SGB Update Outdoor
NRF: Back-to-School Spending to Top $14 Billion
Consumers are planning a trip back to the stores before sending their children back to school this year, according to the findings of a new National Retail Federation (NRF) survey. The NRF 2003 Back-to-School Consumer Intentions and Actions Survey
Here Comes That Upstream Inventory Effect…
We speculated just a few weeks ago (SEW 0325) about the effect the apparent climb in Q1 retail inventories would have on results for the vendors as we moved into the calendar second quarter. After reviewing the first of the vendor Q2 reports released this
Carrefour Extends License Agreement with Cherokee
Cherokee Inc., a marketer, licensor and manager of a variety of brands it owns and represents announced that Carrefour S.A. has elected to extend its agreement for the Cherokee brand for an additional three years…
Fleet Feet Awards Lifetime Achievement Honor to Runner’s World Founder…
At the Fleet Feet National Retail conference held in Boston last week, George Hirsch, founder of Runner's World Magazine, was awarded the Fleet Feet Lifetime Commitment to Running Award…
Timberland Falls on Back Half Caution…
Timberland matched analysts’ estimates for the second quarter, helped by strong sales of hiking boots and outdoor apparel, but sounded a cautionary tone about the company’s second half prospects…
Callaway Jumps on Positive Outlook and Potential Upside in Top-Flite Deal…
Callaway Golf easily beat Wall Street earnings estimates for the second quarter as profits declined 8.0% and sales dipped 4.1% for the period ended June 30, 2003. Analysts challenged the company’s management on how they might provide better guidance afte
The Allegheny Trail Company will be Blair Corp.’s newest brand
The Allegheny Trail Company will be Blair Corp.’s newest brand, targeting the outdoor apparel wholesale market. The Warren, PA-based company says that ATC will offer an entry-level line of apparel basics, including polo’s, tanks, cargo pants, and fleece
JOUT Q3 Earnings Slip
Johnson Outdoors on Thursday Told Investors they could anticipate Q3 earnings to be in the 57 cents to 61 cents per share range, off from the 78 cents earned in the year-ago period…
Confluence Surges In Spite of Compet-itor Promotional Deals…
Confluence Watersports has hired 41 new employees, bringing their total workforce to 217 people. In an exclusive interview with SPORTS EXECUTIVE WEEKLY, Kelley Woolsey, Confluence VP of Sales and Marketing, said these new employees are long overdue…
Pegasus Appoints New Cannondale COO.
John Doer has come aboard as Cannondale’s Chief Operating Officer. The former VP of Supply Chain Management at Bell Sports has a solid background in the Cycling industry with a successful tenure at the helmet company…
Finish Line Promotes Three; Geis to Head Apparel and Footwear
The Finish Line, Inc. has shifted some responsibilities for its footwear and apparel management teams. Jason Short and Mike Watson have each been promoted to Divisional Merchandise Manager of Footwear while Kathleen Kaplan has been promoted to the positio
Timberland Sees Q2 Net Income Jump 18% on Strong International Effort
The Timberland Company reported revenue of $211.7 million for the second quarter, 10.5% higher than the $191.5 million reported for the second quarter of 2002. Constant dollar revenue growth, which excludes the impact of changes in foreign exchange rates,
Cannondale Taps Bell Sports Vet as COO
John Doerr has joined Cannondale as its new Chief Operating Officer. A bike industry veteran and a passionate mountain biker, Doerr comes to Cannondale from Bell Sports where he was Vice President of Supply Chain Management…
NSGA: CPI for Sporting Goods Improves in June
The National Sporting Goods Association is reporting that the most recent data from the Bureau of Labor Statistics showed the Sporting Goods CPI Index at 100.7 for June, down 0.2% versus the June 2002 index. The association's research group said the
Gotcha Emerges From Bankruptcy…
Gotcha is emerging from Chapter 11 bankruptcy after filing for protection last August. The company currently owes creditors about $8.0 million, but plans to pay it off with 6-8% interest within 44 months…
