SGI News
1 day ago · Giant Group’s Sales Return to Growth in Q3. A sharp contraction in gross margin sent net income down by more than half to TWD 498.9 million (15.5 mm) in the third quarter from TWD 1,102.7 million, but sales finally turned positive, growing 5% to TWD 20,457.7 million ($635.3 mm) from TWD 19,517.3 million. In Q3 last year, revenues had tumbled 25%.
SGI Directory - SGI News
The SGI Directory has been the biggest and best source of sporting goods contacts and companies since 1993. The SGI Directory includes the PC Edition, plus a full year of access to the SGI Directory Online. 10,600+ U.S. retail stores and chains. Buying centers for more than $38 billion worth of sporting goods each year for over 100,000 storefronts.
SGI News
Article Date: May 2024 Word Count:334. Gildan CEO: Proxy Battle Cost $65 Million. At GIL’s annual meeting, returning CEO Glenn Chamandy received almost 84% of shareholder votes, with the rest of the new board receiving between 83% and 99% affirmative votes. After months of terse press releases and media comments, Chamandy opened up in the ...
SGI News
SFIA: Tariff Relief Unlikely, but De Minimis Reform is Coming . The trend of all talk and no action continues on Capitol Hill around GSP and MTB renewal, while bills are lining up to rein in abuse of de minimis shipments, SFIA Legal Task Force member David Cohen shared in the industry group’s “Tariff Relief in 2024: Lowering Cost of Getting Imported Goods to Market” webinar.
SGI News
Strike Deadline Nears at East Coast Ports. Importers have been pulling forward orders and shifting shipping lanes as the Sep. 30 deadline looms in the negotiations between the International Longshoreman’s Association and the U.S. Maritime Alliance, covering ports from Maine to Texas. Talks fizzled on June 10 over an “autogate” for trucks ...
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Shoe Carnival Cuts Guidance, Aims for Higher Income Shoppers . Net income dropped 33% to $19,441,000 from $28,909,000 in the second quarter on net sales that were down 6% to $294,615,000 from $312,268,000, including a mid-single-digit improvement at the Shoe Carnival banner, while Shoe Station stores saw a low-singles gain.
SGI News
The International Longshoremen’s Association stood by its strike plans in a statement issued Sunday, indicating a work stoppage will hit at 12:01 a.m. Tuesday across the East and Gulf coasts’ ports as massive numbers of containers were expedited through the Port of New York and New Jersey among others to prepare for the first East Coast ...
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Pickleball’s Rapid Rise Strains Facilities . Pickleball is here to stay, the SFIA predicted in its inaugural State of Pickleball: State of Participation and Infrastructure Report, with participation rates continuing to increase in 2022 after accelerating during the pandemic.The report, which surveyed 18,000 individuals ages 6 and over across 2022, was …
Circana Forecasts Modest Holiday Sales Gains - SGI News
Article Date: October 2024. Word Count: 232. Circana Forecasts Modest Holiday Sales Gains. The analytics firm is finding U.S. consumer sentiment up year-over-year heading into Holiday but trailing the lockdown-rebound peaks of 2021, highlighted by a 2% increase in planned consumer spending to $771 over Holiday ‘23 but slipping 2% from ‘21 ...
SGI News
Sporting Goods Imports Plunge in First Quarter . Declines in all categories except winter sports equipment sent total sporting goods imports down 30.1% to $4,697.3 million from last year’s outsized $6,717.8 million, the lowest Q1 total we’ve tallied since 2014.