Last week, SEW reported that Goody's Family Clothing, Inc. had received an offer from an affiliate of Sun Capital Partners IV, LP to acquire the retailer for a cash price of $8.00 per share. This week, Goody's received a competing offer
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Rebel Sports Ltd. Sees Gains Down Under…
Rebel Sports Limited group sales revenue for the first quarter ended October 1 increased 7.3% to AU$77.8 million ($59.1 mm) when compared to the same quarter last year, including sales revenue from the Glue lifestyle stores. Sales on a same-store basis
Crocs Growth Accelerates in Second Quarter, But Will IPO Fly?…
Crocs updated their S-1 filing for an IPO to reflect the company’s sales and earnings for the first-half of fiscal 2005. Previously, the company had only shared the first quarter of the year, but it appears the Crocs products are selling-in at a very rapi
Seemed Like a Good Idea at the Time: K2 Warns on Continued Paintball Pain…
K2 Inc. cut their earnings guidance last week due to considerable weakness in the paintball market. The company has been seeing weakness in this segment for most of the year, but was anticipating a turn-around in the back half. The company now expects di
Cabela’s Anticipates Flat Q3 Income on Negative Comps…
Cabela’s sales and earnings were impacted by the Hurricanes hitting the Gulf Coast, the resulting higher energy prices, and the effect this is having on consumer spending. Third quarter fiscal 2005 revenues are expected to increase 12% with diluted EPS “a
China Quotas Continue to Haunt Industry…
The quota issues that B.O.S.S. reported on two months ago (See BOSS_0535) continue to plague the industry as manufacturing groups and trade unions con
OIA Rendezvous Deemed ‘Best Yet’…
OIA wanted to take their annual Rendezvous industry event to the next level and their hard work certainly paid off this year. Cathy Howland, OIA’s event coordinator went to several different industry conferences throughout the year researching speakers an
Pony Signs Lakers’ Center Mihm
Pony International announced that Los Angeles Lakers’ Center Chris Mihm has signed to endorse the Pony brand for the re-launch of its performance basketball line later this fall. Mihm will wear Pony on the court and joins Boston Celtics’ standout Ricky Da
NRF: Sept. Retail Sales Rise 7% Over Last Year
The retail sector was stronger than the National Retail Federation had originally expected posting sales for September, excluding automobiles, gas stations, and restaurants, that rose 7.0% unadjusted over last year and increased 0.8% seasonally adjusted f
Carrera Becomes Fourth Sponsor for Team FSx
Carrera has signed a two year contract to sponsor Team FSx. Eli Brown, Fischer Nordic Racing manager has brought Carrera on to help American Cross Country Ski racers compete at the top level in national and international competition. Carrera will be the o
LaCrosse Signs Lease on HQ and DC in Portland
LaCrosse Footwear, Inc. announced that it has signed a long-term operating lease for a new 145,000 square foot building in Portland, which will house its corporate headquarters and the distribution center for its Danner products. Construction is scheduled
Cabela’s Receives $5.5 Million from Pennsylvania
Governor Edward G. Rendell announced the investment of $5.5 million to support the expansion of Cabela's retail store in Berks County, a project that will result in 850 new jobs. Governor Rendell also presented the first funding ever awarded through
Puma Opens Newest Door in NYC
PUMA launched a new design for its retail store with the unveiling of its newest door in Manhattan's Union Square. The Union Square store is located at 33 Union Square West and measures 5,300 square feet. The idea behind the new store design features
PowerBar Partners with Ironman Owners
PowerBar and the World Triathlon Corporation, owners of the Ironman brand, announced an exclusive three-year global sponsorship agreement. The deal designates PowerBar as the Official Global Energy Bar and Energy Gel Sponsor from 2006 through 2008 for all
Huffy Corp. Emerges From Chapter 11
Huffy Corporation announced that it has emerged from the Chapter 11 reorganization process. The company officially concluded the reorganization process after completing all required actions and satisfying all remaining conditions in its Plan of Reorganiza