June is Proclaimed ‘Great Outdoors Month’
President Bush has formally declared June “Great Outdoors Month.” According to the OIA, the request for this proclaimation was made by the organization's key contact in the White House. Much of the language used in the document is based on the OIA�
American Skiing Company Appoints New VP — Eastern Lodging
American Skiing Company has appointed Brandon McCarter to the newly created position of Vice President — Eastern Lodging. Most recently, Mr. McCarter was Vice President of Lodging and General Manager of the Grand Summit Resort Hotel at Mount Snow, Vermon
May Retail Comps Mostly Surprise and Delight…
While May retail sales results were tough to read as a trend and did not offer up any solid consensus on the health of retail, the reports issued last week by dozens of public companies did appear to re-affirm the feeling that the U.S. retail economy is i
Memorial Day Shift Hurts Some at Retail; Jobs Picture Could Lead to Brighter BTS…
Pacific Sunwear continued its positive string of monthly comps store sales gains in May, albeit at a slower pace that saw the mall teen retailer post its first non-double-digit comp gain since March of last year. The Buckle appears to be putting together
Global Retail Sales Show Mixed Results…
While the U.S. retail market continues to post healthy comp stores sales growth, the global retail market has seen mixed results over the least few months, with Europe starting to see the healthiest gains…
All Eyes on Gander Mountain…
Several top investment firms initiated coverage of Gander Mountain this week, including Piper Jaffray, Bank of America and William Blair & Co. – the firm that floated the outdoor retailer’s IPO. The company received high marks from all analysts, who cited
Retail Execs See Lighter Traffic But More Sales in May…
It looks like the most recent Executive Opinion Survey, a monthly index by the National Retail Federation, was a fair indicator of the health of the retail business in May as retail execs also noted that the prediction of a negative impact of higher gas p
Forzani Sees Continued Challenges in Canadian Sporting Goods Market…
Forzani started the year off on shaky ground on the sales front, thanks in large part to heavy price competition and a declining sporting goods market north of the border, but shook off the tougher market and posted a 38% increase in net income for the pe
Zanatta Leaves Lotto Board; Tecnica is Now Sole Focus…
Giancarlo Zanatta, President of the Tecnica Group, has resigned his position as a member of the board of directors of Lotto Sport Italia in an effort to focus on re-launching the Nordica and Rollerblade brands world-wide…
G-III Feels the Sting of Declining Sports Fashion Market…
G-III Apparel Group widens its net loss for the fiscal first quarter ended April 30, due primarily to continued softening in the company’s “fashion sports apparel” category and efforts to clear the slower goods that cut deeply into margins. The company s
American Recreation Parent Boosts Net Income 18.5% in Q1…
Kellwood, Inc. first quarter sales increased 2.1% to $686.1 million, compared to $672.3 million last year due to a combination of organic growth of $5 million, or approximately one percent, and the acquisition of Phat Fashions which provided an additional
Nike in Deal with Arena Football …
The Arena Football League has entered into a three-year marketing partnership with Nike, who will serve as the AFL’s Official Uniform, Sideline Headwear, and Sideline Apparel Supplier through 2007. As part of the deal Nike will develop an exclusive unifor
But Loses Hoosier Deal to adidas…
The Hoosiers have made the switch from Nike to adidas for the school’s entire athletic department. The decision marks the first time that adidas has been the licensed product vendor for all of IU’s sports. Nike had held a majority of the contract since 20
Sporting Goods Sales Pace Online Sales Growth in 2003…
According to The State of Retailing On-line 7.0, a Shop.org study conducted by Forrester Research of 150 retailers, 2003 on-line retail sales improved 51% to $114 billion, surpassing all industry expectations. Each on-line product category experienced str
Specialty Retailers Again Outpace Sporting Goods; Profit Gains Outpace Sales…
The industry’s Retail sector experienced much of the same sales and profit upside seen in the Vendor sector (SEW_0422), as earnings growth here more than doubled the pace of sales gains in the first quarter. Concerns about rising gas prices and consumer
