SGB Update Outdoor
Adams Golf Sees Drivers Gain Offset by Irons and Fairway Woods, Can’t Keep Business on Par…
Adams Golf saw third quarter weakness in two categories lead to an increase in cost of sales and a resulting 440 basis point gross margin decline, forcing net income to dip below the break-even line for the period.
Total net sales declined 7.3% to $10.2
Sport-Haley in JV to Sell Top-Flite 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
Mossimo Deal Now Off Again…
In a story that’s had more twists and turns than a J.Lo engagement, the third party that had submitted an unsolicited proposal indicating an interest in pursuing a business combination with Mossimo Gianulli in the acquisition of Mossimo Inc. has decided t
Golf Town Looks to New Stores to Offset Lack of New Product…
Canadian golf-specialty retailer, Golf Town followed up a record second quarter with a decent third, but felt that much of the record second quarter was due to sales that would normally have occurred during Q3. Nonetheless, the company still saw its pre-
Profit Growth Outpaces Q3 Sales Gains at The Buckle…
The Buckle saw a large gross margin gain during the third quarter ended October 29 cover ground lost on a slight comparable sales decrease and SG&A expense increase. The margins gain, coupled with a low-singles net sales increase, prompted a low double-d
Timberland Snags SmartWool in $82 Million Deal…
In the second significant outdoor industry acquisition in as many weeks, Timberland inked a definitive agreement to purchase all of SmartWool’s outstanding stock from two private equity investment groups for roughly $82 million in cash. SmartWool’s 2005
China Quota Battle May be Drawing to a Close…
The U.S. and China announced a comprehensive, three-year agreement on the import of textiles and apparel. The quotas established under the agreement are similar to quotas that would have been imposed if China textile safeguards were invoked but quotas on
Feehan Replaced as Confluence Chef Executive…
Confluence Holdings issued a statement last week regarding changes to the company's executive team. Effective Thursday, November 3, 2005, Robert Sharp, Chairman of the Board of Confluence Holdings Corp., has assumed operational responsibilities of Co
OIA: Equipment Sales Shift to e-Commerce…
The overall retail environment is changing quite dramatically, according to OIA’s most recent Top-Line Retail Audit, but these changes do not appear to effect specialty retailers in any negative way. The most profound changes are clearly driven by two pr
Intrawest Sees Upside in Non-Ski Activities…
Intrawest reported increased first quarter revenue from their mountain segment, which grew by 12%, led primarily by Whistler Blackcomb and the growth in its mountain bike park. Intrawest Retail Group also contributed significantly due to operating eight a
Orange 21 Third Quarter Sales Climb 8.4%
Orange 21 Inc.'s net sales for the third quarter of 2005 increased 8.4% to $10.8 million compared to $10.0 million in the third quarter of 2004, meeting the high end of the Company's previously announced estimate. The Company reported net income
Mossimo Posts 38.8% Sales Jump During Q3
Mossimo, Inc. reported a 38.8% increase in third quarter 2005 total net revenues to $6.8 million from $4.9 million for the same period last year. Net earnings for the quarter were $637,000 compared to net a net loss of $125,000 for the same period last ye
Royal Robbins Appoints New Western Sales Rep
Royal Robbins has appointed outdoor apparel sales veteran Scott Duer as its sales representative in Utah and Wyoming and seasoned sales pro Michael Stepanek as the new rep for the territory of Colorado and New Mexico. Duer has been a sales rep in the out
Clif Bar Honors Green Ski Resorts and Launches Wind Power Initiative
Clif Bar & Co. is launching a nationwide campaign this winter to help ski resorts, skiers and snowboarders combat global warming, which threatens to reduce snowfall and jeopardize winter sports for years to come. Clif Bar will be a partner in the 2006 Gol
Shoe Pavilion Makes Big Q3 Income Gains Off Small Base
Shoe Pavilion, Inc. announced comparable store net sales increased 7.8% for the third quarter ended October 1, 2005 from the same period last year. Net sales for the third quarter ended October 1, 2005 increased 20.1% to $24.8 million from $20.7 million f
