Pacific Sunwear of California, Inc. plans to close 74 “underperforming demo stores.” The company also reported sales for January were $96.9 million, up from $75.2 million during January of fiscal 2005, which was a four-week period. Total company same-stor
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Former Footstar CFO Clears SEC Probe
The staff of the U.S. Securities and Exchange Commission has terminated the portion of its investigation relating to Carlos Alberini, President and Chief Operating Officer of Guess?, Inc., in connection with Mr. Alberini’s service at his previous employer
NBA Plans All-Star Retail Push…
The NBA has partnered with XP Events to approach retail at the All-Star game in a new light; and, hopefully, to increase both visibility and sales. The scope of product and merchandising activities for the week will include over 30 NBA Store satellite loc
Crocs Eyes Surf and Skate Market…
Crocs, Inc. is quickly becoming a holding company for sporting goods and footwear brands as it has entered into the surf and skate markets with its most recent acquisition of Ocean Minded, LLC. The acquisition price was $1.75 million in cash, plus a poten
Casual Male Sues Cutter and Buck over Catalog Biz…
Casual Male Retail Group is fighting it out in court with Cutter & Buck over e-commerce and catalog operations. Specifically, Casual Male filed a lawsuit on January 29, 2007 against Cutter & Buck Inc. in the United States District Court for the District o
OR Winter Market: Bigger and Greener than Ever…
Two years ago, Patagonia’s CEO Michael Crooke issued a challenge to the outdoor industry to become the leaders in environmental sustainability. Apparently the industry took this message to heart, because this year’s OR Winter Market was a showcase of inno
Chaco Acquires Ulu to Address Winter Footwear…
Chaco had the biggest news on the floor at winter market, which is surprising given the fact that before the show the company made only summer product. This fact is about to change, since Chaco acquired all of the trademarks and assets of the Ulu brand fr
OIA Wins Utah Roadless Protection…
With a petition signed by more than 400 ORWM attendees, Kim Coupounas, chairperson of OIA and CEO of GoLite; Frank Hugelmeyer, president of Outdoor Industry Association; Peter Metcalf, CEO of Black Diamond; Mike Wallenfels, president of Mountain Hardwear;
Dunlop Adds Sales and Marketing Analyst for Raquet Sports
Dunlop Sports Group Americas continues to grow its racquet division with the appointment of Kristin Mears as Sales and Marketing Analyst for Racquet Sports. Mears will coordinate the management and development of key racquet reports and analysis for Dunl
Nike Golf Adds College Amateur Golf Manager
Nike Golf appointed golf industry veteran Marlin “Cricket” Musch to the position of College Amateur Golf Manager. In that capacity, Musch will oversee all of Nike Golf’s collegiate, junior and amateur golf categories with an emphasis on bolstering Nike G
Asics Updates Logo, Revisits Sound Mind, Sound Body Roots
ASICS Corporation (Japan) and ASICS America Corporation, the North American Subsidiary, announced the debut
of a freshly updated brand logo, reflecting the momentum of the brand with a faster, more modern feel and a slogan that revisits ASICS' roots.
Iconix Closes Shop at Ocean Pacific’s California Office
When Iconix Brand Group, Inc. purchased Ocean Pacific from Warnaco in October for $54 million, the company said that it “can expand OP's international business further and significantly grow the brand's penetration in the U.S.” Those plans, howe
Asics Posts 16% Nine Month Sales Gain
For the nine months ending December 31, Asics Corp. saw net sales increase 16.0% to ¥142.2 billion ($1.23 billion) from ¥122.6 billion ($1.10 billion) last year. Gross margin for the company increased 60 basis points to 44.0% of net sales from 43.4% durin
Gryphon Closes on G.I. Joe’s Acquisition
Gryphon Investors has closed on its acquisition of G.I. Joe’s, Inc. Terms of the transaction were not disclosed. Wells Fargo Retail Finance provided the financing for the transaction and Houlihan Lokey was the financial advisor for GI Joe’s…
Outdoor Retailer Winter Market ‘07: Bigger and Greener than Ever…
Two years ago, Patagonia’s CEO Michael Crooke issued a challenge to the outdoor industry to become the leaders in environmental sustainability. Apparently the industry took this message to heart, because this year’s OR Winter Market was a showcase of inno
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