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SGB Weekly 1306

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  • FEBRUARY 11, 2013ISSUE 1306

    The Weekly Digital Magazine for the Sporting Goods Industry

  • Find out how your company can take advantage of a FREE Job Posting by calling 704.987.3450 or email sportsjobs@sportsonesource.com.

    THE FIRST AND ONLY FULLY INTERACTIVE ONLINE JOB SITE SERVING THE SPORTING

    GOODS INDUSTRY

    FREE ACCESS TO THE LATEST JOB LISTINGS TO START OR EXPAND YOUR CAREER

  • Ultra-Wide Wheel - Stabilizes movement

    to carve left, right and center

    Performance Grips - Rubberized non-slip ergonomic grips for

    stability control

    Kinetic Engine - Carbon Steel Spring turbocharges abdominal and arm workouts

    Foam Kneepad - High-Density foam for superior comfort

    CARVEyouR

    CoRE

    AB-CARVER PRO

    800 446 7587 | help@implus.com | www.abcarverpro.com | www.perfectonline.com

    2013 Implus Footcare LLC. Perfect is a division of Implus Footcare LLC. 1.13

  • FOR 45 YEARS WEVE BEEN DRIVING INSOLE TECHNOLOGY FORWARD. Theres no question that gel insoles provide great comfort. But even though they feel great,

    there are trade-offs: flat gel insoles are often bulky and just dont have the deep heel cupping

    and arch support needed for lasting comfort. That is until now. Using the contours of our

    best-selling TOTAL SUPPORT Insole, weve built a gel insole your customers will love:

    Spenco ProForm Gel. Ultra-Thin Gel cushioning with flexible arch support.

    Maximum margins for you and fantastic value for your customers.

    Yes, This is Spenco

    Find us online!

    For more info or to request a sample, call 1-800-877-3626 or visit spenco.com

    SpencoLove Your Feet

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    Look for Spenco at the following shows!Outdoor Retailer Booth #60FN PLATFORMBooth #62135

    SpencoGel_SGBW_Dec2012.pdf 1 12/4/12 8:02 AM

  • FEBRUARY 11, 2013 | SGBWeekly.com 5

    FOR 45 YEARS WEVE BEEN DRIVING INSOLE TECHNOLOGY FORWARD. Theres no question that gel insoles provide great comfort. But even though they feel great,

    there are trade-offs: flat gel insoles are often bulky and just dont have the deep heel cupping

    and arch support needed for lasting comfort. That is until now. Using the contours of our

    best-selling TOTAL SUPPORT Insole, weve built a gel insole your customers will love:

    Spenco ProForm Gel. Ultra-Thin Gel cushioning with flexible arch support.

    Maximum margins for you and fantastic value for your customers.

    Yes, This is Spenco

    Find us online!

    For more info or to request a sample, call 1-800-877-3626 or visit spenco.com

    SpencoLove Your Feet

    R

    egis

    tere

    d a

    nd

    Tr

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    ark

    of

    Sp

    enco

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    Look for Spenco at the following shows!Outdoor Retailer Booth #60FN PLATFORMBooth #62135

    SpencoGel_SGBW_Dec2012.pdf 1 12/4/12 8:02 AM

    Copyright 2013 SportsOneSource, LLC. All rights reserved. The opinions expressed by writers and contributors to SGB WEEKLY are not necessarily those of the editors or publishers. SGB WEEKLY is not responsible for unsolicited manuscripts, photographs or artwork. Articles appearing in SGB WEEKLY may not be reproduced in whole or in part without the express permission of the publisher. SGB WEEKLY is published weekly by SportsOneSource, LLC, 2151 Hawkins Street, Suite 200, Charlotte, NC 28203; 704.987.3450. Send address changes to SGB WEEKLY , 2151 Hawkins Street, Suite 200, Charlotte, NC 28203; 704.987.3450

    Senior Business Editor

    Thomas J. Ryan

    tryan@sportsonesource.com

    917.375.4699

    Contributing Editors

    Aaron H. Bible, Fernando J. Delgado,

    Charlie Lunan, Matt Powell

    Creative Director

    Teresa Hartford

    teresa@sportsonesource.com

    704.987.3450 (x105)

    Graphic Designer

    Camila Amortegui

    camila@sportsonesource.com

    704.987.3450 (x103)

