SGB Update Sports & Fitness
Sport-Haley Swings to Profit in Fiscal Second Quarter…
Sport-Haley, Inc. saw net sales of fashion apparel increase 5.3% to $4.4 million for the fiscal second quarter ended December 31, compared to $4.2 million for the prior-year period. Net sales of Top-Flite branded apparel were just $26,000 for the quarte
Outdoor and SnowSports Deals Abound…
It was a busy and a good week for the outdoor and snowsports industries with five acquisitions, including two that could restore the luster of authentic brands hindered in recent years by botched acquisitions. The deals came in several flavors, including
Sports Direct Partners with China’s ITAT…
Sports Direct International PLC, the UK sporting goods conglomerate, announced a strategic relationship with China's ITAT Group to move into the rapidly expanding Chinese retail market before the Beijing Olympics in August. Sports Direct will invest
ASICS Nine-Month YTD Revenue Jumps 16.7%; Names New President…
ASICS reported 16.7% revenue growth for the first nine months of the year to ¥166.01 billion ($1.42 bn) from ¥142.21 billion ($1.23 bn) for the year-ago period. The company saw strong operating income growth of 14.9% to ¥19.15 billion ($163.5 mm), but onl
ASICS Nine-Month YTD Revenue Jumps 16.7%; Names New President…
ASICS reported 16.7% revenue growth for the first nine months of the year to ¥166.01 billion ($1.42 bn) from ¥142.21 billion ($1.23 bn) for the year-ago period. The company saw strong operating income growth of 14.9% to ¥19.15 billion ($163.5 mm), but onl
Red Oak to Cease Operations…
Red Oak Sportswear, the maker of licensed sports apparel in College Station, TX, plans to cut 124 jobs as it winds down operations, according to documents filed with the Texas Workforce Commission. The company, a division of Illinois-based Knights Apparel
Timberland Posts a Disappointing Year; Timeline for Turnaround Undefined…
The Timberland Company saw the fourth quarter of 2007 as the culmination of “a very challenging and disappointing year” for the company. Weak retail market conditions were cited as an issue that exacerbated fashion shifts away from the brand…
LaCrosse To Ship More Winter Boots to Marines…
LaCrosse Footwear, Inc.'s Danner subsidiary received a $900,000 delivery order as part of the Mountain Cold Weather Boot contract awarded by the United States Marine Corps (USMC) in 2006…
Co-Founders Buy Back prAna…
The week's second high-profile deal involved Beaver Theodosakis and his co-founders taking back prAna from Liz Claiborne with help from PE firm Steelpoint Capital Partners in a management led leveraged buyout. prAna was acquired by Liz for $34.4 mil
Sun and Ski Upgrades Online Product Reviews
Sun & Ski Sports has chosen PowerReviews to collect, organize, structure and moderate customer product reviews on its Web site. The 15-store retail chain's e-commerce site advertises 1,000 SKUs from 100 brands…
Raleigh to Take Top Dealers to China
Raleigh USA recognized its top 25 Raleigh and Diamondback bicycle dealers for 2007 and said it would take them on a tour of its production facilities in China Feb. 23 through March 1.The itinerary includes visits to the cities of Shanghai, Guangzhou and H
Callaway to Produce St Andrews Links Accessories
Callaway Golf has agreed to a five-year worldwide license with St Andrews Links to develop a dual branded range of golf accessories. The partnership, brokered by Copyright Promotions Sport on behalf of St Andrews Links, will allow the world famous St Andr
LaCrosse to Ship More Cold Weather Boots to Marines
LaCrosse Footwear, Inc.'s Danner subsidiary won a $900,000 delivery order under its Mountain Cold Weather Boot contract with the United States Marine Corps. Danner will supply the troops in Afghanistan with 5,730 pairs of the boot in several shipment
HBI Sees Champion Sales Up Double-Digits in ‘07…
The Champion brand delivered double-digit sales gains for the third year in a row while sales of Hanes brands were up mid-single-digits…
Callaway Golf Ends Strong 2007 With Weak Fourth Quarter…
Callaway Golf finished a strong 2007 with a rather lackluster fourth quarter as net sales decreased and the quarterly loss widened considerably. However, the soft quarterly results came in the company’s smallest and slowest quarter, which allowed ELY to s
