While DSW Inc. has shown incredible growth in the athletic category and overall sales over the last few years, it is about to get another big boost to its business that will most likely help to increase traffic flow, while putting some pressure on its cur
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
DSW Sees Fashion Athletic Lead Q2 Comp Gain; Pro Forma Net Up 30%…
While DSW Inc. has shown incredible growth in the athletic category and overall sales over the last few years, it is about to get another big boost to its business that will most likely help to increase traffic flow, while putting some pressure on its cur
Mervyns Will Shutter 25% of Doors in Move to Profitability…
The mid-market retailer based in the San Francisco Bay area will see about 4,800 employees affected by its plans to focus its energies on markets where it is most profitable. The 62 under-performing stores targeted for closure represent about 25% of the
ICON Year and Quarter Suffer on U.S. Decline; Posts Loss for Fiscal Year…
ICON Health & Fitness said the decline in fiscal fourth quarter and full year sales was due primarily to “a consolidation of customers in the department store channel of distribution, the timing of buying patterns in that channel and a decline in the dire
NRF Sees Potential Impact on Rail Shipments from Katrina…
The devastation at the Port of New Orleans from Hurricane Katrina isn’t expected to have a major impact on the maritime shipment of retail goods, but the natural disaster could cause slowdowns in railroad operations that will cause longer shipping times f
Hibbett Sees 10% of Stores Affected by Katrina; Only Three Lost…
Hibbett Sporting Goods, Inc. lost a total of three stores due to Hurricane Katrina and will be assessing insurance claims related to those stores. One of these stores is expected to re-open within the next six to eight weeks. An additional seven stores ar
K2 will “Wait and See” on Acquisitions…
At the recent Roth Capital Partners New York Conference in Times Square, K2 Inc.’s CEO Dick Heckman gave investors and the media some insight into the company, it’s acquisition strategy and the on-going integration efforts. With nearly every category in s
Columbia Shows Off at MAGIC…
Columbia Sportswear gave investors and the media a peek into their future plans regarding marketing, international expansion and acquisitions at the recent MAGIC trade show in Las Vegas. COLM president and CEO Tim Boyle reiterated the feeling that privat
Quiksilver to Establish Wintersports HQ in Park City; Rossignol to Move from Vermont…
Quiksilver reported a very solid fiscal third quarter with sales climbing in the low double-digits and income outpacing sales by more than a two to one margin, but the company probably received more attention for their announcement that they would move th
Military Tent Contract Up for Grabs…
Johnson Outdoors, Base-X Expedition Shelters, DHS Systems LLC, and Alaska Structures Inc. have been tapped for a single military contract covering a variety of shelters, trailers and other military supply components. Total combined orders under the new co
Canada Recommends 30% Import Duty on Bicycles…
The Canadian International Trade Tribunal has completed a global safeguard inquiry into the importation of bicycles and finished, painted bicycle frames. The Tribunal’s decision supported an earlier claim made by the Canadian Bicycle Manufacturers Associa
Shimano First Half Sales Flat…
Shimano’s second quarter did not meet expectations, with sales only climbing 1.4% to ¥42.5 billion ($395.9 mm) compared to ¥41.9 billion ($383.1 mm) last year.
Sales of bicycle components accounted for 70.7% of sales, or $279.9 million, a 1.6% increase o
Bush Signs SAFETEA-LU Bill; Provides Funding For Recreation…
The Safe, Accountable, Flexible, Efficient Transportation Equity Act-Legacy for Users (SAFETEA-LU) was signed into law by President Bush last month, providing $612 million for Safe Routes to School, $370 million for Recreational Trails, and $893 million f
DSW Sees Q2 Sales Jump 17.8%, Net Up 4.5%
DSW Inc. announced a 4.5% increase in net income of $9.3 million for the second quarter, compared with $8.9 million last year. Net sales for the quarter were $276.2 million, a 17.8% rise from $234.4 million during last year's second quarter. The seco
Athletic Footwear: The Rumors of My Death are Greatly Exaggerated…
Wall Street analysts seemed to be working overtime the last few weeks, apparently trying to justify some recent comments made by a few that athletic footwear is on the decline. While a few retailers did report a slowdown in their Q2 sales of sneakers, mo
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