Crocs, Inc. has raised its sales and net income per diluted common share guidance for the second quarter ending June 30, 2006. The Company now expects sales for the second quarter of fiscal 2006 to be between $62 million and $65 million compared to its pr
Author: SGB Media
Crocs Shareholders to Sell-off More Stock
Crocs, Inc. filed a registration statement with the Securities and Exchange Commission for an underwritten public secondary offering of shares of common stock held by Crocs, Inc. stockholders. Crocs, Inc. will not receive any proceeds from the sale of the
Famous Footwear Operating Earnings Slip; Comps Climb 1.9%
Brown Shoe Company, Inc. reported a 10.0% increase in net sales to $575.5 million for the first quarter of fiscal 2006, ended April 29, versus $523.3 million last year. Sales at Famous Footwear were up 4.7 % to $302.3 million for the quarter, from $288.7
Genesco Sales Increase 10% on Strength at Journeys and Journeys Kidz
Genesco Inc. reported Net sales for the first quarter of fiscal 2007 increased 10% to $315 million compared to $286 million for the first quarter of fiscal 2006. Net sales for the Underground Station Group were flat at $40 million. Same store sales fell 3
REI to Expand Boulder Location and Experiment with New Designs
Recreational Equipment, Inc. plans to renovate and expand its current Boulder, Colo., store to pilot a prototype design for REI stores. Project completion is set for the fall 2007. The 21,000 square-foot store will expand into space currently occupied by
New Massachusetts Regulations Could Hurt Climbing Wall Industry
Massachusetts Department of Public Safety posted its most recent revisions to amusement regulations for the Commonwealth for public comment. The Climbing Wall Association believes these regulations may have eventual negative consequences for the climbing
Malden and 180s Land New Marine Contract
The Marine Corps System Command has chosen Malden Mills Industries, Inc.'s Polartec Power Shield fabric for use in the new Marine Corps Combat Desert Jacket. The CDJ is a new item in the Marine Corps inventory that is designed to enhance survivabilit
Teva Mountain Games Partners with Yahoo!
Beginning with a special preview package on May 30, Yahoo! will provide daily highlights from the Teva Mountain Games, which run from May 31 to June 4. Team coverage by Yahoo! will include daily text dispatches, photos and video features, which will run
Sara Lee Apparel Spin-off will Generate $4.7 Billion in Sales
Sara Lee Corporation disclosed further information regarding its previously announced plan to spin off its Branded Apparel, Americas/Asia, business to Sara Lee stockholders. As described in an information statement filed with the Securities and Exchange C
Nike and Apple Collaborate on New Training System
Nike and Apple inked a partnership to develop a new training tool for runners. The new Nike+ Air Zoom Moire is the first footwear designed to talk to iPod. With the Nike+ footwear connected to iPod nano through the Nike+iPod Sport Kit, information on time
Chaos Inks Sponsorship Deal with Vail Valley Foundation
CHAOS headwear and Vail Valley Foundation have signed a three year sponsorship program for participant gifts, as well as co-branded event merchandise of caps and beanies available at retail during this upcoming 2006/2007 season.
Atomic Promotes Race Directors
In preparation for another season of World Cup racing, Atomic Ski promoted Eduardo Guzman to International Race Director. Having spent numerous seasons on the hill for Atomic, Guzman brings veteran experience to his new position…
Perry Ellis Beats Wall St. Earnings Estimates; Revenues Down 5%
Perry Ellis International, Inc. first quarter total revenues were $214.0 million, a 5% decrease compared to $225.6 million reported during the comparable period last year. First quarter earnings were 59 cents per diluted share compared to 89 cents per dil
Icebreaker Expands Richards’ Sales Role
Icebreaker announced that Tim Richards will be expanding his territory for the brand. Richards, who has been covering Southern California, Southern Nevada, and Arizona since 2004, will now be servicing dealers in all of California, Nevada, and Arizona. In
Morrison Promoted to GM of Cocoon by Design Salt N.A.
Josef Sturm, Founder and President of Cocoon by Design Salt, appointed Sue Morrison as the new General Manager for North America. Morrison will replace GM Randy King who has left Cocoon to explore a new business opportunity…