SBI Lays Out Fila Reorganization…
Fila plans to eliminate roughly 29% of positions worldwide as new parent Sports Brand International embarks on a “strategic reorganization of the Fila brand. Jon Epstein, CEO of SBI said Friday that the reorganization was designed to achieve global effi
K2 Completes Worth Deal; Parish is New Rawlings President…
K2 Inc. has completed another milestone in its mission to develop the world’s preeminent sporting goods company, after completing the acquisition of Worth, Inc. KTO expects the deal to be accretive to its earnings per share in the first 12 months after
Market Reacts to Bright Vans Outlook…
Vans, Inc. saw shares surge more than 26% for the week to close at $11.20 on Friday after the company advised investors that it is revising its first-quarter and full-year earnings estimates upward…
PONY Loses Some Juice…
Earlier last week Pony parent company, GBMI, announced that they would be teaming up with publisher Kashy Kaledi to launch a new lifestyle magazine called Juice, but the company was forced to pull the name after it was discovered that the name has already
Isabel Stings, But Doesn’t Bite…
As Hurricane Isabel tore through the Mid-Atlantic states last week, it reportedly had mixed results on sporting goods vendors and retailers. There was even a small hint of a silver lining in the dark clouds for at least one retailer that opened a new sto
Dick’s SG Plays the Bay Area…
Dick's Sporting Goods outlined a bit of its vision for their Private Label business while answering questions at the Banc of America Securities Investment Conference in San Francisco last week…
Second Quarter Retail 10-Q Filings Reveal Key Categories, Disappoints…
The former Gart Sports filed its 10-Q for its 2003 fiscal second quarter, covering the financial results of the previous Gart Sports side of the business only…
Footlocker, Inc. broke sales down a bit further for its second quarter in its 10-Q filing wit
DaKine Enters InterBike
DAKINE announces its entrance into the 2003 Interbike Trade Show taking place October 12-14, 2003 at the Sands Expo & Convention Center in Las Vegas, Nevada. For the first time in the company’s history, DAKINE will showcase
its expanded Spring/Summer ’04
OR Winter Market – Same Show, New Demo…
Outdoor Retailer confirmed today that the upcoming 2004 Winter Market (Jan 30 – Feb 2) will continue in its traditional four-day format. This announcement comes in response to industry speculation that Winter Market was moving to a three-day show. Outdoor
OIA Releases Participation Study
Who wants to go out and play? Not as many Americans as last year, according to Outdoor Industry Association's Outdoor Recreation 2003 Participation Study. The study reports that overall, participation in outdoor activities declined from 2001 to 2002,
OIA Rendezvous Right Around The Corner…
There's not a better opportunity for retailers, manufacturers, sales representatives, media, and other industry members to learn, recreate, discuss industry issues and spend time with new and old friends then at the Rendezvous. Check out the “look wh
SBI Announces Major Strategic Reorganization at Fila
A strategic reorganization of Fila and its worldwide subsidiaries was announced Friday by Jon Epstein, CEO of Sport Brands International Ltd (SBI), the new owners of Fila. The reorganization is designed to achieve global efficiencies for the company and r
Black Diamond Hires Some New, Old Faces
Black Diamond Equipment announced the hiring of
three industry veterans to further bolster their product development team. The new additions are Dave Narajowski as the Senior Design Team Leader, Bill Belcourt as the Climbing Hardware Category Manager and
Exped Expands Rep Force
Exped has added Luke Buckingham to cover the Northeast, while Chris Hall and the RepSouth group will cover the Southeast U.S. Dave Cockburn, Kiwi Outdoor Representation, will handle the Southwest duties…
Nike Sees Fiscal Q1 Earnings Rise 21% on Exchange-Aided Growth
NIKE, Inc. reported that revenues for the fiscal first quarter ended August 31, 2003 increased 8.0% to $3.0 bn, versus $2.8 bn for the same period last year. First quarter net income totaled $261.2 million, or $0.98 per diluted share, compared to a loss o
