SGB Update Outdoor
As Deckers Lays Out Broader Vision for Teva and UGG…
Deckers CEO Angel Martinez would probably beg to differ with that girl on the panel as well, and did a solid job providing the ICR crowd with his vision for the Teva, UGG, and Simple brands. Martinez, the former Rockport and Reebok exec that was part of
Rocky Sees EJ Take Up More Business…
Rocky Shoes & Boots said that outdoor footwear is now only 22% of the total business, down from 55% of the total, thanks to the acquisition of EJ Footwear. The company will also start to roll out more apparel for all of its brands. Rocky brand outdoor a
VF and Genesco Plan Aggressive Door Growth…
VF Corp. expects to continue to gain efficiencies as it integrates its various acquired businesses, but now expects those synergies to extend beyond the intra-coalition benefits they have been focused on to-date. Genesco talked about its five-year plan,
Reebok: adidas Deal Could Close Before Month-End
Reebok International Ltd., in order to comply with its obligation to provide notice of the proposed effective date of a merger under the terms of certain debt facilities, has filed with the respective trustee of each facility that the merger of the compan
Big 5 Warns on Q4 DC Costs…
Big 5 Sporting Goods Corp. reported that net sales for its 13-week fourth quarter ended January 1 were $217.1 million, versus net sales of $217.6 million for the 14-week fiscal 2004 fourth quarter. Same-store sales, based on a comparable 13-week basis fo
Forzani Continues Momentum; Holiday Comps Jump
Following extensive remodeling at Forzani’s Sport Chek and Coast Mountain retail stores, and an aggressive advertising campaign to support the new banners, the company reported holiday season total retail system sales were up 21.1%. Excluding the recentl
Fortune Magazine Again Sees Sporting Goods as a Good Place to Be; REI Breaks the Top 10…
The Sporting Goods industry was once again shown to be a good place to work as Fortune Magazine released its list of the “100 Best Companies to Work for in America” with four sporting goods manufacturers in the Top 100 and two in the Top 10. W.L. Gore &
Phoenix Footwear Reduces Altama Stock Purchase Price After Weak Performance…
Phoenix Footwear Group and its wholly-owned subsidiary, Altama Delta Corporation, entered into an agreement with W. Whitlow Wyatt, former chairman and CEO of Altama, which modified the terms of the Stock Purchase Agreement dated June 15, 2004 through whic
Stride Rite Needed Saucony to Stay Positive in Q4…
The Stride Rite Corporation saw their acquisition of Saucony provide the company with positive revenue growth in the fiscal fourth quarter ended December 2, a quarter that was also impacted at the owned-retail level by an additional week in the year-ago p
Wood to Head Under Armour’s International Unit…
Under Armour has opened its European HQ in Amsterdam's Olympic Stadium, originally built to host sports competitions during the 1928 Olympic Games. Ryan Wood, one of the early partners in the creation and success of the company, has been appointed p
Nike, Inc. Bumps Five to VP…
Nike, Inc. has promoted three executives to vice president positions for the Nike brand and has also appointed a new chief information officer and a communications chief for the corporation. David Heath, who has been with Nike for 15 years and has served
Bob’s Stores Creditors Have Seen Almost 98.5% Return…
Joseph Myers, a partner and managing director of Clear Thinking Group LLC and Liquidating Trustee for BSI Holding Co., Inc., which was formerly known as Bob’s Stores, announced that final disbursements of 13.5% have been sent to BSI’s general unsecured cr
Early Snowfall Has Clear Impact on Both Chain and Specialty SnowSports Retail…
If there were any remaining doubts concerning the 2005-2006 SnowSports season, they are surely laid to rest after two strong early season months at retail and continued snow throughout the Sierras, Cascades, Rockies, and Northeast. Even the few resorts i
Recall: Hurley International
The U.S. Consumer Product Safety Commission, in cooperation with Hurley International, announced a voluntary recall of 330 Boy's Windbreaker Jacket with Drawstring. The jackets have a drawstring through the hood, posing a strangulation hazard to chil
Scarpa is Ready for North American Solo Debut…
For years Scarpa and Black Diamond were virtually interchangeable and both brands were competing for the number one spot in their respective categories. However at OR Summer Market, the two brands announced that they would separate. At the initial time of
