SGB Update Outdoor
Oakley Appoints Shields as CFO
Oakley, Inc. announced the appointment off Richard J. Shields, CPA, as its chief financial officer. Mr. Shields, 48, will be in charge of the company's finance and accounting functions bringing more than 20 years of senior financial experience to his
Quiksilver Cuts 2006 Earnings Outlook on Accelerated Integration and FX Rates
Quiksilver continues to expect revenues between $582 million and $592 million and diluted EPS of approximately 26 cents to 27 cents for the fourth quarter of fiscal 2005. For FY 2005, the Company reaffirmed its outlook of revenues between $1.73 billion an
Zumiez Shareholders to Sell 1.85 Million Shares
Zumiez filed a registration statement with the Securities and Exchange Commission for a proposed offering of 1,850,000 shares of common stock. Selling shareholders will offer all 1,850,000 shares in the proposed offering, and none of the proceeds will go
Timberland and Don Cheadle Team Up to Fight Genocide
Academy Award nominee Don Cheadle and The Timberland Company announced the creation of a limited edition “Save Darfur” boot, t-shirts, and hangtags to raise awareness of the crisis in the region and to inspire civic and political action to help stop the g
Sears Appoints New Executives to Team; Padilla Exits
Sears Holdings appointed a team of executives that will lead marketing, strategy, and Lands' End, reporting to Chairman of the Board Edward S. Lampert. Maureen McGuire will assume the position of EVP and chief marketing officer for Sears Holdings. Co
Dick’s Sporting Goods Featured on ‘The Apprentice’
Dick's Sporting Goods will be one of this season's companies featured on NBC's hit reality show “The Apprentice.” The hour-long episode is scheduled to air on October 27th, and will challenge the two high-energy teams
to create an in-store
K2 Third Quarter Earnings Climb 26.5% on 2.1% Sales Increase
K2 Inc. net sales for the third quarter ended September 30, 2005 were $340.4 million versus $333.5 million in the prior year. GAAP diluted earnings per share were 32 cents in the third quarter of 2005 as compared to 26 cents for the third quarter of 2004.
Two Men Indicted for Theft of 5,000 Nike Shoes
Two men from Kansas City, Kansas have been indicted by a grand jury in a case involving a truckload of 5,000 stolen Nike athletic shoes. Darrell Lawson, 49, and James Peoples, 42, are charged with one count of conspiring together to possess stolen goods t
Everlast Expands License in Sports Medicine Products
Everlast Worldwide has expanded its relationship with M&M Fitness Equipment, Inc. by signing a licensing agreement for the launch of Everlast-branded neoprene and elasticized joint braces and wraps for sports and exercise use as well as for use in recover
Intrawest Makes Several Personnel Moves
Intrawest Corporation announced that Gary Raymond will resign from his position as head of Intrawest Placemaking and will be replaced by Drew Stotesbury, chief financial officer of Intrawest Placemaking, on an interim basis. Intrawest also announced that
Mueller Sports Wins Patent Infringement Suit
Mueller Sports Medicine has won a patent infringement lawsuit defending the company’s No Glare Strips. A federal court jury in Madison, Wisconsin recently ruled for Mueller against Houston-based SportStar Athletics, also finding SportStar’s actions to be
adidas Management Lays Out Key Priorities at its Annual Investor Conference…
There were a few hints about how adidas-Salomon will start to function as it sheds the Salomon business and moves forward with the acquisition of Reebok. The company will start to look a lot more like its primary competitor in Beaverton, with both sporti
TJX Takes Steps to Fix Business; Will Reposition Bob’s Stores as Original Casual Superstore…
Ben Cammarata, chairman and acting CEO of TJX Companies, last week laid out his vision for what needs to happen to turn business around for the off-price retailer. The changes include an exit from its e-commerce business and some repositioning of its sma
British Retail Weakness Takes its Toll on JJB Sports…
JJB Sports, one of the U.K.’s largest sports retailers, announced its interim results for the 26 weeks to July 31, 2005. Revenue dropped 6.2% to £340.4 million ($637.6 mm) while operating profit fell 35.8% to £17.6 million ($33.0 mm). Same store sales wer
Huffy Corp. Emerges from Chapter 11…
Huffy Corporation has emerged from the Chapter 11 reorganization process after almost 11 months under the court’s protection. The company officially concluded the reorganization process after completing all required actions and satisfying all remaining co
