, the entire company posted a 10% net sales increase to $32.8 million from $29.8 m
Callaway Golf Shares Fall on Q1 Earnings Guidance…
Callaway Golf Company shares fell 11.2% last week to close at $15.15 on Friday after the company issued revised first quarter sales and earnings guidance that fell short of Wall Street expectations. ELY is estimating that first quarter earnings per share
Antigua 2005 Net Income Down Despite Revenue Gain…
Antigua Enterprises Inc. saw net sales increase 5.1% to $45.9 million for the year ended December 31 from $43.7 million in the prior year. Gross margins declined 50 basis points to 37.7% of sales from 38.2% of sales in the prior year. Net income slipped
Spy Optics Appoints New VP of Marketing
Spy Optic, Inc., a wholly owned subsidiary of Orange 21 Inc. appointed Fran Richards as Vice President of Marketing. Mr. Richards joins the Company with over 20 years of action sports and youth culture marketing experience. Prior to joining Orange 21, Mr.
Trademark Case Against Converse Reinstated
The Fifth Circuit Court of Appeals panel agreed to reinstate a trademark infringement and trademark dilution lawsuit filed by Alpha Kappa Alpha and Delta Sigma Theta Sororities and Alpha Phi Alpha, Kappa Alpha Psi, Omega Psi Phi, and Phi Beta Sigma Frater
Outside Magazine Names Gear of the Year Winners
After months of rigorous field-testing, Outside announced the 2006 winners of the magazine's Gear of the Year awards. The 15 winning products—from mountain bikes, surfboards, and kayaks to digital cameras, GPS units, and sunglasses—represent the very
Berkshire Hathaway to Acquire Russell Corp.
Russell Corporation and Berkshire Hathaway Inc. have executed a definitive Merger Agreement for Berkshire Hathaway to acquire Russell Corporation. Under the terms of the Merger Agreement, Russell Corporation stockholders will receive $18.00 per share in c
Under Armour Offers Glimpse at Cleated Footwear Line
Under Armour revealed its cleated footwear line. Slated for retail launch beginning June 3, 2006, Under Armour Performance Footwear is the latest development from the company April 15th will be the first time that consumers will be able to view mod
Spira Offers $1 million to Boston Marathon Winner
Spira Footwear is offering anyone who can win the Boston Marathon in their shoes a $1 million prize, paid out over the course of 20 years. During an interview on Forbes.com, company CEO David Krafsner said that so far two Kenyan runners are the only ones
HO Sports Adds New Marketing Faces
Ryan Lamos has joined the HO Sports Co, Inc. team as Field Marketing Manager and Dave Wingerter as HO Ski Product Marketing Manager. Ryan will be based in Orlando and in his new role he will also serve as team manager for Hyperlite Wakeboards and Wakeskat
Antigua Sales Increase 5.1% for 2005
Antigua Enterprises Inc. saw net sales for the full fiscal year increase 5.1% to $45.9 million from $43.7 million the year before. Net income, however, slipped 11.5% to $2.1 million from $2.4 million one year ago. Diluted earnings per share reflected th
GBMI Sells Stake in Pony to Hong Kong Firm
Global Brand Marketing Inc. sold its majority interest in Pony International, LLC to Sharp Gain Profits Limited, a member of the Symphony Holdings Group based in Hong Kong. In addition, the two other entities with interests in Pony, including The Firm Sho
Escalade Sports Sales Jump 42% in Q1
Escalade, Incorporated saw first quarter net sales of $32.8 million, a 10% increase compared to the year ago quarter. Net income rose 18% to $1.4 million or 11 cents per share versus 9 cents in the year ago quarter. Net sales at Escalade Sports increased
