Big 5 Struggles with Calendar Shift in Q3; Sales and Profits both Hurt by Loss of Key Week…
Big 5 Sporting Goods would have seen better results had it not been attempting to anniversary against a shifting retail reporting calendar, a new distribution center, and costs associated with the company’s restatement of certain financial statements. Th
OIA: Equipment Sales Shift to e-Commerce…
The overall retail environment is changing quite dramatically, according to OIA’s most recent Top-Line Retail Audit, but these changes do not appear to effect specialty retailers in any negative way. The most profound changes are clearly driven by two pr
Amer Sports Creates New Asia Sourcing Group…
Steve Millea, who most recently had been serving as president of Wilson’s Racquet Sports and Golf businesses, will now move to Asia to head up the Amer Sports Sourcing Initiative, which will see all Wilson, Atomic, Precor, Suunto and Salomon sourcing func
Collegiate Pacific Posts 13% Organic Sales Increase for Q1
Collegiate Pacific Inc. reported its results for the first fiscal quarter of 2006 ended September 30, 2005 with sales increasing 124.7% to $65.3 million from $27.7 million during the same period last year. This huge gain comes largely on the heels of the
Wilson Racquet Sports to Distribute Luxilon
Wilson Racquet Sports and its parent company Amer Sports have partnered with Luxilon Sports to serve as the exclusive world-wide distributor of their monofilament strings and other products beginning in 2006. Belgium-based Luxilon is used by more than 800
Spalding Neverflat Receives ‘Best of’ Award
Fresh off the heels of introducing the Spalding Neverflat basketball, Popular Science Magazine has recognized the basketball guaranteed to hold air 10 times longer than traditional basketballs, among the Best of What’s New products in the recreation categ
Footstar Sees Q3 Sales Fall 13%; Narrows Net Loss
Footstar, Inc. reported that net sales decreased $24.3 million, or 13.1%, to $161.7 million in 2005 compared with $186.0 million in 2004. A 9.6% comparable store sales decline in Shoemart during 2005 accounted for $15.7 million of this decrease and the cl
SIA and REI Host ‘Winter Feels Good’ Event
SIA is working with REI stores in Northern Virginia and Maryland to host the Winter Feels Good Pavilion and Snowshoe Park that will be a interactive feature of the National Ski and Snowboard Expo this weekend – November 11-13, 2005 – at the Dulles Expo Ce
Pacific Sunwear Sees Q3 Sales Jump 14%; Income Up 20%
Pacific Sunwear of California, Inc. reported that total sales for the third quarter ended October 29, 2005 were $377.5 million, an increase of 13.6% over total sales of $332.4 million for the third quarter of 2004. Net income for the quarter increased 20
Intrawest Sees Fiscal First Quarter Return to Profitability
Intrawest Corporation, for the first quarter of 2006, reported total revenue of $301.8 million, an increase of 47%. Net income increased significantly to $9.2 million, resulting in diluted earnings per share of $0.19. Total Company EBITDA more than triple
Sears Names EVP Apparel Design
Sears Holdings Corporation named Lisa Schultz as executive vice president, Sears Holdings Apparel Design, a new position. In this new role, Schultz will have responsibility over all of Sears' and Kmart's apparel design teams. She will report to
Foot Locker, Inc. Sees Positive Trend in Europe…
Foot Locker, Inc. looked to a fresh management team in Europe to deliver some light at the end of the tunnel in the third quarter in a region that is keeping both retailers and vendors up at night. The team, led by former Lady Foot, And 1, and Footaction
Declining Mercury Pushes October Retail Comps Higher…
A shift in weather patterns to more seasonal temperatures in mid-October appeared to be the driver for an October at retail that surprised and even shocked some of the most optimistic prognosticators of retail trends. According to a monthly survey of 71
Warnaco Inc. Gets Help from Swimwear Group on Third Quarter Top Line…
Warnaco Inc. posted slight sales increases and a strong net income gain in the third quarter as the company’s Swimwear Group, which includes Speedo, Ocean Pacific, and other designer brand swimwear, offset lackluster sales in the other divisions. Revenues
prAna Acquisition Puts Claiborne in Outdoor…
In 1993, after gaining brand building experience by launching Spy Optics – which is now a public company of its own – Beaver Theodosakis started a new apparel company with his wife, Pam, and business partner, Demian Kloer. The group named the company aft
