SGB Update

We’ve been waiting for the other shoe to drop as Callaway Golf Company moves to consolidate the operations of its recently acquired Top-Flite Golf divisions…

G-III Apparel Group, Ltd. has been busy cleaning up inventories and building a sportswear business to flatten out its sales cycles that have always depended upon outerwear sales…

While it appears at first glance that the Sporting Goods sector in our Q3 Retailer Performance Report (see page 11) outperformed the other sectors in net income growth, one only has to look at the extremely poor return on sales in the sector and it’s clea

Australia’s largest sporting goods retailer, Rebel Sport, reported their five-month YTD sales numbers increased 8% to A$108.5 million (US $79.9 million). Excluding the Glue lifestyle stores, the core sporting goods stores posted a sales increase of 7.6%.

Kmart Holding Company announced that they will be closing their New England distribution center in Billerica, MA when the lease runs out in February. The closure will put 250 hourly workers and 40 managers out of a job after the new year…

Coleman is cutting back on their payroll costs through a series of layoffs at two different plants. In Wichita, KS, 142 employees, most of whom assemble propane products, will be furloughed and 181 sleeping bag manufacturing employees will be cut at the

­Atomic Ski announced the addition of AJ Kitt to its
talented roster of on-hill ambassadors. Currently Jeep King of the Mountain NASTAR Official Pacesetter, Kitt will ski on Atomic skis, boots, and bindings throughout the upcoming season.

With the Outdoor Retailer Winter Market quickly approaching (January 30 – February 2), show attendees are starting to fill up their calendars with appointments, meetings, parties, lunches, dinners and let’s not forget seminars. Outdoor Retailer Winter Mar

Manfred Ihle, member of the adidas-Salomon Executive Board, responsible for legal and environmental affairs, will leave the Executive Board of adidas-Salomon AG effective June 30th, 2004 to commence retirement. From July 1st, 2004 the Global Legal Departm

Nonbox, Inc. has been named agency of record for CAT Footwear, a subsidiary of Wolverine World Wide, Inc. Nonbox will handle the all advertising duties for the global footwear company.

The Buckle, Inc. announced that sales for the four-week period ended November 29, 2003 increased 10.1% to $38.5 million from sales of $35.0 million in the corresponding four-week period ended November 30, 2002. Comparable store sales increased 5.4% for t