A pair of law firms, Lerach Coughlin Stoia Geller Rudman & Robbins LLP and Brower Piven, have commenced class actions in the United States District Court for the Northern District of Texas against Heelys, Inc. The suits were filed on behalf of purchasers
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Easton Hockey Partners with Teamwork Athletic on Sublimated Jerseys
Easton Hockey has partnered with Teamwork Athletic to distribute top of the line Easton branded, custom sublimated hockey jerseys. This new partnership will allow for dealers to work with hockey associations, leagues, and teams to create custom hockey je
Foot Locker Limits Q2 Losses; Points to Aggressive Turn-Around Plans…
Foot Locker, Inc. saw shares jump more than 10% last week after surprising Wall Street with better-than-expected bottom line results and management offered up a solid plan for turning around a very tough athletic footwear business in the mall. The increa
Gander Mountain Q2 Loss Widens Despite Comp Sales Gain…
Gander Mountain saw strong top line growth in overall terms and on a comp store basis, but contracting margins caused the retailer’s net loss for the second quarter to expand considerably. By region, GMTN saw strong sales in its southern and eastern store
Dick’s Sporting Goods Ups Guidance; ‘Private Brands’ Initiatives Gain Momentum…
Dick’s Sporting Goods saw stronger-than-anticipated sales and improved gross margins collaborate to deliver earnings well above previously issued guidance for the second quarter. The addition of Golf Galaxy to the DKS new “family of brands” also pushed sa
Pacific Sunwear Store Closures Cause Q2 Loss…
Pacific Sunwear of California, Inc. saw continued soft results at its demo and One Thousand Steps concepts offset positive comps growth at the namesake PacSun chain. For the quarter, total transactions were up mid-single digits partially offset by low-sin
Hibbett Sees Q3 Trends Turn Positive; Still Cautious With Annual Outlook…
Hibbett Sporting Goods, Inc. tried to put the past behind them on their quarterly conference call with analysts, describing the first 19 days of the new quarter as a series of dramatic shifts from second quarter trends. For Q3-to-date, calendar comps were
Shoe Carnival Q2 Hurt by Shifting Calendar and Consumer Fashion Direction…
Shoe Carnival, Inc. was the first of the family footwear retailers to report second quarter results and the tone set by the retailer may signal a broader problem for the mid-tier market this fall as some start to worry aloud about the health of the low- t
Rawlings Promotes Two to VP
Rawlings promoted Mike Thompson VP, sports marketing and business development and Jeff Noser to VP, team sales…
Pacific Sunwear Sees Limited Connection on Board
Pacific Sunwear of California, Inc. has added Grace Nichols to its Board of Directors. Ms. Nichols has worked for more than 20 years at Limited Brands, including fourteen years as CEO of Victoria's Secret Stores. Earlier this month, Michael Weiss res
Pacific Sunwear Posts Q2 Loss on demo; One Thousand Steps Charges
Pacific Sunwear of California, Inc. saw second quarter net sales increase 9.7% to $344.2 million from $313.7 million for same period last year. The company recorded a net loss of $10.5 million compared to net income of $9.7 million last year. Charges asso
Danskin Changes Name to Triumph Apparel Corp.
Danskin, Inc. has changed its name to Triumph Apparel Corporation, effective August 2, 2007. Triumph was the Corporation’s name earlier in its 125 year history. The name change was required as part of the sale of its Danskin intellectual property, to Icon
Big Agnes Bowls for Leave No Trace
Big Agnes Inc. raised over $5,000 for Leave No Trace through its 3rd annual Summer Outdoor Retailer event, Big Agnes Bowl-O-Rama…
Fleet Feet Chicago Adds President of Retail
Fleet Feet Sports' Chicago Franchisee has added Paul Scheuerlein as president of retail, reporting to owner and CEO, Dave Zimmer. Scheuerlein, 55, will also be responsible for operations and business development and will serve as the company’s genera
Billabong Posts 24% Fiscal 2007 Sales Growth
Billabong International Limited saw net profit jump 14.6% to A$167.2 million ($131.4 mm) for fiscal 2007, or 19.2% in constant currency terms. Sales revenue climbed 24.1% in constant currency terms (20.1% in reported terms) to A$1.2 billion ($943.1 mm). I
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