SGB Update Outdoor
Kohl’s September Comps Up 5.5%
Kohl's Corporation sales for the five week fiscal period ended October 4, 2003 increased 18.0% over the five week fiscal period ended October 5, 2002. On a comparable store basis, sales increased 5.5%…
September Comps At Ross Up 5%
Ross Stores reported sales of $363 million for the five week period ended October 4, 2003, a 16% increase above the $314 million in sales for the five weeks ended October 5, 2002. Comparable store sales for the same period rose 5% on top of a 7% gain in t
Cannondale Makes Some Pre-InterBike Changes To Management
Cannondale is heading into the Interbike trade show and the 2004 season with a renewed dedication and focus on the marketplace that are reflected in organizational changes to its senior management team. The new team includes previously announced hires Jo
Ashworth Opens First Resort Concept Shop
Ashworth is opening its first Resort concept shop at Parisian Riverchase Galleria on October 18th. The shop will feature the latest in multimedia and interactive technology as well as a full selection of Ashworth apparel and Callaway Golf apparel includin
Salomon Looks to Grow Apparel…
Salomon president Jean-Luc Diard said during his presentation last week that his division, which includes Mavic in Cycling, Arc’teryx in Outdoor, Bonfire in Snowboard and Cliché as their European Skateboard line, saw sales “pretty much” double since 1997.
INTERBIKE is THE Place To Be This Weekend…
The InterBike Tradeshow is shaping up to be a record-breaking event on just about every level. Preliminary attendance levels are the highest they have been since 1998 with 14,000 retailers from 3,300 bike shops pre-registered. The show has seen a 43% gro
Reebok Taps Sonny Vaccaro to Run Grassroots Basketball
Reebok International and sports marketing legend Sonny Vaccaro have entered into an agreement to create a comprehensive grassroots basketball platform designed to further connect the sports and fitness brand to the youth basketball market. Vaccaro will b
Nautilus Loses Latest Round in Suit Against ICON
A U.S. Federal District Court has granted ICON Health and Fitness, Inc.'s Motion for Summary Judgment of Non-Infringement under the Doctrine of Equivalents. Nautilus will appeal this decision to the Federal Circuit Court of Appeals once the District
JC Penney September Comp Store Sales Inch Up 0.7%
J. C. Penney Company, Inc. reported today that comparable department store sales increased 0.7% for the five weeks ended September 27, 2003. Sales of Back-to-School merchandise continued to perform well in September, while overall sales softened during t
Tamarack Postpones Opening
Tamarack Resort, the $1.5 billion new ski area in the Idaho Rockies, has postponed Alpine Skiing due to commence this winter until 2004/5. Tamarack was one of two new ski areas due to open this winter, along side Moonlight Basin in Montana.
Columbia and Jeep Join Forces
Columbia Sportswear Company and the Jeep are teaming up to offer the new limited-production “Columbia Edition” Jeep Grand Cherokee, Liberty and Wrangler. Available in both the United States and Canada, vehicles will begin arriving at dealerships this fall
adidas Sees Continued U.S. Weakness…
At the company’s Investor Day presentation last week, adidas-Salomon AG CFO Robin Stalker discussed the difficulties that the company is having in the critical U.S. market, revealing that North America full-year sales for 2003 are expected to come in belo
Tiger Goes Back to a Nike Driver…
Tiger Woods has changed drivers again, switching back to a new Nike driver after a two month stint with his old Titleist 975D model. The new Nike club will be the largest he has ever used in competition. Woods has been struggling with control off the te
Phoenix Expands Stable in Royal Robbins Acquisition Deal…
Phoenix Footwear has signed an agreement to acquire Royal Robbins. The deal includes $6.5 million due at closing with an additional contingent purchase value of around $5 million based on a two-year earn-out formula. The initial payment will consist of $6
Wolverine Again Sees Merrell Lead Q3…
Wolverine World Wide said that Merrell continues to be its major growth driver, but company president and CEO Tim O’Donovan said it is also encouraging to see major contributions from the other footwear businesses…