Sport Chalet pointed to “more seasonable” winter weather at the resorts frequented by their customers as well as an “improved economic climate” for a strong fourth quarter that finished off a turnaround year for the 31 store chain based outside Los Angele
Author: SGB Media
Cowboys and JC Penney End Deal on Push for More Commitment…
The Dallas Cowboys, the only NFL team that opted to handle development and sales of its own team softgoods merchandise when the league did the exclusive deal with Reebok, will apparently let its exclusive retail deal with JC Penney expire at the end of it
Genesco Looks to Athletic in Journeys’ Q1 Surge; Hat World Helps Bottom Line…
Genesco Inc. is feeling pretty good about the business these days, so much so that the company has gone ahead and increased full year sales and earnings estimates once again. The strength of the fashion athletics business at Journeys and better-than expe
U.K. Labor Organizations Target Sporting Goods Vendors in Europe…
The international labor organizations, Oxfam, Trade Union Congress (TUC) and Labor Behind the Label recently launched a campaign called “Play Fair at the Olympics.” The campaign singles out sportswear manufacturers – particularly Puma – for cutting corne
K2 Inc: Why We Didn’t Buy It and What We Will and Won’t Acquire…
At the SunTrust Robinson Humphrey Conference in Atlanta, Dudley Mendenhall, K2 Inc.’s SVP Finance, outlined his company’s performance and future strategy for investors. Mendenhall said K2 now represents about $1 billion of the $50 billion U.S. wholesale
Perry Ellis Puts on Swimwear Push…
Perry Ellis International reported that Q1 net income profit jumped 46% to $8.2 million for the quarter. EPS was up 11.3% to 89 cents per diluted share. Total revenue surged 82.4% to $197 million from $108 million in the year-ago period. Gross margin i
Sport Haley Gets Another Hogan Lift; Gets ready for Top-Flite Apparel Debut…
Sport-Haley said it is “disappointed” with sales of its Haley branded product, especially with the decrease seen in the men’s apparel segment, but appear to be quite happy with the gains seen in the Ben Hogan brand apparel licensed through the Top-Flite G
Currency FX Rates Limit Rossignol’s Full Year Sales…
Rossignol closed the books on the company’s 2004 fiscal year, which ended in March. The group showed a 1.1% decline in sales when measured in Euros, down from €484.9 million ($482.0 mm) in 2003 to €479.4 million ($563.7 mm) for the past year. With over ha
Yue Yuen Closer to Providing One-Stop-Shopping for Vendors…
Yue Yuen is moving beyond footwear and apparel and into bags and accessories. The Taiwan based manufacturer has acquired a 30% stake in Prosperous Industrial Holdings Limited, an OEM/ODM manufacturer of sports bags, luggage, golf bags, hand bags and trave
Umbro IPO Float Lives Up to Lowered Expectations After Offer Price Cut…
The Umbro Holdings IPO in London hit a bit of a snag this week after the company was forced to back off its initial expectations of a offer price in the £1.50 – £1.90 ($2.72-$3.45) range to a more realistic offering at £1.00 ($1.81). Investors and analys
Cabela’s Keeps the Momentum Going…
Cabela’s continues to see its Retail business capture a larger part of its fast-growing business as the big-box outdoor recreation retailer prepares for its pending IPO. Cabela’s is poised to partake of the same success experienced by rival Gander Mounta
Outlast Acquires Frisby Assets; Litigation Continues…
After nearly three years of legal battles over patent infringement between Outlast Technologies and Frisby Technologies over the rights to “Phase Change Materials”, Outlast has bought substantially all of the assets of its competitor…
New TSA Getting Closer to the Gart Model…
Doug Morton, vice chairman and CEO of The Sports Authority, will temporarily assume the chief merchant role as the retailer looks for a replacement for Elliott Kerbis after the president and chief merchant resigned last week. Morton pointed to five “very
Cabela’s Keeps the Momentum Going…
Cabela’s continues to see its Retail business capture a larger part of a fast-growing business as the big-box outdoor recreation retailer prepares for its pending IPO. Cabela’s is poised to partake of the same success experienced by rival Gander Mountain
Outlast Acquires Frisby Assets; Litigation Continues…
After nearly three years of legal battles over patent infringement between Outlast Technologies and Frisby Technologies over the rights to “Phase Change Materials”, Outlast has bought substantially all of the assets of its competitor…