Allied Capital Commits $68 Million to Augusta Sportswear
Allied Capital Corporation said it has invested $68 million of secured second lien debt plus a minority equity co-investment to support the buyout of Augusta Sportswear Group by private equity firm Quad-C Management. As reported, Linsalata Capital Partner
ASICS Sees Nine-Month Revenue Jump 16.7%; Names President
ASICS Corp. reported 16.7% revenue growth for the first nine months of the year to ¥166.01 billion ($1.42 bn) from ¥142.21 billion ($1.23 bn) for the year-ago period. The company saw strong operating income growth of 14.9% to ¥19.15 billion ($163.5 mm), b
Riddell Fights Staph and MRSA Infections
Riddell has partnered with Indiana based Sports-O-Zone in the fight against staph and MRSA infections. The Sports-O-Zone patented sanitizing system uses ozone to attack and kill bacteria…
World Industries Partners with Dynasty Apparel for Youth Apparel
World Industries has partnered with apparel manufacturer Dynasty Apparel Industries to launch a young men's and boys apparel program. World Industries apparel will round out its existing business in skateboards, footwear, snow products and accessorie
Stage Stores January Comps Inch Up 1.0%
Stage Stores, Inc. reported total sales for this year’s four-week January period were $82.1 million vs. $99.5 million for last year’s five-week January period. Excluding last January’s fifth week sales of $21.4 million, the company achieved an overall sal
Dillard’s, Inc. Reports 12% Same-store Decline
Dillard’s, Inc. reported sales for the four weeks ended February 2, 2008 fell 12% to $435.3 million from $622.0 million a year ago. Comps fell by the same amount…
BJ’s Posts 7.8% Comp Sales Increase
BJ’s Wholesale Club, Inc. reported that comp store sales in January increased by 7.8%, including a contribution from sales of gasoline of 2.6% and a negative impact from the absence of pharmacy sales of 0.3%. The company said total sales for the month of
TJX Posts 3% Comp Gain
The TJX Companies, Inc. reported consolidated comparable store sales for the four-week period ended February 2, 2008, increased 3% over last year. Total sales increased 7% to $1.13 billion from $1.06 billion…
Ross Stores Comps Rose 1% in January
Ross Stores, Inc. reported same-store sales rose 1% for the four weeks ended Feb. 3 and 2% for the 13 weeks ended Feb. 2, 2008 over the comparable periods a year ago. Ross said sales for the four-week period rose 9% to $350 million…
Sun and Ski Upgrades Online Product Reviews
Sun & Ski Sports has chosen PowerReviews to collect, organize, structure and moderate customer product reviews on its Web site. The 15-store retail chain's e-commerce site advertises 1,000 SKUs from 100 brands…
Turner PR Names Senior Director for NYC
Turner Public Relations, Inc. has added LoriBeth Slosek as senior director in its New York headquarters and showroom. In her new position, Slosek will lead accounts for the consumer lifestyle product team working with internationally recognized brands in
Ryka Hires Ad Agency
Frank About Women, a marketing-to-women consultancy, has secured marketing communications duties for Ryka, a division of American Sporting Goods. Frank About Women will develop the company's launch campaign highlighting Kelly Ripa, the new spokespers
LaCrosse to Ship More Cold Weather Boots to Marines
LaCrosse Footwear, Inc.'s Danner subsidiary won a $900,000 delivery order under its Mountain Cold Weather Boot contract with the United States Marine Corps. Danner will supply the troops in Afghanistan with 5,730 pairs of the boot in several shipment
Amer Sees Winter Sports Weakness Drag Q4, 2007 Results
Amer Sports reported a 14.5% decrease in fourth quarter sales to €497.1 million ($720.0 mm) from €581.6 million ($750.0 mm) for the year-ago period. For the full year, net sales decreased 7.8% to €1.65 billion ($2.26 bn) from €1.79 billion ($2.25 bn) last
Bakers Footwear Gets Funding
Bakers Footwear Group issued 350,000 shares of common stock and entered into a $7.5 million subordinated secured term loan with Private Equity Management Group (PEMG) and an entity affiliated with PEMG. Bakers received net proceeds of about $6.7 million a
