SGB Update Outdoor
Mervyns Will Shutter 25% of Doors in Move to Profitability…
The mid-market retailer based in the San Francisco Bay area will see about 4,800 employees affected by its plans to focus its energies on markets where it is most profitable. The 62 under-performing stores targeted for closure represent about 25% of the
ICON Year and Quarter Suffer on U.S. Decline; Posts Loss for Fiscal Year…
ICON Health & Fitness said the decline in fiscal fourth quarter and full year sales was due primarily to “a consolidation of customers in the department store channel of distribution, the timing of buying patterns in that channel and a decline in the dire
NRF Sees Potential Impact on Rail Shipments from Katrina…
The devastation at the Port of New Orleans from Hurricane Katrina isn’t expected to have a major impact on the maritime shipment of retail goods, but the natural disaster could cause slowdowns in railroad operations that will cause longer shipping times f
Hibbett Sees 10% of Stores Affected by Katrina; Only Three Lost…
Hibbett Sporting Goods, Inc. lost a total of three stores due to Hurricane Katrina and will be assessing insurance claims related to those stores. One of these stores is expected to re-open within the next six to eight weeks. An additional seven stores ar
K2 will “Wait and See” on Acquisitions…
At the recent Roth Capital Partners New York Conference in Times Square, K2 Inc.’s CEO Dick Heckman gave investors and the media some insight into the company, it’s acquisition strategy and the on-going integration efforts. With nearly every category in s
Columbia Shows Off at MAGIC…
Columbia Sportswear gave investors and the media a peek into their future plans regarding marketing, international expansion and acquisitions at the recent MAGIC trade show in Las Vegas. COLM president and CEO Tim Boyle reiterated the feeling that privat
Military Tent Contract Up for Grabs…
Johnson Outdoors, Base-X Expedition Shelters, DHS Systems LLC, and Alaska Structures Inc. have been tapped for a single military contract covering a variety of shelters, trailers and other military supply components. Total combined orders under the new co
Shimano First Half Sales Flat…
Shimano’s second quarter did not meet expectations, with sales only climbing 1.4% to ¥42.5 billion ($395.9 mm) compared to ¥41.9 billion ($383.1 mm) last year.
Sales of bicycle components accounted for 70.7% of sales, or $279.9 million, a 1.6% increase o
Big 5 to Remain Listed on Nasdaq
Big 5 Sporting Goods Corporation received a determination from the Nasdaq Listing Qualifications Panel (the “Panel”) to continue the listing of the Company's common stock on the Nasdaq National Market following the Company's filing of its Annual
Outdoor Research Hires Rosenstein as Sales Director
Outdoor Research hired Dave Rosenstein as Director of Sales for the Eastern US. Rosenstein will work directly with the New England, Mid Atlantic, Southeast and Great Lakes territory reps. He will be based in New York to best serve the territory needs and
TaylorMade-adidas Golf Appoints Three Executives
TaylorMade-adidas Golf Company has added three executives to strengthen its U.S. sales and service team. David Gibbons, formerly a CEO at MacGregor Golf, has been hired as SVP/GM of TM-aG. Doug Holt, formerly the national sales manager at Spalding and di
Leadership Change at Ski Utah
The executive board of Ski Utah/Utah Ski & Snowboard Association today decided to change the leadership of the association effective immediately. A nationwide search for a new executive director will be conducted.
Umbro Swings to Profit in First Half; US Sales Double
Umbro plc reported that total wholesale equivalent sales, which is the Group’s buy/sell sales plus the wholesale value of licensees’ sales, for the first half declined 10.1% to £175.4 million ($329 mm) from £195.1 million ($356 mm) in H1 2004. Umbro post
Collegiate Pacific Fiscal Year Net Doubles; Acquires Sport Supply Group
Collegiate Pacific Inc. has executed a definitive merger agreement to acquire the remaining outstanding shares of Sport Supply Group, Inc. Fiscal year revenues were up 169%to $106.3 million, due primarily to acquisitions.
Net income doubled to $3.8 mi
Aldila Adds Creamer to Advisory Staff
Aldila has added LPGA Tour player, Paula Creamer, to its Advisory Staff. Paula Creamer, age 19, one of the game's hottest prospects and a two-time winner on this year's LPGA Tour. She joins an Aldila Advisory Staff that includes Nick Price, thre
