SGB Update Outdoor
Sport-Haley Looks for Clean SEC Slate…
Sport-Haley, Inc. is pursuing settlement of claims brought against it and its former controller, Steve Auger, by the U.S. Securities & Exchange Commission. The suit, filed by the SEC in 2003, alleges that Sport-Haley misrepresented inventories, period cos
Just Two Bikes Has Two New Owners…
Just Two Bikes in Hugo, Minn. was acquired by the company’s sales and marketing manager, Jim Dugelman, and Dale Hedstrand, president of Focal Point Financial Services. They have acquired the firm for an undisclosed sum from Jim Muellner, who founded JTB i
Gildan Raises Guidance on Higher ASP, Lower Costs…
Gildan Activewear raised third quarter and fiscal year earnings guidance and the company now expects diluted EPS for the third quarter to be at least 10% above its most recent guidance of approximately 50 cents per share. Gildan has already raised its gui
Rebel Sports Fiscal Year Comps Inch Up 0.8%…
Rebel Sport Limited, the largest sporting goods and outdoor equipment retailer in Australia, reported annual sales increased 3.8% to A$316.9 million ($238.9 mm). This increase came in spite of a missing week in fiscal calendar year 2005. Comparing year-on
Golf Galaxy Sets Price Range for IPO
Golf Galaxy Inc. is set to be the first golf specialty retailer to hit the public market after last week setting the price range for its initial public offering between $11 and $13 per share. The retailer, which is expected to debut on the NASDAQ exchang
Reebok Completes Ralph Lauren Footwear Sale
Polo Ralph Lauren Corporation has completed the acquisition of Ralph Lauren Footwear Co., Inc., its global licensee for footwear for men, women and children, from Reebok Internaional, LTD. The purchase is a cash transaction of approximately $110 million..
Globe Slashes Full Year Profit Guidance
Globe International advised that based on preliminary unaudited group management accounts, pre-amortisation net profit after tax for the financial year ended June 30, 2005 is expected to be in the range of A$5.0 million to A$5.5 million as compared to an
Play It Again Extends Partnership With USA Hockey
Play It Again Sports and USA Hockey announced the signing of an agreement, which will see Play It Again remain the Official Retail Program Partner and Official Ice Hockey Skate and Equipment Retailer for USA Hockey. The agreement represents an extension o
Sycamore Kids Recalls Mountain Buggy
The U.S. Consumer Product Safety Commission, in cooperation with Sycamore Kids Inc., announced a voluntary recall of the Mountain Buggy Urban Single and Urban Double Jogging Strollers. The recall affects about 2,200 units. The handlebar can crack or break
NRF: Summer’s Arrival Brings Shoppers to Stores
Though the beach may have been beckoning, the arrival of summer sent shoppers to the stores last month. According to the National Retail Federation (NRF), retail industry sales for June (which exclude automobiles, gas stations, and restaurants) rose a str
SnL Adds New Clients and Employees
SnL has added several new clients to its ever-growing
client base: Yvette Mandell, a contemporary apparel line; Gigi In Style, an accessory manufacturer; Hot Kiss Accessories, an accessories line; etnies Plus, a niche footwear collection; Body Glove, a w
Oakley Opens O-Store in SoHo
Oakley opened a flagship O Store located in the SoHo district of Manhattan. The Prince Street location is the latest addition to the company's expanding domestic and international retail presence and will be owned and operated by Oakley, Inc…
Timex Launches 4a.m. Lifestyle Campaign
Timex Corporation will stuff four lucky outdoor adventure junkies into a pimped-out 1992 all-wheel-drive Chevy Astro Van stocked with racks full of kayaks, mountain bikes, climbing hardware and first aid kits, as well as road and topo maps of Colorado, Ut
Wolverine Q2 Net Income Up 22% on 8.5% Sales Increase
Wolverine World Wide, Inc. reported that second quarter 2005 revenue totaled $215.7 million, an 8.5% increase over second quarter 2004 revenue of $198.8 million. Earnings per share for the second quarter of 2005 were 22 cents compared to the 18 cents repo
TNF Partners with GlobalGiving
GlobalGiving is the emerging marketplace for international aid. It directly connects social entrepreneurs in the developing world with individuals, corporations and institutions that have an interest in funding social, environmental and economic developme
