Shoe Pavilion, Inc. saw fourth quarter net sales increase 38.6% to $40.8 million from $29.5 million last year. Comparable store net sales for the quarter increased 8.6%. Sales from new and relocated stores contributed $10.9 million in the quarter. Net inc
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Pelican Products Adds Sales Managers
Pelican Products, Inc. has hired protector case industry experts Sylvia Sepulveda and Jim Rooney as sales managers to complement its expanding sales team. The two have a combined 30 years protector case experience in diverse industries such as military,
Escalade Sports Acquires Trophy Ridge
Escalade Sports has acquired substantially all of the assets of Trophy Ridge LLC., a manufacturer and developer of archery accessories…
TAG Adds Royal’s Team Sports
TAG (Team Athletic Goods) welcomed Royal's Team Sports, dba Team Sports as its newest member. Team Sports is located in Chico, California, which is the north central part of the state…
GSI Commerce Sees 38% 2006 Sales Jump
GSI Commerce Inc. saw net revenues increase 38% for the fiscal year to $609.6 million from $440.4 million last year.
Merchandise sales increased 74% to $1.2 billion from $682.0 million. Net income increased to $53.7 million or $1.10 per diluted share from
Sean John Signs License with Mountain High Hosiery
Sean John has signed an agreement with Mountain High Hosiery giving Mountain High the license to produce and market men’s and boy’s socks within the US and Canada…
A Fortunate Truth: Global Cooling Aids January…
The retail fourth quarter through January came in like a lamb, but went out like a lion as colder winter temperatures the last few weeks helped drive sales up for the month just as retailers looked to clear their floors of winter goods. For the retailers
Nike Inc. Steps Boldly Toward Future with 23:11 Program…
Nike Inc. held their bi-annual Investor Day entitled “The Customer Decides” in Portland last Tuesday and made a number of very important and unusual announcements to the attendees. They presented, in an uncharacteristic amount of detail, the company'
Sport Chalet Continues Expansion; Will Enter Utah
Sport Chalet Inc. was able to report a solid fiscal third quarter with sales, comps, and income all increasing in spite of weak snowfall in most of the western states where the chain is located. The company opened nine new locations since the third quart
LaCrosse Q4 Improves Despite Decrease in Days…
LaCrosse Footwear, Inc. saw sales improve for both its fourth quarter and full year, with even stronger gains on the bottom line. All that despite a decrease in the calendar days covered by the current period compared to the year-ago. Fourth quarter conso
OIA Supports New NPS Budget Proposal…
While much of the newly elected democratic Congress was calling President Bush’s new budget proposal, “dead on arrival,” Outdoor Industry Association expressed strong support for the increased funding for National Parks. The Administration’s proposed budg
Gander Pulls Realistic Airsoft Guns off Shelves…
Gander Mountain Company is pulling realistic replica guns from its stores in Minnesota and will sell only airsoft guns that are obviously and unmistakably toys. Gander Mountain will phase out realistic replica guns, in favor of guns that are more obviousl
VF Corp. Organic Growth Continues in Q4; Misses Guidance on Write-Downs…
VF Corporation reported solid organic sales growth during the fourth quarter, but write-downs relating to the company’s Jeanswear business and the recently announced sale of their Intimates business caused net income and diluted EPS to miss guidance issue
Oakley 2006 Sales Jump, But Margins Hurt Net…
Oakley, Inc. finished the year with strong sales results, but felt margin pressures from the company’s initiatives in footwear and apparel, as well as markdowns related to electronics, cause a downward turn in net income. On a conference call with analys
Timberland Restructures for the Future…
In conjunction with reporting its financial performance for the fourth quarter and the year, Timberland announced the departure of the company’s COO, Ken Pucker, who had been with the company for 15 years. Beginning in the second quarter, Timberland will
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