Global Brands Group Holding Limited reported a core operating loss grew more than 2.5 fold to $63 million in the six months ended June 30, as increased spending on new brands such as Cole Haan, Quiksilver, Spyder, Juicy Couture and Aquatalia drove up ope
Year: 2014
Foot Locker’s Q2 Rides B-Ball’s Comeback
With a big assist from the sizzling basketball footwear category, Foot Locker Inc. reported second-quarter earnings that handily exceeded Wall Street estimates, helping push the company’s shares past an all-time high. Besides benefiting from its pos
Toms Looks to Boost Growth with Bain Capital Sale
Toms, best known for its one-for-one model that donates a pair of shoes to a needy child for every pair it sells, agreed to sell half of itself to private-equity giant Bain Capital LLC to fund an expansion of its operations in the U.S. and overseas…
Vestis Retail Group Completes Sport Chalet Acquisition
Vestis Retail Group, owned by funds advised by Versa Capital Management and the owner of Bob's Stores and Eastern Mountain Sports (EMS), completed the acquisition of Sport Chalet, the full-service specialty sporting goods retailer with 50 stores in t
The Buckle’s Q2 Profits Dip
The Buckle, Inc. reported second-quarter earnings slid 2.3 percent to $24.5 million, or 51 cents a share, missing Wall Street’s consensus estimate of 53 cents a share…
Athleta to Reach 100 Stores in 2014
Athleta continues to benefit from the trend toward athleisure and expects to reach 100 stores by the close of the year. Acquired in 2008, the women’s performance apparel brand opened its first door in 2011 and ended 2013 with 65. It had 79 open at t
Hibbett’s Q2 Profits Dip, Comps Trending Positive
Hibbett Sports, Inc. reported net income slid 20.0 percent to $8.4 million, or 32 cents a share. Results came in at the high-end its previously projected range between 30 cents and 32 cents provided on Aug. 8. Sales increased 4.1 percent to $193.9 million
Boating Industry Trainer Joins Sea Ray
Marine trainer JD Schmid has joined Sea Ray as director of product training…
Confluence Outdoor Grows its Sales Team
Confluence Outdoor has hired new sales representatives Andrew Miller and John Jameson to cover the Mid-Atlantic/Northeast and the Gulf Coast regions and promoted longtime sales representative Matt Yablonowski to key account representative in the Central
Christensen Arms Launches New Website
Christensen Arms, manufacturers of hunting, tactical and sport shooting firearms utilizing carbon fiber technologies, announces the launch of a complete redesign of the Christensen Arms website…
Source Outdoor Group Names Senior Account Executive
Source Outdoor Group, a PR, marketing, communications and media relations firm in the outdoor industry, announces the hiring of Phil Barnet as the new senior account executive…
Gander Mountain to Open First OK Location
Gander Mountain announces that they are adding a new location in Tulsa, OK…
Hibbett’s Q2 Profits Dip
Hibbett Sports, Inc. reported net income slid 20 percent to $8.4 million, or 32 cents a share, compared with $10.5 million, or 40 cents, a year ago. The company had previously projected earnings would range between 30 cents and 32 cents a share. Comparabl
Foot Locker’s Q2 Earnings Soar on 7 Percent Comp Gain
Foot Locker, Inc. reported net income for the company's second quarter ended Aug. 2 jumped 43 percent to $92 million, or 63 cents per share, compared with net income of $66 million, or 44 cents, last year. Second quarter comparable store sales increa
Shock Doctor Acquires XO Athletic
Shock Doctor, the number one mouthguard company, has acquired XO Athletic, best known for its athletic cups and supporters. Shock Doctor intends to maintain the XO Athletic brand. Terms were not disclosed…
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