adidas to Kick Off Third T-Mac Asia Tour
adidas is emabarking on its third consecutive summer tour to Asia with NBA superstar Tracy McGrady. The company said the T-MAC Tour is designed to continue to “further the growth of the game of basketball, while providing the many fans in the region the
Golf Town Q2 Comps Up 4.7%…
The healthy retail environment in the Canadian sporting goods market seems to be relatively broad-based, spanning from Hockey to Outdoor to Golf. Golf Town is taking advantage of this and has seen both top-line and bottom line increases for the second qua
Escalade Inc. Appoints New CEO
Escalade, Incorporated has appointed Daniel A. Messmer to serve as president and CEO of Escalade, Inc. effective immediately. Mr. Messmer will replace Robert E. Griffin who has served as the interim CEO effective since April 19, 2006. Mr. Griffin will c
Head NV Posts Q2 Loss on Shrinking Sales, Lower Margins…
The second quarter was a reversal of fortunes of sorts for Head N.V. as momentum it gained in the first quarter gave way to declines across all divisions of its business in Q2. Still, management said that they have met their internal expectations as the
Execute Sports Adds to Sponsorship Roster
Execute Sports, Inc. has signed Craig Warner to its Execute vest and wetsuit team and also to its Kampus footwear team. Craig is one of the leading pro racers on the American Power Boat Association (APBA) tour, and is currently amongst the top competitors
Many Thanks for the Very Energetic Support…
It has been a whirlwind couple of weeks with back-to-back shows and the announcement we made last week that The SportsOneSource Group was acquiring from VNU Business Media all trademarks, brands, and assets that are part of the Sporting Goods Business gro
adidas Group Ups Sales Guidance on Strong Q2…
adidas Group increased its guidance for the year on better-than-expected gains at both brand adidas and TaylorMade-adidas Golf in the second quarter. The company also increased guidance on its full year brand adidas outlook despite footwear backlog decli
NFL Adds to Footwear Suppliers…
Early last week, the NFL named Under Armour as an authorized supplier of footwear, enabling the brand to supply NFL players with branded footwear for use during games. In addition, the company may use NFL and club logos to promote its footwear products.
TM-aG Increases 2006 Guidance on Strong Q2, GNC…
TalylorMade-adidas Golf sales increased 30.7% for the second quarter to €264 million ($332 mm), compared to €202 million ($255 mm) in the 2005 second quarter. In U.S. Dollar terms, TM-aG sales grew 30.3%. TM-aG currency-neutral sales increased 28% in the
Nike Promotes from Within…
Nike made a series of personnel moves last week, promoting Gary DeStefano to president, global operations and Trevor Edwards to VP, global brand and category management. Succeeding DeStefano as head of Nike USA will be Craig Cheek, while Joaquin Hidalgo,
Hibbett SG Lowers Q2 Guidance Despite 11% Sales Jump…
In a preliminary sales report, Hibbett Sporting Goods saw strong top-line results for the second quarter for fiscal 2007, but now expects to report net income per diluted share of 12 cents to 13 cents versus the previous guidance for the second quarter of
Sweden Leads Group to Reject EU Footwear Duties…
Thirteen European countries, led by Sweden, vetoed legislation that would place five years of anti-dumping duties on leather footwear produced in China and Vietnam. Unless other legislation is passed, this will now cause the current duties, designed to pr
Outdoor Recreation Contributes $730 Billion to U.S. Economy…
Outdoor Industry Foundation introduced a research report designed to document the economic impact of outdoor recreation spending. The well-attended press conference included comments from Frank Hugelmeyer, president of Outdoor Industry Association, Secret
Danner Lands U.S. Marine Boot Contact…
LaCrosse Footwear’s Danner subsidiary has been awarded an indefinite delivery/indefinite quantity contract to produce the Mountain Cold Weather Boot designed for the U.S. Marine Corps. The contract could span up to five years and anywhere between 500 and
Pacific Sunwear Q2 Net Halved on Slowing Comps…
Pacific Sunwear of California, Inc. had one of its toughest quarters in recent memory, with a slight increase in sales that was trumped by a mid-singles comp sales decrease and building, bloated inventories. The combination cut the bottom line contributi
