Vaude has acquired Edelmann + Ridder GmbH & Co. KG, parent company to the Edelrid brand of climbing ropes and accessories. The two companies should be able to realize synergies relatively quickly due to their close proximity and Vaude’s existing experienc
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
CenterStone Sees Online Orders Jump at Specialty Retailers …
Wholesale online transactions advanced aggressively from “trend” status in 2004 to a profitable industry standard during 2005 as CenterStone Technologies, Inc. announced a third consecutive year of record usage by retail dealers of the company's busi
SIA.07 Expects to Sell Out by March…
SIA has reported that space requests for current exhibitors and new companies interested in exhibiting at SIA.07 are coming in at the fastest pace ever. SIA anticipates that with nearly all past exhibitors expected to return and the strong demand from new
Camelbak Investigating Diverted Product on Sale at Costco Web Site…
Employees of CamelBak spotted a relatively small number of the company’s M.U.L.E. hydration packs for sale on Costco’s web site. Camelbak is in the process of investigating how this unauthorized sale came about, since Costco is not a Camelbak dealer. The
Vail Resorts Restructures…
Following Adam Aron’s decision to retire from his position as Vail Resorts’ CEO, the company is restructuring its senior management team. Robert Katz, will replace outgoing chairman and CEO Adam Aron. SVP/COO’s William A. Jensen and Roger McCarthy were na
Intrawest to Initiate Strategic Review…
Intrawest Corporation, parent company to several ski resorts in North America, has initiated a review of strategic options available to the company for enhancing shareholder value. These options include a capital structure review, strategic partnerships o
Callaway Names Knees as VP Marketing
Callaway Golf Company appointed Bill Knees as its new Senior Vice President, Marketing. Mr. Knees, who most recently served as Vice President of Brand Development for Unilever in Greenwich, CT, will oversee marketing and brand development for all Callaway
Costco February Comps Increase 8%
Costco Wholesale Corporation reported net sales of $4.21 billion for the month of February, an increase of 11% from $3.78 billion in the same four-week period of the prior fiscal year. Comparable store sales for the month increased 8%. The company saw ne
Stage Stores Comps Down Slight for February
Stage Stores, Inc. reported that total sales for February increased 0.9% to $93.1 million from $92.3 million in the prior year four-week period ended February 26, 2005. Comparable store sales decreased 0.9% versus an increase of 3.7% last year…
Dorel Q4 Sales Down 8.3% on Sting-Ray Weakness
Dorel Industries Inc. saw net income for the fourth quarter fall 35.2% to $22.5 million or 69 cents per diluted share, compared to $34.7 million or $1.05 per diluted share a year ago. Fourth quarter revenue was $430.3 million, down from $469.1 million a y
Buckle Feb. and Q4 Comps Slip
The Buckle, Inc. saw February net sales increase 4.6% to $34.1 million from sales of $32.6 million for the same period last year. Comparable store net sales month decreased 0.4%. Net sales for the fourth quarter ended January 28, 2006, increased 5.3% to $
Famous Footwear Helps Brown Shoe Post Strong Q4
Brown Shoe Company, Inc. reported that fourth quarter net sales rose 25.8% to $599.6 million, from $476.5 million in the year-ago quarter. Net earnings rose 56.4% to $13.4 million, or 70 cents per diluted share, compared with net earnings of $8.5 million,
Genesco Uses Strength in All Segments to Post 15% Q4 Sales Gain
Genesco Inc. reported earnings before discontinued operations of $31.2 million, or $1.15 per diluted share, for the fourth quarter, up 22.8% from $25.4 million, or 97 cents per diluted share, for last year's fourth quarter. Net sales for the quarter
Penney’s February Comps Increase 2.3%
J. C. Penney Company, Inc. reported that comparable department store sales increased 2.3% for the month of February, while total department store sales increased 3.6%. Comparable store sales exceeded previous guidance for sales to be flat to up slightly,
Wal-Mart Comps Increase 2.9% for February
Wal-Mart Stores, Inc. posted a 3.2% total company comparable store sales increase for February. Wal-Mart stores in the U.S. saw comps increse 2.9%, while Sam's Club same-store sales were up 4.9%. Total company sales reached $25.03 billion in the mon
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