SGB Update Outdoor
Le Coq Sportif to Make Return to U.S. Market…
For those that wondered where Jon Epstein would surface again, their questions were answered last week as the former Fila and adidas executive officially announced the creation of Le Coq Sportif North America, an operating company set up to manage the Le
Knight to Sell 5.7 million Nike Shares
Philip H. Knight, co-founder and Chairman of the Board, converted 5,700,000 shares of Nike Class A Common Stock on January 12, 2005 to the same number of shares of Class B stock. Knight also entered into a pre-arranged sales plan for the 5,700,000 million
December Retail Sales Much Healthier Than Early Indications…
A U.S. Commerce Department report of December retail sales in the GAFS category, which includes most general merchandise categories, jumped 6.4% over the previous year. Combined, November and December brought holiday sales growth to 5.7%, the strongest gr
Vital Apparel Group Acquires ProMarX…
Vital Apparel Group has reached agreement to purchase the assets of ProMarX Specialties USA, a girls’ sports accessory company. The ProMarX accessory line will become Vital Accessories and be marketed along with the Vital Team girls’ and women’s apparel l
SnowSports Retail Remains Flat; Chain Stores Lead the Way…
With an estimated 30% of retail sales for the season accounted for, trends are emerging in the SnowSports market which, historically, will continue through the remainder of the season. SnowSports retail sales slowed down slightly in the month of November,
ICON Falls into the Red in Fiscal Q2…
ICON’s sales decline was precipitated by the discontinuation of ICON’s “Jump King” business, a 22.7% decline in sales of strength training equipment, and an 8.1% drop in cardiovascular equipment. All the above, coupled with a sharp drop in margins pushed
Keds Back in Positive Growth Mode; Stride Rite Swings to Q4 Profit…
The Stride Rite Corporation just got over the profit line in the fourth quarter, managing to pull out net income of just $51,000, or zero earnings per share. Still, it was a swing to profit from Q4 last year when SRR posted a net loss of $965,000, or two
Mizuno USA Snags Accolades; Puts Up the Numbers Again in 2004…
Mizuno USA, Inc. announced last week that it posted its fifth consecutive year of revenue and earnings growth, reporting that overall sales for the company increased 12% versus the prior year. Since 1999, Mizuno has seen revenue grow 77%…
Norco Sees Adams Trail-A-Bike Recall…
Norco Products Ltd, in cooperation with The U.S. Consumer Product Safety Commission, has announced voluntary recalls of the Adams Trail-a-Bike or Adams Slipstream Bicycle Attachment. The Starter, Folder, Shifter, Shocker, Ultimate Tandem, Deluxe Folder, M
Buzz Off Inks Deal with L.L. Bean
Buzz Off Insect Shield, LLC, and L.L. Bean have inked a partnership to offer a full line of Buzz Off Insect Shield Insect Repellent Apparel from L.L. Bean. The Buzz Off line of apparel from L.L. Bean will include men's, women's and children'
Northwave N.A. Launches New Board Brand
Northwave North America announced the addition of Venue Snowboard Co. for the 2005-06 season. “The birth of Venue Snowboards has been a long planned venture for us over the past few years,” said marketing CEO Dane Hjort. “We listened to the feedback from
Tubbs Brings ‘Romp to Stomp’ to OR’s BBC
Tubbs Snowshoes has announced it is bringing a scaled down version of its successful Romp To Stomp Out Breast Cancer event series to Backcountry BaseCamp in Brighton Backcountry, UT, on January 28, prior to Outdoor Retailer.
At Backcountry Basecamp, Tubbs
SGMA: U.S. Wholesale Market Saw 4% Increase in 2004
Manufacturer’s shipments of sporting goods in the U.S. rose 4% in 2004 to $52.1 billion, according to estimates by SGMA International. It was the largest percentage gain the industry has achieved since 1997, when wholesale sales rose 5.2%. SGMA expects
Spenco Medical Appoints New President
Spenco Medical Corporation has appointed David Morgart as President of the company. Morgart comes to Spenco with an extensive background in consumer packaged goods, with previous work history at Kimberly-Clark and, most recently, Coleman. Morgart will r
NRF Forecasts 3.5% Retail Growth for 2005
The National Retail Federation (NRF) released its 2005 forecast on Monday, predicting that GAFS sales, which includes most general merchandise categories, will increase 3.5% from last year. In its quarterly Retail Sales Outlook Report, released Monday at