    Advertising Sales

    Account Manager / Northeast

    Buz Keenan

    buz@sportsonesource.com

    201.887.5112

    Advertising Sales

    Account Managers / Midwest

    Barry Kingwill & Jim Kingwill

    bkingwill@sportsonesource.com

    jkingwill@sportsonesource.com

    847.537.9196

    Advertising Sales

    Account Manager / Southeast

    Katie O'Donohue

    katieo@sportsonesource.com

    828.244.3043

    Circulation & Subscriptions

    subs@sportsonesource.com

    Group PublisherEditor In Chief

    James Hartford

    james@sportsonesource.com

    704.987.3450

    2151 Hawkins Street Suite 200 Charlotte NC 28203t. 704-987-3450 f. 704-987-3455

    www.SportsOneSource.com

    SportsOneSource Publications

    Print Magazine: SGB, SGB PerformanceDigital Magazines: SGB Weekly, TEAM Business Digital

    Newsletters: The B.O.S.S. ReportSports Executive Weekly

    News Updates: SGB, Footwear Business, Outdoor Business, Sportsmans Business, TEAM Business

    SportsOneSource ResearchSportScanInfo, OIA VantagePoint,

    SOS Research

    The Weekly Digital Magazine for the Sporting Goods Industry

    FEBRUARY 11, 2013ISSUE 1306

    NEWS 6 BY THE NUMBERS ASICS AMERICA Sees 11 Percent Revenue Gain in Nine Months 8 MOVERS & SHAKERS BROOKS SPORTS Realigns Management Structure to Hire CFO 10 ATHLETIC RECON Launches Debut Collection FINANCIALS Mizuno's Running Strength12 PUMA Launches Adaptive Running Initiative

    SGBW PROFILE14 JIM ZWIERS President, The Performance Group, Wolverine Worldwide

    FEATURE18 BROOKS Momentum Accelerates22 GADGETS GALORE! Cool Accessories for Spring

    DEPARTMENTS26 I AM SGBW... Richard Daniels Co-Founder and COO, Yurbuds

    22

    ON THIS PAGE:The LightBender LED Armband, provides 360 visibility and multi-settings for steady or blinking options. Its also waterproof.

    ON THE COVER: Nathan Fire and Ice 20 oz. Bottle First ever 360 reflective print on a water bottle, for low-light conditions.

  • NEWS

    25%Under Armour, Inc. reported net revenues increased 25 percent in the fourth quarter ended December 31, 2012 to $506 million compared with net revenues of $403 million in the prior year's period. Apparel revenue rose 25 percent while footwear revenue rose 43 percent. Net income increased 54 percent in the fourth quarter of 2012 to $50 million compared with $33 million in the prior year's period. The 25 percent increase in apparel net revenues to $405 million was driven primarily by Fleece, which included a broader expansion of the Storm platform across the category.

    $1.9 millionSport Chalet, Inc.s losses widened in its third quarter ended December 30, to $1.9 million, or 13 cents a share, compared to a net loss of $1.0 million, or 7 cents the prior year. The Los Angeles-based chain said recent growth in comparable store sales and profitability plateaued as warm weather and a continuing trend for consumers to postpone holiday shopping negatively impacted the quarter. Comps decreased 0.7 percent for the quarter. On the positive side, fourth quarter comps through the five weeks ended February 3 increased 20.3 percent.

    $1.15 billionHanesBrands, the parent of Hanes and Champion, said sales increased 5 percent to $1.15 billion in the fourth quarter compared with the year-ago quarter and increased 2 percent to $4.53 billion for the full fiscal year. Fourth-quarter adjusted EPS more than doubled to $1.07, excluding bond prepayment expenses that reduced EPS by $0.30. Each of the companys business segments reported at least double-digit operating profit growth in the quarter. Full-year adjusted EPS increased 7 percent to $2.62. The Innerwear segment was the strongest contributor to full-year results, delivering 18 percent growth in operating profit.

    BY THE NUMBERS

    6 SGBWeekly.com | FEBRUARY 11, 2013

    Asics America Group, which includes U.S., Brazil and Canada, announced net sales rose 11.2 percent on a currency-neutral basis in the nine months through December 31. Net income increased 10.2 percent while operating income rose 27.1 percent.

    The nine-month improvement was largely driven by strong sales in the footwear category, with both running and tennis footwear reporting significant sales growth. Training footwear was another strong area of growth for the brand. Asics America Group expects to show con-tinued growth this year and is on track to reach its billion dollar sales goal by 2014.

    At Asics, we all share the same passion and commitment to outstanding performance and constant improvement, said Asics America Group President and CEO Kevin Wulff, in a statement. This mentality pushes us to reach our targets, expand our business offerings and will enable us to become a billion dollar region by 2014. Our innovative team, ever-expanding line of products, and strong growth in footwear and apparel categories for running and tennis are the key components to our continued success.

    Companywide, Asics, Inc. revenues rose 2.3 percent to 190.5 billion (U.S. $2.03 bn). Operating income declined 2.6 percent to 16.4 billion ($174.8 mm), net income rose 42.9 percent to 12.5 billion ($133.2 mm).

    In the Americas, sales climbed 9.6 percent to 51.3 billion