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
Johnson Outdoors Aims to Boost Sales through Discount Chains
Johnson Outdoors Inc. will try to boost sales by creating more products for big discount chains, starting with Eureka! tents at Wal-Mart stores this year…
U.S. to Push for Limit on Vietnamese Textiles
Trade negotiators today will discuss limiting Vietnamese clothing exports to the United States following skyrocketing sales during the past year…
Gilbert Drops K2/Rawlings Objections; Declines Board Seat
Investor Daniel Gilbert, a nearly 15% stakeholder in Rawlings Sporting Goods Company, Inc., announced Wednesday that he is now supporting the proposed merger with K2 Inc…
Reebok Expands Mall Presence to Limited Too
Reebok and Limited Too announced a partnership that includes Reebok footwear in Limited Too's stores, website, and “catazine” — the retailer's product and promotions guide which is mailed to more than 4 million girls several times per year…
Liquidmetal Narrows 2002 Loss
Liquidmetal Technologies announced revenues for 2002 grew to $13.1 million compared to $3.9 million in 2001, a 238% increase. For the full year, the net loss including discontinued operations amounted to $18.4 million, or $0.47 per share, compared with a
Nordy’s Fiscal 2002 Profits Slide 28%
Nordstrom, Inc. reported net earnings and earnings per diluted share for fiscal 2002 ending January 31, 2003 decelined 28% to $90.2 million and $0.66, respectively. Fiscal 2002 net sales increased 6.1% to $6.0 billion compared to sales of $5.6 billion in
