SGB Update Outdoor
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
Winter Trails Adds New Sponsors
Columbia Sportswear, Sorel and Manzella gloves recently signed on to sponsor Winter Trails, one of the nation’s most extensive “introductory snow sports programs”. The sponsorships also support Winter Trails’ companion program, Winter Feels Good, the nati
Unifi Q1 Sales Up 3.2%; Net Loss Down to $5.7 Mil
For the company's fiscal first quarter ended Sept. 25, 2005, Unifi, Inc. posted net sales from continuing operations of $185.4 million. Sales rose $5.8 million or 3.2% from net sales of $179.6 million last year. Net income from continuing operations
Unifi Explores Options for Company Direction
Unifi, Inc. announced that its Board of Directors is exploring strategic alternatives to improve shareholder value, including expanding within the textile industry, restructuring outstanding debt, moving into non-textile businesses, merging or selling the
DeFeet Golf Increases Rep Force by Four
DeFeet Golf, a division of Global Tour Golf, announced that the addition of four sales representatives to its team. The new additions to the sales force include Roger Yago, covering Colorado and the Rocky Mountain region; Rob Schaefer, covering Texas and
NRF: End to Imported Goods Tax Deduction Will Cost $200 Billion to Consumers
NRF asked President Bush to reject a tax reform panel’s recommendation that would end the corporate tax deduction for imported goods, saying the move could cost consumers more than $200 billion. Bush was informed in a letter that $648 billion in general m
Escalade Sports Posts Q3 Sales and Income Declines
Escalade Sports reported that net sales for the third quarter were $49.7 million, down 16.5% from last year's $59.6 million. Net income attributed to the Sporting Goods business declined 19% for the quarter to $4.3 million from $5.3 million last yea
Everlast Wins Vendor MVP from Modell’s
Everlast Worldwide Inc. announced that it received the annual Vendor MVP Award from Modell's Sporting Goods…
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
