SGB Update Outdoor
Rocky Making Boots for Uncle Sam; Upgrades Outlook…
Rocky Shoes & Boots received a contract from the U.S. Military to produce “Hot Weather” boots for approximately $30 million. Shipment of the boots should start during Q4 with an estimated completion date of December 2006.
The company also reported that i
Reebok Takes a Q3 Hit on Shift from Classics……
Reebok International Ltd. continues to find ways to post positive numbers on a quarterly basis. In the second quarter, the company capitalized on a combination of one-time charges in the prior-year period and the acquisition of The Hockey Company to gene
ICON Sees Better Metrics in Usual Ways; Still Can’t Turn Profit…
ICON Health & Fitness posted stronger top-line results for the company’s fiscal first quarter ended September 3, but an income tax benefit in the year-ago period offset an otherwise positive development in the loss for the period. The loss before taxes a
Mueller Continues Its Patent Infringement Fight…
Mueller Sports Medicine has won a patent infringement lawsuit against Houston-based SportStar Athletics, defending their No Glare Strips in a federal court in Madison, Wisc. The jury found SportStar’s infringing actions to be willful, thus entitling Muell
Pair Nabbed in Swoosh Heist…
Two men from Kansas City, Kan. have been indicted by a grand jury in a case involving a truckload of 5,500 Nike athletic shoes that were stolen on Feb. 25, 2003. Darrell Lawson, 49, and James Peoples, 42, are charged with conspiring together to possess st
LaCrosse Footwear Moves into New Portland Digs…
LaCrosse Footwear, Inc. announced that it has signed a long-term operating lease for a new 145,000 square foot building in Portland, which will house its corporate headquarters and the distribution center for its Danner products. Construction is scheduled
The Sportsman’s Guide Will Again Beat Guidance…
For the fourth quarter in a row, The Sportsman's Guide, Inc. has raised its guidance from previous estimates. Net sales for the quarter ended September 30 are now expected to be in the range of $61 million to $62 million, compared with net sales of
Russell Corp. Stands Behind Chairman in Extended Deal…
Russell Corporation has extended the employment contract of chairman and CEO Jack Ward through at least March 2009. Mr. Ward will receive an annual base salary of $850,000, subject to annual review and potential increase, and also will be eligible to rec
Orange 21 Lowers Guidance; Acquires Manufacturer…
Orange 21 will purchase its Italian manufacturer, LEM S.r.l., subject to certain closing requirements. The purchase, several lawsuits, and a reduction in second half sales, have caused the company to restate guidance to the lower end of its previous estim
Timberland CIO, Brigham, Departs
The Timberland Co. confirmed that its CIO, Steve Brigham, will be leaving the company. His departure will be effective on October 31, 2005. Brigham succeeded Yusef Akyuz, who left Timberland in November 2000 to become CIO at The Stride Rite Corp. in Lexi
Report: African American Households Spend More on Sports Equipment but Go Out Less
African-American households are cutting back their spending in many categories, including food, clothing and basic household items, while investing more in home repair, home entertainment and consumer electronics. Among the products and services that show
VF Corp.’s Q3 Income Climbs 17% on Outdoor Strength
VF Corporation's third quarter net income increased 17% to $181.9 million from $155.4 million, with earnings per share rising 15% to $1.59 from $1.38. Outdoor business sales rose 14% in the quarter to $521 million from $457 million, with the newly ac
Berta Joins Hi-Tec as Sr. VP of Sales
Hi-Tec Sports USA appointed Bill Berta to the position of Senior VP of Sales. This is a homecoming of sorts for Berta, who previously worked in the role of Hi-Tec National Sales Manager from 1990-1995…
Lou Holtz Set to Open NSGA Management Conference
Lou Holtz will be the keynote speaker at the 42nd Annual NSGA Management Conference & 8th Annual Team Dealer Summit in San Antonio, Tx. Holtz will address more than 400 sporting goods industry leaders at the Conference/Summit’s opening session Monday, May
Rawlings/Worth Win Modell’s Vendor of Year Award
Rawlings and Worth, both brands under K2 Team Sports umbrella, have won Modell’s Sporting Goods “2005 Sporting Goods Vendor of the Year” for the second consecutive year.
The Sporting Goods Vendor Award, given annually to one company, is determined by the
