SGB Update Outdoor
SGMA Opposes 2nd Annual PEP Budget Cuts
Just as he did last year, the President has recommended the elimination of the Carol M. White Physical Education Program (PEP) by 2008. The 2007 budget proposes only $26.4 million for PEP, the amount needed to fund previously-awarded, multi-year PEP grant
K-Swiss Gets Europe Help to Offset the Classic Downturn in Domestic Market…
K-Swiss Inc. saw its reliance on its classics positioning take a bite out of its U.S. business in the fourth quarter, but the top-line came in slightly above the company’s guidance thanks to continued strength in the international business and better-than
Brine Signs Clemens to Soccer RandD Team
Brine, Inc. signed an agreement with Mandy Clemens to join the Brine Soccer R&D Team. The 27-year-old San Diego native and Santa Clara University graduate will be prominently featured in Brine advertising, including their “Find Your Game” campaign. In add
SGMA Board Sees New Faces; Leadership Shifts…
During the recent and final Super Show, the SGMA made several changes to its Board of Directors. Richard Bourne, the COO & president of Asics America, Paul Ehrlich, the general counsel at adidas America, and Chris Considine, the president of Wilson Sport
Tod Swank, Owner of Tum Yeto, Acquires Watson Laminates
Watson Laminates has been acquired by Tod Swank, founder and owner of Tum Yeto, Inc., home of Foundation Skateboards, Toy Machine Bloodsucking Skateboard Company, Dekline Footware and Apparel, Pig Wood and Wheels, Ruckus Trucks and Deathbox Skateboards. T
December Weak at Golf Courses Across the Country…
The National Golf Federation reported that same-store rounds played in the U.S. were down 8.1% for December 2005 versus the same month last year. The estimate is based on data from operators at 1,573 golf facilities. The decrease for the month was enough
Outdoor Coalition Again Drives VF Corp. Gains…
VF Corporation continued to capitalize on the success of its Outdoor Coalition during the 2005 fourth quarter, with total revenues climbing 23% to $343.9 million compared to $279.9 million last year. The division was driven by growth across nearly all ODC
Sport Chalet Sales Increase on Difficult Comparison…
After experiencing a very strong snow season in California last year and reporting one of its most successful winter seasons ever, Sport Chalet was able to maintain some slight growth against some very difficult comparisons. The company reported a 3.7% sa
adidas Chief Sees Performance Opportunity for Reebok Brand…
Speaking via satellite video at the first global investor conference at the WSA show, adidas Group Chairman and CEO Herbert Hainer said he felt Reebok could be positioned as more of a performance brand than it has recently. He was responding to questions
K-Swiss Q4 Earnings Fall on Domestic Sales Weakness
K-Swiss Inc. net earnings for the fourth quarter of 2005 were $11.6 million or 33 cents per diluted share, compared with $15.6 million or 43 cents per diluted share, in the prior-year. For the fourth quarter of 2005, total worldwide revenues increased 4.5
Timberland Fourth Quarter Sales and Earnings Inch-Up
The Timberland Company reported fourth quarter net income of $46.9 million and diluted earnings per share of 71 cents, compared with fourth quarter 2004 net income of $45.0 million and diluted EPS of 64 cents. Fourth quarter revenue increased 2.3% over st
SIA.06 Wraps-Up; Attendance on-par with Last Year
As the SIA.06 SnowSports Show culminated on Thursday, January 26th, marking the conclusion of yet another successful year for attendees at the SIA SnowSports Trade Show. SIA reported that buyer attendance was on par with last year recording 4,725 buyers f
Oakley Launches New Multi-Brand Growth Strategy
Oakley, Inc. announced several strategic initiatives it believes will position the company for sustainable revenue growth, improved long-term earnings growth and return on investment. Within the context of those strategic initiatives, the company also pro
Royal Precision Owners Looking for Strategic Alternatives
Royal Associates, Inc., 100% owner of Royal Precision, today reports that it is seeking strategic alternatives to increase shareholder value. Royal Precision has substantially completed its plan to increase productivity and anticipates increased efficienc
Buff Headwear Plans U.S. Warehouse; Launches U.S.-Specific Catalog
In a move that will allow Original Buff Headwear to be more responsive to its U.S. dealers as it expands the brand in North America, the Barcelona-based manufacturer of the world’s most versatile performance headwear will begin warehousing products in the
