SGB Update Outdoor
KINeSYS Hires 27 New Sales Reps; Sales up 40% in 2004
KINeSYS has hired 27 new sales representatives. After a comprehensive review and extensive search, CEO Jeff Kletter handpicked these reps for their experience, knowledge and performance in each of KINeSYS’ key business segments, including outdoor, sportin
WaterMark Pulls in Second Recruit Since Portland Move
WaterMark has hired Chris Bogue, a 20-year sales veteran, as a director of sales for its family of outdoor brands. In this position, Bogue’s primary responsibilities will be to provide strategic direction towards the sales vision, work closely with the W
Ashworth Drives Revenues Up 33.6%; But Income Can’t Match Year-Ago
Ashworth, Inc. reported that consolidated net revenue for the first quarter ended January 31 increased 33.6% to $36.5 million as compared to $27.3 million for the first quarter of 2004. ASHW reported consolidated Q1 net income of $83,000, or one cent per
Warnaco Swings to Q4 Profit on Balanced Slaes Strength
The Warnaco Group, Inc., parent of the Speedo and Ocean Pacific brands, reported that net revenues for the fourth quarter ended January 1, 2005 were up 10.8% to $374.4 million from $338.0 million in the prior year period. Swimwear Group revenues were up
Saucony Posts Net Loss with 3% Q4 Sales Gain
Saucony announced a net loss of $316,000 in the fourth quarter of 2004, compared to net income of $1.5 million in the fourth quarter of 2003. Diluted loss per share was (5 cents) per Class A share and (5 cents) per Class B share. Net sales for the fourth
Sportsman’s Guide Sales Jump 29%; Income up 21%
The Sportsman's Guide reported sales for the quarter were $92.5 million, a 29% increase over the $71.7 million reported one year ago. The Company reported net earnings of $4.6 million, or 85 cents per fully diluted share for the fourth quarter, compa
Johnson Outdoors Cuts 70 Jobs on Lower Military Tent Sales
Johnson Outdoors plans to reduce the Company's workforce by more than 70 positions at its Binghamton, New York facility due to a significant decline in military tent sales. The Company also noted that financial projections included in the Company
NPD: Athletic Footwear Consumer Spending Climbs 3.1%
Consumer spending for athletic footwear rose 3.1% to $16.4 billion in 2004, according to research by The NPD Group. Consumers actually purchased 4.5% more pairs of athletic shoes in 2004 than the year before, but spent an average of 1.6% less for each pai
The Athlete’s Foot Inks Master Franchisee for Russia
The Athlete's Foot has formalized an agreement with Alye Parusa of Moscow to become The Athlete's Foot's master franchisee for the Russian Federation. The Athlete's Foot projects a minimum of 40 store openings in the region over the c
Business Development — SportScanINFO
SportScanINFO, the only point-of-sale research service to cover the entire sporting goods industry, is growing! We are looking for ambitious, self-motivated, dedicated individuals to help spread the word by selling our service to manufacturers, fi
Runner’s World-ISPO Accessory Award Given to Buff Headwear
Runner’s World Magazine Germany and the ISPO trade show bestowed their second-annual Runner’s World-ISPO Award in the running accessory category to Original Buff, earlier this month at the ISPO show in Munich, Germany. The Runner’s World-ISPO Award was de
The Par Shop Wins Mizuno’s Fitter of the Year Award
Each year, Mizuno recognizes select customer accounts for their outstanding commitment to Mizuno’s custom fitting program. For 2004, Mizuno’s Fitter of the Year is The Par Shop in Menominee, Michigan. Regional winners include: Golfing By Design, Sanford
PacSun February Comps Climb 10.5%
Pacific Sunwear of California total sales for the four weeks of February, 2005 were $83.1 million, an increase of 22.7% over total sales of $67.7 million for the four weeks of February of fiscal 2004. Company same-store sales increased 10.5% for the compa
PacSun Q4 Income Climbs 19% with 5.1% Comp Sales increase
Pacific Sunwear of California net income for the fourth quarter increased 19% to $40.9 million compared to $34.5 million for the fourth quarter of fiscal 2003. Total sales for the fourth quarter of fiscal 2004 were $379.7 million, an increase of 16.2% ove
Foot Locker Beats Street Estimates for Q4; Net Up 21%
Foot Locker, Inc. reported net income for its fourth quarter ended January 29, 2005 increased 21% to 57 cents per share, or $89 million, from 47 cents per share, or $71 million in Q4 last year. Sales increased 15.1% to $1.54 billion this year compared wi
