SGB Update Outdoor
Urban Outfitters Appoints New CFO
Urban Outfitters, Inc. announced that John Kyees has accepted an offer to become the CFO. Mr. Kyees has had extensive experience in the financial management of a number of specialty retail companies including the Express division of the Limited, Inc. and
Lotto Names New Chief Sales Officer
Starting from 3rd November 2003, Alberto Niero will join Lotto Sport Italia S.p.A. as Chief Sales Officer directly responding to Andrea Tomat, President and CEO…
Dowell Is New Hi-Tec Group Director
Following its recent and ongoing global re-branding strategy, Hi-Tec Sports is appointming of Simon Dowell as the new Group Product Director…
Feldman to Run Lodge Business at Dick’s
Denny Feldmann has joined Dick's Sporting Goods as a Vice President and General Merchandise Manager with responsibility for the hunting, camping, fishing, water sports, snow sports, work wear, and bike businesses. Mr. Feldmann joins Dick's wit
Saucony Q3 EPS up 32% Despite 13.4% U.S. Sales Decline
Saucony, Inc. announced net income for the third quarter ended October 3, 2003 increased 37% to $2.2 million, or 34 cents per diluted share, from $1.6 million, or 26 cents per diluted share, in the comparable period of 2002. Net sales for Q3 declined 5.0
Sportsman Guide Almost Triples Q3 Earnings on 12% Sales Gain
The Sportsman's Guide, Inc. reported sales for the quarter ended September 30, 2003 were $41.2 million, a 12.2% increase over the $36.7 million in the year-ago period. The Company reported net earnings of $710,000, or 13 cents per fully diluted share
SGMA Raquetball Group Hires Coordinator
The racquetball industry is taking steps to increase its visibility. To achieve this objective, the SGMA’s Racquetball Manufacturers Council (RMC) has hired Dave George of San Bruno, California, as its Project Coordinator…
Sport Casuals Names Bua Sales Chief
Sport Casuals, Inc., the Private Label Apparel Design and Sourcing company, has appointed Jeff Bua as Senior Vice President of sales and business development…
Another Textile Giant to Emerge…
On the heels of Malden’s exit from Chapter 11, Burlington Industries creditors approved the acquisition of the company by takeover king WL Ross & Co. LLC, enabling the company to emerge from bankruptcy protection on November 10, 2003. The majority of cur
Reebok Ready to Claim Their Place at the Table…
Reebok had its first billion dollar sales quarter in six years in the third quarter and has now seen three-and-a-half years of consecutive quarterly sales increases for the Reebok brand in the U.S. market. The underlying strength to the backlog numbers a
Skechers Sees Q3 Loss on Close-outs…
Skechers saw third quarter sales fall sharply, but the numbers were better than the company’s previous guidance due primarily to the company’s “aggressive approach” to reduce inventories that cut into margins and pushed the company into the loss column…
Bob’s Should Emerge as a New Player…
The New England rumor mill has been forecasting the acquisition by TJX to save Bob’s Stores from the Kohl’s onslaught in the Northeast. TJX, parent to the familiar TJ Maxx and Marshall’s close-out stores, and the lesser-known HomeGoods, T.K. Maxx and A.J
Top-Flite Deal Looks Solid for Callaway…
Callaway chairman and CEO Ron Drapeau pointed to a number of leading economic indicators that show positive signs in the global economic landscape that usually impacts golf companies much more than the balance of the sporting goods market. Drapeau pointe
adidas Lost Two of It’s Stripes…
The European Court of Justice ruled that a two-stripe design, common on sporting goods throughout the EU, does not constitute trademark infringement. The case was brought by adidas against Fitnessworld Trading in Dutch courts five years ago, and has just
Oakley Loses Ground in Core Business as the U.S., Sunglass Sales and Hut Decline…
Oakley pointed to the lack of a new break-out model in its Sunglass line this year and heavier spring retail inventories that carried over into Q3 as reasons for the fairly sharp decline in its core Sunglass business for the third quarter…
