SGB Apparel

Shoe Carnival Q4 Earnings Climb 70% on 8.3% Sales Gain

Shoe Carnival, Inc. net earnings for the 14-week fourth quarter increased 70.0% to $5.1 million compared with net earnings of $3.0 million in the 13-week Q4 last year. Diluted EPS increased 68.2% to 37 cents per share compared with 22 cents per share last

EMS Hires CGPR

Eastern Mountain Sports hired CGPR as its public relations agency of record…

Adams Golf Sees Q4 Sales Jump

Adams Golf reported net sales increased 35.1% to $13.1 million for the fourth quarter from $9.7 million in the comparable period last year. The company used the sales gains to switch last year's net loss of $1.0 million to a net income of $4.4 millio

Vail Second Quarter Earnings Climb

Vail Resorts, Inc.'s mountain segment reported a 10.5% increase in fiscal second quarter revenues to $272.0 million from $246.2 million for the comparable quarter last fiscal year. Mountain expense increased $9.2 million, or 6.1%, to $159.9 million.

Iconix Closes Danskin Acquisition

Iconix Brand Group, Inc. has completed the acquisition of the brand Danskin. The purchase price for the transaction was $70 million with a contingent payment of an additional $15 million, to be payable in cash or stock, based on the brand exceeding certai

Foot Locker Sees Reduced Promos Boost Profits…

Foot Locker Inc. management said they took their foot off the promotional pedal during much of the month of December in the U.S. and for most of the entire fourth quarter in Europe, a move that helped the world’s-largest-athletic-specialty-retailer post s

Frozen February Slows Retail Comp Sales Growth

As blizzards and freezing temperatures swept across much of the country in February, consumers were left sitting at home waiting for the spring thaw to finally arrive. Retailers, meanwhile, were left waiting for those very consumers to return to the cash

Rocky Brands Sinks into the Red in Q4…

Hurt by a slowdown in its western boot business, Rocky Brands Inc. reported a loss of $100,000 against a profit of $2.6 million, or 46 cents per share, a year ago. Revenues fell 5.7% to $70.6 million from $74.9 million…

SGMA: Sporting Goods Industry Hits $66 Billion

According to SGMA’s annual The State of the Industry report, wholesale sales in the sporting goods industry increased 7.6% to $66.44 billion during 2006, up from $61.75 billion in 2005. This top line number includes sales of athletic footwear, apparel and

Ashworth Sees Domestic Woes Plague Q1 Results…

Growth overseas was not enough to offset decreases in the U.S. for Ashworth during the company’s fiscal first quarter. The overall sales decline, paired with increased expenses as well as decreased gross margins related to the “underutilization of the Emb