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
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
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
Prince Swaps PE Investors
Four years after acquiring Prince, Inc. from the Benetton Group, the Prince management team has swapped out investment partners, replacing Lincolnshire Equity Fund II LP with Nautic Partners, LLC. Based in Providence, Rhode Island, Nautic Partners is a pr
Shoe Pavilion Q2 Comps, Net Income Decrease 1%
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%. Sales from new stores and relocated stores contributed $9.
The Athlete’s Foot Parent Posts Sequential Sales Gains
NexCen Brands, Inc. reported that total revenues for the second quarter sequentially increased to $8.9 million, compared to $3.9 million in the first quarter of 2007. The company reported a net loss of ($245,000) or a penny per diluted share for the quart
Head Q2 Winter Sports Gains Not Enough to Offset Racquet Softness
Head N.V. saw sales decrease 3.4% for the second quarter to €61.6 million ($83.1 mm). The company posted a net loss for the period of €6.5 million ($8.8 mm), growing 38.3% from a €4.7 million ($5.9 mm) loss in Q2 2006. Winter Sports revenues for the quart
Amer Sports Sees Salomon Slow Q2 Sales
Amer Sports saw net sales decrease 3.6% to €310.3 million ($418.4 mm) in the second quarter, down from €321.8 million ($404.3 mm) in the year-ago quarter. The company did manage to post a slight increase in the net loss for the quarter, slimming 3.7% to a
Stage Stores July Comps Down 1.7%
Stage Stores, Inc. July sales increased 7.0% to $109.2 million from $102.1 million for the prior-year period. The company noted that the referenced prior year sales results exclude inventory liquidation sales of $10.5 million generated by the acquired B.C
Stein Mart Comps Slip 3.4% in July
Stein Mart, Inc. recorded a 2.1% increase in net sales for the month of July to $84.5 million from $82.8 million in the year-ago period. Comparable store sales for the month decreased 3.4%…
Wal-Mart July Comps Improve 1.9% on Sam’s Strength
Wal-Mart Stores, Inc. recorded a 6.5% increase in net sales to $26.99 billion during the month of July, accompanied by a 1.9% increase in same-store sales. Comparable store sales at U.S. Wal-Mart stores increased 1.3%, while Sam's Club comps improved
Patagonia and Merrell Join Youth Outdoors Legacy Foundation
Patagonia and Merrell have joined the list of companies supporting the Seattle-based Youth Outdoors Legacy Foundation's mission, who works to introduce kids to the outdoors. Patagonia and Merrell join REI, Columbia Sportswear, prAna, WL Gore, Youngon
OIA Adds to Board of Directors
With the ballots counted and appointments made, the 2008 OIA Board of Directors is complete. The new slate of Directors was ratified at Thursday’s board meeting in Salt Lake City. Seven new board members were elected by OIA members and five appointed seat
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