Collegiate Pacific Income Jumps 48% on 170% sales Increase
Collegiate Pacific reported fiscal fourth quarter net sales jumped 170% to $18.2 million vs. $6.7 million in Q403. Operating Profit rose 456% to $1.56 million vs. $280,000 in Q403. Net Income climbed 48% to $923,000 vs. $623,000 in Q403. For fiscal 2005,
adidas Orginals Launches Ali by adidas Collection
adidas Originals announced the launch of Ali by adidas, a groundbreaking apparel and accessories collection developed in collaboration with Muhammad Ali. The line, which will be available in the U.S., is part of the adidas Sport Heritage division which w
The Hockey Company to Open New Global Headquarters
The Hockey Company has completed the purchase of 900,000 square feet of land in the Ville St-Laurent borough of Montreal. The site will be home to the company’s 240,000 square foot, $20 million global headquarters and North American distribution center. T
Broder Bros. Acquires NES Clothing Company
Broder Bros., Co., the largest U.S. distributor of imprintable sportswear, has acquired NES Clothing Company, the leading distributor of imprintable sportswear in New England. Bain Capital, a leading global private equity firm headquartered in Boston, Ma
Collective Licensing in JV to Launch Von Dutch in U.S.
Collective Licensing International, LLC has entered into a joint venture with France-based Footwear Europe Export and Trading (F.E.E.T. s.a.s.) called Marque Group USA. F.E.E.T. s.a.s., a subsidiary of Groupe Royer, owns the worldwide rights for the Von D
Scott USA Completes Sales and Service Organization
Scott USA has completed their 2005 sales and customer organization with the hiring of Silas Hesterberg to the customer service department. Silas Hesterberg is currently ranked second in Utah in Semi-Pro downhill, and has years of experience working for Co
OR Sees Nordic Presence Increase at Winter Market
While many outdoor industry folks are still unpacking from their hectic summer travel schedules, the staff at Outdoor Retailer is hard at work planning the upcoming Winter Market show to be held in Salt Lake City, Utah. OR has seen an increase in Nordic b
Chaco Launches Footwear Recycling Program
Participating Chaco retailers are offering a 20% discount on all like types of footwear traded in: Flips for flips, sandals for sandals, boots for boots. Chaco will disinfect the old shoes and ship them to The dZi Foundation for distribution to the monast
Hi-Tec Appoints New U.K. Director
Hi-Tec Sports has appointed David Goulding as Managing Director of it’s UK subsidiary. Goulding will be replacing Brian Chambers who is retiring after 18 years of loyal service to the brand.With over 20 years of experience within the footwear industry, Go
High Sierra Extends Licensing Agreement with USSA
High Sierra Sport Company will continue its agreement with the U. S. Ski and Snowboard Association (USSA), the national governing body for Olympic skiing and snowboarding, to supply travel bags to the U.S. Ski and Snowboard Team. The agreement calls for H
McNett Retains Backbone Media
The McNett Corporation has retained Backbone Media LLC of Carbondale, Colo. to manage its public relations efforts and brand development…
Vendors Continue to Rack Up Profit Gains in Q2…
The industry’s vendors found new ways to boost profits in the second quarter even as sales growth started to moderate a bit. Companies in the Softgoods sector, which includes Footwear and Apparel, saw profit growth outpace sales growth by nearly a three-
Billabong Fights FX Rates to Post 14% Income Gain…
Billabong fought negative currency fluctuations and came out on top for their fiscal year ended June 30. Worldwide full-year sales totaled AU$679.3 million ($484.9 mm), an 8.2% increase over last year’s AU$628.0 million ($367.2 mm). Net profit increased 1
The Sports Authority Sees Positives in Merger, But Grapples with Integration Pains…
The New Sports Authority is attempting to get over the hump and navigate through the obstacles to a smooth integration of the now year-old merged entity that combines the former Gart Sports and The Sport Authority. The bottom-line appears to be a clear b
Dick’s Expands New England Presence…
Dick's Sporting Goods hasn’t wasted any time expanding its New England presence after losing out in its bid for the Bob’s Stores real estate. The Pittsburgh-based retailer with its roots in Binghamton, New York opened its second Maine location at th
