SGB Update Outdoor
adidas Extends Yankees Agreement…
adidas has extended its marketing partnership with the New York Yankees, which initially started in 1997, through the 2013 season. The three-stripe brand will remain the Official Athletic Apparel and Footwear Company of the New York Yankees…
Stride Rite Reverses Q1 Downturn from Last Year; Gets Preppy Boost…
The Stride Rite Corp. got a nice boost from the Sperry Top-Sider business in its fiscal first quarter ended March 4, as the brand started to click in the outdoor sector in addition to its more traditional channels of distribution. The Children’s Group, K
Nike Gets Apparel Mark Back in Spain…
After a decade of back and forth action in the Spanish courts regarding the use of its trademark name, Nike has won a ruling by the country’s Supreme Court that supported the Constitutional Court’s reversal of a 1999 ruling banning Nike from the use of it
Royal Elastics on the L.A.M.B. with New Licensing Deal…
Royal Elastics, a wholly owned subsidiary of K-Swiss, Inc., has inked a long term partnership with singer Gwen Stefani's L.A.M.B. label to launch a new line of footwear. L.A.M.B. apparel and accessories were launched in Fall 2003 by the No Doubt sin
Johnson Outdoors and Family Terminate Merger Agreement…
After shareholders failed to approve a proposal by members of the Johnson family to acquire all outstanding shares not owned by the family and take Johnson Outdoors private, the company on Friday filed papers with the SEC terminating the merger agreement
More Fines in the JFF Case…
In a saga that never seems to end, Peter Berman, the former comptroller of Just for Feet Inc., has agreed to pay more than $51,000 in fines to settle allegations by the Securities and Exchange Commission that he participated in a scheme that inflated inco
SGMA Issues a Call to Action for National P.E. Day Lobbying Efforts…
SGMA has put out an all points bulletin to the sporting goods industry to rally support for P.E.4LIFE’s 5th Annual National P.E. Day and the associated lobbying efforts to support funding for physical education programs in schools. At issue is a cut in f
The Sports Authority Rolls Out The Red (Sox) Carpet for Investors…
TSA held an investor day on March 29 in the soon-to-be demolished .406 club at Fenway Park, with chairman and CEO Doug Morton starting the conference by telling investors that “We want the customer to come to TSA instead of WMT”. He then proceeded to des
The Buckle Completes Stock Buy-Back From Founder
The Buckle has completed its stock buy-back with Daniel J. Hirschfeld, founder and Chairman. On March 24, 2005, the Company entered into an agreement to purchase a total of 3,000,000 shares of the Company's outstanding common stock from Mr. Hirschfel
Former Brooks Sports Chairman Moves Back to Retail
Dry Ice, Inc., a specialty retailer of home furnishings for teens, has named retail veteran Ann Iverson as acting Chief Executive Officer. Ms. Iverson recently led the growth and expansion of the Brooks Sports as Chairman of the Board.
Big 5 Posts Positive Q1 Comps; Will Restate Earnings for Two Years
Big 5 Sporting Goods Corp. reported that, based on preliminary sales results, it expects to post a same store sales increase of approximately 1.7% for the first fiscal quarter ended April 3, 2005 versus the year-ago period. BGFV also reported that it wou
NRF Voices Sarbanes-Oxley Concerns to SEC
The National Retail Federation has submitted comments to the Securities and Exchange Commission on the impact of Sarbanes-Oxley Section 404, encouraging the SEC to review lessons learned from the past year of SOX implementation. Members of NRF's Inte
NRF: Retailers Oppose Commerce Dept. Proposal on Chinese Imports
The National Retail Federation said it opposed plans announced by the Commerce Department to consider new “safeguards” limits on textile and apparel imports from China. “Safeguards quotas simply are not warranted,” NRF Vice President and International Tr
Prime Rate Acquires Stockli U.S. Distributor
After a move last month to acquire a Vermont ski shop, Prime Rate Investors has now reportedly acquired a majority ownership of Stockli USA, LTD. Stockli Ski USA, which is based in Denver, Colo., has been operating for ten years as the exclusive distribu
Exel Sees Nordic Walking Grow in EU; North America Still in Transition…
Exel reported strong revenue and income growth for fiscal 2004. While a majority of the top-line growth was generated by the company’s industrial division, Exel’s sport division reported full-year sales grew 25.0% to €35.5 million ($44.2 mm) compared to €
