SGB Update Sports & Fitness
Deckers Sees All Three Brands Contribute in 2006 Fourth Quarter…
With just over one year as CEO of Deckers, Angel Martinez has managed to turn the company from a holding company with only true one growth brand into a multi-brand platform that is driving double-digit growth in all segments. At the same time, the compan
Fleet Feet Boasts 17.5% Comp Gain in 2006
Fleet Feet, Inc. recorded a 19.9% growth in sales in 2006 with 70 stores, surpassing $63 million in revenue compared to $52 million in 2005. Comparative store were up 17.5% on top of the 16.1% increase posted in 2005. It expects to add 12 new stores this
Polartec LLC Inks Union Deal…
Polartec LLC, the holding company recently formed in order to acquire the assets of Malden Mills out of bankruptcy, signed an agreement with Unite HERE! union members. The union has approved the terms of a new collective bargaining agreement between Unite
SportsOneSource Expands Media Team…
The SportsOneSource Group has expanded its Media Services Group team, adding one additional full-time editor and a west coast ad sales manager, while promoting two key managers to expanded roles.
“We are now in full growth mode with our print and online p
Earth Products Names VP of Marketing
Earth Products has promoted Jeff Taylor to the position of vice president of marketing. Taylor’s duties will include leading the global marketing efforts for all Earth Products brands, as well as new business development and integration…
Accell Group Sales and Earnings Climb in 2006
The Accell Group reported that 2007 fiscal year sales increased 17% to €431.7 million ($559.9 mm). Organic growth for the full year came in at 9%. The acquisitions of Seattle Bike Supply and Webena Sport, added 7% to the top line. Earnings per share on th
Polartec LLC Inks Agreement with Malden Mills’ Union Members
Polartec LLC, the holding company recently formed in order to acquire the assets of Malden Mills out of bankruptcy, signed an agreement Unite HERE! union members. The Union has approved the terms of a new collective bargaining agreement between Unite HER
Nike Plots New Distribution Center in Memphis
Nike, Inc. reached an agreement to acquire a 125-acre land parcel in Memphis, TN, known locally as Northridge, where it plans to build a new 1 million square foot footwear distribution center. The land purchase agreement was signed March 1, 2007, by Nike
RECALL: Oceanic/AERIS Dive Computers
The CPSC and Pelagic Pressure Systems are recalling about 2,000 Oceanic and AERIS Digital Dive Computers. When performing a switch from one gas to another during a dive,
the dive computer's display will lock up and not return to the main dive screen
Interbike Sponsors National Bicycle Summit
Interbike will be one of the sponsors of the seventh annual National Bicycle Summit to be held in Washington D.C. March 14-16, 2007. More than 300 bicycling industry executives, advocates and educators will meet at the Ronald Reagan International Trade Ce
U.K.’s Sports Direct Raises $1.82B in IPO
Sports Direct International PLC, the United Kingdom’s largest sporting-goods retailer, on Tuesday raised US$1.82 billion (929 million pounds; euro1.4 billion) in an initial public offering after owner Mike Ashley sold a 43 percent stake in the business. A
Marmot Promotes Three
Marmot Mountain L.L.C. made three internal promotions within the company. Laura Miera has been appointed to Vice President of Global Production; Beng Hook is the new Manager of Technical Design; and Jamie Ruderman has been appointed to Creative Director..
Pacific Sunwear Breaks Down Business at Roth OC Conference…
At the Roth OC Conference, Pacific Sunwear gave a little more insight into their business than they typically have in the past. The company said that at PacSun, the business splits 57/43 between guys and girls, but that they hope to get the girls side up
Cabela’s Delivers Robust Fourth Quarter Results…
Driven by a strong performance at its retail stores, Cabela's Inc. reported fourth-quarter earnings rose 26%. The outdoor retailer also announced plans to open eight stores in 2007. In the quarter ended December 31, revenue grew 16% to $781 million f
Pacific Brands’ Slow Outdoor Sales Offset H1 Footwear Gains…
Thanks to strong gains in its Homegoods and Footwear groups, Pacific Brands Limited was able to post increases on both the top and bottom line for the first half of fiscal 2007. However, decreases in both sales and EBIT in the Outerwear & Sport division o
