Phoenix Footwear Group, Inc. saw net sales from continuing operations for the second quarter of fiscal 2007 decrease 11.3% to $25.2 million, compared to $28.4 million for the second quarter of fiscal 2006. The decline was primarily driven by a 47.7% decre
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Bob’s Stores Posts 10% Comp Gain in Q2; Narrows Loss…
The TJX Companies, Inc. reported that its Bob’s Stores division posted a 10% comparable store sales gain for the fiscal second quarter ended July 28 on top of a 6% increase in the second quarter last year. Total sales increased 10.7% to $71.3 million from
Cabela’s Looks to Canada Again for Expansion…
Cabela's has reached an agreement to purchase S.I.R. Warehouse Sports Store, a Winnipeg, CA-based hunt & fish specialty retailer. This storefront would be Cabela’s first Canadian retail operation. S.I.R. bears a remarkable resemblance to the way CAB
Prince Sports Gets New Private Equity Partner…
Nautic Partners, LLC, a private equity firm with more than $2.3 billion of capital under management, has acquired Prince Sports, Inc., in partnership with Prince’s management. The firm acquired Prince from Lincolnshire Equity Fund II LP, another P.E. fi
GSI Commerce Adds Partners Through Acquisition…
GSI Commerce Inc. is either adding functionality to its services, removing a bit of the competition, or both, as the company announced its plans to acquire Accretive Commerce Inc., a Huntersville, N.C.-based e-commerce solutions provider. Under the defini
O’Neill North America Licensee Adds Rusty to Portfolio…
The La Jolla Group, Inc., which was founded in 1992 with the acquisition of the North American license for O’Neill Clothing from Jack O’Neill and his family, has added another brand to its roster as it acquired the North American license for apparel and a
The Finish Line and Genseco See Merger Deal Pass FTC Muster…
The Finish Line, Inc. and Genesco Inc. announced last week that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Act, in connection with the companies' pending merger. The deal, which is exp
Payless ShoeSource Closes on Stride Rite Acquisition…
Payless ShoeSource, Inc. has completed the acquisition of The Stride Rite Corporation, including the Stride Rite, Keds, Sperry Top-Sider, Tmmy Hilfiger Footwear, and Saucony brands, and has officially changed its name to Collective Brands, Inc.
True Temper Q2 Loss Expands…
True Temper Sports, Inc. posted a modest mid-singles sales growth rate for the second, but decreased margins as the result of increased pricing pressure, especially in nickel, paired with an increase in the quarter’s interest expense to cause the company
Easton-Bell Q2 Profits Soar on Better Margins…
Easton Bell Sports finished its first full quarter after the merger between Easton and Riddell-Bell Sports anniversaried in March with low-single-digit organic sales growth that led to very strong bottom line growth. Most of the sales increase came from t
OR Summer Market: Apparel Trends Swing Towards Tech and Green…
While lifestyle apparel is generally the theme of OR Summer Market, many of the more technical companies were offering a healthy balance between performance, sport-specific apparel and more casual, lifestyle offerings. Part of this trend is linked to the
Solstice Re-Launches with New Ownership and Design Team…
Solstice is re-joining the outdoor industry with a new silent ownership group, a new design team, and a new marketing firm, after a brief hiatus. Formerly headed by Don Pattison, Solstice is now run by a team of former Columbia Titanium designers, includi
Atomic Puts New Ogden-Based Sr. Management Team in Place…
Following the relocation of their headquarters to Ogden, UT, Atomic put a new team of senior level staff in place. The new team will be led by Mike Adams, president and general manager of Atomic USA…
Orange 21 Q2 Profits Impacted by Restructuring…
Orange 21 Inc., parent company to Spy Optics, is still battling with restructuring and integration following the acquisition of their Italian factory, LEM. Second quarter sales increased 15.5% to $11.9 million from $10.3 million for the same period last y
REI launches new ‘Eco-Sensitive’ Labeling…
While many vendor companies and OIA are meeting to discuss standards for eco-sensitive labeling, REI has already rolled out a plan to implement a similar program into its REI brand products. The new eco-sensitive label will designate items manufactured wi
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