SGB Update

FESI, the Federation of the European Sporting Goods Industry, representing in Brussels the interests of some 1,800 European Sporting Goods Manufacturers, attended two European events on the fight against counterfeiting, product piracy and organised crime.

Things look to be moving along nicely with the integration of the former TSA and Gart businesses, but it is increasingly apparent that the new management team will have a lot of work – and expense — ahead of them cleaning up the dozens of TSA stores that

Just days after Liz Claiborne finalized its acquisition of the Enyce brand from Fila, the architect of Fila’s management buyout by Cerberus Capital Management has resigned as president and CEO of the company set up to run the business. Sports Brands Inte

Lands’ End is seeing the same kind of pressure from the Workers Rights Consortium that nearly drove New Era to move their production overseas. WRC conducted an assessment at the company’s Primo Factory in El Salvador, which is a source for much of Lands’

The Canadian supplier of blank t-shirts, sport shirts and fleece, with offices in Barbados and manufacturing in Latin America, will now be using the U.S. dollar as its functional and reporting currency. The company also indicated that it will build addit

In a hastily arranged conference call with analysts last week, executives at Huffy Corporation lowered their guidance for the fiscal fourth quarter based on lagging November and flat October sales…

Russell Corporation announced that Robert D. Martin, senior vice president and chief financial officer, will leave the company effective December 31, 2003. Eric N. Hoyle, Russell's CFO from 1998 to 2000, will assume responsibility as interim chief fi

We’ve been waiting for the other shoe to drop as Callaway Golf Company moves to consolidate the operations of its recently acquired Top-Flite Golf divisions…

G-III Apparel Group, Ltd. has been busy cleaning up inventories and building a sportswear business to flatten out its sales cycles that have always depended upon outerwear sales…

While it appears at first glance that the Sporting Goods sector in our Q3 Retailer Performance Report (see page 11) outperformed the other sectors in net income growth, one only has to look at the extremely poor return on sales in the sector and it’s clea

Australia’s largest sporting goods retailer, Rebel Sport, reported their five-month YTD sales numbers increased 8% to A$108.5 million (US $79.9 million). Excluding the Glue lifestyle stores, the core sporting goods stores posted a sales increase of 7.6%.

Kmart Holding Company announced that they will be closing their New England distribution center in Billerica, MA when the lease runs out in February. The closure will put 250 hourly workers and 40 managers out of a job after the new year…

Coleman is cutting back on their payroll costs through a series of layoffs at two different plants. In Wichita, KS, 142 employees, most of whom assemble propane products, will be furloughed and 181 sleeping bag manufacturing employees will be cut at the