<br />
VOLUME 3, NUMBER 50<br />
DECEMBER 26, 2011<br />
INSIDE:<br />
Nike sales surge on strength in North America,<br />
China and Emerging Markets.<br />
John Horan’s Deep Intelligence looks<br />
at the best and worst of 2011.<br />
Finish Line results gain in Q3 and<br />
sales momentum carries into Q4.<br />
Holiday shopping ends with a surge<br />
to sporting goods and footwear stores.<br />
Li & Fung makes a $340 million tender<br />
offer for Hang Ten.<br />
Billabong shares tumble on weakness<br />
in Europe, Australia.<br />
PEP Bill funding is steady at $78.8 million<br />
in new budget.<br />
Registered guns are concentrated in eight states,<br />
a federal study finds.<br />
Judy Spies: Moving Comfort, Clik Elite.<br />
Accell Group  Anvil Knitwear  Derby Cycle  Helly<br />
Hansen <a title="SGI Weekly Intelligence - December 26, 2011 page 1" href="http://viewer.zmags.com/publication/741b52a7?page=1">VOLUME 3, NUMBER 50 DECEMBER 26, 2011INSIDE:N</a> VOLUME 3, NUMBER 50 DECEMBER 26, 2011INSIDE:N<a title="SGI Weekly Intelligence - December 26, 2011 page 2" href="http://viewer.zmags.com/publication/741b52a7?page=2"> John HoranPublisherjhoran@sginews.com</a> John HoranPublisherjhoran@sginews.com<a title="SGI Weekly Intelligence - December 26, 2011 page 3" href="http://viewer.zmags.com/publication/741b52a7?page=3">NIKE NET GAINS AS SALES SOAR18% IN Q2 Nike</a> NIKE NET GAINS AS SALES SOAR18% IN Q2 Nike<a title="SGI Weekly Intelligence - December 26, 2011 page 4" href="http://viewer.zmags.com/publication/741b52a7?page=4">$418 million, 40% of the E.B.s’ total Nike EBIT o</a> $418 million, 40% of the E.B.s’ total Nike EBIT o<a title="SGI Weekly Intelligence - December 26, 2011 page 5" href="http://viewer.zmags.com/publication/741b52a7?page=5">Pictured: The YUMI*New for spring. Featuring dyn</a> Pictured: The YUMI*New for spring. Featuring dyn<a title="SGI Weekly Intelligence - December 26, 2011 page 6" href="http://viewer.zmags.com/publication/741b52a7?page=6">expects gross margin pressure to continue. It now</a> expects gross margin pressure to continue. It now<a title="SGI Weekly Intelligence - December 26, 2011 page 7" href="http://viewer.zmags.com/publication/741b52a7?page=7"> Nike Income Statement(Qtr. Ended Nov. 30</a> Nike Income Statement(Qtr. Ended Nov. 30<a title="SGI Weekly Intelligence - December 26, 2011 page 8" href="http://viewer.zmags.com/publication/741b52a7?page=8">THE BEST AND WORST OF 2011 As we wind up </a> THE BEST AND WORST OF 2011 As we wind up <a title="SGI Weekly Intelligence - December 26, 2011 page 9" href="http://viewer.zmags.com/publication/741b52a7?page=9"> “For VF Outdoor brands, GORE-TEX® is the</a> “For VF Outdoor brands, GORE-TEX® is the<a title="SGI Weekly Intelligence - December 26, 2011 page 10" href="http://viewer.zmags.com/publication/741b52a7?page=10"> WORST COMPANY: Founder Ely Callaway feared</a> WORST COMPANY: Founder Ely Callaway feared<a title="SGI Weekly Intelligence - December 26, 2011 page 11" href="http://viewer.zmags.com/publication/741b52a7?page=11"></a> <a title="SGI Weekly Intelligence - December 26, 2011 page 12" href="http://viewer.zmags.com/publication/741b52a7?page=12">FINISH LINE Q3 NET GROWS AS IT SETSMULTI-CHANNEL</a> FINISH LINE Q3 NET GROWS AS IT SETSMULTI-CHANNEL<a title="SGI Weekly Intelligence - December 26, 2011 page 13" href="http://viewer.zmags.com/publication/741b52a7?page=13"></a> <a title="SGI Weekly Intelligence - December 26, 2011 page 14" href="http://viewer.zmags.com/publication/741b52a7?page=14">and not merely brick-and-mortar vs. digital, alth</a> and not merely brick-and-mortar vs. digital, alth<a title="SGI Weekly Intelligence - December 26, 2011 page 15" href="http://viewer.zmags.com/publication/741b52a7?page=15">overall apparel product margins. Go-ing forward,</a> overall apparel product margins. Go-ing forward,<a title="SGI Weekly Intelligence - December 26, 2011 page 16" href="http://viewer.zmags.com/publication/741b52a7?page=16">SHOPPERS FLOCK TO SG, OUTDOOR,FOOTWEAR SPECIALTY</a> SHOPPERS FLOCK TO SG, OUTDOOR,FOOTWEAR SPECIALTY<a title="SGI Weekly Intelligence - December 26, 2011 page 17" href="http://viewer.zmags.com/publication/741b52a7?page=17"></a> <a title="SGI Weekly Intelligence - December 26, 2011 page 18" href="http://viewer.zmags.com/publication/741b52a7?page=18">forced to cope with a 8% increase in monthly inve</a> forced to cope with a 8% increase in monthly inve<a