SGB Update Outdoor
Mossimo Q2 EPS Cut in Half on Softer Retail Sales
Mossimo, Inc. reported second quarter 2004 net revenues of $6.0 million compared to $6.9 million for the same period last year. MOSS reported net earnings of $1.0 million , or six cents per diluted share, in Q2, compared to net earnings of $1.8 million, o
Bell Sports Acquired by Riddell Parent; Fry to Run Merged Company
Private Equity firm Fenway Partners, Inc. will acquire Bell Sports, owner of the Bell and Giro helmet brands, essentially forming the world’s largest protective headgear and related accessories company, for approximately $240 million. Fenway, which owns f
Amer Group Q2 Net Income Falls 49% on Golf Decline, Tobacco Sale
Amer Group’s consolidated net sales in second quarter declined 9.6% to EUR 225.7 million versus EUR 249.6 million in the year-ago period. Net sales declined due to the withdrawal from the tobacco business in March. Net income fell 48.9% to EUR 4.6 million
SGMA: U.S. Customs Encourages C-TPAT Verification Between Businesses
The U.S. Bureau of Customs and Border Protection has established the Status Verification Interface (“SVI”) in the Customs-Trade Partnership Against Terrorism (“CTPAT”) section of its internet website. The SVI will allow C-TPAT members to easily confirm wh
Raleigh Names Pike Director of Marketing
Raleigh America has hired Reed Pike as director of marketing. Pike brings more than 30 years experience in the bicycle industry to the position along with a continuing passion for the sport as an active cyclist and racing fan. His experience includes reta
G3 Taps Parker for Product Marketing
G3 Genuine Guide Gear Inc. has added Paul Parker to its staff. At G3, Parker's time will be focused on a wide variety of product development and marketing initiatives. Paul has a long history of product development in the backcountry ski market with
NSGA: Used SG Equipment Purchases Fell 12% in 2003
Consumers purchased $753 million in used sporting goods equipment in 2003, according to a newly released report by the National Sporting Goods Association (NSGA). For 2002, consumers indicated they had purchased slightly more than $852 million in used sp
Smith Optics Appoints Martin Western Regional
Smith Optics has hired Mike Martin as the company's western regional sales manager. Martin joins eastern regional sales manager Brian Cotsonas and central regional sales manager Linda Rodney in its recently restructured
sales department. All three re
Tubbs Names Barrows National Sales Manager
Tubbs Snowshoes has named industry veteran Bruce Barrows to the position of National Sales Manager. Barrows has extensive experience in the outdoor industry, most recently serving as the Director of Sales and Marketing for Black Diamond Sportswear and Ma
Prince Inks Deal as Official Supplier to SAP Open
Prince Sports, Inc. announced it is the official racquet, footwear, apparel and ball supplier of the SAP Open, Northern California's premier men’s professional tennis tournament. As part of this three-year agreement, the SAP Open will become the fir
Target Stores July Comps Up 4.1%
Target Corporation reported that its net retail sales for the four weeks ended July 31, 2004 increased 8.8% to $3.59 billion from $3.30 billion for the four-week period ended August 2, 2003. On this same basis, comparable-store sales increased 3.8% from f
TJX July Same-Store Sales Increase 3.0%
The TJX Companies, Inc. reported sales for the four-week period ended July 31, 2004, were $1.0 billion, up 12% over $899 million achieved during the four-week period ended August 2, 2003. Consolidated comparable store sales for the four-week period ended
Shoe Carnival July Comps Down 6.3% on Tax Day Shift
Shoe Carnival, Inc. reported sales for the four-week period ended July 31, 2004 were $46.4 million compared to sales of $47.2 million for the four-week period ended August 2, 2003. Comparable store sales decreased 6.3% in July 2004. During the first thre
Foot Locker Second Quarter Comp Sales Dip 0.5%
Foot Locker, Inc. reported sales for the 13-week period ended July 31, 2004 of $1.27 billion, versus $1.12 billion in the comparable period last year, an increase of 12.9%, which includes the addition of 350 Footaction stores and expansion in Europe. For
Wal-Mart Gets Sam’s Lift to Post 3.2% July Comp Sales Gain
Wal-Mart Stores, Inc. reported net sales for the four-week period ending July 30, 2004, of $20.6 billion, an increase of 10.9% over the $18.6 billion in the same four-week period in the prior year. Wal-Mart comps were up 2.4% and Sam's Club comps we
