SGB Update Outdoor
GBMI Appoints SVP of Global Product Development
Global Brand Marketing, Inc. announced the promotion of Andrew Tate to senior vice president of Global Product Development. Tate will oversee all aspects of product development for footwear for all of GBMI’s brands, as well as in footwear licensing in reg
Hurricane Katrina: The Impact and the Aftermath…
When Hurricane Katrina hit the gulf coast last week it was first assumed that New Orleans had lucked out as the storm moved east and hit the Mississippi coast head on. As we all know by now, the subsequent flooding of the city of New Orleans, the effect
Embargo Negotiations Stall in Beijing; Katrina Delays Talks…
As BOSS reported last week (BOSS_0535) the Department of Commerce in late June placed quotas on apparel imports from China. Those quotas, which were quickly filled when larger vendors and retailers aggressively moved to secure deliveries, have now
Forzani Posts Q2 Loss on Repositioning Charges; Sees Strong BTS Results…
The Forzani Group experienced a solid fiscal second quarter at retail with positive comps in both corporate and franchise stores. The retail increase was partly due to the inclusion of Nevada Bob's franchise retail sales and the National Sports corp
Kellwood Sees Q2 Strength in Outdoor Brands…
Kellwood Company, parent company to Kelty, Sierra Designs, and Slumberjack, reported relatively flat top-line sales during the second quarter, but the bottom line slipped into the red due to extensive restructuring charges. The restructuring did not have
Ashworth Gets Lift from Gekko to Post Fiscal Q3 Sales Gain, While Department Stores Eat into Bottom Line…
Ashworth, Inc. saw continued weakness in its domestic golf channel business in the fiscal third quarter ended July 31, but is also starting to learn the lessons of increased distribution in the department store channel as heavy markdown allowances attribu
Western States Take USFS to Court Over Roadless Rule…
California Attorney General Bill Lockyer and Patricia Madrid, Attorney General of New Mexico joined Oregon Governor Ted Kulongsoki in a lawsuit filed in U.S. District Court in California against the U.S. Forest Service to restore protection for wild fores
Antigua Sees Q2 Income Fall…
A 3.0% sales gain for the second quarter was not enough to prevent a sharp drop in the bottom line for apparel manufacturer Antigua Enterprises, Inc. Sales increased for the quarter to $13.2 million from $12.8 million last year.
Despite the sales gain, g
BIC Sport North America to Distribute Surf Line
BIC Sport North America, Inc. will distribute the BIC Surf product line in North America, including USA, Canada and the Caribbean with a launch at the coming Surf Expo in Orlando, Fl. This is another step in the transition of the distribution of BIC Sport
Colassi Picks Up Win in Cybex Lawsuit…
A jury verdict has been rendered in the patent infringement suit filed by Gary Colassi against Cybex Int’l, ruling that Cybex's Stableflex deck system, utilized in its treadmills, infringes a patent held by Collasi. The jury awarded $2.5 million in d
Delay of Talks on Embargoes Could Limit Assortments this Winter…
In late June, the Department of Commerce placed quotas on apparel imports from China. Those quotas, which were quickly filled when larger vendors and retailers aggressively moved to secure deliveries, have now turned into an embargo and many retailers may
Hibbett Updates Status of Stores Post Katrina
Hibbett Sporting Goods 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 are curr
Foot Locker Sees Gross Margins Hurt by Decreased Vendor Allowances…
Foot Locker, Inc. filed its form 10-Q for the fiscal second quarter last week, revealing that sales in its athletic stores increased 3.1% to $1.23 billion from $1.19 billion in the prior-year period, while the Direct business, which includes the footlocke
Callaway Wins Suit Against Dunlop but Original Damages Halved…
A jury awarded $2.2 million to Callaway Golf in a suit against Dunlop Slazenger over an allegedly false advertisement claiming that Dunlop golf balls went farther. The award was split into two parts, $1.1 million for lost sales and $1.1 million for the co
FFA Provides Physical Education Grants and Workshops…
The Future Fisherman Foundation awarded over $160,000 in National Fishing and Boating Education Grants to various physical education programs in schools across the country. The recipients will use the grant funds to teach fishing and boating in their scho