VewDo Adds New Reps; Opens Burlington office
Balance Designs, creators of the Vew-Do™ Balance Board and re-inventor of the concept, continues to build their sales and customer service team. Five more reps have been added, with Kurt Moscarello covering Metro NY; Kurt Kopp in WI, IL, MN; Kennon Smith
Sport Chalet Fiscal Q4 Net Jumps 516%; Comps Up 10.5%
Sport Chalet, Inc. reported that sales for its fiscal fourth quarter ended March 31, 2004 increased 19.2% from $58.2 million to $69.4 million. Comparable store sales increase 10.5% for the period. Net income increased 516.0% to $328,000, or five cents p
Dodge Receives Light Sentence in JFF Case; Epstein Settles SEC Suit
Steve Dodge, the former vice president of U.S. Sales for the pre-Nike Converse, Inc., was sentenced on Tuesday by United States District Judge Judge C. Lynwood Smith Jr. in the ongoing Just for Feet fraud case. Dodge will serve 18 months probation with s
VF and Vans Get Early Termination in Antitrust Waiting Period
VF Corporation and Vans, Inc. announced that they have received notification of the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the previously announced merger of Vans into a wholl
Chris Smith Joins Specialized as U.S. General Manager
Chris Smith will join Specialized Bicycles as General Manager of its USA Sales division. Chris comes from a solid background in specialty bicycle retail. In 1980, along with partner Clay Mankin, they opened Hickory Hill Bicycle Shop in Memphis TN and in
Samuel C. Johnson Passes Away…
Samuel C. Johnson, the businessman, philanthropist and environmentalist known affectionately as “Sam,” died quietly at his home in Racine, Wisconsin, on May 22, 2004. An internationally respected business leader, Mr. Johnson believed “business should ser
Bill Birch Leaves Five Ten
Five Ten announced that Bill Birch, the company’s long time sales agent for the UK, will leave the company to pursue other interests and to spend more time with his family. Five Ten recognizes Bill’s outstanding job over the last ten years in helping to b
BDE Wins Readers Digest Award
Black Diamond Equipment was highlighted recently in the May issue of Reader’s Digest as one of “America’s 100 Best New Discoveries.” Black Diamond’s Gemini headlamp was named “Best Flashlight” by the magazine, which reaches over 11 million readers each m
Foot Locker Comments Overshadow Q1 Results…
Some people just never seem to learn from their own past actions (or words).
Foot Locker, Inc. arguably gave up a year of potentially strong growth when it decided to “punish” Nike a year and a half ago, handing the urban fashion mall business to a the
While Foot Locker Makes the Footaction Integration Look Easy…
Foot Locker, Inc. said the infrastructure integration of Footaction is “essentially complete”, indicating they expect to have the stores “re-merchandised” during the second quarter, but the Foot Locker nameplate will be clearly positioned as the “leading
Dick’s Seems to Like the Competition…
Dick's Sporting Goods looks to be quite pleased with their entry into the Indianapolis market, the hometown of rival Galyan’s Trading Company. The retailer also continues to look south as it soon enters the former home state of its chief competitor,
Galyan’s cuts SKU’s and inventory in turnaround plan…
Galyan’s Trading Company was the lone comp sales decliner so far in our review of sporting goods retail results, but the 1.4% decrease slowed a bit from recent quarterly results, coming on top of a 6.3% comp sales decrease in Q1 last year. The comp sales
Gander Mountain Sees Upside in Newer Warehouse Formats, Southern States…
Gander Mountain Company reported sales and earnings results for the first time as a public company, but the earnings picture that looked brighter at year-end just before its very strong IPO fell back into the red again as the net loss widened more than 21
Hibbett Sets Bar Higher Again in Q1…
Hibbett Sporting Goods posted another record quarter and continues to improve upon its model that enabled the company to deliver an 8.1% return on sales for the first quarter versus its sector-leading 7.1% ROS for the 2003 full year and a 6.6% ROS in Q1 l
U.S. Sporting Goods Retail Starts Year with a Strong Sales Gains…
A number of U.S. sporting goods retailers reported fiscal first quarter results last week, showing as a group a 22.9% increase in sales for the period. (see chart on page 5) The four retailers join Big 5 Sporting Goods, which already reported Q1 results,
