SGB Update

Canari Appoints New Reps

Canari Cycle Wear has appointed new sales representatives. Jeff Stewart is the new Canari rep for Texas, Oklahoma, Arkansas and Louisiana and Jim Rasmussen is the new Canari rep for Orange, San Bernadino, and San Diego counties in California…

adidas Admits to U.S. Missteps, Looks to Future…

As is any twelve-step process to recovery, it’s important first to admit that you have a problem. adidas-Salomon management believes they know what they need to do to fix the weakened U.S. adidas brand business, including a major branding campaign and a

LaCrosse Repositioning in Full Swing…

LaCrosse Footwear, Inc. continued its move to reposition the company away from higher volume/lower margin sales to a long-term strategy of delivering more innovative product to their retail channel, including the addition of more lifestyle product. Stron

Airwalk on the Auction Block…

In documents obtained by Sports Executive Weekly last week, it was revealed that Airwalk International, LLC has seen its banker — and largest secured creditor — take foreclosure action against the company in an effort to recoup its losses…

Sport Chalet Has Largest Gain in Years…

Sport Chalet posted its highest comp store sales gain since fiscal fourth quarter of 2001 when it reported an 11.3% comp store gain, and the first Q2 positive gain in three years as it capitalized on the growth in newer stores to show a nice 3.7% gain in

Bear Stearns Reveals the Real Skinny on the CamelBak Deal…

In a story first reported in SEW’s sister publication, The B.O.S.S. Report last Monday, Bear Stearns Merchant Banking confirmed Thursday that they have purchased CamelBak Products, Inc. from Kransco Group owner John Bowes’ family in a $210 million all-cas

Hockey Co. Sees Tough U.S. Market…

The Hockey Company Holdings, parent of the CCM, JOFA and KOHO brands, rode stronger equipment sales and some foreign exchange rate gains to higher earnings for the third quarter ended September 30, 2003. The new Canadian holding company reports figures i

Hall of Fame to Honor Three More…

The Sporting Goods Industry Hall of Fame has selected Jim Chick, Phil Knight and Jerry Turner as the three newest members of the industry’s most exclusive club. The induction ceremonies will be conducted at the NSGA’s Annual Management Conference & Team

Everyone’s Got the Outdoor Retail Bug…

Sportsman’s Warehouse of Midvale, UT is planning to open 30 stores in 12 states by the end of next year. This aggressive growth strategy will almost triple the current square footage of the company – bringing it to 48 storefronts from 18 currently…

NRF Report Sees Upbeat Retail Execs…

The latest Executive Opinion Survey conducted by the National Retail Federation (NRF) and the Bank of Tokyo Mitsubishi Ltd. (BTM) indicates that retail executives are buying into the strengthening economy, spiking the Retail Sector Performance Index due t

Sneakers Drove Strong August in Mall…

According to the Monthly Mall Merchandise Index compiled by the International Council of Shopping Centers, sales per square foot for non-anchor mall stores rose 2.8% in the month of August versus the year-ago month. The July increase was 2.2%. Continued

SportHill Sponsors The Nordic Link

Located in Steamboat Springs Colorado, The Nordic Link is a cross-country ski program run by PSIA* certified ski enthusiasts, Katie Lingquist and Emily McWatters. Providing instruction for the novice to the advanced, the program offers specialized women&#

Saucony Announces Quarterly Dividends

Saucony, Inc. announced that its board of directors declared regular quarterly cash dividends of $0.040 per share on the company's Class A Common Stock and $0.044 per share on the company's Class B Common Stock. The dividends will be paid on Jan

Pacific Sunwear Q3 Net Income Jumps 54% on 14% Sales Gain

Pacific Sunwear of California Inc. reported net income for the third quarter of fiscal 2003 jumped 54% to $24.5 million, or 31 cents per diluted share, from net income of $15.9 million, or 21 cents per diluted share, for Q3 last year. Sales for Q3 were $