SGB Update Outdoor
Coastcast Cuts Q4 Net Loss 77% as Sales Increase 26%
Coastcast Corporation reported sales for the fourth quarter of 2003 increased 25.6% to $10.2 million from $8.1 million in the year earlier quarter. The net loss for the quarter narrowed considerably to $574,000, or 8 cents per diluted share, versus a net
Callaway Expands Trade In Program to Include Other Brands
Callaway Golf Company announced plans to expand its successful Trade In! Trade Up! program to include products from other golf brands. Acting on strong feedback from consumers and retailers, Trade In! Trade Up! will now make it easy for owners of other ma
NRF: Retail Execs Saw February Increases
The American consumer continued to shop and spend at high levels in February, according to the latest findings of the NRF Executive Opinion Survey, a monthly index by the National Retail Federation (NRF). The Retail Sector Performance Index (RSPI) dipped
Mavis to Oversee All Product at Brooks
Brooks Sports, Inc. has elevated Stan Mavis to senior vice president of product. Formerly senior vice president of apparel and accessories, Mavis will now take on new footwear management responsibilities to help Brooks leverage recent brand and category g
La Sportiva Lowers Prices on Rock-Climbing Shoes
La Sportiva is lowering wholesale/MSRP prices on all Italian-made rock shoes by 15% to 20%, as reported in The B.O.S.S. Report (BOSS_0405). This means the award-winning Testarossa, formerly $160, will now cost $130. The Venom, its slipper counterpa
Nike Makes U.S. Management Changes
Nike is apparently re-shuffling roles for some key managers in the U.S. market. Claire Hammill, formerly VP of U.S. Commerce and Retail is now VP/GM of New Business Development. Elliot Hill, Formerly VP of U.S. Retail is now VP of U.S. Commerce and Retai
Dick’s SG Announces Finance Promotions
Dick's Sporting Goods, Inc. has announced that Jeffrey R. Hennion has been named to the position of Senior Vice President – Strategic Planning. In this newly created role, Mr. Hennion will be responsible for leading DKS' Strategic Planning and
Deckers Files to Sell Shares
Deckers Outdoor Corporation has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 3,500,000 shares of common stock consisting of 1,500,000 primary shares offered by the Company and 2,000,000 share
BackcountryStore.com Reports Seventh Year of Triple Digit Sales Increases
BackcountryStore.com reported record sales for 2003, with an increase of 134% year-over-year versus 2002. The increase is the 7th year in a row of triple digit growth for the company. In addition, the fourth quarter of 2003 was BackcountryStore.com’s bigg
Giuliani Partners Invests in CamelBak
Giuliani Partners announced that it is becoming a strategic investor in CamelBak Products. According to Giulliani Partners, “CamelBak has developed a superior product with applications that extend well beyond the sports and recreation market into the real
Profitability Falls for Specialty Fitness Dealers
Profitability and productivity for specialty fitness dealers fell in 2003 according to data reported in the just-published National Sporting Goods Association (NSGA) Cost of Doing Business Survey…
YY to Put $90mm into Apparel Moves…
Yue Yuen Industrial Holdings Ltd, which is the world’s largest maker of athletic footwear, will apparently put its money where its mouth is in regard to pushing deeper into apparel manufacturing as well. The company last week said it had set aside $80 mi
VF Outdoor Get New Chief; Lay Gets All Jeanswear Businesses…
VF Corporation shuffled the deck in the executive suite last week, moving around the deck chairs in efforts to match up their business units under umbrellas that make sense. The Outdoor Coalition, which includes the Eastpak, Jansport and The North Face b
Rocky Posts Record Year in 2003…
Rocky Shoes and Boots used its new apparel, extended footwear line, and the acquisition of Gates Gloves to post a 14.2% increase in sales for the fourth quarter of 2003, from $25.6 million in 2002 to $29.2 million this year. Net income increased 34.1% in
Exercise Equipment Pushes 2003 U.S. Exports into the Black…
According to a report compiled by SGMA International based on U.S. Commerce Department data, U.S. exports of Sporting Goods products actually inched up 0.9% last year to $1.84 billion from $1.82 billion in 2002. The export number had declined 7.2% in 200
