SGB Update Outdoor
Adams Golf Posts Q3 Loss on 7.0% Sales Decline
Adams Golf reported that total net sales for the three months ended September 30 decreased 7.0% to $10.2 million from $11.0 million for the comparable period of 2004.
The company posted a $404,000 operating loss for the 2005 quarter, compared to an oper
SIA: Ski and Snowboard Pants and Jackets Excluded from 2006 Quotas
The United States and China announced an agreement today to limit imports of certain apparel products from China over the next three years. The agreement explicitly excludes ski and snowboard pants from any import restrictions. It also places no limits on
Pony to Outfit the Harlem Globetrotters
Pony International, LLC, announced that they have signed the legendary Harlem Globetrotters to an endorsement deal in which the entire team, staff, and tour will be outfitted by Pony footwear and apparel. The two entities will partner up to create a uniqu
K2 Appoints Brass Eagle President
K2 Inc. announced the appointment of Gary Remensnyder as president of Brass Eagle, the worldwide leader of paintball markers, loaders, paintballs and accessories. Mr. Remensnyder, who has been senior vice president of sales & marketing of Shakespeare Fish
adidas Inks Three-Year Sponsorship Deal with UMASS
The University of Massachusetts Department of Athletics and adidas America have announced a three-year contract with 21 of UMass' 23 intercollegiate sports teams, through the 2008 fiscal year. adidas is the exclusive provider of all UMass uniforms, s
Sport-Haley in JV to Sell Top-Flite Apparel to Wal-Mart
Sport-Haley, Inc. and Explorer Gear USA, Inc., a California corporation have entered into a joint venture in order to manufacture and market Top-Flite branded apparel to Wal-Mart Stores, Inc. in the U.S. The joint venture is to be formed and operated as a
Sport Chalet Posts 12.7% Q2 Sales Jump
Sport Chalet, Inc. announced sales increased 12.7% to $81.7 million for the fiscal second quarter ended September 30, 2005 from $72.5 million for the same period last year, with sales from five new stores contributing $6.9 million, or 10.7% of the increas
Tennis Latest to Declare the Three-Stripes a Logo…
adidas' logo woes continue as the varied governing bodies of tennis agree that the three stripes is a manufacturer's logo subject to the space and size limitations of all logos. For the ITF and the Grand Slams, this declaration means that adidas
Callaway Seizes Thai Sticks; Extends Tour Golf Deal…
Callaway Golf Company confirmed that a recent police raid in Bangkok, Thailand, resulted in two arrests and the seizure of approximately $100,000 worth of counterfeit golf clubs and accessories. Acting on a complaint filed by attorneys representing Callaw
NGF: September Rounds Up Off 2004 Weakness…
The National Golf Federation reported that same-store rounds played in the U.S. were up 1.0% in September 2005 versus last year. The estimate is based on data from operators at 1,903 golf facilities. The resulting year-to-date total through September is s
If You’re Delta Apparel, Junkfood Can Be Healthy…
Delta Apparel saw the acquisition of Junkfood Clothing help to boost sales in the company’s fiscal first quarter ended October 1, benefiting from the acquisition of the brand half-way through the quarter. The company also underwent a bit of restructuring
The Sportsman’s Guide Sees Margin Improvements Help the Bottom Line…
The Sportsman's Guide, Inc. anniversaried its acquisition of The Golf Warehouse in its most recent quarter, with total net sales of $61.5 million, compared to $57.0 million for last year's third quarter. The nearly 8% increase in consolidated ne
Jarden Lays Out Plans for Transformation of Coleman…
Jarden Corporation, parent company of Coleman, last week hosted an analyst meeting, which focused primarily on the Outdoor Solutions segment and Coleman’s business strategy moving forward. Jarden acquired Coleman just over a year ago, appointing Gary Kie
Nordic Walking Expansion Efforts Slow Exel’s Profits…
The Exel Group’s Sport division saw net sales declined slightly due to increased competition in the Nordic walking market in Europe, while profits took a hit from their investment in expanding the category into China, Japan, and North America. Third quart
Salomon Q3 Operating Profit Up on Declining Sales…
The Salomon brand was a bit of an orphan child in the third quarter, as the business transitioned from adidas-Salomon to Amer Sports at quarter-end. Amer Sports did not close the deal until mid-October, and the newly named adidas Group moved quickly to m
