Textile Imports from China Double in 2002
Imports of Chinese-made textile products more than doubled in the United States in 2002, surpassing Mexican textile imports for the first time in eight years, according to trade figures released last Thursday…
Shoe Giant Yue Yuen To Make Sportswear
Sports shoe giant Yue Yuen Industrial (Holdings) Ltd on Monday unveiled ambitious plans to move into the sportswear manufacturing market…
Kamik Names Hallgren VP Eastern Sales
Kamik has named David Hallgren to the position of Vice President Sales, Eastern Region, where he will direct Kamik’s sales efforts east of the Mississippi…
Confluence Watersports Hires New CFO
Confluence Watersports Company has appointed Miriam Beckman as the company’s new Chief Financial Officer. Beckman replaces Mike Hawes who has left the company…
Skechers on the Back Side of the Curve…
Skechers USA saw shares plunge 18.4% for the week after the company surprised the market — and the industry — with projections for Q1, which show a dramatic slowdown to their business…
MAGIC Can’t Pull a Rabbit Out of This Hat…
On the flight to Las Vegas for the MAGIC show last Tuesday I thought about complaining about making the fourth trip to the city-that-never-sleeps in as many weeks for trade shows. Then I thought about the exhibitors and attendees stuck under two feet of
Sportsman’s Guide Rides ‘Net Wave…
Internet sales are expected to account for a third of total sales at The Sportsman’s Guide in 2003 after reaching the 30% mark in 2002. Web sales represented 21% of sales in 2001…
Galyan’s to Stay in Hometown…
Galyan’s Trading Co. has decided to stay in Plainfield, IN, the town where it first started in business more than 40 years ago. The retailer had been looking at numerous sites in the Indianapolis area, but will now work with Plainfield to locate a buildi
Reebok: DOH! Part Too…
I believe it was Jim Carey in his unforgettable performance in The Mask that first exclaimed the words, “Somebody Stop Me!”, but someone at Reebok should be looking in the mirror and shouting the same this week after the company announced its latest retai
Earth and Ocean Sports Sinks…
The parent company of water ski and wakeboard brands O'Brien and Liquid Force ran out of money on February 10, 2003, laying off over 130 people in its Seattle and California facilities…
K2 Goes on Offense…
K2 is set to go on the offensive in 2003 after spending much of the last 18 months paying down debt and building a war chest. The umbrella company for several Inline Skate, Ski & Snowboard and Fishing Tackle and Water Products brands is also expected to
As Rawlings Investor Gives Go Ahead…
Daniel Gilbert, who holds nearly 15% of Rawlings' stock, said he has become comfortable with K2 CEO Dick Heckmann's vision for Rawlings and will support KTO’s purchase of the venerable sporting goods brand…
China Gives Nike Spanish Relief…
Nike lost its Spanish trademark battle, but may have won the war in the Chinese courts…
IT’S DONE. Gart and TSA Merge…
Gart Sports Company and The Sports Authority, Inc. announced that their boards of directors have unanimously approved a definitive agreement providing for a merger of equals to create the nation's preeminent sporting goods retailer. The combined comp
Skechers Ends Year with Q4 Loss; Sales Down 15.6%
Skechers USA, Inc. reported fiscal year 2002 net sales slipped 1.8% to $943.6 million, compared to net sales of $960.4 million in 2001. Net earnings for 2002 were $47.0 million, flat to 2001. Net sales for the fourth quarter of 2002 were $180.8 million c
