ASICS America Corporation and ASICS Corporation Japan has filed two separate lawsuits in the U.S. District Court for the Central District of California, the first against Target Corporation and Mossimo, Inc. and the other against Target Corporation, Blue
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Timberland Names VP Global Product Development
The Timberland Company named Brian Moore as VP, global product development for men’s authentic youth. In this role, Brian will be responsible for product design and development for Timberland’s Youth consumer…
Payless Q3 Net Improves 32% on 5.5% Comps Gain
Payless ShoeSource, Inc. posted diluted earnings per share of 43 cents for the third quarter, up from 32 cents in the year-ago period. The company recorded net earnings of $28.9 million during the quarter, a 32.0% increase from $21.9 million reported one
Dick’s Sporting Goods Beats Q3 Expectations and Raises Guidance on Solid Gains…
Dick's Sporting Goods last week announced that they had beat earnings expectations for the third quarter by a factor of four, posted a comp sales gain of nearly nine percent, raised guidance for the year, and acquired the largest golf specialty retai
Timberland Sale Rumors Swirl in the Press…
Wall Street and the business media were all abuzz last week after the Wall Street Journal published a story suggesting that The Timberland Company was exploring strategic options for the company, including a potential sale. Timberland is reportedly valued
But Foot Locker Puts an End to Rumors of Its Own Sale…
Foot Locker, Inc. on Friday put an end to rumors about a sale of the company and even hinted that they had been in the hunt for a few acquisitions themselves. Speculation of the sale of the world’s-largest-athletic-specialty-retailer to a private equity
The Buckle Q3 net Up Despite Slip in Comps…
The Buckle, Inc. posted a mid-singles increase in net sales in the third quarter, though comps failed to pass break even after finding the same result last year. Margin gains were cancelled out by mirrored expansion in expenses, but income still managed
Foot Locker to Roll Out New Family Footwear Value Format; Raises Guidance…
Foot Locker, Inc. exceeded the upper end of its earnings guidance for the third quarter even though comp store sales came in at the low end of their expectations for the period. But the big news was the revelation last week that the world’s-largest-athle
Sport-Haley Narrows Fiscal Q1 Loss…
Sport-Haley, Inc. saw the addition of the Top Flite business help add to its top line in the company’s fiscal first quarter, while its established Ben Hogan and Sport Haley brands both saw slight downturns. Nevertheless, the company was able to trim its
True Temper Widens Q3 Loss…
True Temper Sports, Inc. had a difficult third quarter as sales decreased in its golf shaft business, which accounted for approximately 90% of sales. Sales in the quarter decreased 15.8% to $21.5 million from $25.5 million in the year-ago quarter. Golf s
Gander Mountain Swings to Profitability in Q3…
Gander Mountain managed to turn its declining comp sales and consistently red bottom line around in the third quarter with a very solid upper-single-digit comp store sales increase and a bottom line that was actually in the black. Management said that mu
Easton Bell Rolls on with Strong Q3 Results…
Easton Bell Sports third quarter sales increased 81.1% to $186.5 million compared to $102.9 million in the year-ago quarter. The large increase was primarily due to $62.8 million in net sales from Easton Sports. Exclude this acquisition from the equation
Royal Robbins Drives Phoenix Footwear Third Quarter Results…
Phoenix Footwear Group, Inc. saw net sales for the third quarter increase 6.4% to $36.5 million from $34.3 million last year. Organic growth for the quarter was 8.8%. Top line sales growth was led by strong results at Royal Robbins and Chambers Belt, part
Mammut to Acquire German Headlamp Brand…
The Mammut Sports Group AG has inked a deal to acquire the Lucido brand from Invia Sportartikel Vertriebs GmbH of Eurasburg, Germany. Lucido develops and sells LED head and hand lighting systems, and is expected to fit in with the current Mammut Sports Gr
New Balance Foundation Sponsors First Maine Hut
The New Balance Foundation awarded a $500,000 gift to the Western Mountains Foundation for its Maine Huts and Trails program. This gift will make the New Balance Foundation the sponsor of the first hut, planned for construction in 2007 in Carrabassett Va
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal