SGB Update Outdoor
Teko Takes Merino Wool One Step Further
Teko is claiming to be the first to make socks using truly sustainable wool. Beginning in Fall 2005 Teko will be adding EcoMerino wool to their line of wool socks. The EcoMerino wool is a perfect fit with Teko’s “No Compromise” commitment to sustainabil
Kinetic Sports Declines Etonic License
Dan Werremeyer, president of Kinetic Sports Inc., has announced that the board of Kinetic Sports will not renew their license agreement for walking and running shoes with Etonic Worldwide of Waltham, Mass., at the end of 2005. Kinetic originally acquired
Osborne Named Regional Vice President at Prince Sports USA
Doug Fonte, president of Prince Sports, USA announced that Charles Osborn has joined the Prince team as the new regional vice president, Northeast Division of Prince Sports, USA. After nearly 20 years at Wilson Sporting Goods, Osborn has joined Prince Spo
Zumiez May Comps Jump 10.2%
Zumiez total net sales for May, 2005 increased 31.3% to $10.7 million, compared to $8.2 million for the four-week period last year. The company's comparable store sales increased 10.2% for the past month, versus a comparable store sales increase of 6
Big 5 Reports on Delisting Status
Big 5 Sporting Goods Corporation received a notice on May 25, 2005 of a determination by Nasdaq's Listing Qualifications Staff that it fails to comply with Nasdaq listing standards due to the delayed filing of its Quarterly Report on Form 10-Q for th
Gottschalks May Comps increase 4.2%
Gottschalks same store sales for the month of May 2005 increased 4.2% from the prior year. Total sales for the month increased 3.7% to $47.4 million from $45.7 million in May 2004. On a year-to-date basis, same store sales increased 0.6% from the same per
NSGA Elects New Director-at-Large
The National Sporting Goods Association (NSGA) Board of Directors has elected a new Director At-Large, Terry Hennessey, President of PEI Source For Sports, Charlottestown, Prince Edward Island, Canada. Hennessey, who was Chairman for Sports Distributors o
TSA Looks to be Turning Corner with Q1 Gains…
The Sports Authority has apparently been successful in upgrading the quality of traffic in its stores as management moves to increase its mix of better goods in footwear, apparel, and equipment, and away from the traffic based on price and low-priced merc
Strong Q1 Comps at Fleet Feet Reflect Market’s Move to Running…
Fleet Feet, Inc. is certainly getting a big kick out of the move to the running category as comp store sales for its franchisees jumped 10.5% in the first quarter. Total retail sales for the 64 stores increased 15.0% to $11 million…
Mossimo Secures Funding for Buyback…
On April 11, Gianulli Mossimo, president of Mossimo, Inc. submitted a proposal to buy all outstanding shares of the company, and take the company private again. To finance the purchase, Mossimo last week procured a three-year secured committed term loan
Reebok International Sells Ralph Lauren Footwear License Back to Polo…
Reebok International and Polo Ralph Lauren will part ways after a nine-year deal that had the two in an exclusive footwear licensing arrangement that granted Reebok the rights to design, develop, manufacture, market and distribute men's, women's
GSI Expands to Europe in Acquisition…
GSI Commerce Inc. announced a definitive agreement to acquire control of privately-held Aspherio, S.L., a Barcelona, Spain-based provider of outsourced e-commerce solutions. GSI will work strategically with Aspherio to offer its international e-commerce c
Nautilus Sees Icon Patent Infringement Case Dismissed…
The federal district court in Seattle dismissed the remaining claims in Nautilus' patent infringement case against Icon Health and Fitness. This case is one of three cases Nautilus has on file against Icon Health and Fitness. Nautilus will appeal thi
Rawlings and Matrix Trade Shots in the New Hit “Bag Wars: Episode III”
In a messy fight between a brand and a licensee, K2, Inc. and Rawlings last week filed papers asking for a new trial in a breach of contract suit case that saw Matrix Group Ltd, Rawlings’ bag licensee, awarded approximately $8.7 million by a jury earlier
Emergency Military Order Boosts Johnson Outdoors…
Johnson Outdoors received an urgent need order from the U.S. Military for 2,510 modular general purpose tent systems worth $15.9 million. Previously Johnson Outdoors management was anticipating a 40% decline in tent sales to the military, but now this dec
