After SAPARDIS S.A., a subsidiary of PPR S.A., made its offer last week to acquire the remaining shares of PUMA AG for EUR 330.00 per share, the industry was left waiting to hear PUMA's position on the offer. Early Thursday, the Board of Management a
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Quiksilver Opens First Company-Owned Store in Canada
Quiksilver opened its first company-owned, full-priced, retail store north of the border in Montreal, Canada. The new store located in downtown Montreal on St. Catherine Street boasts 3200 square feet of retail space and showcases the brand's defini
Hibbett Q1 Sales Up 5.5%, Net Income Falls 11.3%
Hibbett Sports, Inc. saw a 5.5% increase in net sales for the first quarter to $133.8 million from $126.9 million for the same period last year. Comparable store sales increased 0.7%. Net income for the first quarter was down 11.3% to $10.2 million from $
Pacific Sunwear Makes Interim CEO Permanent
Pacific Sunwear of California, Inc. dropped the 'interim' from Sally Frame Kasak's CEO title, adding chairman in the process. Kasaks had been serving as Interim Chief Executive Officer since October 2006, and has been a director of the comp
Zumiez Posts 45% Net Income Jump for Q1
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
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…
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