SGB Update Outdoor
Product Manager, Men’s Apparel — Burton
Burton, Inc. is seeking a Product Manager – Men’s Apparel to be responsible for conceptualizing product lines that fit within the market, coordinating with team riders, sales and marketing departments on the development and production of the men’s
Stride Rite Second Quarter Sales Slip 3% on Keds and Hilfiger Weakness
The Stride Rite Corporation reported financial net sales for the second quarter of fiscal 2005 decreased 3% to $159.6 million from $165.0 million in the comparable quarter in fiscal 2004. Operating income in the second quarter of 2005 was $18.2 million, a
Sporting Goods See Second Straight Month of Improved Sales
The Monthly Retail Trade Survey, prepared by the U.S. Census Bureau, reported sales in sporting goods stores of $2.61 billion (preliminary) for the month of April, up 13.3% from the $2.3 billion in April 2004. The increase follows a 5.0% increase in March
Reorganization Plan Puts Huffy Under Chinese Control
Huffy has reached an agreement in principle on a Plan of Reorganization with the China Export & Credit Insurance Corporation and Huffy's primary suppliers, referred to as the “Sinosure Group,” and the Official Unsecured Creditors Committee. The agree
Sport Chalet Fiscal 2004 Sales Climb 17% on 5.7% Comp Increase
Sport Chalet fiscal year ended March 31, 2005 sales increased 17.0%, from $264.2 million last year to $309.1 million this year. The increase is the result of opening five new stores this year and three last year, as well as a same store sales increase of
Amer Sports Appoints Suunto Oy President
Amer Sports has appointed Juha Pinomaa as president of Suunto Oy effective September 1, 2005. Juha has made an extensive career in Nokia Mobile Phones, where he has during the past 17 years held several executive positions in general management, internati
NRF Takes Steps to Eliminate Organized Retail Theft
In continuation of its efforts to fight organized retail theft, the National Retail Federation (NRF) recently conducted a survey to gauge the impact that this type of crime is having on the retail community. The first of its kind, the survey polled 41 sen
Nike Q4 Earnings Up 15% on 7% FX Rate-Aided Sales Gain
Nike, Inc. reported fiscal fourth quarter revenues increased 7% to $3.7 billion from $3.5 billion for the same period last year. FX rate changess account for three percentage points of the growth. Fourth quarter net income was up 15% to $349.5 million, or
Finish Line to Focus More on Efficiencies as Comps and Top-Line Growth Moderate…
The Finish Line may have seen their best quarters of top-line growth behind them now as the athletic specialty retailer starts to settle into the reality of more moderate comparable store sales gains and focus on operational efficiencies as the main drive
The Sportsman’s Guide Pulls Secondary Offering; Will Re-State Earnings…
Sportsman’s Guide pulled its planned secondary offering of shares, citing “uncertain market conditions.” The company had filed the S-3 registration papers with the SEC in early May for a proposed public offering of 2,500,000 shares of its common stock for
OIWC Hosts Chillfest Following OR Summer Market
The Outdoor Industries Women’s Coalition will host outdoor industry women at the Wasatch Mountain Club Lodge for relaxation, rest, revival and networking. The retreat will take place August 14-16, 2005, and will begin immediately after the close of the Ou
Nordica Appoints Pachmayer as New Midwest Rep
Nordica USA appointed Nick Pachmayer to the Nordica sales force. Pachmayer will assume the position of Sales Representative in the Western Great Lakes region of the Mid-West covering the following states: ND, SD, NE, KS, MN, IA, MO, IL, WI and the MI Uppe
Downing and Associates Wins Arc’Teryx Rep Award
Arc’Teryx awarded Rocky Mountain-based Downing & Associates with its annual award for best North American rep group. The sales team of Mike Downing, Jeremy Hensel, and Brandon Carlile were recognized for their outstanding performance and presented with a
Timberland Wins Silver IDEA Award
The Timberland Company today accepted a Silver 2005 Industrial Design Excellence Award for its Timberland TravelGear collection. The award, sponsored by The Industrial Designers Society of America and BusinessWeek, is given to companies that display super
The Adventure Travel Market Starts to Pick Up Steam…
While many Outdoor companies were able to capitalize on the growth of the military business the last few years, the adventure travel industry has felt the opposite effects since 9/11. Recently, this trend seems to be reversing itself, leaving many milita
