SGB Update Outdoor

VF and Vans Get Early Termination in Antitrust Waiting Period

VF Corporation and Vans, Inc. announced that they have received notification of the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the previously announced merger of Vans into a wholl

Bill Birch Leaves Five Ten

Five Ten announced that Bill Birch, the company’s long time sales agent for the UK, will leave the company to pursue other interests and to spend more time with his family. Five Ten recognizes Bill’s outstanding job over the last ten years in helping to b

Foot Locker Comments Overshadow Q1 Results…

Some people just never seem to learn from their own past actions (or words).

Foot Locker, Inc. arguably gave up a year of potentially strong growth when it decided to “punish” Nike a year and a half ago, handing the urban fashion mall business to a the

Dick’s Seems to Like the Competition…

Dick's Sporting Goods looks to be quite pleased with their entry into the Indianapolis market, the hometown of rival Galyan’s Trading Company. The retailer also continues to look south as it soon enters the former home state of its chief competitor,

Galyan’s cuts SKU’s and inventory in turnaround plan…

Galyan’s Trading Company was the lone comp sales decliner so far in our review of sporting goods retail results, but the 1.4% decrease slowed a bit from recent quarterly results, coming on top of a 6.3% comp sales decrease in Q1 last year. The comp sales

Hibbett Sets Bar Higher Again in Q1…

Hibbett Sporting Goods posted another record quarter and continues to improve upon its model that enabled the company to deliver an 8.1% return on sales for the first quarter versus its sector-leading 7.1% ROS for the 2003 full year and a 6.6% ROS in Q1 l

U.S. Sporting Goods Retail Starts Year with a Strong Sales Gains…

A number of U.S. sporting goods retailers reported fiscal first quarter results last week, showing as a group a 22.9% increase in sales for the period. (see chart on page 5) The four retailers join Big 5 Sporting Goods, which already reported Q1 results,

Bob’s Stores Adds Value to TJX in Q1…

The TJX Companies, Inc. reported that first quarter sales at Bob's Stores were $61.4 million and posted operating earnings of $1.25 million at the 31-door unit acquired last year after a hard bidding process with Dick's Sporting Goods and their

SIA Sums Up Winter Season at Retail…

Terrific ski conditions in the West, and record skier visits at many resorts were balanced out this year by bitter cold and an abundance of ice in the East. Still, the SIA retail audit for the entire 2003-2004 retail season showed some respectable growth

Epstein Avoids Jail in JFF Sentencing…

Jon Epstein, the former CEO of Fila USA and Fila’s new parent company, Sport Brands International, was sentenced Friday by U.S. District Judge Karon O. Bowdre to 5 years probation, 6 months home detention, and a $10,000 fine in the Just for Feet fraud cas

Penguin Brands Acquires Nathan…

Penguin Brands is doing its part in the continued consolidation of the industry, closing a deal last week that sees the owner of the Penguin Shoe Care, Penguin Apparel Care, Sorbothane, and ProArc product lines acquire the assets of Nathan Performance. N

VF Corp. Makes Moves to Push Outdoor Business Forward…

Mike Egeck, currently President of The North Face, has been named President of Outdoor – North America for VF Corporation. Egeck will continue to have responsibility for The North Face brand and will add responsibility for the JanSport and Eastpak brands

NSGA Projects 2% Growth for Industry…

In the soon to be released report, The Sporting Goods Market in 2004, the NSGA is expecting 2% growth in the industry for 2004. Sporting goods sales, which have been relatively flat for the past three years, are projected to reach $46.6 billion, compared