The Finish Line, Inc. reversed the negative comps sales trend seen in the fiscal second quarter, posting a solid 4% increase in comps for the fiscal third quarter ended November 26 on top of an 8% comp sales improvement in the year-ago period. While foot
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Ashworth Warns on Fiscal Fourth Quarter Earnings; May Look at Sale of Company…
Ashworth, Inc. appears to be heeding the wishes of one of its major shareholders, announcing last week that it had retained an investment bank to identify and evaluate strategic alternatives and options. In November, Discovery Equity Partners, which hold
Forzani Turns Restructuring into Q3 Profit…
Following two quarters of sluggish comps, bottom-line losses, and renovation charges, Forzani managed to make its new model perform during the third quarter with positive comps, increasing margins, and flat store operating expenses. These three positive f
Nationwide Golf Rounds Continues Small Gains; Still Can’t Pick Up YTD…
The National Golf Foundation reported that same-store rounds played in the U.S. were up 0.6% in October 2005 versus last year. Rounds have been in positive territory for four of the last six months, but not positive enough to bring the year-to-date figure
TSA Fined by NYC on Returns Policy…
The Sports Authority was one of three retailers fined by the New York City Department of Consumer Affairs on charges that the companies refused customer returns without disclosing conditions of their return policies. All three companies used return-track
Gildan Posts Strong Q4; Hints at Possible Sock Deal…
Gildan Activewear saw a strong fourth quarter help finish a strong 2005 that left the company with a decent chunk of cash on hand and several options to explore. Small one-time fees were about the only downside as management discussed growing market shar
2005 Embargoes End; OIA Continues Fight into 2006…
Following their broad memorandum of understanding with the Chinese Government last month, the Committee for the Implementation of Textile Agreements has dismissed all pending petitions to further limit trade with China and released products in five catego
Obituary — George Horowitz
The sporting goods industry lost a leader last week after Everlast Worldwide Chairman and CEO George Horowitz passed way last Monday after a long bout with kidney cancer. He was 55 years old. Born in Brooklyn, Horowitz had a short career as a teacher in
Obituary — Roswell Brayton, Sr.
Roswell Brayton, Sr., former chairman of the board of Woolrich and father of current company chairman and CEO Roswell Brayton, Jr., passed away at his home on November 29. He was 88 years old. The senior Brayton joined Woolrich in 1953 and become a dire
Outdoor Retail Soars in the Early Holiday Season…
Both online and brick & mortar outdoor retailers are reporting a very healthy early holiday season following strong sales over the Thanksgiving weekend and a good follow-up with the much-anticipated ‘Cyber Monday.’ While many feel ‘Cyber Monday’ did not l
As Footwear, Outerwear, and SnowSports Post Gains…
It was another solid retail month for the action sports side of outdoor retail, with Zumiez delivering another double-digit increase in comparable store sales for November. Total sales were up 38.6% to $18.0 million for the month ended November 26, compar
Timberland Increases Anti-Counterfeit Efforts…
Timberland is ramping up its efforts to prevent counterfeiting with a two pronged program that focuses on both the dealer and consumer. First, TBL is creating a new, uniquely coded sticker for each of its authorized Timberland dealers, which will be promi
American Recreation the Only Bright Spot for Kellwood…
Kellwood, parent company to American Recreation, continues to struggle with restructuring and creating a solid design infrastructure for many of its apparel brands. However, American Recreation, which includes Kelty, Sierra Designs, and Slumberjack, conti
L.L. Bean Launches Multi-Channel Marketing Strategy…
L.L. Bean is shifting its marketing strategy and has hired two new advertising firms to address the reality of multi-channel marketing in today’s retail environment. The company has hired JWT, a New York advertising firm, to handle its traditional media a
OGIO Fights Against Bag Organizer Infringement
OGIO announced that it has issued more than a dozen cease-and-desist letters to golf retailers and bag manufacturers throughout the U.S., which the company feels are infringing on the its patented Woode organization technology…
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