SGB Update Outdoor
Thule Taps Houseman for Regional Sales Manager Post
Thule has announced the hiring of Mark Houseman as the Southeastern Sales Manager. In the newly created position, Houseman will be responsible for managing Thule's southeast sales force, including IBD, outdoor/ ski, and automotive sales representati
Billabong Launches New Brand
Billabong announces the launch of a new brand: Honolua Surf Co., which will commence as a stand-alone wholesale company separate to the Honolua Surf Company retail division. The Honolua Surf Company retail division will remain the same and continue as a r
New NSGA Report Focuses on Female Sports Participation
Among sports participants age seven and older, females constitute a majority of participants in four of six fitness activities surveyed for 2003 by the National Sporting Goods Association (NSGA), according to NSGA Vice President of Information & Research
adidas Unveils its ‘1’ Running Shoe Priced at $250
After three years of highly confidential in-house development, adidas has unveiled what it calls “the most advanced shoe ever”. Sinmply called “1”, the shoe provides intelligent cushioning by automatically and continuously adjusting itself. An exclusive
Brunswick Forms European Marine Umbrella Group
Brunswick Corporation announced formation of an umbrella organization to implement a comprehensive growth strategy for its marine operations in Europe, Africa and the Middle East and to leverage shared services opportunities for all of Brunswick's op
Galyan’s Taps Kohl’s Exec for President/CMO Role
Galyan's Trading Company, Inc. has appointed Richard Leto President and Chief Merchandising Officer of the Company. It is expected that Mr. Leto will join the Galyan's Board of Directors when he joins the Company in mid-June. Mr. Leto was most
Pacific Sunwear Completes Stock Buy-Back
Pacific Sunwear of California repurchased an aggregate of 2,223,700 shares of Pacific Sunwear common stock in the first quarter at an average price of $22.483, for approximately $50.0 million. These repurchases complete the authorization made by the compa
Pacific Sunwear Q1 Net Income Jumps 88%; Raises Guidance
Pacific Sunwear of California Inc. reported that net income for the first quarter ended May 1, 2004 increased 88% to $15.0 million, or 19 cents per diluted share, compared to $8.0 million, or 10 cents per diluted share, for the first quarter of fiscal 200
New Era Rolls Out Exclusive Hatworld/Lids Program
New Era Cap Co. announced the rollout of its exclusive national partnership with HATWORLD/LIDS for the year-long 59FIFTYat50 campaign. The partnership between New Era and HATWORLD/LIDS represents exclusive product launch opportunities during the 59FIFTYa
Michael Jordan Kicks off China Tour
According to a release from Nike's Jordan brand, Michael Jordan will make a “rare trip” overseas on a four city tour of Asia where he will “inspire youth and fans by reinforcing the importance of excellence in every endeavor”. Making stops in Beijing
Apparel a Bright Spot for adidas-Salomon…
adidas-Salomon saw a sizable gain in its gross margin overshadow sales declines across most regions and brand groups to help the company post a 41% increase in net income for the first quarter of 2004. The company pointed to the impact of foreign currency
Reebok First FLA Accredited Company…
The board of directors at the Fair Labor Association have named Reebok as the first FLA company to have a program accredited. Reebok’s footwear factories underwent an extensive review process which examined the company’s independent factory monitoring pr
FX Rate Both Curse and Benefit to THC…
Despite a solid sales increase and gains in the gross margin line, The Hockey Company swung to a loss in the first quarter, due primarily to extraordinary expenses and foreign exchange losses on long-term debt…
Cramer Jumps into P.E. Business with Both Feet…
Cramer Products had to make the decision to either build or sell when it came to its PE products business, but the company’s decision to pursue the latter actually led to an acquisition that supports the first option. Cramer will definitely grow its PE b
Sport Haley Settles Securities Suit…
Sport Haley announced that a class action securities lawsuit that was originally filed in October of 2001 has been settled. The company, Kevin Tomlinson, Robert G. Tomlinson and Robert W. Haley were all named as defendants. The settlement says that Spor
