Columbia Signs Distribution Deal s for South Africa, Philippines
Columbia Sportswear Company has inked distribution agreements with South Africa-based Foschini Retail Group and Philippines-based Kenrich International Distributor Corporation (KIDC). These new relationships further Columbia's strategy to distribute
GSI Commerce to Sell Sporting Goods through Sears.com
GSI Commerce Inc. has entered into a definitive agreement with the Customer Direct business of Sears, Roebuck and Co. to supplement and enhance the variety of sporting goods products sold through the retailer's Web site. sears.com will supplement it
Implus Adds European Sales Director
Responding to its rapidly growing international business, Implus is adding David Wallace to its international team as Director of European Sales. David joins Implus with extensive experience in both the footwear and apparel categories with Adidas, New Ba
Nike Children’s Shoes In CPSC Recall
The U.S. Consumer Product Safety Commission, in cooperation with Nike Inc., issued a voluntary recall of about 9,000 children's athletic shoes. The Nike Get-Go and Little Get-Go children's athletic shoes, which were on the retail floor for Back
Dick’s Moving Fast on Galyans Integration; Raises Guidance
Dick's Sporting Goods does not appear to be as affected by the licensed apparel or fitness equipment issues that have caused other sporting goods retailers to reduce their expectations for the second quarter. That fact, coupled with the retailer’s i
lucy Opening Portland, Oregon Store
lucy will open its first Portland-area store in northwest Portland's historic building, The Henry, in mid-October. The Portland-based retailer debuted online as lucy.com in November 1999. After closing the website in 2001, the company – whose headqua
Cabela’s Looks West; To Open First Utah Store
Cabela's is in negotiations to build a 150,000-square-foot store near Lehi, Utah, and plans to have it open for business by late 2005. Construction is scheduled to begin in the summer of 2004. Cabela's expects to employ as many as 400 people to
Gen-X Acquires Rights to Savier Brand
Gen-X Sports Inc., a wholly owned subsidiary of The Forzani Group Ltd. has acquired the North American rights to the licensed trademark of “Savier”. Savier is an authentic skate shoe brand that is owned by a wholly owned subsidiary of Nike Inc…
Delta Exec Named President at MJ Soffe
Ken Spires has been appointed president of the M. J. Soffe Co., effective immediately. Spires, who is currently VP of Technical Services for Delta Apparel, Soffe's parent company, will report to Jim Soffe, CEO of M. J. Soffe. Joe Cimaglia, Ray Ed
Dick’s Posts Solid Q2; Raises Guidance
Dick's Sporting Goods, Inc. reported that net income for the second quarter ended July 31, 2004 increased 16% to $17.9 million, or 34 cents per diluted share, compared to net income of $15.5 million, or 31 cents per diluted share, in the year-ago per
NRF: College Students Advance to a New Level of Spending
The second annual NRF 2004 Back-to-College Consumer Intentions and Actions Survey, conducted by BIGresearch for NRF, found that the average college student will spend $605.69 of their own money on back-to-college merchandise this year. Before returning to
Nike Establishes New Value Market Strategy…
Nike, Inc. has played another hand as it develops its brand segmentation strategy to penetrate all levels of the retail market. With the $43 million deal to acquire Official Starter Properties LLC and Official Starter LLC and its Starter, Team Starter an
Huffy 2003 Loss to Widen; Will See $70 mm Q1 Loss…
Huffy Corporation announced late Friday that $3.5 to $5.0 million in accounting entries, related primarily to customer deductions, credits and reserves for inventory valuation and doubtful account receivables for the former Gen-X Sports business, should h
Shoe Carnival Shrugs Off Weaker Comps to Strong Bottom Line Gain in Q2…
Shoe Carnival reported weak comps for the second quarter, but met the Street’s expectation on the bottom line, generating a 25% increase in EPS over 2003. CEO Mark Lemond said they saw a “difficult sales pattern” in the second quarter, but were able to “
Bell Sports Merged with Riddell Sports in $240 Million Deal…
Fenway Partners, Inc., the private equity firm that owns Riddell Sports Group, has acquired Bell Sports and its Bell and Giro helmet brands in a $240 million deal with current Bell Sports owners Chartwell Investments Inc., GarMark Partners LP and Wachovia
