Zumiez Inc. reported a 44.0% jump in first quarter net revenues to $68.8 million from $47.8 million in the same period last year. The company posted a 45.5% net income increase for the quarter to $1.6 million or 6 cents per diluted share versus $1.1 milli
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Corliss, Camacho Resign from The Athlete’s Foot
Bob Corliss and Don Camacho have resigned, effective July 1, 2007 from their positions at The Athlete's Foot and NexCen Brands, Inc. Chuck Zona, EVP of brand management and licensing for NexCen Brands, will serve in the interim role of acting preside
Urban Outfitters to Launch ‘Greenhouse’ Inspired Retail Concept
Urban Outfitters, Inc. plans to launch a fourth retail concept, this time focused on lifestyle home and garden products as well as antiques, live plants and flowers. The chain will draw inspiration from greenhouses…
SkyGolf Adds Golden as VP Business Development
Brian Golden has been named VP of business development at SkyGolf, LLC, marketer of the SkyCaddie GPS Rangefinder. In his new role, Golden will be responsible for working on sales and marketing initiatives, as well as building an International distributio
Payless to Acquire Stride Rite; Change Name to Collective Brands
Payless ShoeSource, Inc. has signed a definitive agreement to acquire The Stride Rite Corporation for approximately $800 million plus the assumption of Stride Rite debt. The all-cash offer of $20.50 per share represents a 32% premium over Stride Rite'
Mizuno Full Year Sales Increase 6.2%
Mizuno Corp. reported that consolidated net sales increased 6.2% for the fiscal year ending March 31, 2006 to ¥161.70 billion ($1.38 bn) from ¥152.29 billion ($1.35 bn) last year. Operating income for the year increased 11.0% to ¥6.90 billion ($59.1 mm) f
Easton Bell Swings Back to Profitability in Q1…
Easton Bell Sports finished off its last quarter of big gains before they anniversary the Easton acquisition, posting strong operating results and some definitive progress towards full integration. Net sales for the first fiscal quarter of 2007 increased
Asics Sees Annual Revenues Driven by U.S. and E.U.
Asics Corp. reported a 13.7% increase in global net revenues to ¥194.52 billion ($1.67 bn) for the fiscal year from ¥171.04 billion ($1.51 bn) last year. Operating income jumped 23.1% to ¥20.25 billion ($173.3 mm), but increased tax expenses caused net in
Everlast Sponsors U.S. Amateur Boxing
Everlast Worldwide Inc. has signed a two-year sponsorship and licensing agreement with U.S. Amateur Boxing, Inc., the National Governing Body for the sport of amateur boxing. Under the terms of the agreement, Everlast will be the exclusive boxing equipmen
Broder Bros. Q1 Sales Slide 4.3%
Broder Bros., Co. saw first quarter net sales decrease 4.3% to $200.6 million from $209.6 million for the first quarter last year. Loss from operations for the first quarter 2007 was $7.8 million compared to a loss of $0.4 million for the first quarter 20
Saucony to Launch Apparel Range
Saucony, Inc. will launch an apparel line for men and women in the U.S. Saucony Apparel will debut at Outdoor Retailer Summer Market 2007 with a retail launch planned for Spring 2008…
Genesco to Shutter 57 Urban Doors; Lowers Q1 Guidance
Genesco Inc. plans to close or convert up to 57 underperforming stores, primarily in the Underground Station Group, but also including up to 8 urban stores in the Hat World Group. In addition, Genesco lowered its earnings outlook for the quarter to a rang
Collective Signs License for Airwalk Apparel
Collective International, LP has granted a license to New York-based Fashion Options for Airwalk branded apparel and accessories in the United States. The initial product offering will hit shelves as early as Fall 2007. To support the Airwalk apparel coll
Fila Taps Fendell for VP of Sales Role
Fila USA named athletic footwear and apparel industry veteran Bruce Fendell as its new VP of sales. Fendell, 51, joins Fila USA after spending the past four years as SVP sales for the On-Field division of Reebok International. Prior to his time at Reebok,
Bag Boy Co. Names New Product Managers
The Bag Boy Company named Jennifer Allison as product manager for Bags/Travel Covers, and Mike Gann as product manager for the Cart Division…