Summer Market was a feast of emerging footwear innovations from a number of vendors, but two clear directions were evident as companies worked to broaden their base of consumers or extend their brand’s appeal beyond its intended primary use. Much of the
Author: SGB Media
Notes From the Open Air Demo…
The Summer Market’s Open Air Demo was a resounding success for most of the vendors BOSS spoke with. The lake at Little Dell Reservoir was crowded with canoes, kayaks, wind-surfers, and even sailboats. The two largest booths, Thule and Watermark, were draw
Gander Mountain Looks for Momentum Moving into Back Half of Year…
Gander Mountain saw the elimination of most of its vendor proof-of-performance rebates impact second quarter earnings to the tune of $1.5 million this year, resulting in a 6.3% increase in the net loss for the period when measured on a pro forma basis. On
Green Business Grows at OR…
The OIA¡¦s recommendation to keep the OR Summer and Winter Markets in Salt Lake City was contingent on one set of factors, namely the state of Utah¡¦s ¡§continued partnership with the OIA to promote a recreation economy and to protect its recreation gems.
Dick’s Moving Fast on Galyans Integration; Raises Guidance…
Dick's Sporting Goods does not appear to be as affected by the licensed apparel or fitness equipment issues that have caused other sporting goods retailers to reduce their expectations for the second quarter. That fact, coupled with the retailer’s i
Accell Group Acquires Bremshey out of Bankruptcy
Tunturi, a subsidiary of Accell Group NV, has launched its own organisation for the sale and distribution of fitness equipment in Germany. Accell decided to take this step partly due to the fact that the current distributor in Germany, Bremshey, was in fi
Polartec Apex Awards Announced
Malden Mills announces the Polartec APEX Design Award winners for 2004. This award goes to the best-of-the-best Polartec based garments that will be available to consumers Fall 2004. Winners are selected based on the style, function, and fit of the garmen
VF Names New Nautica CEO
VF Corporation has named Denise V. Seegal as President and Chief Executive Officer of its Nautica division. She will assume the position held since August 2003 by Nautica founder, David Chu, who is leaving to pursue other interests.
Deckers Adds Nelson as VP of Corporate Licensing
Deckers has appointed Tracey Nelson to the newly created position of Vice President of Corporate Licensing. In her new role as Vice President of Corporate Licensing, Ms. Nelson will be responsible for the licensing of Deckers' Teva, UGG and Simple br
Foot Locker Income Jumps 121% on Tax Benefit
Foot Locker reported net income for the second quarter increased 121% to 53 cents per share, or $82 million, compared with 24 cents per share, or $36 million in Q2 last year. Sales increased 12.9% to $1.27 billion compared with sales of $1.12 billion in t
PacSun Authorizes $50 mm Stock Buy-Back
Pacific Sunwear, following a regularly scheduled meeting of the company's board of directors, has authorized the company to repurchase up to an additional $50 million of Pacific Sunwear common stock. In the first half of fiscal 2004, under repurchase
Forzani to Acquire Nevada Bob’s Canadian Business
The Forzani Group and Nevada Bob's International have signed a letter of intent which contemplates Forzani acquiring the Canadian business of NBI. The completion of the transaction is conditional upon, among other things, the completion of due dilige
Brown Shoe Earnings Drop 32.4% on Flat Sales
Brown Shoe Company reported net earnings of $7.8 million for the second quarter of 2004, compared to year-ago earnings of $11.6 million, a decrease of 32.4%. Earnings per diluted share for the period were 41 cents, versus 62 cents last year. Consolidated
Sherpani Alpina Sees Dealer Base Surge
Sherpani Alpina, an outdoor company that makes backpacks exclusively for women, has seen its retail base surg to 150 dealerships in its first full season. Currently, Its retail partners include REI, Lucy Activewear, and EMS, as well as the Title 9 Sports
Cabela’s Looks West; To Open First Utah Store
Cabela's is in negotiations to build a 150,000-square-foot store near Lehi, Utah, and plans to have it open for business by late 2005. Construction is scheduled to begin in the summer of 2004. Cabela's expects to employ as many as 400 people to
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