SGB Update

JM Dutton Maintains

J.M. Dutton & Associates continues its quarterly coverage of Deckers Outdoor maintaining a Buy rating. The 8-page report by J.M. Dutton senior analyst Gerald LaKarnafeaux, CFA, is available at www.jmdutton.com as well as from Bloomberg, Zacks, First Call,

LA Times Launches New Outdoors Section

Southern California is widely recognized for its diverse geography and adventurous outdoor recreation. Starting today, the Los Angeles Times is launching Outdoors, a new weekly section that will be the definitive source of journalism about nature, outdoor

Paul Adams Is TUBBS new Marketing Coordinator

Tubbs Snowshoes has named Paul Adams to the position of Marketing Program Coordinator.
Adams will oversee Tubbs event series, including the Tubbs Romp to Stomp Out Breast Cancer Event Series which has been expanded to five locations this season.

Sneakers Push Back-to-School Comps to the Upside…

There was a ray of hope about the short term future of U.S. athletic footwear sales as retailers announced significantly improved Back-to-School and August Results. Although the NSGA’s consumer survey released last week confirmed our previous report (

Almost Seems Unfair at this Point…

If exclusive marquee footwear product got people in the door at The Finish Line, they loaded up on Licensed Apparel once they got in the store, with the category reportedly “white-hot” everywhere and Reebok the primary beneficiary of a fashion trend that

Apparel Retail Looks Lopsided Too…

It’s also starting to sound like a broken record over at Pacific Sunwear as the other mall darling continues to yank business away from the teen retail sector through superior merchandising and product selection in two very different formats…

Meanwhile, Off the Mall…

Shoe Carnival posted a solid August, but is still playing it safe for the balance of the year, keeping inventories lean until they see a “more robust retail environment” for a sustained period of time…Famous Footwear has been working dilig

Johnson Outdoors Files Suit Against Former Diving Chief

Mahmoud Ashour has been named in a civil suit filed by Johnson Outdoors. According to the lawsuit, Ashour was dismissed from the company earlier last week after JOUT announced they were looking for a replacement.
The company claims that their former Eur

Nike Golf Builds Ball Share in August

Nike Golf said it sustained its third straight month with increased golf ball market share and a No. 3 ranking in the golf ball category based upon figures provided by industry standard Golf Datatech for green grass, golf
specialty and sporting goods reta

Kohl’s EVP of Stores Resigns

Kohl's Corporation announced Beryl Buley, executive vice president/director of stores, has resigned to pursue other interests. On an interim basis, the store operations group will report to Larry Montgomery, chairman and CEO…

Escalade Promotes Frandsen to CFO

Escalade, Inc. announced that Mr. Terry Frandsen has been promoted to Chief Financial Officer and Treasurer replacing Mr. John Wilson who is retiring to spend more time with his family. Mr. Frandsen joined Escalade in October 2002 as Vice President of Fi

Accessory Brands Nets NBA Deal

Accessory Brands Inc. announced it had won the license to sell and market the National Basketball Association licensed accessory items. The company did not disclose financial details of the deal but said it covers the NBA, NBA4her, NBA Bigman, and Hardwo

G-III Fiscal Q2 Profits Grow Four-Fold on 13% Sales Gain

G-III Apparel Group reported net sales of $45.3 million and net income of $2.7 million, or $0.37 per diluted share, for the three-month period ended July 31, 2003 compared to net sales of $40.0 million and net income of $576,000, or $0.08 per diluted shar

Asics to Sponsor Freestyle Wresting Chamionships

ASICS will partner with USA Wrestling to be the official footwear, apparel, and accessory sponsor of the 2003 World Championships of Freestyle Wrestling to be held September 12-14, 2003 at one of the world's most famous arenas, Madison Square Garden

West Marine Cuts Forecast on Poor Labor Day Sales

West Marine's CEO said that Labor Day weekend sales were “disappointing” and that WMAR is now running running low single-digit negative comparable store sales month-to-date in September. WMAR now expects Q3 EPS in the 37 cents to 39 cents range on s