SGB Update Outdoor
Shoe Pavilion Posts Q2 Loss on Lower Comps
Shoe Pavilion, Inc. announced a net loss of $231,000 or (3 cents) per share, for the second quarter ended June 28, 2003 compared to net income of $528,000 or 8 cents per share, for the second quarter of 2002. Net sales decreased 6.9% to $21.2 million for
adidas Lays Out Plan for Troubled U.S. Market…
adidas expects fashion-driven footwear to be a short-lived trend in the U.S. market and is betting long term on performance as the primary driver of the brand in the U.S. Parent company adidas-Salomon laid out a strategy for the U.S. that puts “additiona
Major league Baseball Inks Landmark Licensing Deals…
In the most recent ESPN Sports Poll, almost a quarter of all respondents picked the NFL as their favorite spectator sport. No real surprises with that result, except that it might be a little low, but it was the number two spot we found interesting…
Gildan Builds More Share in Fiscal Q3…
Gildan Activewear reported net sales for its fiscal third quarter benefited from the inclusion of an extra week in the reporting period. Sales were up 4.2% to C$204.0 million ($142.1 million) compared to C$195.7 million ($125.1 million) in the year-ago q
Top-Flite Can Use Cash for Lawyers…
Top-Flite Golf Co. received bankruptcy court permission last week to use cash that is collateral for secured debt to fund its Chapter 11 restructuring. The company’s unsecured creditors has challenged the company’s move to use the collateral, contending
Amer Group Gets Hurt by Weaker Golf Sales, Exchange Rates, and Asia Woes …
There are times when it just doesn’t pay to be a division of a corporation in another country, and that may just be the case this last quarter as the Amer Group PLC reported results that were negatively affected by the weaker dollar and a much stronger Eu
Marmot Mountain Ltd. Made two big announcements…
Marmot Mountain Ltd. made two big announcements the week before the OR show. First they were awarded the 2003 American Mountain Guides Association Industry award. Tom Fritz, Marmot VP of Marketing, will accept the award from Mike Alkaitis, Executive direc
Grivel Receives ISO 14001 Environmental Certification
Grivel has obtained ISO 14001 certification by the International Organization of Standardization. The certification acknowledges Grivel as a business in compliance with internationally established environmental regulations, and is valid for the 'desi
AAI gives Atlas Guides Choice Award…
Atlas Snowshoe Company received the American Alpine Institute's 2003 “Guides Choice” Award for both its men's and women's snowshoes..
Nike Opens Golf RandD Center; June Retail Sales Double
Nike Golf unveils its first full-service and dedicated research & design facility for the development of performance golf clubs and the testing of both golf clubs and golf balls in Fort Worth, Texas. The company alos revealedits latest retail golf sales
Ross Comp Store Sales Up 2% for July
Ross Stores reported sales of $303 million for the four-week period ended August 2, 2003, a 13% increase above the $269 million in sales reported for July last year. Comparable store sales for the same period increased 2% on top of a 4% gain in the prior
TJX July Same-Store Sales Up 3.0%
The TJX Companies, Inc. reported July 2003 sales were $899 million, up 11% over $810 million achieved during the four-week period ended August 3, 2002. Consolidated comparable store sales for the four-week period increased 3% from last year…
Nordstrom July Comps Increase 6.1%
Nordstrom, Inc. reported preliminary sales of $690.2 million for the four-week period ending August 2, 2003, an increase of 9.0% compared to sales of $633.4 million for the four-week period ending August 3, 2002. Same-store sales increased 6.1%…
Phenix and Bogner Join Forces
Longtime industry associates Phenix skiwear and Bogner of America are teaming up to strengthen both companies. Phenix and Bogner recently signed a service agreement designed to help Phenix cut operational expenses and enhance Bogner’s bottom line…
Columbia’s Footwear D.C. to Land in Kentucky
Columbia Sportswear Company announced its intention to construct a new footwear distribution center in Henderson County, Kentucky. This will be Columbia's second U.S.-based distribution center. The Company expects the construction of the distribution