SGB Update Outdoor

Skechers’ Solid 2004 Results May Point to Turnaround…

Skechers USA looks to be heading in the right direction after posting a sold fourth quarter that benefited from fewer markdowns and close-outs that drove up average selling prices in footwear, as well as tighter controls on everything from selling expense

Bob’s Stores in Makeover Mode…

Bob's Stores finished its first full year under the TJX umbrella with $291 million in sales, a $17 million operating loss and only one net new store, bringing the total number of doors to 32 at year-end. Management said the performance of the divisi

This Mailman’s Looking for His Pension…

The Los Angeles Times is reporting that Karl Malone has brought a suit against Dada Footwear claiming the Los Angeles shoe maker failed to pay him the $65,000 he was owed from an endorsement contract…

Rebel Sports H1 Income Slips on Slight Sales Gain…

Rebel Sports, Australia’s largest sporting goods retailer, issued a preliminary sales report in January for the first half of 2004-05 (See SEW_0506). In the company’s more recent, fully audited first half financial release, Rebels Sports reported a 4.4% s

Billabong Sees H1 Profit Growth Outpace Sales Gains…

Billabong International, Ltd. saw net profit rise 73% from A$41 million ($28.2 mm) last year to A$70 million ($51.4 mm) for the first half of the 2004/05 fiscal year while EPS lifted 70% to 34 cents per share. Total sales rose 37% to A$419 million ($307.5

Brown Shoe Restates Earnings and Guidance After SEC Clarification

Brown Shoe Company, as a result of a clarification issued by the SEC on February 7, 2005 affecting many retail companies, will adjust its method of accounting for leases. Based on its preliminary assessment, the Company anticipates this adjustment, which

PacSun Issues Corrections Due to Lease Accounting

Pacific Sunwear announced that it will correct its accounting for leases after the company's review of the matter and after discussion by management and the Audit Committee of the Board of Directors of the company with Deloitte & Touche, LLP, its ind

Outdoor Industry Focuses on Sustainability…

Declining participation, the obesity epidemic, federal funding, consolidation… There seems to be no end to the list of issues that the Bicycle, Outdoor, and SnowSports industries must deal with. However, judging by the SRO crowd at the Environmental Sust