SGB Update Sports & Fitness
Shoe Carnival Q3 Earnings Fall On Weaker Comps; Athletic Makes a Comeback…
Shoe Carnival, Inc. continued to see a tough retail climate in the third quarter, as they experienced declines in almost all categories except athletic and women’s flats. Back-to-school was described as positive, but macroeconomic issues and the weather c
Asics First Half Sales Jump on U.S. Footwear Strength…
Asics Corp. reported that 2007 first half revenue increased 14.0% to ¥108.74 billion ($912.3 mm) from ¥95.40 billion ($828.1 mm) for the same period last year. Net income jumped 18.2% to ¥8.29 billion ($69.6 mm) from ¥7.02 billion ($60.9 mm)…
Gramicci Expands HQ
Gramicci apparel has a new expanded the brand's headquarters, which has been dubbed the “Global Habitat,” in the historic Hill Section of Agoura California. Gramicci, lead by president Marty Weening, has successfully completed Stage Two of its Strat
Dick’s Sporting Goods Q3 Net Income Jumps 57%
Dick's Sporting Goods, Inc. net income increased 57% to $12.2 million and earnings per diluted share increased 43% to 10 cents, compared to prior year net income of $7.8 million, or seven cents per diluted share. Net sales for the quarter increased 1
Asics Sees Strong U.S. Results Boost First Half
Asics Corp. reported that first half revenue increased 14.0% to ¥108.74 billion ($912.3 mm) from ¥95.40 billion ($828.1 mm) for the same period last year. Net income jumped 18.2% to ¥8.29 billion ($69.6 mm) from ¥7.02 billion ($60.9 mm). Continuous stron
Motor Tabs Builds Sales Force and Adds Distributors
Sports Engine LLC’s Motor Tabs Fluid Replacement System recently secured distribution in Canada, Mexico, Puerto Rico, and the United Kingdom. In addition, the company significantly expanded its domestic sales force by adding two rep groups and three inde
adidas Looks Off-Court With Mitchell and Ness…
adidas looks to take a step back in time, announcing recently the acquisition of Mitchel & Ness Nostalgia Company. Terms of the deal were not disclosed, but the company will become a part of adidas’ Sports Licensed Division, which currently houses both t
Aldila’s Q3 Sales, Earnings Fall…
Aldila Inc. reported Q3 sales fell 19% to $13.2 million from $16.3 million. Net income fell 76% to $687,000, or 12 cents a share, from $2.9 million, or 51 cents, a year ago. Excluding a year-ago special credit, net income in the latest quarter was down 59
True Temper Q3 Loss Widens…
True Temper Sports, Inc. recorded a 12.3% increase in third quarter sales to $24.1 million from $21.5 million. The golf equipment supplier widened its net loss to $22.8 million from $4.1 million a year ago. The latest quarter included a $13 million charge
RECALL: Nike Chin Straps
Nike, Inc. is recalling approximately 235,000 Football Helmet Chin Straps as the chin strap's plastic cup can break as a result of contact, exposing the player to facial or head injuries…
VF Imagewear Names President of Activewear
VF Imagewear, Inc. named Scott Baxter president of its Activewear Division, which markets branded apparel under agreements with licensors such as the NFL, MLB, Harley-Davidson, the NHL, the NBA, the leading colleges under the ESPN College GameDay brands,
adidas Group Posts Solid Q3; Sees Big 2008 Gains…
The adidas Group posted a decline in top-line sales for the third quarter, but the numbers were greatly impacted by currency fluctuations and continued declines at Reebok. The brand adidas business was impacted somewhat in Europe by tough soccer apparel
Birkenstock USA Sold to Birkenstock Family
Birkenstock Distribution USA, the employee-owned importer and distributor of Birkenstock footwear in the U.S., has been sold to members of the family that has produced the line since 1774. Birkenstock USA had been 100 percent owned by employees since Octo
Wal-Mart October Comps Inch Up 0.4%
Wal-Mart Stores Inc, said its October U.S. same-store sales climbed 0.4 percent. Wal-Mart Stores results were flat, while Sam's Club same-store sales increased 2.7 percent…
Iconix Eyes Wal-Mart Expansion; Licensing Revenues More Than Double in Q3…
Iconix Brand Group officials said they've been working closely with a new team of merchants at Wal-Mart to expand the Danskin Now business, and are pleased with the progress…
