DSW Inc. joined a list of retailers lowering their 2007 forecasts due to sluggish sales. The shoe chain now expects to earn between $1.24 to $1.29 per share. Last month, it said earnings would be at least 10% below last year's earnings of $1.48 per s
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Alyssa and Baseball Drive G-III Sports Licensing…
G-III Apparel Group said its sports licensing business is “doing quite well” despite losing part of its distribution arrangement with NFL Properties. On its Q3 conference call, management said its collegiate business is growing “very well” and baseball is
Skechers Targets China with JV…
Skechers is expanding its sales and distribution in China through a joint venture with Luen Thai Enterprises, a conglomerate based in Hong Kong, that will be aptly named, Skechers China. Over the next three years, the JV expects to open more than 1,200 po
Amer Sports to Shutter Wilson Golf Ball Plant…
Amer Sports is restructuring its Wilson Golf business, closing the doors on its Tennessee golf ball manufacturing facility, as well as inking a new distribution deal for Japan. In the United States, Wilson will be closing its golf ball production in Humbo
The Finish Line Expects Q3 Loss on Weak Sales…
The Finish Line, Inc. saw consolidated net sales from continuing operations total $268.7 million for the third quarter, a decrease of 4.0% from $280.0 million for the same period last year. The company noted a $6.7 million benefit in the year-ago quarter
Forzani Lands 100 New Doors with Athletes World Acquisition…
The Forzani Group closed its deal to acquire Athletes World Limited last week. Forzani paid $1.5 million for the shares of Athletes World and the inter-company debt. Forzani also assumed the secured debt, which was approximately $20 million. Roughly $17 m
Confluence Appoints Rechner as President and CEO…
Confluence Watersports has named Sue Rechner president and CEO, effective, December 17, 2007. Rechner has more than 15 years of experience in consumer products and was previously president of Victorinox Swiss Army, Inc. She also simultaneously served as
U.S. Forest Service Launches Conservation Strategy
U.S. Forest Service chief Abigail Kimbell announced a new Open Space Conservation Strategy for her government agency. The Open Space Conservation Strategy is the product of extensive public comment and collaboration, with over 22,000 comments received – n
Chaco Moves U.S. Manufacturing to China…
Last year, Chaco founder, Mark Paigen made the difficult decision to shift all of his Colorado-based manufacturing to contractors in the Far East. While the company has been manufacturing all of its newer models abroad for five years, Paigen was able to m
OR Winter Market Creates New Layout for 2008…
Outdoor Retailer Winter Market will be expanding upon the focused areas featured at Summer Market with a variety of categories gathered in distinct sections of the show floor…
MEC Pulls Polycarbonate Plastic Off Shelves…
According to Canada’s Globe and Mail, Mountain Equipment Co-op has pulled most food and beverage containers made of polycarbonate plastic from its shelves due to possible health risks. The action will see nearly all plastic containers removed from the ret
American Rec Parent Sees Turn-Around by 2008…
Kellwood’s third quarter total net sales from ongoing operations, which is comprised of continuing operations results excluding impairment, restructuring and other non-recurring charges, were $404.1 million, up from net sales of $397 million in the third
The Walking Co. Thanksgiving Comps Surge 20%…
The Walking Company saw comparable store sales increase approximately 20% for the three-day Thanksgiving weekend. The shoe chain also saw low-double-digit comparable store sales for months of October and November. Andrew Feshbach, CEO of Big Dog Holdings,
SIA.08 Ramps Up Sustainability…
SnowSports Industries America will be ramping up its environmental efforts this year with several new initiatives and practices. New for the SIA.08 SnowSports Trade Show is the ECOsource Market Segment exhibit. This special exhibit will feature exhibitor’
Zumiez Sees November Comp Sales Growth Slows…
Zumiez Inc. recorded a 5.6% increase in same store sales for fiscal November. The comps improvement comes on top of a 12.1% jump in the year-ago month. Total net sales for the four-week period increased 28.5% to $33.3 million, compared to $25.9 million fo
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