SIA SnowSports Retail Audit Reveals Deeper Price Deflation at Specialty…
According to the preliminary SIA Retail Audit for the first five months of the 2003/2004 winter season, total sales for the winter sports market increased by 1.5% to $1.35 billion compared to $1.33 billion in 2002. Unit sales were up 4.6%, signaling some
Dynasty Apparel Appoints New VP of Sales
Dynasty Apparel has named Hector Rodriguez as Vice President of Sales. He will oversea all aspects of the team licensed divison. He will also identify new business opportunities that will extend and maximize Dynasty's growth plans. Hector was VP of
SSK Japan Inks Exclusive U.S. Distribution Deal with SKS Sports
SSK Japan has announced a new agreement with SKS Sports America,Inc. providing the company with an exclusive licensing and distribution agreement for the SSK product line in the United States…
Sports Group International Appoints New Search Consultant
Sports Group International, an executive search firm serving recreational products companies and services organizations, announced the appointment of D.J. Kazmierczak as Executive Search Consultant. Kazmierczak will be responsible for serving organization
Schutt Sports in Sponsor Deal with State Association
Schutt Sports and the Illinois High School Association have announced that the “Official Rim of IHSA Basketball” is being manufactured by Schutt. The company is now sponsor of the Schutt Sports Slam Dunk Spectacular competition held in conjunction with t
SGMA: Sports Licensed Products Sales Surging
Sports licensed products retail sales in the U.S. and Canada rose 7% in 2003 over 2002 to reach $12.1 billion. The increase since 2001 has been an impressive 15%. Sales outside the U.S. represented less than 10% of total sales in 1998, but rose to 20% i
Patagonia Pushes for Dam Removal on Lower Snake River
As a result of a partnership between The Save Our Wild Salmon Coalition (SOS) and outdoor apparel company Patagonia, Inc., over ten-thousand emails and letters have been sent to President George W. Bush since October 30th, urging him to remove four dams o
Escalade Sports 2003 Earnings Up 15% on 10% Sales Gain
Escalade, Incorporated reported that annual net sales at Escalade Sports increased 10% over the prior year to $139.3 million, but for the fourth quarter net sales declined 1.5% compared to the previous year. However, net income for the fourth quarter incr
Footstar Gets Another Bank Extension; Warns of Chapter 11 Possibility
Footstar, Inc. reported that it has received a waiver and extension until February 27, 2004 of the requirement to provide financial statements to the syndicate of banks, led by Fleet National Bank, that provide the Company's $345 million senior secur
Cutter and Buck Responds To Insurance Case Ruling
Cutter & Buck Inc. responded to the court's issuance of an order rejecting the company's claims against Genesis Insurance Company. Cutter & Buck had sought reinstatement of its directors' and officers' liability insurance policy, which
The Finish Line Promotes Two Executives
The Finish Line, Inc. announced that Al Goizueta has been promoted to Vice President of Stores and Mike McCall has been promoted to Regional Vice President…
Dick’s Q4 Comps Up 4.6%; Company Ups Guidance
Dick's Sporting Goods, Inc. reported that net sales for the quarter ended January 31, 2004 increased 20% to $474.4 million compared with $395.2 million for the quarter ended February 1, 2003. Comparable store sales increased 4.6%. Due to better-than-
Sport-Haley Sees Shift in Sales Management
Sport-Haley, Inc. announced that Robert W. (Bob) Haley, President and the head of the HALEY sales organization, will be leaving the company to pursue other interests, effective March 31, 2004. Mark Maley has been appointed to the newly created position o
Dick’s SG to Issue $125 Million in Bonds
Dick's Sporting Goods, Inc. announced that it intends to offer, subject to market and other conditions, approximately $125 million issue price of 20-year convertible senior notes through an offering within the United States to qualified institutional
Oakley Breaks $500 Million Barrier; Q4 Net Income up 540%
Oakley announced Q4 and full year results ended December 31, 2003. Q4 net sales increased 18.1% to $121.6 million, compared with $102.9 million in 2002. Net income for Q4 was $3.2 million, or $0.05 per diluted share, compared with $0.5 million, or $0.01 p
