With early results in from retailers and analysts across the market it looks like the 2011 holiday shopping season got off to a fast and early start. Enticed by deep door-buster discounts, shoppers hit the stores in greater numbers earlier than ever this
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Genesco Beats the Street in Q3 on Solid Earnings Growth and Comp Sales Gains…
Touting high-single digit to double-digit comp gains across its chains, Genesco Inc. reported earnings soared 54.1 percent in the third quarter. The company also raised its full-year earnings estimate…
DSW Hikes Fiscal Year Guidance After Solid Third Quarter Performance…
DSW Inc. reported third quarter earnings, adjusted for the impact of its merger with its largest shareholder, Retail Ventures Inc., and related items, reached $39.8 million, or 88 cents per share, representing a gain of 12.1 percent compared with adjusted
Brown Shoe Lowers Fiscal Year EPS Guidance; Will Shutter Retail Doors…
Brown Shoe Co. lowered its EPS guidance for the current year due to plans to exit some of its wholesale brands, IT implementation expenses, and eroding sales trends at retail. The company also revealed plans to shutter about 13 percent of its Famous Footw
Power Balance Files for Bankruptcy Protection Under Lawsuit Pressure…
Power Balance LLC, the maker of Power Balance bracelets worn by NBA players and celebrities, filed for bankruptcy protection in federal court in Santa Ana, CA. The filing is the result of numerous lawsuits that allege misleading advertising about the holo
Collective Brands Sees Payless Struggle Again in Q3 But Wholesale Brands Surge…
Collective Brands Inc. reported a loss of $114.3 million, or $1.91 a share, in the third quarter after charges totaling $151.4 million for lease termination costs and tax valuation reappraisals tied to its Payless division. Adjusted net earnings were $37.
NSGA Creates New Industry All-Star Awards Program…
The National Sporting Goods Association (NSGA) has created a new way for the industry to recognize outstanding accomplishments and contributions with the launch of its All-Star Awards program. The All-Star Awards program is meant to recognize the most out
NSGA Creates New Industry All-Star Awards Program…
The National Sporting Goods Association (NSGA) has created a new way for the industry to recognize outstanding accomplishments and contributions with the launch of its All-Star Awards program. The All-Star Awards program is meant to recognize the most out
OBIT: Richard E. Adler, Adler Sporting Goods…
Richard E. Adler, owner of Adler Sporting Goods in Cleveland, has passed away at the age of 79…
Sears Holdings Names SVP/President, Fitness and SG
Sears Holdings Corporation has named Hugo Malan as SVP and president, Fitness and Sporting Goods. Malan most recently served as Managing Director, Barclays Capital…
NGP Names Distributor for Middle East
National Golf Products (NGP) has named Synergy LLC as its official distributor in the Middle East. NGP's first partner in the Middle East, Synergy LLC, based in the Sultanate of Oman, is the region's leading supplier of golf maintenance equipmen
Cleveland/Srixon Partners With GolfGym
Cleveland Golf/Srixon has formed a strategic marketing alliance with GolfGym to promote the products and services of both companies. Additionally, Cleveland is sponsoring the Team Falken Tire Porsche GT3 RSR, which runs in the GT2 class of the American Le
DSW Posts Fourth Quarter Loss as Comps Slide 7.2%
DSW Inc. recorded a net loss for the fourth quarter despite an increase in net sales. Sales rose 4.7% to $348.2 million for the quarter from $332.5 million last year, but comparable store sales dropped 7.2% after a 1.7% slip for the year-ago period. As a
Ecco Expands Role of Senior Sales Staff
ECCO has expanded the roles of two of its senior sales staff through its “Sales Force Deployment” initiative designed to further retailer support and increase sell-through of its golf collections. Under the augmented service model, Joe Allen, Regional Fi
The Buckle Sees Changes to Board of Directors
The Buckle, Inc. reported that Ralph M. (Butch) Tysdal will retire from its Board of Directors effective with the company's annual meeting to be held on May 29, 2009. Additionally, David A. Roehr has notified the company that he does not intend to st
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