Forzani Sees Big Upside in Close-outs…
Meanwhile, north of the border, Canada’s largest sporting goods retailer and franchisor saw the western provinces drag down sales results in the fiscal second quarter, with British Columbia and Alberta comping down “slightly over 5%” for the quarter compa
Billabong Rides Surfer Girl Wave…
Billabong released year-end financials and it looks like a strong year for the Aussie Surf-wear manufacturer with sales in America and Europe leading the way…
adidas Issues Bonds for Balls……
Published reports last week had adidas-Salomon making a $135 million cash bid for Top-Flite Golf Company, topping the $125 million offer made by the appointed stalking horse, Callaway Golf Company. The bids are part of the 363 asset sale required in Top-F
adidas’ McCool Takes One for the Team…
Tim McCool, director of apparel sales for adidas America, has agreed to plead guilty to a conspiracy charge involving Just for Feet. The U.S. Attorney's Office in Birmingham, AL confirmed that McCool had been charged with conspiracy to submit false s
Vaccaro Tires of the No Cash Routine…
SPORTS EXECUTIVE WEEKLY has confirmed that Sonny Vaccaro, adidas’ director of basketball, has resigned from the company. The move furthers impacts the floundering adidas basketball program that has lost quite a bit of share to resurgent Reebok and
NRF: Back-to-School Helps Fuel Retail Comeback
A strong back-to-school season and solid sales gains continue to fuel optimism in August as retailers begin looking ahead to the fourth quarter. According to the latest NRF-BTM Executive Opinion Survey, a monthly index by the National Retail Federation
Bowers Takes On More Duties at Oakley
Oakley today announced that Scott Bowers, Vice President of Sports Marketing, will take over additional marketing responsibilities for the Oakley brand. In his new role Mr. Bowers will be responsible for overseeing all aspects of Oakley's marketing p
Saucony Taps Carleo as New Marketing Head
Saucony announced the appointment of Tom Carleo
to the position of Vice President of Marketing for Saucony. In his new position, Carleo will
oversee product marketing direction for all categories of footwear, as well as establishing strategic brand direct
Slazenger Golf Appoints New President/CEO
Slazenger Golf Products Company has appointed golf industry veteran Chris Daltorio as the new President and CEO, setting forth a new platform that will allow golfers across the nation to have greater access to Slazenger apparel, gloves and balls. Daltori
Rawlings Inks New Five Year NCAA Baseball Deal
Rawlings Sporting Goods announced that it has entered into a new five year agreement with the National Collegiate Athletic Association (NCAA), which designates Rawlings as the official baseball of the NCAA…
Clif Bar Continues its Strong Environmental Track Record
In another significant effort to reduce its ecological footprint on the planet, Clif Bar Inc. announced today that all of the cartons (caddies) that hold its energy and nutrition bars on store shelves will be made with 100 percent recycled paperboard, of
Rocky Appoints Board Member
Rocky Shoes & Boots, Inc. announced Harley E. Rouda, Jr., has been appointed to its Board of Directors. He is serving as a Class I Director and the term expires at the company's Annual Meeting of Shareholders in 2005.
Ashworth Fiscal Q3 Profits Up on 5% Revenue Increase
Ashworth Inc. announced consolidated net revenue for the third quarter ended July 31, 2003 increased 5.0% to $38.0 million as compared to $36.2 million for the third quarter of 2002. Consolidated third quarter net income was $2.1 million or $0.16 per dilu
Kellwood Q2 Net Income Jumps on 14% Sales Gain
Kellwood Company reported sales for the second quarter increased 14% to $527 million, versus $463 million last year due to the acquisition of Gerber Childrenswear on June 25, 2002, and the acquisition of Briggs on February 4, 2003. Net earnings for Q2 ju
Kmart Posts Fiscal Q2 Loss as Comps Slide 5.4%
Kmart Holding Corporation reported a net loss of $5 million, or ($0.06) per share, for the fiscal second quarter of 2003. Kmart Corporation reported a net loss of $293 million for the 13 weeks ended July 31, 2002. Net sales for the 13 weeks ended July 3
