Dick's Sporting Goods has decided not to sell Michael Vick's No. 7 Philadelphia Eagles jersey at least until it gauges the public's reaction to his return to football. But sales of Vick's new jersey are available at Modell's and N
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Fleet Feet’s Comps Jump 8.4% in First Half
Fleet Feet, Inc. reported that it continues to experience double-digit growth despite the poor economy. Sales in the first half grew 12% to $47.3 million. June has been the strongest month year-to-date with an increase of 14.1% over 2008. Comparative stor
Target’s Q2 Profits Slide 6.3%, Beats Expectations
Target Corp. reported earnings slid 6.3% in the second quarter ended Aug. 1, to $594 million from $634 million. EPS decreased 3.9% to 79 cents from 82 cents, and was well ahead of Wall Street's consensus estimate of 66 cents a share…
Dillard’s Suffers Loss for Q2
Dillard’s, Inc. reported a net loss for the thirteen weeks ended August 1, 2009 of $26.7 million, or 36 cents a share, compared to the net loss of $38.3 million, or 51 cents, a year ago..
Stein Mart Adds Mettler to Board of Directors
Stein Mart, Inc. appointed Robert L. Mettler to the company's board of directors. Now retired, Mettler is the former chairman/chief executive officer of Macy's West, a division of Macy's Inc. that he joined as president in 2000…
Easton-Bell’s Q2 Earnings Plunge as Sales Slide 15.2%
Easton-Bell Sports, Inc. reported sales declined 15.2% in the second quarter ended July 4, to $187.3 million from $220.8 million a year ago. Sales were down 12.6% on a constant currency basis. Net income tumbled to $3.9 million from $15.5 million a year a
Skins Footwear Files For Chapter 7 Bankruptcy
Skins Footwear Inc filed for Chapter 7 bankruptcy, citing assets of less than $50,000 and liabilities of between $10 million and $50 million, according to Reuters. The news service said court documents were filed on Friday in federal bankruptcy court in D
Asics Corp. Fiscal Q1 Net Plummets Nearly 85%; Forecast Remains
Asics Corporation posted a 16.0% decrease in revenues for the fiscal first quarter ended June 30. Total consolidated worldwide revenues were Â¥54.9 billion ($563 mm), compared to Â¥65.3 billion ($625 mm) in the year-ago quarter…
Mizuno Corp. Fiscal Q1 Profits Halved on Global Revenue Declines
Mizuno Corporation got little help outside of its native Japan in the fiscal first quarter ended June 30 as all non-domestic regions posted strong double-digit declines for the period. Total worldwide revenues declined 9.3% to ¥40.9 billion ($420 mm), co
Yonex Fiscal Q1 Net Income Plummets on Revenue Dip
Yonex Company Ltd. fiscal first quarter revenues dipped 3.0% to ¥8.93 billion ($92 mm) for the three-month period ended June 30 from ¥9.21 billion ($88 mm) in the year-ago quarter. Net income for the maker of golf, tennis, and badminton equipment plummete
Descente Posts Net Loss in Fiscal Q1 as Revenues Slide 10%
Descente Ltd. posted a 9.9% decrease in revenues for the fiscal first quarter. Total consolidated worldwide revenues were ¥15.26 billion ($157 mm) for the fiscal quarter ended June 30, compared to ¥16.94 billion ($162 mm) in the year-ago quarter…
Daiwa Seiko Fiscal Q1 Revenues and Profits Sink Double-Digits
Daiwa Seiko Inc. saw fiscal first quarter revenues decline 12.6% to ¥16.56 billion ($170 mm) for the period ended June 30, compared to ¥18.94 billion ($181 mm) in the year-ago quarter. Operating income fell 32.3% to ¥1.38 billion ($14 mm) for the quarter
Mountain Hardwear Opens Store in Tokyo
Mountain Hardwear Inc. will open a store in the exclusive Harajuku neighborhood in Tokyo, Japan, showcasing Mountain Hard Wear apparel and equipment and Montrail footwear. The new store is Mountain Hardwear’s third company-owned branded store worldwide…
New Era Cap Acquires 5th and Ocean
New Era Cap Co., Inc. has acquired 5th & Ocean, the privately held licensed sports apparel manufacturer in Miami best known for its women's styles. The acquisition is expected to help New Era further expand into sports and fashion apparel. Terms were
Nike Names Allaker Umbro President
Nike Inc. announced that Jim Allaker, currently vice president and general manager of Nike UK and Ireland, will become the new CEO and president of Umbro Ltd. He replaces Matthew Cook, who left the company to pursue other opportunities…
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