SGB Update

adidas Group Ups Sales Guidance ex-Reebok

adidas Group reported that second quarter Group sales increased 59% on a currency-neutral basis, driven by the consolidation of the Reebok business segment as well as higher than anticipated double-digit growth of both adidas and TaylorMade-adidas Golf. S

Johnson Outdoors Hires Currier and Associates

Johnson Outdoors has hired Currier & Associates of Brush Prairie, Washington to represent the company’s Eureka!â, Silva and Silva Tech4Oä brands in the Pacific Northwest. Currier & Associates’ territory will cover Alaska, Washington, Oregon, Montana and

New OIA Report Quantifies Economic Impact of Outdoor Industry

Outdoor Industry Foundation will release its first economic contribution study August 11th during the Outdoor Retailer Show in Salt Lake City. The study will quantify the economic contribution of active outdoor recreation to the U.S. economy. The purpos

Tecnica Taps Post to Run Nordica Apparel

The Tecnica Group appointed Bill Post as President and CEO of Nordica Apparel. Post, a 30-
year veteran of the outdoor/winter clothing industry, successfully managed Nordica
Skiwear through the 1990’s before becoming president of Sport Obermeyer in 2000..

Boa Tech Expands Outdoor Presence

Boa Technology has continued its partnership with The North Face, as well adding of two new premium outdoor footwear partners, Timberland and Montrail. While Boa and The North Face have successfully collaborated in the past, this is the first time Timberl

Hibbett Lowers Q2 DEPS Guidance on 11% Sales Jump

Hibbett Sporting Goods, Inc. net sales for the second quarter increased 11.0% to $104.4 million from $94.0 million for last year's quarter. Comparable store sales increased 0.6% in the second quarter of fiscal 2007. Based on these sales results, the

Asics First Quarter Rides International Strength

For the first quarter ending June 30, Asics Corp. saw net sales increase 21.3% to ¥51.7 billion ($452.8 million) from ¥42.6 billion ($396.5 million) last year. Overall international sales increased 36.6% to ¥32.6 billion ($288.1 million) from ¥23.9 billio

Speedo Signs 4-year Supplier Agreement with USA Triathlon

Speedo has signed a four-year agreement with USA Triathlon to become its official swimwear, uniform, and competition apparel through 2009. The brand will be worn by Team USA triathletes at the 2008 Beijing Olympics, expanding Speedo’s presence at the Olym

Garmin Picks Up New European HQ

Garmin Europe, Ltd., a division of Garmin Ltd., has signed a contract to purchase a new facility to serve as the company's European headquarters for distribution, marketing, and product support. The facility is located in Southampton, England on a 12

Golf Town Q2 Sales Jump 14.7%; Comps Up 4.7%

In the second quarter of fiscal 2006, Golf Town total sales grew to CA$82.1 million ($73.1 mm), an increase of 14.7% over the CA$71.6 million ($57.6 mm) recorded for the comparable period in 2005. The growth in sales was largely attributable to the additi

Irons Help, But Drivers Hinder Adams Golf in Q2

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; net sales of irons increased 118% to $18.3 million; net sales of

Nike Shuffles Management Deck

Nike shifted a large section of its managment team, promoting Gary DeStefano, previously head of U.S. Operations, to President, Global Operations; Trevor Edwards, previously Vice President, Global Brand Management, to Vice President, Global Brand and Cate

Danner Awarded Marine Boot Contact

The U.S. Marine Corps has awarded Danner Boots, a subsidiary of LaCrosse Footwear, Inc., with a five-year contract (one-year base period and four-option years) to produce between 500 and 40,000 boots over the life of the contract. The contract total is fo

Sara Lee Apparel Shrugs Off Sales Dip to Post Income Gains

For the fourth quarter of fiscal 2006, Sara Lee's soon-to-be-spun-off Branded Apparel division reported net sales of $1.13 billion, down 2% from last year. Operating segment income increased 57% in the fourth quarter to $98 million, compared to $62 m