SGB Update Outdoor
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
Germany’s First IPO Since Recession is a Bike Company…
Mitteldeutsche Fahrradwerke, a German bicycle manufacturer plans to launch the country’s first IPO in two years. The company plans to raise €14 million and will be listed on the Frankfurt Stock Exchange…
Golfsmith Pares Q1 Loss as Comps Jump Almost 24%
Golfsmith International Holdings, Inc. increased net revenues 44% to $65.8 million for the fiscal 2004 first quarter ended April 3 compared with net revenues of $45.8 million in the first quarter of fiscal 2003. Same-store sales increased 23.9% in the qu
Oakley and Ducati Extend Licensing Agreement
Oakley has extended for an additional three years its existing licensing agreement with Ducati Motor Holding S.p.A. and has expanded the scope of the agreement to include five exclusive models of Oakley eyewear. All products covered by the agreement featu
SIA Wins Five Awards for snowlinkjr.com
The SIA was recently awarded five different awards for its newly-launched consumer site, snowlinkjr.com. Both the website and the game, Icebox Maniacs, garnered top recognition nationally and in the Denver area. SIA developed snowlinkjr.com with the Fac
Accell Group Acquires a Third Parts Distributor
Accell Group N.V. has signed a letter of intent for the acquisition of F. van Buuren & Co. B.V., a company trading in bicycle parts and accessories. Following the recent acquisition of Juncker B.V., this new acquisition further strengthens the position of
Famous Footwear April Comps Dip 1.2%; Brown Raises Guidance
Brown Shoe Company, Inc. reported that retail sales at Famous Footwear were $91.9 million for the four-week period ended May 1, 2004, even with the same period last year (ended May 3, 2003). Same-store sales decreased 1.2% for the month, partially due to
Johnson Outdoor Acquires Techsonic Industries for $28 Million
Johnson Outdoors has acquired Techsonic Industries, a manufacturer of underwater sonar and video viewing, and GPS technologies, from Teleflex Incorporated. The acquisition adds the popular Humminbird brand to Johnson Outdoors' marine electronics gro
Bon-Ton and Elder-Beerman Combined April Comps Fall 8.3%
The Bon-Ton Stores total sales for the four weeks ended May 1, 2004, increased 75.9% to $83.5 million, including $37.7 million from the acquired Elder-Beerman stores, compared to $47.5 million for the same period last year. Bon-Ton comparable store sales
Urban Outfitters Q1 Comps Jump 32%
Urban Outfitters sales for the first quarter climbed by 59% over the same period last year, to $170.3 million and easily set a new Company first quarter record. This sharp increase was driven by a 32% jump in total Company comparable store sales, a 24% in
OR Summer Market Seminars are Confirmed
Outdoor Retailer recently confirmed the list of speakers and seminar topics for the upcoming Summer Market 2004. As in the past, OR has enlisted experts in their field to head-up panel discussions, seminars and workshops targeting issues specific to today
The Buckle April Comps Climb 8.6%
The Buckle's sales for the four-week period ended May 1, 2004 increased 13.7% to $27.3 million from sales of $24.0 million in the corresponding four-week period ended May 3, 2003. Comparable store sales, for stores open at least one year, for the fou
Goody’s April Comps Rise 1.8%
Goody's Family Clothing reported total sales for the month of April climbed 5.3% to $100.1 million. Comparable store sales rose 1.8%. First quarter sales increased 7.0% from $283.0 mllion last year to $302.9 million this year. First quarter comps cli
Same Store Sales Decline 0.8% in April at Gottschalks
Gottschalks same store sales for the month of April 2004 decreased 0.8% from the prior year. Total sales for the month decreased 2.0% to $42.1 million from $43.0 million in April 2003. On a year-to-date basis, same store sales increased 4.8 % from the s
Wal-Mart April Comps are Up 4.4%
Wal-Mart Stores reported net sales for the four-week period ending April 30, 2004, of $20.765 billion, an increase of 11.7% over the $18.592 billion in the same four-week period in the prior year. Sales for the thirteen-week period were $66.058 billion,