SGB Update Outdoor
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…
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
Nautilus Trips Over Bowflex Declines…
The Nautilus Group saw shares fall another 12.1% this week to close at $10.64 on Friday after the company issued a warning on Wednesday that Q2 and full year sales and earnings would fall short of expectations…
Malden Mills is on track to emerge from chapter 11 bankruptcy
Malden Mills is on track to emerge from chapter 11 bankruptcy by late August of this year…
Line Skis LLC Has Been Jumping Through Hoops
Line Skis LLC Has Been Jumping Through Hoops attempting to get their bindings to retailers. According to Jason Levinthol, the company spokesperson, “All in all, it's simply taking a lot longer to set up and solidify all the manufacturing than expect
FINL Pulls Away in the Mall…
As reported here in SEW 0323, The Finish Line saw fiscal Q1 comp stores sales jump 14% on top of the 3% increase in the year-ago period. In a conference call with analysts following the first quarter financials release, it appears that the mid-teens tren
Taylor Made-adidas Golf and Pixl Resolve Litigation
Taylor Made-adidas Golf Company and Pixl Golf Company have confirmed that the two organizations have been involved recently in litigation that “has been resolved to the mutual satisfaction of both parties”. Both Taylor Made-adidas and Pixl are prohibited
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…
