SGB Update Outdoor
Lotto Italia Stumbles at Home…
Worldwide sales of Lotto brand products ended fiscal 2004 at €256 million ($318.4 mm), up slightly from sales of €255 million ($336.8 mm) posted in 2003. Regionally, Germany saw sales grow 21% to €8.2 million from €6.7 million last year; Greece saw sale
Antigua Net Soars in First Quarter…
Antigua Enterprises Inc. posted strong growth across the income statement for the first quarter ended March 31, 2005. Sales for the company rose 6.6% to $9.4 million from $8.8 million for the same period of 2004. Gross margin as a percentage of sales incr
G-III Narrows Fiscal Q1 Loss…
G-III Apparel Group, Ltd. reported net sales of $13.8 million for the first quarter ended April 30, a 16.4% drop from $16.5 million for the same period last year. Gross margin fell 390 basis points to 6.6% of sales, from 10.5% in the prior year’s quarter.
Golf Rounds Decline Moderates, But…
Golf rounds played in the U.S. dipped 0.7% in April 2005 vs. April 2004, according to data provided to NGF by golf course operators around the country. The resulting year-to-date figure is 3.2% lower than the same period last year.
The Northwest region
Quik Opens Flagship Boardrides Club in Anglet, France
Quiksilver, Inc. announced its new Quiksilver Boardriders Club in Anglet, France, which represents an innovative, all-inclusive retail experience; the flagship location will showcase Quiksilver's authenticity, interactivity and originality. The grand
Yue Yuen Reports 17.4% Revenue Increase for H1
Yue Yuen Industrial Limited announced its unaudited consolidated results for the half year ended March 31, 2005. Turnover rose year-on-year by 17.4% to $1,477.9 million and net profit fell year-on-year by 3.8% to $152.3 million for the six month period. E
Outdoor Research Hires New Director of Gov’t Programs
Outdoor Research announced the hiring of Mike Christian as the director of government programs. With extensive experience in government contracts and a graduate of both the US Naval Academy and the US Naval Post Graduate School, Mike will be dealing direc
Chick’s Sporting Goods to Partner with G.I. Joes
Nogales Investors Fund I, LP recently completed a $4.0 million investment in Chick's Sporting Goods and plans to use its minority stake in the Southern California sporting goods retailer to form a synergistic retail partnership with G.I. Joes, the Wi
Horny Toad Selects F3 Distribution for Canada
Horny Toad announced the selection of F3 Distribution as their Canadian brand partner. The announcement concludes an extensive process for Horny Toad, in which the brand sought out a partner who could support growing demand within a highly competitive and
Panoptx Reports Record Q1 Sales
Panoptx Eyewear announced record sales in the first quarter of 2005, with the opening of 115 new accounts since January. The company pointed to several successful initiatives, including the addition of products for the snowsports and marine categories, th
Sew Cal Logo Acquires Action Shirts
Sew Cal Logo, Inc., a Southern California-based film wardrobe, hat, and surf wear manufacturing company, has acquired the assets of Action Shirts for cash and stock. The company, also known as “Hangtime,” has been a Huntington Beach icon since 1978…
NGF: April Rounds Played Down 0.7%
Same-store rounds played in the U.S. dipped 0.7% in April 2005 vs. April 2004, according to data provided to NGF by 1,285 golf course operators around the country. The resulting year-to-date figure is 3.2% lower than the same period last year. The hardest
Highgear Appoints New Midwest Rep Agency
Highgear recently announced the appointment of KZW rep group to cover the Michigan, Indiana, Ohio and Kentucky territory. Veterans of the outdoor and sporting goods industries, KZW has over 50 years sales rep experience…
Cabela’s to Open New Arizona Superstore
Cabela's is in negotiations to build one of its large-format destination retail stores on a 28.6 acre site near Cardinals Stadium in Glendale, Arizona. Plans call for the 160,000-square-foot outdoor gear superstore to be open by late 2006 or early 20
Lacoste Seizes Over $1 Million in Counterfeit Goods
Lacoste USA announced the seizure of more than $1 million worth of counterfeit Lacoste merchandise in raids conducted as part of a sweep of illegal wholesale and retail warehouses in mid-town Manhattan this week. The surprise raids, which netted almost 13