title="SGI Weekly Intelligence - December 26, 2011 page 19" href="http://viewer.zmags.com/publication/741b52a7?page=19"></a> <a title="SGI Weekly Intelligence - December 26, 2011 page 20" href="http://viewer.zmags.com/publication/741b52a7?page=20">BILLABONG SEES EU WEAKNESS,REVIEWING ALTERNATIVE</a> BILLABONG SEES EU WEAKNESS,REVIEWING ALTERNATIVE<a title="SGI Weekly Intelligence - December 26, 2011 page 21" href="http://viewer.zmags.com/publication/741b52a7?page=21">PEP BILL GAINS LEVEL FUNDING;SGMA PREPS INDUSTRY</a> PEP BILL GAINS LEVEL FUNDING;SGMA PREPS INDUSTRY<a title="SGI Weekly Intelligence - December 26, 2011 page 22" href="http://viewer.zmags.com/publication/741b52a7?page=22">EIGHT STATES OWN 45% OFCOUNTRY’S REGISTERED WEAP</a> EIGHT STATES OWN 45% OFCOUNTRY’S REGISTERED WEAP<a title="SGI Weekly Intelligence - December 26, 2011 page 23" href="http://viewer.zmags.com/publication/741b52a7?page=23">of a million, is the leading import source, follo</a> of a million, is the leading import source, follo<a title="SGI Weekly Intelligence - December 26, 2011 page 24" href="http://viewer.zmags.com/publication/741b52a7?page=24">JUDYSPIES...MOVING COMFORT’S URBANAPPAREL EXUD</a> JUDYSPIES...MOVING COMFORT’S URBANAPPAREL EXUD<a title="SGI Weekly Intelligence - December 26, 2011 page 25" href="http://viewer.zmags.com/publication/741b52a7?page=25">fabric created from recycled coffee grounds that </a> fabric created from recycled coffee grounds that <a title="SGI Weekly Intelligence - December 26, 2011 page 26" href="http://viewer.zmags.com/publication/741b52a7?page=26">JUDYSPIES... The redesigned Cool Weather F</a> JUDYSPIES... The redesigned Cool Weather F<a title="SGI Weekly Intelligence - December 26, 2011 page 27" href="http://viewer.zmags.com/publication/741b52a7?page=27"> In the sports bra category, Moving Comfort </a> In the sports bra category, Moving Comfort <a title="SGI Weekly Intelligence - December 26, 2011 page 28" href="http://viewer.zmags.com/publication/741b52a7?page=28">JUDYSPIES...CLIK ELITE’S CLASSIC LINE IS READY</a> JUDYSPIES...CLIK ELITE’S CLASSIC LINE IS READY<a title="SGI Weekly Intelligence - December 26, 2011 page 29" href="http://viewer.zmags.com/publication/741b52a7?page=29"> pockets, ke</a> pockets, ke<a title="SGI Weekly Intelligence - December 26, 2011 page 30" href="http://viewer.zmags.com/publication/741b52a7?page=30">E-VENTSUNDER ARMOUR RAMPS UP HOOPSCAMPAIGN </a> E-VENTSUNDER ARMOUR RAMPS UP HOOPSCAMPAIGN <a title="SGI Weekly Intelligence - December 26, 2011 page 31" href="http://viewer.zmags.com/publication/741b52a7?page=31"> “We continue to be passionate about basketb</a> “We continue to be passionate about basketb<a title="SGI Weekly Intelligence - December 26, 2011 page 32" href="http://viewer.zmags.com/publication/741b52a7?page=32">ON THE MOVE• Edwin Watts Golf has relaunched it</a> ON THE MOVE• Edwin Watts Golf has relaunched it<a title="SGI Weekly Intelligence - December 26, 2011 page 33" href="http://viewer.zmags.com/publication/741b52a7?page=33">COMPANIES ACCELL GROUP reaches an agreement</a> COMPANIES ACCELL GROUP reaches an agreement<a title="SGI Weekly Intelligence - December 26, 2011 page 34" href="http://viewer.zmags.com/publication/741b52a7?page=34">which leans on Europe for most of its distributio</a> which leans on Europe for most of its distributio<a title="SGI Weekly Intelligence - December 26, 2011 page 35" href="http://viewer.zmags.com/publication/741b52a7?page=35"> OUTDOOR RECREATION acquires Timber Hawk Pac</a> OUTDOOR RECREATION acquires Timber Hawk Pac<a title="SGI Weekly Intelligence - December 26, 2011 page 36" href="http://viewer.zmags.com/publication/741b52a7?page=36">LEGAL COUNTERFEIT GOODS, some $80 million </a> LEGAL COUNTERFEIT GOODS, some $80 million <a title="SGI Weekly Intelligence - December 26, 2011 page 37" href="http://viewer.zmags.com/publication/741b52a7?page=37">denies the allegations that it knowingly violated</a> denies the allegations that it knowingly violated<a title="SGI Weekly Intelligence - December 26, 2011 page 38" href="http://viewer.zmags.com/publication/741b52a7?page=38">SHORT STOPS• Obermeyer hires Lisa Skelton as a </a> SHORT STOPS• Obermeyer hires Lisa Skelton as a <a title="SGI Weekly Intelligence - December 26, 2011 page 39" href="http://viewer.zmags.com/publication/741b52a7?page=39">CATALOG OF CATALOGSClick on the logo to view the</a> CATALOG OF CATALOGSClick on the logo to view the