Product Manager, Men’s Apparel — Burton
Burton, Inc. is seeking a Product Manager – Men’s Apparel to be responsible for conceptualizing product lines that fit within the market, coordinating with team riders, sales and marketing departments on the development and production of the men’s
Stride Rite Second Quarter Sales Slip 3% on Keds and Hilfiger Weakness
The Stride Rite Corporation reported financial net sales for the second quarter of fiscal 2005 decreased 3% to $159.6 million from $165.0 million in the comparable quarter in fiscal 2004. Operating income in the second quarter of 2005 was $18.2 million, a
Sporting Goods See Second Straight Month of Improved Sales
The Monthly Retail Trade Survey, prepared by the U.S. Census Bureau, reported sales in sporting goods stores of $2.61 billion (preliminary) for the month of April, up 13.3% from the $2.3 billion in April 2004. The increase follows a 5.0% increase in March
Reorganization Plan Puts Huffy Under Chinese Control
Huffy has reached an agreement in principle on a Plan of Reorganization with the China Export & Credit Insurance Corporation and Huffy's primary suppliers, referred to as the “Sinosure Group,” and the Official Unsecured Creditors Committee. The agree
Sport Chalet Fiscal 2004 Sales Climb 17% on 5.7% Comp Increase
Sport Chalet fiscal year ended March 31, 2005 sales increased 17.0%, from $264.2 million last year to $309.1 million this year. The increase is the result of opening five new stores this year and three last year, as well as a same store sales increase of
Olberz Transfer of Sport Chalet Shares Will Give Management More Control
The Sport Chalet, Inc. board of directors has proposed a recapitalization plan designed to facilitate the orderly transition of control from Norbert Olberz, the principal stockholder, to SPCH management and increase financial flexibility for the company a
Amer Sports Appoints Suunto Oy President
Amer Sports has appointed Juha Pinomaa as president of Suunto Oy effective September 1, 2005. Juha has made an extensive career in Nokia Mobile Phones, where he has during the past 17 years held several executive positions in general management, internati
NRF Takes Steps to Eliminate Organized Retail Theft
In continuation of its efforts to fight organized retail theft, the National Retail Federation (NRF) recently conducted a survey to gauge the impact that this type of crime is having on the retail community. The first of its kind, the survey polled 41 sen
Backcountry.com Launches Snowboard Vertical…
Backcountry.com is establishing a “for us by us” mindset among its snowboarding employees and customers with the launch of its sixth vertical on-line retail store. Dedicated entirely to Snowboard equipment and apparel, DogFunk.com will leverage Backcountr
TEA-LU, SAFETEA, and LWCF See Action in Congress; Access Fund Fights for AZ…
House and Senate members were appointed to a conference committee to iron out the differences between the House bill, TEA-LU – H.R 3, and the Senate bill, SAFETEA – S. 732. According to America Bikes, after a good deal of behind-the-scenes negotiations, t
Eddie Bauer Emerges As an Independent Public Company…
Eddie Bauer emerged from the Spiegel, Inc. Chapter 11 reorganization process under its newly formed parent company, Eddie Bauer Holdings, Inc. After nearly 35 years, the retailer is once again fully independent following over two years of reorganization a
Nike Q4 Earnings Up 15% on 7% FX Rate-Aided Sales Gain
Nike, Inc. reported fiscal fourth quarter revenues increased 7% to $3.7 billion from $3.5 billion for the same period last year. FX rate changess account for three percentage points of the growth. Fourth quarter net income was up 15% to $349.5 million, or
Nike Brand Breaks $12 Billion for Fiscal Year…
Last year at this time the comparable issue of Sports Executive Weekly (SEW_0426) was highlighted by a quote from Nike brand co-president Charlie Denson that, “It is a good day today.” Unfortunately, we will have to wait until tomorrow for any fiscal four
Finish Line to Focus More on Efficiencies as Comps and Top-Line Growth Moderate…
The Finish Line may have seen their best quarters of top-line growth behind them now as the athletic specialty retailer starts to settle into the reality of more moderate comparable store sales gains and focus on operational efficiencies as the main drive
Everlast Partners With Sports Accessories Group
Everlast Worldwide Inc. announced that it has entered into a licensing agreement with Sports Accessories Group, LLC of New York City for the production and marketing of a line of men's, children's and unisex bags, including backpacks, sports bag
