SGB Update Outdoor
Costco Q3 Income Jumps 29% on 14% Sales Gain
Costco Wholesale Corporation's net sales for the third quarter of fiscal 2004 increased 14% to $10.67 billion from $9.34 billion during the third quarter of fiscal 2003. On a comparable warehouse basis, that is warehouses open at least a year, net sa
REI Continues Expansion Plans
REI is in the final stages of lease negotiations to open a second store in Austin, Texas, at 6th Street and Lamar Boulevard in Austin’s Market District. The proposed store will open fall of 2005. REI opened its first downtown Austin store in 1989, but rel
Genesco Q1 Earnings Jump Nearly 76%; Raises Guidance
Genesco Inc. reported that first quarter net earnings jumped nearly 76% to $5.8 million, or 26 cents per diluted share, for the period ended May 1, 2004. Net sales for the first quarter were up 17% $226 million compared to $193 million for the first quar
Deckers Repays All Outstanding Debt with Stock Offering Proceeds
Deckers Outdoor Corporation has repaid all of its outstanding loans, using a portion of the proceeds derived from its previously announced common stock offering which closed on May 18, 2004. With the net offering proceeds of $35.2 million, the Company pai
Russell Athletic Unveils New ‘Energetic’ Logo
Russell Athletic recently unveiled a more athletic and evolutionary version of its classic red and blue capital “R” logo that has been seen for decades on thousands of sports teams worldwide. The new logo features an energetic orientation, a richer blue c
Hooked on the Outdoors Re-Locates
After six years of constant growth, Hooked on the Outdoors magazine and parent company ADventure LLC are making their
biggest move yet, relocating their national headquarters to a 13,000 square foot custom office facility north of Atlanta….
SIA: SnowSports Chain Stores Up 1.3%
Sales at chain stores were up 1.3% compared to last season. In dollars, that translates to $493.8 million in sales compared to $487.4 billion in 2003. Unit sales were up from last season 2.4%. Sales for the month of March in chain stores were $42.0 millio
Backcountry.com Hires Kane as Chief Technology Officer
Backcountry.com has selected veteran technology professional, Jim Kane, to fill the newly created position of Chief Technology Officer. As the company’s CTO, Kane will be responsible for all technical operations ranging from the storefront to communicatio
CEO of Wal-Mart Canada Inducted into Retail Hall of Fame
Mario Pilozzi, President and CEO of Wal-Mart Canada, will be inducted into the Canadian Retail Hall of Fame this June at STORE 2004 – Canada's Retail Conference. The Canadian Retail Hall of Fame was established by Retail Council of Canada (RCC) to re
Outlast Acquires Frisby Assets
Outlast Technologies, Inc. has acquired substantially all of the remaining assets of Frisby Technologies, Inc. The acquired assets include various technology licenses, the “Thermasorb” TM, logo and website, the Frisby R&D library, product development data
Kerbis Resigns from The Sports Authority
The Sports Authority announced that Elliott Kerbis, President and Chief Merchandising Officer, has resigned from the Company to spend more time with his family. The Company will actively pursue a successor to Mr. Kerbis. In the interim, Doug Morton, Vice
Easton to Debut TV Ads During College World Series
As the best teams in college baseball compete for a spot in the College World Series in Omaha, Easton will debut a series of new commercials showcasing their new lineup of Stealth™ bats and cleated footwear. Three spots were created by The Ballpark, a fu
SGMA: U.S. Women Set Their Sights on the Gym
Many women are getting their inspiration from perspiration. According to SGMA International's recent analysis of the Superstudy® of Sports Participation (conducted by American Sports Data), millions of American women are focused on fitness – at home
VewDo Adds New Reps; Opens Burlington office
Balance Designs, creators of the Vew-Do™ Balance Board and re-inventor of the concept, continues to build their sales and customer service team. Five more reps have been added, with Kurt Moscarello covering Metro NY; Kurt Kopp in WI, IL, MN; Kennon Smith
Sport Chalet Fiscal Q4 Net Jumps 516%; Comps Up 10.5%
Sport Chalet, Inc. reported that sales for its fiscal fourth quarter ended March 31, 2004 increased 19.2% from $58.2 million to $69.4 million. Comparable store sales increase 10.5% for the period. Net income increased 516.0% to $328,000, or five cents p
