The TJX Companies Inc. reported that comp store sales for Bob’s Stores increased 6.0% for the second quarter ended July 29, netting a 7.6% increase in total sales to $64.3 million from $59.8 million in the year-ago period. The division operated 36 stores
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Moretz Inc. Strikes Gold Toe in Merger…
Moretz, Inc. and Gold Toe Investment Corp. will combine, creating one of the largest global sock companies.
In a series of moves reminiscent of the trade deadline deals we didn’t see in the MLB this season, The Blackstone Group, a global private investme
Shoe Carnival Shrugs Off Athletic Weakness in Q2…
Shoe Carnival, Inc. continued to see more of its athletic footwear business in the second quarter move to low-profile product sales that are reflected in its non-athletic casual footwear classification, but improving merchandise margins and flat operating
True Temper Posts Q2 Loss…
True Temper Sports, Inc. saw net sales for the second quarter decrease 5.8% to $30.7 million from $32.6 million last year. Sales of Golf Shafts decreased 7.5% to $28.5 million from $30.8 million last year. Gross margin decreased 530 basis points to 35.4%
Collegiate Pacific Moves to Tap into Sport Supply Back-End…
Collegiate Pacific Inc. continues to make its push for taking complete control of Sport Supply Group, Inc., this time entering into a service agreement that will see BOO utilize several of SSG’s back-end functions to its own benefit. Currently, Collegiat
Zumiez Sees Q2 Sales Jump 41%; EPS Doubles…
Zumiez Inc. experienced an increase in average unit retail and the overall number of sales transactions in the second quarter, both of which helped to fuel a 41.5% growth in sales to $55.8 million from $39.4 million in Q2 last year. Gross margins improve
Easton-Bell Q2 Net Surges on Merger Benefits…
Easton-Bell Sports, Inc. saw net sales for the second quarter increase 91.1% to $198.3 million from $103.8 million last year. This increase is primarily attributable to $86.5 million in net sales from the acquired Easton Sports business. For the second fi
Royal Robbins and Altama See Strong Growth in Q2…
Phoenix Footwear Group, parent company to Royal Robbins and Altama footwear, saw second quarter net sales more than double with an increase of 127.1% to $34.9 million compared to $15.4 million for the second quarter of 2005. While much of this increase wa
Amer Sports to Consolidate U.S. Outdoor and Winter Sports…
Amer Sports is taking the next step in its integration efforts after acquiring Salomon and its subsidiary businesses from adidas late last year. In an effort to strengthen Amer Sports' presence and to develop its business in the largest winter & outd
Delta Apparel Finishes Year with Acquisition…
Delta Apparel, Inc. finished out its fiscal year with a bang, announcing double-digit sales gains, a nearly doubled bottom line, the opening of a new factory in Honduras, and the acquisition of N.C.-based t-shirt manufacturer, Fun-Tees, Inc. The acquisiti
Golfsmith Q2 Slips into Red on Debt Reduction…
Golfsmith International Holdings, Inc. net sales for the second quarter increased 11.4% to $114.1 million compared with $102.5 million for the corresponding period a year ago. Comparable store sales for the quarter increased 3.0%. Sales in the company’s S
Foot Locker Inc. Sees Softer U.S. Business; Europe Footwear May be Starting to Stabilize…
Foot Locker, Inc. pointed to a continued difficult retail athletic environment and a softening sales trend in the U.S. market as the primary reasons for a decrease in comp store sales and total sales that were flat for the period. The company also saw ma
RECALLS
Brunswick Chairs and Stools; L.L. Bean: Safety Harness; BDE: Climbing Harnesses…
Acopa USA President Killed in Auto Accident…
According to local papers, Acopa USA’s president, Steve Karafa was killed in a car accident while on his way home from OR Summer Market on U.S. 93 when the vehicle he was riding in overturned. Climbing legend and Acopa spokesperson John Bachar was at the
OR Exhibitors Look to Fashion at Summer Market…
While the outdoor apparel industry has historically been very seasonal in nature, many companies are looking to lifestyle fashion designs to add more interest to their spring lines. This trend has been gaining momentum for the past several years, and is r
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