SGB Update

adidas-Salomon Q4 Profit Slides 27% on 5.9% Sales Gain…

Based on preliminary figures, adidas-Salomon sales in 2004 increased 3.4% to €6.48 billion ($8.06 bn) from €6.27 billion ($7.10 bn), a 7% improvement in currency-neutral terms. Net income for the Group in 2004 increased by 20.8% to a record €314 million

Escalade Issues Earnings Warning for 2004

Escalade, Inc. announced that results for fiscal 2004 are significantly below last year's results due to unexpected excess inventory adjustments; adjustments to the restructuring costs recorded in the third quarter; and legal and other costs associat

Phoenix Misses Guidance; Tunney Exits…

In back-to-back press releases late last week, Phoenix Footwear announced that the company’s President and Chief Operating Officer, Greg Tunney is resigning, and announced they would not meet quarterly or annual guidance. These two blows sent PXG stock tu

Five New Members for Kelty’s Commute Line

Kelty showed off five new bags in its Commute line. The bags, titled Tucson, Santa Cruz, Auckland, Santiago, and Vancouver, range from slim over-the-shoulder to large, wheeld duffles…

Reebok Gives More Visibility to a Strong Quarter…

After Reebok International reported third quarter earnings last year more than one analyst – and some trade media — gave Reebok International a gentle nudge to be more forthcoming about the impact that the acquisition of The Hockey Company had on the Reeb

Kellwood Halves Earnings Guidance…

Kellwood cut their Q4 and full-year guidance in half on weak sales in women’s sportswear and aggressive markdowns in reaction to a disappointing fall season. Net earnings in the fourth quarter are now expected to be $6.5 million, or 23 cents per diluted s

Malden Mills and FIT Create Design Competition

Malden Mills, makers of Polartec® performance textiles, has joined forces with the Fashion Institute of Technology’s Fashion Design department. The result is a design competition that incorporated FIT design philosophies and talent with the leading techno

Reebok Team Uniforms Files Chapter 11

Fab-Knit Ltd., Reebok International’s team uniform licensee, last week filed for Chapter 11 Bankruptcy protection in U.S. Bankruptcy Court in Texas. The company, which does business as Reebok Team Uniforms, listed assets and debts in the $1 million to $1

Booth Creek Posts Solid Q4…

Booth Creek Ski Holdings, the parent company to Norhtstar, Sierra at Tahoe, Waterville Valley, Mt. Cranmore, and Loon Mountain saw revenues decline and expenses increase during the company’s fiscal fourth quarter, which ended on October 29. The ski resort

prAna Looks Forward to 13th Year

As prAna heads into it's 13th year of business, the company continues to
keep a tight focus on the youth market.
PrAna got it's start in the climbing market and has built its name in that
community by creating long-standing relationships with yo

Retailer’s Bankruptcy Causes Shift in NSGA Board, Chairmanship…

The National Sporting Goods Association Board of Directors has elected A.J. Blanchard, EVP/Hardgoods of Academy Sports & Outdoors, as Treasurer/Chairman-Elect, replacing Doug Pearson, who resigned from the Board of Directors for business reasons…

OR Wraps Another Winter Market…

Outdoor Retailer closed another Winter market this afternoon after a revised calendar shifted the show to a Saturday through Tuesday format. While there was much discussion in the aisles about weaker traffic levels, it appeared to BOSS that the show had

Julbo Adds to Its Women’s Specific Lines

Julbo adds the Sonic MT, Magnet, and Deep to its women's line of sunglasses. These shades are specifically designed to fit a female face, with the bridge of the nose and facial features taken in to consideration. The neoprene covered temple tips are

adidas-Salomon Q4 Profit Slides 27% on 5.9% Sales Gain…

Based on preliminary figures, adidas-Salomon sales in 2004 increased 3.4% to €6.48 billion ($8.06 bn) from €6.27 billion ($7.10 bn), a 7% improvement in currency-neutral terms. Net income for the Group in 2004 increased by 20.8% to a record €314 million