adidas-Salomon and Intersport in Strategic Agreement
adidas-Salomon and the INTERSPORT International Corporation (IIC) announced Tuesday the signing of a four-year strategic agreement that lays a strong foundation for future business strategies and strengthens the selling and distribution process of both gr
Consumer Confidence Exceeds Expectations in June
Reuters is reporting that U.S. consumer confidence was broadly unchanged in June, contrary to expectations, as cautiousness over business conditions tempered optimism over rallying stocks, the Conference Board reported on Tuesday…
GBMI Gets Design Award for Diesel
Global Brand Marketing, Inc. received the “Best Women's Footwear Collection” award for the third annual Sportswear International Fashion Awards (SIFAS) for Fall/Winter 2003/2004. The winners were selected from a global pool of brands that “possess e
NSGA: Internet Increases Share of Sports Equipment and Footwear Purchases
Purchases of sports equipment on the Internet continue
to grow, according to data in the National Sporting Goods Association consumer purchases study “The Sporting Goods Market in 2003.” For 2002, the Internet was the source of 4.6% of all sports equipmen
LiquidGolf to Acquire Golfwarehouse.com Parent
LiquidGolf Holding Corporation announced the execution of a Letter of Intent to acquire RG Golf, the parent company of Golfwarehouse.com…
W.C. Bradley To Pull Out of Golf Village…
The company best known for its Char-Broil grills is reportedly discussing options to exit its PGA Tour Stop shop at the World Golf Village in St. Augustine, FL.
W.C. Bradley Co. opened the 31,000 square foot store in 1998 at the village that is also home
SRAM Completes RockShox Move…
The end of a cycling success story came to somewhat of an end last week as SRAM Corp. took the final steps in the closure of the RockShox manufacturing facility in Colorado Springs. SRAM, the manufacturer of braking and shifting components, acquired the
Brunswick Expands Table Assets…
Dynamo, LP, a manufacturer of commercial and consumer pool, foosball and table hockey products, particularly for the coin-operated and specialty retail sales channels.
VF Stumbles on Retail Inventory Woes…
Shares at VF Corporation, the parent company of The North Face, Eastpak and Jansport, dropped 8.8% for the week to close at $35.23 on Friday after the company issued a rather dim view of its prospects for the second quarter…
Fila Completes Sale to Epstein Group
Fila Holding SpA on Tuesday sold all of its subsidiaries, including Sparks, Md.-based Fila USA Inc., to a Fila management team for $351 million in cash. The new owner is Sport Brands International LLC, whose partners include Fila USA's current chi
The Finish Line Will Crush Q1 Earnings Guidance; Ups Full-Year Estimates…
Based on the first quarter sales report issued last week, The Finish Line is upping its earnings guidance for Q1 and the balance of the year…
Quiksilver’s Global Reach Shows Sales Gains — and Inventory Pains…
Quiksilver is capitalizing on its own retail stores, a premium brand message and lifestyle image at home to navigate through the negative retail environment as it benefits from a weaker dollar to post higher sales and margins in Europe.
New Pony Collection Unveiled…
SPORTS EXECUTIVE WEEKLY last week had a chance to take a sneak peek at the new GBMI incarnation of the Pony brand at the recent FFANY show in NYC. Some product will be available for late Holiday delivery with a full launch in spring of 2004.
Ashworth Lowers Prices to Drive Sales…
Ashworth is capitalizing on its license for the Callaway brand, but price pressure from competitors and a soft retail environment has caused the company to cut prices on its basic product in the 8% to 10% range in the second quarter to fuel at-once busine
Puma Recovers After Share Sell-Off…
Shares at Puma AG rebounded a bit by the end of the week after falling Monday on news that the company’s largest shareholder Monarchy/Regency Enterprises, put its entire 39% holding up for sale. Puma closed down 3.6% for the week to close at €83.70. Gol
