SGB Update Outdoor
Columbia Inks Women’s Belts License
Columbia Sportswear Company has signed a license agreement with Another Line, Inc. for the design, manufacturing, and marketing of a new line of outdoor, active women's belts. The new product line features a wide variety of belts that includes leathe
Callaway Sees Stronger Q2 Sales; Will Miss Street EPS Estimates
Callaway Golf Company is estimating that, based on current information, net sales for the second quarter ended June 30, 2005 will be approximately $323 million, with corresponding earnings per diluted share ranging from 25 cents to 27 cents per share. ELY
Goehrig Named President of Franklin Resource Group
Marty Lillis, founder of Franklin Resource Group, has announced that board member and industry veteran, H. Peter Goehrig is assuming the position of president of the company. Goehrig and Lillis have worked together in various capacities for over a decade
Mammut Names New Brand Manager
The Mammut Sports Group AG has a new Brand Manager for its mountain sports brand, Mammut. Jürgen Schütte started working at the head office in Switzerland on the 1st of July. Mr Schütte comes from the K2 Sports Europe Group where he worked for 13 years in
Lotto Sport Italia Inks First Division Soccer Sponsorship
Lotto Sport Italia and Udinese Calcio, Friuli’s first division football team have inked an official sponsorship agreement. As a result of this new synergy, Lotto will be the Club’s new “Technical Sponsor and Official Supplier” and “Official Sponsor” until
Cutter and Buck Fiscal Q4 Net Income Halved on 9% Sales Decline
Cutter & Buck reported that net income for the fiscal fourth quarter ended April 30 was $2.8 million, or 25 cents per share, on sales of $34.9 million. Those results reflect a 50% decline in net income and a 9% decrease in net sales. Sales were down in C
Zappos.com Receives an Additional $15 million Investment
Zappos.com received an additional $15 million round of equity funding from Sequoia Capital. The funds will be used to support the company's rapid sales growth and to improve the customer experience. Zappos.com is expecting to surpass $300 million in
Specialized Forms Spanish Subsidiary
The Spanish bicycle and parts distributor, Dirt Racing, entered into a partnership with Specialized Bicycles to establish a new Specialized subsidiary, Specialized España S.L. The new company will be headquartered in Madrid and led by partner and Managing
Doug Martin launches Blue Room Sports
Doug Martin has formed Blue Room Sports, Inc., a marketing and communications company serving the cycling and sports’ industries. For Martin, who has held executive marketing and sports marketing management positions within the cycling industry for over
Zumiez June Comps Climb 10.7%
Zumiez total net sales for the five-week period ended July 2, 2005 increased 29.4% to $15.3 million, compared to $11.8 million for the five-week period ended July 3, 2004. The company's comparable store sales increased 10.7% for the past month, versu
West MArine Q2 Comps Fall 3.5% on Weakness in the North and West
West Marine net sales for the second quarter were $253.5 million, an increase of 0.4% from net sales of $252.6 million a year ago. Comparable store sales for the second quarter of 2005 decreased 3.5%, compared to a comparable store sales increase of 4.6%
Volcom Closes IPO; Raises $89 Million
Volcom announced the close of its initial public offering of 4,687,500 shares of common stock at a price of $19.00 per share and the simultaneous close of the underwriters' over-allotment option to purchase an additional 703,125 shares of common stoc
JJB Sports Reports 9.4% YTD Comp Sales Decline
JJB Sports reported that total Group revenues, including health clubs, for the 22 weeks ended 3 July 2005 were down 8.9% from the comparative period last year and included a 9.4% decline in comparable store sales. JJB said the results were affected by th
G.I. Joes Partners with SelfService to Launch New On-Line Guide Portal
G.I. Joe’s has joined with SelfService Systems, Inc. in a partnership that will expand the use of the successful Team G.I. Joe’s certified fishing and hunting guide program through AdventuresExpress.com, a new online outdoor travel and gear sales portal..
Retek Parent Oracle to Acquire ProfitLogic
Oracle Corporation and ProfitLogic, Inc. have announced a definitive agreement for Oracle to acquire ProfitLogic, a privately held provider of Retail Profit Optimization solutions. ProfitLogic's software analyzes customer demand patterns to help reta
