Gildan Posts Strong Q4; Hints at Possible Sock Deal…
Gildan Activewear saw a strong fourth quarter help finish a strong 2005 that left the company with a decent chunk of cash on hand and several options to explore. Small one-time fees were about the only downside as management discussed growing market shar
2005 Embargoes End; OIA Continues Fight into 2006…
Following their broad memorandum of understanding with the Chinese Government last month, the Committee for the Implementation of Textile Agreements has dismissed all pending petitions to further limit trade with China and released products in five catego
American Recreation the Only Bright Spot for Kellwood…
Kellwood, parent company to American Recreation, continues to struggle with restructuring and creating a solid design infrastructure for many of its apparel brands. However, American Recreation, which includes Kelty, Sierra Designs, and Slumberjack, conti
L.L. Bean Launches Multi-Channel Marketing Strategy…
L.L. Bean is shifting its marketing strategy and has hired two new advertising firms to address the reality of multi-channel marketing in today’s retail environment. The company has hired JWT, a New York advertising firm, to handle its traditional media a
OGIO Fights Against Bag Organizer Infringement
OGIO announced that it has issued more than a dozen cease-and-desist letters to golf retailers and bag manufacturers throughout the U.S., which the company feels are infringing on the its patented Woode organization technology…
ISIS Appoints Siquis as Agency of Record
ISIS announced the hiring of Siquis Ltd. of Baltimore, Maryland as the company's agency of record. Siquis will handle all aspects of the ISIS image including collateral, in-store merchandising, advertising, and website development…
Forzani Renovations Pay off; Q3 Corporate Comps Climb 3.2%
The Forzani Group Ltd. reported retail system sales for the third quarter were $307.6 million, an increase of $50.2 million, or 19.5% from $257.4 million. Total Revenue, consisting of corporate store sales, wholesale sales, service income, equipment renta
Sport Chek and Columbia Join Forces to Help ‘The Power of Sport for Kids Program’
Sport Chek, a corporate banner of The Forzani Group, announced that long time major supplier Columbia Sportswear Company partners with The Power of Sport for Kids Program. Sport Chek, through The Forzani Group Foundation presents this program in partne
Kellwood Sees Sales Decline 12.5% in Q3
Kellwood Company Sales from continuing operations for the third quarter decreased 12.5% to $587 million, as compared to $671 million last year. Net earnings for the third quarter were $16.2 million or $0.60 per diluted share. The “other soft goods” divisi
Peak Resorts Takes Over Operation of Jack Frost and Big Boulder
Blue Ridge Real Estate Company and Big Boulder Corporation have entered into a long term agreement with Peak Resorts whereby Peak Resorts will operate Jack Frost Mountain and Big Boulder ski areas…
Cabela’s to Open First Chicago Store
Cabela's Incorporated expects to open a Hoffman Estates retail showroom as early as summer of 2007. The Hoffman Estates retail store would be Cabela's first store in Chicago and first in the state of Illinois…
Moonstone Hires New Brand President
Noted outdoor apparel brand Moonstone Mountain Equipment announced the appointment of Brent Bishop as president of the Moonstone brand. Bishop, no stranger to Moonstone, has led Moonstone’s product design board since 2001 and has provided strategic marke
Gottschalks November Comps Inch Up 0.5%
Gottschalks Inc. same store sales for the month of November increased 0.5% from the prior year. Total sales for the month increased 1.8% to $62.5 million from $61.4 million in November 2004…
The Buckle Ekes Outs 0.3% Comp Sales Gain for November
The Buckle, Inc. reported that sales for November increased by 5.6% to $42.5 million from sales of $40.3 million in November 2004. Comparable-store sales rose 0.3%.
Gildan Q4 Income Jumps 73% on 24% Sales Increase
Gildan reported fiscal fourth quarter net earnings of $29.2 million and diluted E.P.S. of 48 cents, up respectively 73.6% and 71.4% from the fourth quarter of last year. Sales in the fourth quarter amounted to $180.7 million, up 24.1% from the fourth quar