Mavis to Oversee All Product at Brooks
Brooks Sports, Inc. has elevated Stan Mavis to senior vice president of product. Formerly senior vice president of apparel and accessories, Mavis will now take on new footwear management responsibilities to help Brooks leverage recent brand and category g
Giuliani Partners Invests in CamelBak
Giuliani Partners announced that it is becoming a strategic investor in CamelBak Products. According to Giulliani Partners, “CamelBak has developed a superior product with applications that extend well beyond the sports and recreation market into the real
Forzani Cuts Full Year Earnings Forecast; Sees Q1 Momentum
The Forzani Group Ltd. reported that net earnings for the fourth quarter will be between C$0.46 and C$0.48 per share versus C$0.43 per share in the prior year. The company has revised its earnings guidance for the year ended February 1, 2004 to between C
BackcountryStore.com Reports Seventh Year of Triple Digit Sales Increases
BackcountryStore.com reported record sales for 2003, with an increase of 134% year-over-year versus 2002. The increase is the 7th year in a row of triple digit growth for the company. In addition, the fourth quarter of 2003 was BackcountryStore.com’s bigg
Profitability Falls for Specialty Fitness Dealers
Profitability and productivity for specialty fitness dealers fell in 2003 according to data reported in the just-published National Sporting Goods Association (NSGA) Cost of Doing Business Survey…
Upper Price Point Footwear Sales Down, Middle Price Points Up
The numbers are not encouraging for those pushing
$100-plus sneakers. Athletic footwear costing $100 or more slipped from 2.6% of the sports footwear market in 2002 to 2.2% in 2003, according to data released by the National Sporting Goods Association (NS
Kimbrall Joins Tecnica as Brand Promotions Manager
Tecnica USA has named Bob Kimball to the position of brand promotions manager of its U.S. outdoor footwear division. Kimball's primary responsibility will be to increase the Tecnica brand presence among consumers through grassroot events, sponsorshi
SEC Suit Sheds New Light On JFF Vendor Tactics…
While the Martha Stewart trial has been hyped to no end by the media, once captivating those that adored her efforts to bring good taste to the super market checkout line, the case surrounding the flameout at Just for Feet appears to be capturing all the
WNBA and Russell Corporation Reach New Marketing Partnership
The Women's National Basketball Association and Russell Corporation have reached a new multi-year marketing partnership beginning with the 2004 WNBA season. The partnership will focus on the Women's Division of Russell Corporation, which include
Billabong Grows In Adverse Conditions
Billabong leveraged international sales to post strong numbers for the company’s first half of fiscal 2003-04. US sales jumped 27% in local currencies, with EBITDA in the US rising 36%. Australian sales were up 11% with “double digit profit growth” in key
Shoe Pavilion Swings to Profit in Q4 Despite Charge
Shoe Pavilion, Inc. reported net income of $24,000 for the fourth quarter ended January 3, 2004, compared to a net loss of $354,000 or ($.05) per share for the year-ago quarter. Net sales increased 7.6% in Q4 to $22.2 million from net sales of $20.7milli
Tell Me Again What I Won Here???…
You can use your name, but just don’t let anyone see it and don’t tell anybody about it. That appears to be the bottom line in a trademark infringement case between Quicksilver and Kymsta in their dispute over the use of the Roxy and Roxywear brand names
Sport Supply Group to Voluntarily Delist Shares
Sport Supply Group, Inc. announced that it intends to voluntarily terminate the registration of its securities by filing a Form 15 with the Securities and Exchange Commission on March 5, 2004. SSG expects to realize significant cost savings as a result o
Puma AG Keeps the Momentum Going; Margins Jump 500+ Basis Points…
Puma AG said they are two years into their “Phase III” growth plan and believe they can exceed market growth for the balance of the Phase III period that runs through 2006. They see gross margins that continue to run in the 48% to 50% range, SG&A in the
adidas Shuffles Upper Deck in Portland…
Unless you were under a rock last week you know by now that the Germans have established a firmer grip on adidas America, purging more senior management a week ago Friday, most notably Tim Joyce, the brand’s EVP in Portland…