Forzani Sees Q3 Corporate Comps Slide on Dollar, Weather Pressures
The Forzani Group Ltd. reported a 1.5% increase in retail system sales for the third quarter to $344.6 million from $339.5 million in the year-ago quarter. The company said in a release that the increase came despite aggressive pricing actions taken in re
ORWM Reports New Exhibitors, New Layout for 2008
Outdoor Retailer Winter Market reports that it is receiving record interest in its 2008 show with 181 new exhibitors and already a 5% growth over 2007. This year, the show will feature several category-specific “zones” and “villages” to more easily conne
Gildan Fourth Quarter Sales Jump 24.7%
Gildan Activewear Inc. reported sales in the fourth quarter amounted to $254.9 million, up 8.4% from $235.2 million in the fourth quarter of last year. Fourth quarter net earnings of $40.9 million and diluted EPS of 34 cents, after recording a restructuri
Billabong Acquires Tigerlily Swimwear
Billabong International Ltd. agreed to buy Tigerlily swimwear for an undisclosed price, its first acquisition exclusively focused on female clothing…
Nautilus Fires Off Letter to Shareholders
Nautilus mailed a letter to to shareholders to prevent a hostile takeover of the company in an upcoming proxy fight. The letter highlighted significant positive changes under new CEO, Bob Falcone. The letter comes as Sherborne Investors LP, an investment
Zumiez November Comps Up 5.6% on 28.5% Sales Jump
Zumiez Inc. recorded a 5.6% increase in same store sales for fiscal November. The comps improvement comes on top of a 12.1% jump in the year-ago month. Total net sales for the four-week period increased 28.5% to $33.3 million, compared to $25.9 million fo
Solstice Outdoor Appoints East Coast Reps
Solstice Outdoor, Inc. appointed a new team of sales representatives on the East Coast this November. Dan Eubank, Steve Robin and Jeffery Winnick will be the company’s key East Coast sales team…
Style Eyes Optics Names VP of Sales and Marketing
Style Eyes Optics has hired Patrick Ebinger as VP of sales & marketing. Mr. Ebinger comes to Style Eyes with over 20 years of wholesale sunglass sales, marketing and management experience…
G-III Apparel Group Shows Small Profit Gain
G-III Apparel Group, Ltd. reported Q3 sales increased by 10.8% to $271.2 million from $244.7 million in the same quarter of last year. Net income rose slightly to $23.8 million, or $1.41 a share, from $23.3 million, or $1.59, in the prior year’s period…
180’s Hires VP of Sales
180s, best known for its behind-the-head ear warmer, has hired Brian Mangione as its new Vice President of Sales. Mangione comes to 180s with over 15 years of experience in sales, management, operations and marketing in the athletic footwear and apparel,
Collective Brands Q3 Income Slips Following Stride Rite Acquisition
Collective Brands, Inc.'s third quarter, the first financial reporting period since the acquisition of Stride Rite, net earnings were $25.5 million, or 39 cents per diluted share, down 11.8% versus third quarter 2006 net earnings of $28.9 million, or
Sporting Goods Industry Mobilizing to Attract Superstar College Graduates
Top executives from key segments of the sporting goods industry have joined forces to create a program designed to attract top college graduates as future employees. The program, called “Get In The Game,” is the creation of a 15-member committee of leadin
NRF Looks for Improvements in WTO Retail Regulations
The National Retail Federation is reviewing a draft text of proposed new trade remedy rules released today by the World Trade Organization, and will focus on whether the draft will result in reforms to end the increasing abuse of anti-dumping and counterv
Dick’s Sporting Goods Establishes SoCal Foothold with Chick’s Sporting Goods Deal…
The deal announced early last week that has Dick's Sporting Goods inking a definitive stock purchase agreement to acquire Chick's Sporting Goods was first hinted at by DKS Chairman and CEO Ed Stack at the Bank of America investor conference in S
Dick’s Launches Lance Armstrong Campaign
This past weekend, DICK'S Sporting Goods debuted two new national TV commercials-part of an integrated campaign that includes print ads, radio spots and other elements- featuring Lance Armstrong as an over-the-top DICK'S Sporting Goods store man
