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
Callaway Golf May be Fishing for Offers After Lee Bid…
Callaway Golf Company confirmed late Thursday that it has been approached with unsolicited indications of interest from various parties from time to time, but “no firm offers have been made, no substantive discussions are currently under way, and neither
adidas Sees Soccer Sales Topping $1 Billion in 2006
“Having the world's biggest sporting event take place in our home market is a once-in-a-lifetime opportunity,” Herbert Hainer, CEO of adidas-Salomon AG told journalists at the adidas World Cup Day. “adidas is ready for the World Cup, and for 2006 we
Cabela’s Becomes State Political Issue…
Nebraska gubernatorial candidate, Dave Nabity is basing a portion of his campaign on an economic development bill designed, in part, to bring a new Cabela’s retail store to Sarpy County. The bill, LB500 – now dubbed the ‘Cabela’s Bill’ was rejected by sta
310 Motoring Gets in The Game…
310 Motoring announced a partnership with hip-hop performer, The Game, to create a signature sneaker, “Hurricane by 310.” This is 310’s first effort in athletic shoes. A lifestyle sneaker will debut this Holiday. 310 will launch a performance basketball
The Sportsman’s Guide Pulls Secondary Offering; Will Re-State Earnings…
Sportsman’s Guide pulled its planned secondary offering of shares, citing “uncertain market conditions.” The company had filed the S-3 registration papers with the SEC in early May for a proposed public offering of 2,500,000 shares of its common stock for
Sportsman’s Guide to Restate Earnings; Pulls Secondary Offering
The Sportsman’s Guide, Inc. will change its accounting for Buyer’s Club membership fees and restate certain of the company’s previously issued consolidated financial statements. In other SGDE news, the company has pulled its planned secondary offering of
Oakley Opens Mexico City O Store
Oakley, Inc. has announced the opening of an O Store in Mexico City, Mexico. This O Store is Oakley's eighth international licensed location and will be owned and operated by Grupo Sanborns, S.A. de C.V., a unit of Grupo Carso well-known for its reta
Cloudveil Adds Several New Faces and Promotions
Cloudveil hired several new people to further bolster areas of support and to meet demand. In Jackson, Cloudveil has added Ned Hutchinson as Product Line Coordinator, Casey Shaw as Product Line Development/Designer and Annie Putnam as the Consumer Marketi
