SGB Update Outdoor
Nike Sees Fiscal Q1 Earnings Rise 21% on Exchange-Aided Growth
NIKE, Inc. reported that revenues for the fiscal first quarter ended August 31, 2003 increased 8.0% to $3.0 bn, versus $2.8 bn for the same period last year. First quarter net income totaled $261.2 million, or $0.98 per diluted share, compared to a loss o
K2 Completes Worth Acquisition; Parish Takes Rawlings Helm
K2 Inc. announced Wednesday that it has completed the acquisition of 100% of the stock of Worth, Inc. The Company also announced that Robert Parish, chief executive officer of Worth, Inc. has been appointed President of Rawlings Sporting Goods, a wholly
Aldila JV Company To Sell Assets
Aldila, Inc. announced Wednesday that Carbon Fiber Technology LLC (“CFT”), a joint venture limited liability company owned by it and its joint venture partner, has signed a non-binding letter of interest to sell selected assets, including property, plant,
MacGregor Golf Re-Acquires Japan Subsidiary
Suntory Ltd. said Wednesday it will sell all of its shares in its subsidiary MacGregor Golf Japan Ltd. to U.S.-based MacGregor Golf Co. before the end of the month. The terms of the deal were not released.
Noland Appointed CFO for Fila USA
Fila USA CEO Tom O'Riordan has appointed Fila USA Vice President – Controller Sharon Noland to Chief Financial Officer. In her new role, Mrs. Noland will assume responsibility for all financial areas including Tax, Financial Planning and Reporting,
Wilson Makes Sales Territory Changes
Wilson Racquet Sports announced that Chris Merrill, a Wilson rep for five years in Atlanta is moving back to the Los Angeles area to take over the territory left by Chris Hefter. Taking Merrill’s place is Jim Haneklau. Haneklau has been in the industry f
Callaway Promotes Hutin to President/COO
Callaway Golf Company has promoted Patrice Hutin to the position of President and Chief Operating Officer, effective immediately. Mr. Hutin, who previously was the Company's Executive Vice President of Global Sales and Advertising, will report to Cal
Deckers Signs Two Licensing Agreements…
Deckers Outdoor Corporation announced that it has signed two separate license agreements for men's sportswear and headwear for the United States…
Brunswick Corp. Reaffirms Q3, Year Guidance
Brunswick Corporation senior management, in a meeting with envestors on Tuesday, reviewed the company's strategic objectives and growth prospects and confirmed the company's previously announced earnings estimates for the third quarter of 2003 a
NRF Projects 5.7% Holiday Sales Growth
Citing “several strong months of retail sales growth”, the National Retail Federation said total holiday retail sales are projected to grow by 5.7% over last holiday, bringing holiday spending to $217.4 bn. The increase would be twice the rate of growth
SGMA Sees Decline in Japan Sports Retail Market
The Japanese like to play golf, go fishing, and enjoy the great outdoors. At least, that's where they are spending their discretionary money. That's the underlying theme of recent statistics released to SGMA International by the Association of
Avendra Group to Feature Ping Apparel
The Ping Collection, an apparel brand designed and manufactured by Perry Ellis International Inc., will make available its spring 2004 line through selective Avendra golf shop operations…
Vail Named #1 Ski Resort Resort in N.A…
SKI Magazine, in their annual “Top 60 Resort Guide,” has named Vail the number one ski resort in North America. “Vail has become America's ultimate ski destination,” says SKI's Executive Editor Greg Ditrinco, who oversees the annual survey…
TSA’s Morton Named to Board of Electronics Retailer
Ultimate Electronics, Inc. announced the appointment of John Douglas Morton to its Board of Directors. Morton is vice chairman and chief executive officer of The Sports Authority, Inc…
Deckers Takes Teva Brand Head to Toe…
Deckers Outdoor Corporation, the new owner of the Teva brand, has just signed two licensing agreements. One is with Capital Mercury to produce men’s apparel, and another with Outdoor Cap Company for headwear. BHPC Global Licensing finalized both of the de
