Shoe Pavilion announced comparable store net sales for the third quarter ended October 1 increased 7.8% versus the same period last year. Net sales for the third quarter increased 20.1% to $24.8 million from $20.7 million for the year-ago period. SHOE pos
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Timberland Snags SmartWool in $82 Million Deal…
In the second significant outdoor industry acquisition in as many weeks, Timberland inked a definitive agreement to purchase all of SmartWool’s outstanding stock from two private equity investment groups for roughly $82 million in cash. SmartWool’s 2005
China Quota Battle May be Drawing to a Close…
The U.S. and China announced a comprehensive, three-year agreement on the import of textiles and apparel. The quotas established under the agreement are similar to quotas that would have been imposed if China textile safeguards were invoked but quotas on
Feehan Replaced as Confluence Chef Executive…
Confluence Holdings issued a statement last week regarding changes to the company's executive team. Effective Thursday, November 3, 2005, Robert Sharp, Chairman of the Board of Confluence Holdings Corp., has assumed operational responsibilities of Co
Black Diamond Equip. Acquires Portaledge Brand…
Black Diamond Equipment has acquired the big wall climbing assets of Anker Climbing Equipment, a manufacturer of portaledges and ‘big wall necessities.’ Anker Climbing Equipment, LLC was created when Conrad Anker acquired the A5 Ledge assets from The Nort
OIA: Equipment Sales Shift to e-Commerce…
The overall retail environment is changing quite dramatically, according to OIA’s most recent Top-Line Retail Audit, but these changes do not appear to effect specialty retailers in any negative way. The most profound changes are clearly driven by two pr
Intrawest Sees Upside in Non-Ski Activities…
Intrawest reported increased first quarter revenue from their mountain segment, which grew by 12%, led primarily by Whistler Blackcomb and the growth in its mountain bike park. Intrawest Retail Group also contributed significantly due to operating eight a
Clif Bar Honors Green Ski Resorts and Launches Wind Power Initiative
Clif Bar & Co. is launching a nationwide campaign this winter to help ski resorts, skiers, and snowboarders combat global warming, which threatens to reduce snowfall and jeopardize winter sports for years to come. According to Clif, scientists now predict
Amer Sports Creates New Asia Sourcing Group…
Steve Millea, who most recently had been serving as president of Wilson’s Racquet Sports and Golf businesses, will now move to Asia to head up the Amer Sports Sourcing Initiative, which will see all Wilson, Atomic, Precor, Suunto and Salomon sourcing func
Collegiate Pacific Posts 13% Organic Sales Increase for Q1
Collegiate Pacific Inc. reported its results for the first fiscal quarter of 2006 ended September 30, 2005 with sales increasing 124.7% to $65.3 million from $27.7 million during the same period last year. This huge gain comes largely on the heels of the
Mossimo Posts 38.8% Sales Jump During Q3
Mossimo, Inc. reported a 38.8% increase in third quarter 2005 total net revenues to $6.8 million from $4.9 million for the same period last year. Net earnings for the quarter were $637,000 compared to net a net loss of $125,000 for the same period last ye
Fischer Names New Director of Nordic Racing
Fischer Skis announced that Chris Hall will be the company's new director of Nordic Racing. Hall will take over the position recently vacated by Eli Brown's departure to the University of Utah…
Puma Signs Agreement with Saudi Football
PUMA and the Saudi Arabian Football Association announced a long-term agreement, which will commence January 1st 2006. Under the agreement, PUMA is named the Official Supplier of all on-field, sideline, training and representation apparel as well as equip
Bob’s Stores Q3 Sales Off Slightly to $80 Million
The TJX Companies, Inc. announced net sales for the third quarter were $4.0 billion, a 6% increase over last year's $3.8 billion. Consolidated comparable store sales were flat for the quarter versus last year. Net income was $171 million and diluted
Shoe Pavilion Makes Big Q3 Income Gains Off Small Base
Shoe Pavilion, Inc. announced comparable store net sales increased 7.8% for the third quarter ended October 1, 2005 from the same period last year. Net sales for the third quarter ended October 1, 2005 increased 20.1% to $24.8 million from $20.7 million f
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