BD Hires Two New Reps
Black Diamond Equipment Ltd. announced the hiring of Jack Tackle and Kim Miller as Climbing Hardware Sales Representatives for the Rocky Mountain Territory…
Ride Appologizes For Trade Show Banner
After posting a banner at two separate trade shows, reading “The worst thing about riding a Burton is telling your friend you're gay,” Ride Snowboards has issued a formal appology and launched a company wide re-education campaign. Several gay and les
Curry to be Named to International Tennis Hall of Fame
The International Tennis Hall of Fame has announced that John Curry, Chairman
of The All England Lawn Tennis Ground PLC, and Chairman of both the All England
Lawn Tennis Club and The Lawn Tennis Championships from 1989-1999, will receive
its 2004 Golden A
Cutter and Buck Can Almost Put the Red Ink Away
Cutter Buck announced Q3 sales were down 12.1% to $22.5 million from $25.6 million in the corresponding period last year. Third quarter net loss dropped 90.1% from $9.7 million last year to $0.9 million for 2004. Gross margin jumped 55 basis points from 3
adidas Lays Out New Strategies to Build Brand…
adidas-Salomon chairman and CEO Herbert Hainer has finally backed off his chest-pounding claims of grabbing 20% market share in the U.S. –- at least for now – and will instead focus on building a profitable business in North America…
Nike Boosts Fiscal Q3 Outlook…
While the world’s second-largest athletic brand continues to struggle in the U.S., its Portland cross-town “rival” appears to be hitting on all cylinders, issuing increased guidance for its latest quarter.
Dick’s Looks to New Strategies in Fitness, Golf and Outdoor for 2004 Growth…
Dick's Sporting Goods is laying the groundwork for another solid year ahead as it focuses its strategy on increasing business in its fitness and outdoor businesses while it leverages growth in private label to grow margins and sales. The retailer wi
Wall Street Likes What it Hears in New Shoe Carnival Strategy…
Fourth quarter earnings at Shoe Carnival Inc. fell 93% and comparable store sales declined 4.9% versus the year-ago quarter, but The Street appeared to like the company’s forward-looking strategy as they sent SCVL shares up 5.4% for the week to close at $
Quiksilver Sets New Base for Business Growth at $1 Billion…
Quiksilver, Inc. just passed the $1 billion sales mark for the trailing twelve months and is already looking at a $3 billion business down the road as it continues to strengthen its control of its brands worldwide, takes aggressive steps to expand its own
While Savier Shuts Down Its Business…
While DC Shoes found a savior of sorts, it appears that the ol’ Nike magic wasn’t enough to keep the fledgling Savier skate brand alive. The small Portland-based company that was funded in part by Nike in 2001 has shut down operations…
Urban Outfitters Doubles Q4 Income…
Urban Outfitters posted an impressive quarter to round out the year. The retailer reduced costs and increased margins to turn a 49.7% Q4 sales increase, from $117.6 million to $176.7 million, into a 120% increase in Q4 net income, from $8.4 million to $18
Variflex Struggles with the Seasons…
Variflex reported an $800,000 net loss for the fiscal second quarter, an increase of 14.3% from a net loss of $700,000 in the year-ago period. Net sales for Q2 were $8.5 million, down 14.2% from net sales of $9.9 million for Q2 last year. Net loss per di
Hibbett Looks to be More Important to Fewer Vendors…
Hibbett Sporting Goods expects to become more important to a number of vendors this year as they consolidate the business in the hardlines area to do more business with fewer brands…
The Footstar Store Liquidation Sales: Winners and Losers…
Now that the other shoe has dropped in the Footstar bankruptcy case with the company filing motions last week to close at least 165 stores, the conversation has turned from when FTS would file or who would buy it to speculation on who loses and who gains
Not So Fast There Mister Man…
Meanwhile, the proverbial fly in the ointment appeared in the Footstar bankruptcy case as GE Capital Corp., which holds the lease for “certain furniture, fixtures and equipment” with FTS. GECC filed a number of objections to the proposed bidding process
