Endeavor Acquisition Corp. said it had been advised by American Apparel that the company will post at least $30 million for the fiscal year ending December 31, 2006 in pro forma EBITDA, meeting requirement for the acquisition to move forward. American App
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Walking Co. Parent Sees Tighter Margins Impact Q4 Income
For the fourth quarter, The Walking Company saw comparable store sales increase 14.5%, while increasing 10.6% for the year. The increases, however were offset by decreases at the Big Dog retail chain which prompted Big Dog Holdings, Inc. to post a decreas
SGMA Spring Market Adds Brand Equity Series to Conference Schedule
SGMA Spring Market added the Protecting Your Brand Equity legal series, which consists of four in-depth discussions on the threats and opportunities to intellectual property and business value, to its conference line up…
Iconix Closes Rocawear Acquisition
Iconix Brand Group, Inc. has completed the acquisition of the brand Rocawear. The purchase price for the transaction was $204 million in cash with contingent payments of an additional $35 million of Iconix stock based upon the brand surpassing certain pre
Golf Galaxy to Open First Connecticut Store
Golf Galaxy will open its doors at its first Connecticut location on April 13 when it opens in Milford…
Puma Sponsors Namibian Football Association
Global sportslifestyle brand PUMA has signed a sponsorship deal with the Namibian Football Association (NFA). Namibia’s national team, the Brave Warriors, will be supplied with PUMA apparel and footwear for the next several years through the 2010 World Cu
Reebok Sues Nike Over Patent Infringement in ‘Free’ Line
Reebok International Ltd. has filed a lawsuit against Nike, Inc. in the U.S. District Court for the Eastern District of Texas, claiming Nike infringed on a patent arising from Reebok’s collapsible shoe technology. Infringing products include 11 different
Nike and adidas Take Jersey Battle to Brazil
Reports out of Brazil have adidas making overtures to the Brazilian Football Confederation (CBF) to become sponsor. The CBF's current contract with rival Nike is set to expire in 2018 with adidas' bid reportedly far outpacing the current level s
Gita Adds to Rep Team
Gita Sporting Goods Ltd. has selected Gary Forsberg & Associates as its new sales representative agency for northern California and northern Nevada…
Apparel Sales Story for 2006 Was About Performance…
While the women’s trend in sport footwear held the overall business in footwear in check last year, the reverse was true for the sports apparel business. Strength in the women’s sports apparel business, particularly in performance apparel, kept the overa
DSW Gets Q4 Lift from Women’s as Men’s Flattens…
DSW Inc. net sales were up 15.9% to $329.1 million for the fourteen-week fourth quarter from net sales of $283.8 million for the fourth quarter in the prior year. Same-store sales increased 1.0% for the quarter, on top of an 11.3% for the same period las
Stride Rite Sees More Keds Weakness Fiscal Q1…
The Stride Rite Corporation saw continued weakness in the Keds business cut into gains elsewhere for the company’s fiscal first quarter ended March 2. Net income growth still outpaced sales growth by a wide margin for the quarter, due in large part to a
Gander Mountain Sees Billion Dollar Year Ahead…
Gander Mountain fourth quarter sales increased 16.4% to $326.9 million compared to $280.8 million during the fourth quarter of last year. Comparable store sales inched up 0.4% and were not as strong as management planned due to the warmest December on rec
Yue Yuen Sees Balanced Growth Across Most Business Segments…
Yue Yuen Industrial Ltd, which manufactures footwear for many major athletic brands, again saw most of its growth come from expansion of its owned-retail business in the fiscal first quarter ended December 31. Overall net revenues rose 9.4% to $960.3 mill
SGMA: 2006 Sporting Goods Growth Outpaces Overall Retail…
According to the Manufacturers Sales by Category Report issued by SGMA, wholesale sales growth of sporting goods, sports apparel, athletic footwear, licensed merchandise, and recreational transportation products outpaced overall growth seen on the retail
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