Galyan’s May Get New Honeymoon Period for New CEO…
Galyan’s Trading Company has been given a new honeymoon period as the markets appear to be taking a positive approach to new company CEO Ed Holman. GLYN shares jumped more than 32% for the week to close at $10.62 on Friday after Holman laid out a number
NSGA Survey Focuses on Sporting Goods Retail Profitability…
Full-line sporting goods and specialty sport retailers did not fare as well this year as far as profitability goes, according to the NSGA’s Cost of Doing Business Survey.
The report, published every two years by the National Sporting Goods Association, in
Cutter and Buck Gives Investors Reason to Cheer About, But Sales Still Struggle…
Cutter & Buck signaled its continued drive back to health last week, announcing that it will pay out a dividend for the first time. Shareholders of record on March 26 will receive a dividend of five cents per share…
Callaway Golf Defends its Turf
Callaway Golf Company has seized 27,000 club-heads from Newport Golf, an Anaheim, California-based entity controlled by a Jimmy Lin. A court-mediated settlement recently gave Callaway Golf over $800,000 and 28,000 other golf club components valued at mor
Apparel , Ski-Systems, and Snowboarding are Hot at Specialty Stores…
According to the most recent SIA Retail Audit for the 2003/2004 winter season, total sales for the winter sports market increased by 1.8% to $1.72 billion compared to $1.69 billion last year. Unit sales were up 4.6%, again signaling some price erosion.
Yue Yuen Continues Vertical Moves…
Yue Yuen released first quarter financials that showed the manufacturing company diversifying both it’s categories and regional distribution.Net sales showed a 5.4% increase over last year, from $611.5 million to $644.7 million. Gross margin dropped 170 b
Timberland Appoints New Global Marketing Chief
The Timberland Company announced the appointment of Carol Yang as Vice President of Global Marketing. In her new role, Carol will be responsible for directing overall brand strategy and marketing communications for the Timberland brand worldwide. She will
PowerBar Founder Maxwell Dies from Heart Attack
Brian Maxwell, the founder of PowerBar, died of an apparent heart attack on Friday. He was 51 years young. Maxwell, who was ranked as the number three marathoner in the world in 1977, is credited with starting the energy bar industry that today is a nec
Bite Footwear Adds New Midwest Reps
Bite Footwear has hired two new sales representatives to expand the company’s sales in the Midwestern region. Rick Harnisch and Steve Humphreys are the latest additions to Bite’s team….
NSP Hires New Assoc. Director of Education Programs
The National Ski Patrol has hired Kyle Hanson as associate director of education programs for the association. Hanson’s primary responsibilities will be enhancing NSP’s Outdoor Emergency Care Program and promoting its use within the association and the o
Outside Magazine Fights Inactivity in College Students
Outside Magazine announced the launch of “Outside University,” a nationwide tour of colleges and universities designed to promote an active lifestyle to a new generation of enthusiasts…
Petzl and UOL Raise $10,000 for Recreation Protection
Petzl, in partnership with Utah Open Lands, recently raised $10,000 in funding for land protection and preservation in Utah's Grand County. Petzl sponsored a special screening of the Banff Mountain Film Festival in Moab in an effort to raise awarenes
Salter Group Buys Back Gen-X Close-Out Business
Huffy Corporation has sold its Gen-X 'opportunity' business to a group headed by its original founders, James Salter and Kenneth Finkelstein, and industry veteran Rick White for an undisclosed amount. HUF CEO Paul D’Aloia said that the sale of
Nike Posts a $500 Million Sales Increase in Q3…
Nike is starting to see the planets align for continued growth in sales and earnings going forward as they whittle away at the cost of goods and the market reports improvement in sales of $100+ footwear. The market shift — aided by tighter inventories t
Walden Ads Two New Reps
Walden Kayaks announced that it has hired two experienced sales representatives to the Walden Kayaks team, Don Otey and Ethan Ebersold. Otey will cover the Mid-Atlantic region, while Ebersold is the new western sales representative…
