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
Eric ‘EJ’ Jackson Honored by Children’s Museum
World Champion kayaker Eric “EJ” Jackson was recently inducted into Children's Museum of History, Natural History, Science and Technology International Hall of Fame for Bicycling, Rowing, Kayaking and Canoeing.
Footwear and Apparel Decline in July, but Data also Show Positive Moves in Key Categories…
While the athletic footwear business suffered through a down month in July, the general state of retail for the month was surprisingly resilient. Analysts attributed most of the gains shown at retail to consumers seeking shelter from the heat and clearan
Sport Chalet Sees Late Winter Boost Q1 Sales…
Sport Chalet, Inc. started their 2007 fiscal year with a bang, posting a double-digit sales increase in the first quarter ended July 2. SPCH said the gain was due to unusually late snowfall in local resorts, which drove demand for winter related items ea
Under Armour Named Authorized Supplier of Footwear for NFL
Under Armour has joined Reebok and Nike as authorized suppliers of footwear for the National Football League. The designation is part of a multi-year agreement that also includes advertising and marketing commitments with NFL Network, NFL.com, and the NF
Obituary: Bill Meistrell
Bill Meistrell was a pioneering waterman and lifeguard whose inventions, talents, and exploits helped transform surfing and diving into worldwide phenomena and billion-dollar industries. He died from Parkinson's disease on Tuesday, July 26th at his
Springboost Names VP/GM; Adds to Sales Force
Springboost has expanded its sales rep force. Newly added to the team are Julie Hasson and Paul Tobin of H & T Sales, Cartledge, Jerry Panowicz, Ken Geisinger, and Keith Frank. In addition, the company added a new VP and General Manager, Kevin Johnson,
Sporting Goods Sales Detract from Everlast’s Q2 Revenues…
Everlast Worldwide Inc.’s second quarter net revenues were down 4.9% to $9.8 million from $10.3 million in the same period in 2005. Net licensing revenues for the quarter increased 3.4% to $3.0 million from $2.9 million last year. Revenues from sporting g
SIMA’s Waterman’s Weekend Raises $450k
The Surf Industry Manufacturers Association (SIMA) Environmental Fund estimates more than $450,000 was raised for ocean-environmental organizations during the 17th annual Waterman's Weekend environmental fundraiser, August 4-5, 2006, at The St. Regis
Berkshire Hathaway Completes Russell Corp. Deal…
At a special stockholder’s meeting on August 1, shareholders of Russell Corp. approved of the acquisition that will see Russell become a subsidiary of Fruit of the Loom, Inc., itself a subsidiary of Berkshire Hathaway Inc. The $18.00 per share selling pri
The Walking Co. Takes Outdoor Footwear Inside the Mall…
When The Walking Company was purchased by Big Dog Holdings, Inc. in 2004, the company had revenues in the mid-sixty thousand dollars range, according to CEO Andrew Feshbach. This year, he said that he expects “very, very significant growth and [to] more
