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
OR Summer Market – Another Successful Show…
The weeks leading up to OR Summer Market are generally full of anticipation, tight deadlines, and frayed nerves. This year, these effects were multiplied by the fact that OR celebrated its 25th birthday, extended the outdoor demo to two days, expanded the
Adams Golf Gets Irons Help in Q2, but Drivers Cut in Half…
Adams Golf saw total net sales increase 29.8% to $25.7 million for the second quarter from $19.8 million for the same period last year. Net sales of drivers decreased 54.8% to $2.8 million, or 10.9% of total net sales, for the second quarter from $6.2 m
Vaude and Edelrid Move Forward
In March, Vaude acquired Edelrid and now both companies are setting integration strategies to use Vaude’s apparel experience with Edelrid’s hardgoods experience. Edelrid will continue to focus on developing, producing, and distributing climbing hardware b
Spy Optic Signs Two Australian Distribution Agreements
Spy Optic, Inc. has signed two separate distributions agreements in Australia with Quattro Sports and GAS Imports Australia Pty Ltd. Quattro Sports will distribute Orange 21's Spy Optic products to Australia's action sports market. GAS Imports A
TIA: Prince’s O3 White Holds Top Spot
According to the Sports Marketing Surveys/Tennis Industry Association Specialty Store Retail Audit, the Prince O3 White holds the number one spot in the Hot New Racquets categories in Q2 2006. In addition, the Prince brand has 25.6% of the total dollar sh
Firethorn Golf Parent Adds North America Corporate Promo Head
Sales and marketing veteran Michael O’Bright has joined Montreal's Redstone Apparel Group to head the company’s North American corporate promotional division. Montreal-based Redstone is the parent company for Firethorn Golf, as well as other performa
VAUDE and Edelrid Clarify Joint Strategy
In March 2006 VAUDE and the climbing brand Edelrid were combined. Together, both companies are now setting a strategic course for integrating their competencies and fortifying both brands’ market position in Germany and abroad. VAUDE’s eperience in the cl
Patagonia Finalizes Single Brand Transition
Effective Spring 2008 the Water Girl, USA brand will
transition to Patagonia Women's Surf. The decision comes as the final step in Patagonia's brand architecture simplification, which has included the transition of Lotus Designs to Patagonia Pad
Head Slips into Red on 5% Revenue Decline
Head N.V. second quarter net revenues were down 5.3% to €63.8 million ($78.0 mm). Operating result before restructuring costs and gain on sale of property, decreased by €3.2 million ($3.9 mm) to a loss of €2.9 million ($3.5 mm). The loss for the period wa
Nike Extends NFL Footwear Agreement
The National Football League has extended its agreement with Nike for the sporting goods giant to continue as an authorized supplier of NFL footwear. An NFL partner since 1995, Nike will continue to supply NFL players with branded footwear for use in game
Big 5 Posts 42nd Consecutive Quarterly Comps Increase
Big 5 Sporting Goods Corporation saw net sales increase $13.7 million, or 6.9%, to $211.8 million for the second quarter from net sales of $198.1 million last year. Same store sales increased 2.9%, representing the company's 42nd consecutive quarter
Pacific Sunwear Sees Income Drop in Q2
Pacific Sunwear of California, Inc. reported total sales for the second quarter of $313.7 million, an increase of 1.5% from $309.1 million last year. Second quarter net earnings were 14 cents per diluted share, down from 28 cents per share last year. Net
G.I. Joe’s Names Vendor; Rep of Year
Recognizing a successful partnership and dedication to provide high quality footwear to running enthusiasts throughout the Pacific Northwest, G.I. Joe’s named Asics, Inc. of Irvine, California as its 2006 Vendor of the Year. In addition, Doug Williams of
Cabela’s Accounting Review Sees No Top or Bottom Line Changes
Cabela's review of its prior accounting policies did not impact the Company's revenue, net income, total assets, stockholders' equity, or earnings per share for any prior periods. However, it did impact the company's statements of cash
