SGB Update Outdoor
Reed Pike Joins SCOTT USA
SCOTT USA has hired Reed Pike as Sales Manager for the Colorado, Minnesota and Ohio territories. With over 30 years experience Reed started in the cycling industry working retail in the San Francisco area. After working for Schwinn as a sales rep in South
Ski Tops Brings in New Director of Sales and Marketing
Continued growth , distribution and an expanding sales force has prompted Gary Supple, US Manager of SKI TOPS USA, to hire Dominic A. Chenelia, as Director of Sales and Marketing for the CHAOS and MOON SHADOW headwear brands. Chenelia joined the company
NYSE Warns Huffy About De-Listing
Huffy Corporation has received an early warning letter from the New York Stock Exchange indicating that with the recent decline in market capitalization and the anticipated significant loss in the first quarter of 2004, the Corporation could fall below th
Canadian Retailers Honored
Retail Council of Canada paid tribute to leaders in the retail industry at its ninth annual Excellence in Retailing Awards dinner. Wayne Sales, President and CEO of Canadian Tire Corporation, accepted the Distinguished Canadian Retailer of the Year award.
Variflex Fiscal Q3 Earning Up 18% on 8% Sales Gain
Variflex, Inc. reported an 18% increase in net income for the for the third fiscal quarter ended April 30, 2004 to $1.6 million, or 32 cents per diluted share, compared to net income of $1.3 million, or 29 cents per diluted share, for the third quarter of
VauDe Taps Kurtzweg to Strengthen Apparel Segment
Kenneth Kurtzweg will join VauDe as Brand Manager of Apparel. The newly established position oversees the entire Apparel Product Division. VauDe has a goal to expand its competence in the Apparel segment which historically contributes up to 50% of overall
Madsen to Retire from REI; Jewel to Take the Reins
REI CEO Dennis Madsen will retire from the company at the company's annual membership meeting on March 28, 2005, and said he will spend the next 10 months helping to transition the company's leadership to its current COO, Sally Jewell. Jewell wi
REI Opens Second Houston Store
REI will open a second store in Houston, Texas, in the Willowbrook Shopping Center in October. The new store will serve more than 17,000 active REI cooperative members
in the Houston area. REI opened its first store in Houston in 1996. Last year, that ori
But Loses Hoosier Deal to adidas…
The Hoosiers have made the switch from Nike to adidas for the school’s entire athletic department. The decision marks the first time that adidas has been the licensed product vendor for all of IU’s sports. Nike had held a majority of the contract since 20
DuPont Builds Eco-Friendly Textile Plant…
DuPont has signed a joint venture agreement with Tate & Lyle PLC, a U.K.-based carbohydrate processing company, to develop and build a production facility for a bio-based nylon and polyester alternative. The joint venture will use a proprietary fermentati
Sporting Goods Sales Pace Online Sales Growth in 2003…
According to The State of Retailing On-line 7.0, a Shop.org study conducted by Forrester Research of 150 retailers, 2003 on-line retail sales improved 51% to $114 billion, surpassing all industry expectations. Each on-line product category experienced str
Price Hikes Are Rolling Down the Bike Supply Chain…
Full Speed Ahead and its subsidiary VisionTech will be raising their wholesale 5% to 15% mainly due to rising costs of raw materials and the overheating Chinese economy. As previously reported in BOSS (BOSS_0413), shortages in steel and aluminum in China
Specialty Retailers Again Outpace Sporting Goods; Profit Gains Outpace Sales…
The industry’s Retail sector experienced much of the same sales and profit upside seen in the Vendor sector (SEW_0422), as earnings growth here more than doubled the pace of sales gains in the first quarter. Concerns about rising gas prices and consumer
Forzani Sees Continued Challenges in Canadian Sporting Goods Market…
Forzani started the year off on shaky ground on the sales front, thanks in large part to heavy price competition and a declining sporting goods market north of the border, but shook off the tougher market and posted a 38% increase in net income for the pe
Jack Moore Resigns from Kohl’s
Kohl's Corporation announced the resignation of Jack Moore, executive vice president/general merchandise manager of Home and Footwear effective today to accept a position as President and Chief Operating Officer at Linens 'n Things.
