Shoe Pavilion, Inc. saw second quarter net sales increase 19.5% to $37.5 million from $31.4 million for the same period last year. Comparable store net sales for the second quarter decreased 1.0% after increasing 3.9% last year. Sales from new stores and
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Hidary Group Back in Everlast Acquisition Game…
Everlast Worldwide Inc. posted strong second quarter sales results, but the ongoing struggle that has been its attempt at a sale show those fighting might have a pretty good reason. The most recent development in the process came early last week as the Hi
Warnaco Takes a Hit from Weaker Swimwear Business…
Warnaco Inc. reported that its Swimwear division posted an 11.8% decline in revenues for the second quarter, tallying $111.8 million in sales versus $126.7 million in the year-ago period. Speedo brand sales were down 9.7% to $70.3 million for the period
Jarden Closes on K2 Acquisition…
Jarden Corporation completed its acquisition of K2 Inc. The transaction is valued at approximately $1.2 billion, including the assumption or repayment of indebtedness. Under the terms of the agreement, K2 shareholders received 0.1118 of a share of Jarden
Golfsmith Swings to Q2 Profit Despite Comp Dip…
Golfsmith International Holdings, Inc. saw second quarter net revenues increase 9.6% to $125.0 million from $114.1 million for the second quarter of fiscal 2006. Sales through the company’s stores increased 14.1% to $96.8 million from $84.9 in the year-ag
Adams Golf Sees 18% Q2 Sales Increase
Adams Golf reported net sales of $30.4 million for the second quarter compared to $25.7 million a year ago, a gain of 18%. Sales in the U.S. increased 20.5% to $24.5 million from $20.4 million in the year-ago period. International sales could not match th
Golf Town to be Acquired by PE Firm; Sees Strong Q2 Sales…
Golf Town Income Fund has entered into a definitive Transaction Agreement with OMERS Capital Partners for all of the assets of Golf Town Limited Partnership to be acquired for proceeds equal to CA$17.15 ($16.28) per fully diluted share, or approximately C
Iconix Q2 Revenue Jump113%…
Iconix Brand Group's recent slew of acquisitions is quickly paying dividends as licensing revenues were well up for the second quarter. For the quarter, licensing revenue catapulted 113% to $39.1 million from $18.4 million a year ago…
Puma AG Sees U.S. Weakness Cut into Gains in Other Regions in Q2…
Puma AG was able to overcome a tough anniversary in Europe in the second quarter as the company exceeded the strong numbers from a year ago driven in large part by the 2006 FIFA World Cup, but the company was not so fortunate in the U.S. market, which tum
OR Summer Market ‘07: The Greening of Hardgoods
OR Summer Market again pulled off a stronger show than any previous year with innovation coming form nearly every corner of the show floor. While the green theme was certainly more prevalent at this year’s show, it was also clear that companies are being
OIA Brings the Industry Together
Even before the show started, OR Summer Market-related events were drawing standing room only crowds. In particular, OIA’s first annual Thought Leader Symposium started a tradition well worth repeating. The biggest news out of the event was that Mountain
prAna Eyes Outerwear with Scapegoat Acquisition
prAna will look to address the outerwear market through its acquisition of Scapegoat for an undisclosed sum. The deal will give prAna a premium line of technical outerwear, while the new Scapegoat product will be marketed as “Scapegoat by prAna.” In addi
Despite Venue Change Open Air Demo Sees Success…
Despite a last minute change in venue, from the original Willard Bay site, because of low water conditions, the Open Air Demo at the Pinewa Reservoir near Odgen, UT went off without a hitch as both paddlers hit the water and hikers and runners hit the tra
Zumiez July Comps Up 9.7%…
Zumiez Inc. recorded a July sales jump of 42.4% to $28.2 million from $19.8 million for the same month last year. The company's comparable store sales increased 9.7% for the four-week period, on top of an 8.4% improvement in the year-ago period. Skat
BroForm Parent Acquired by 3point5.com…
3point5.com finalized an agreement to purchase Influence Technologies. ITI, based in Tustin, Calif., specializes in online consumer and business-to-business catalogs, specialty sales programs and manages industry-specific web marketplaces including BroFor