Teresa Hartford | Page 174 | SGB Media Online

Golf Town to be Acquired by PE Firm; Sees Strong Q2 Sales…

August 13, 2007 SGB Update

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%…

August 13, 2007 SGB Update

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…

August 13, 2007 SGB Update

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

August 13, 2007 SGB Update

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

August 13, 2007 SGB Update

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

Shoe Pavilion Q2 Comps, Net Income Decrease 1%

August 10, 2007 SGB Update

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

August 10, 2007 SGB Update

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

August 9, 2007 SGB Update

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

August 9, 2007 SGB Executive

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%

August 9, 2007 SGB Executive

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