SGB Update

The Finish Line Answers Critic with Q1 Performance…

The Finish Line left little doubt as to its current trend which appears to be onward and upward, at least in the footwear category. The mall specialty retailer saw May comp store sales jump 16%, with footwear posting a 20% increase and apparel a 2% decli

Gregory Hires Marketing Coordinator; Adds Midwest Reps

Gregory Mountain Products announced the hiring of Jake Martin as Marketing Coordinator for the brand. In this newly created position Jake will be responsible for public relations, market research, project coordination, and copywriting. Gregory is also p

Forzani Q1 Net Earnings Jump 38% Despite Weaker Comps

The Forzani Group Ltd. reported that retail system sales for the first quarter ended May 2 grew by 2.8% to C$227.7 million compared to C$221.6 million for the year-ago period. Combined revenues from corporate and franchise divisions increased 3.3% over Q1

Dagger and Yakima Sponsor Clif Bar’s ‘Natural Energy Tour’

Dagger and Yakima have signed up as Premier level sponsors for this summer's Clif Bar “Natural Energy Tour” to spread the word about renewable energy and the reduction of global warming. Clif Bar will send a retrofitted bus run entirely on biodiesel

West Marine May Comps Climb 6.0%

West Marine net sales for May were $82.2 million, a 10.3% increase from net sales of $74.5 million for the four-week period a year ago. Comparable store net sales for May increased 6.0% compared to the same period a year ago. Net sales for the twenty-one

American Eagle May Comps Jump 11.4%

American Eagle Outfitters total sales for the four-week period ended May 29, 2004 increased 20.1% to $117.3 million, compared to $97.6 million last year. Comparable store sales for the American Eagle Outfitters stores increased 11.4% for the May period. C

Elsey Resigns as Footwear Specialties Chief

Wayne Elsey has resigned from Footwear Specialties International after a five year stint as President and CEO. FSI is the parent company to Nautilus, SkidBuster and Third Watch Footwear. “The company and people are poised for positive growth in the indust

New Era’s De Waal Named to Caps for Kids Board

New Era Cap Co. announced that John De Waal, Vice President of Global Marketing, was appointed membership on the National Advisory Board for Caps for Kids, a charity organization dedicated to providing celebrity-autographed caps for children undergoing ca

White Resigns COO Post at Ajay Sports, Pro Golf

Ajay Sports, Inc. announced that Joseph White, Director, Chief Operating Officer, and Consultant to Ajay Sports and Ajay’s subsidiary Pro Golf of America Inc., has resigned to “spend more time with his family”. Ajay, the majority investor in Pro Golf, sa

Currency FX Rates Limit Rossignol’s Full Year Sales…

Rossignol closed the books on the company’s 2004 fiscal year, which ended in March. The group showed a 1.1% decline in sales when measured in Euros, down from €484.9 million ($482.0 mm) in 2003 to €479.4 million ($563.7 mm) for the past year. With over ha

Yue Yuen Closer to Providing One-Stop-Shopping for Vendors…

Yue Yuen is moving beyond footwear and apparel and into bags and accessories. The Taiwan based manufacturer has acquired a 30% stake in Prosperous Industrial Holdings Limited, an OEM/ODM manufacturer of sports bags, luggage, golf bags, hand bags and trave

Cabela’s Keeps the Momentum Going…

Cabela’s continues to see its Retail business capture a larger part of its fast-growing business as the big-box outdoor recreation retailer prepares for its pending IPO. Cabela’s is poised to partake of the same success experienced by rival Gander Mounta

Outlast Acquires Frisby Assets; Litigation Continues…

After nearly three years of legal battles over patent infringement between Outlast Technologies and Frisby Technologies over the rights to “Phase Change Materials”, Outlast has bought substantially all of the assets of its competitor…

New TSA Getting Closer to the Gart Model…

Doug Morton, vice chairman and CEO of The Sports Authority, will temporarily assume the chief merchant role as the retailer looks for a replacement for Elliott Kerbis after the president and chief merchant resigned last week. Morton pointed to five “very