Author: Thomas J. Ryan

Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699

Fleet Feet Comps Rise 12% in FY08

January 14, 2009 SGB Executive SGB Update

Fleet Feet said sales reached more than $86 million in 2008 on a 12% comp store gain. At Fleet Feet's annual Winter Franchise Conference held in Dallas this week, President Jeff Phillips commented, “In 2009 we will focus efforts on the fundamentals t

JD Sports to Exceed Expectations

January 13, 2009 SGB Update

JD Sports Fashion Plc, the U.K.’s third-largest sporting-goods retailer, reported sales rose 2.8% in the five weeks ended Jan. 3. Pretax profit will be “marginally” above estimates, helped by a strategy of delaying marking down merchandise until Dec. 26.

Delta Apparel Reaffirms Guidance

January 12, 2009 SGB Update

Delta Apparel, Inc., the parent of MJ Soffe, said it expects second quarter revenues to be approximately $73 million, which would be an increase of approximately $4 million, or 6.0%, from the prior year’s second quarter. Earnings for the quarter ended Dec

CHAOS Headwear New Mid-Atlantic Reps

January 12, 2009 SGB Update

Chaos headwear has hired seasoned outdoor gear and snow sports representatives Sherry Krum and Chris Parsons for the East Coast-Mid Atlantic territory. Chaos and Chaos Thermal Regulation- CTR posted a record 40 percent growth for 2008; Krum and Parsons wi

Vermont Organic Fiber Names Ed Kiniry CEO

January 12, 2009 SGB Update

Vermont Organic Fiber Co., based in Middlebury, VT, has hired veteran outdoor industry entrepreneur Edward ('Ed') Kiniry as CEO. Formerly, he was president of Winterquest, LLC, the parent company of Tubbs and Atlas snowshoes, selling the company

Quiksilver Americas President Resigns

January 12, 2009 SGB Update

Quiksilver, Inc.'s Marty Samuels has left the company. Samuels, who most recently served the company as president of its Americas region, had been with Quiksilver for twelve years. Craig Stevenson has been named interim President of Quiksilver Americ

Study: Obese Now Outweigh the Overweight

January 12, 2009 SGB Update

A new study by the National Center for Health Statistics finds that the number of obese American adults outweighs the number of those who are considered merely overweight for the first time. The study shows that more than 34% of Americans are obese, compa

Avia Partners with Troy Lee Designs

January 12, 2009 SGB Update

Avia announced a new partnership deal with Troy Lee Designs (TLD), the southern California-based company that produces custom graphic designs for the “world’s fastest racers.” TLD will co-create a collection of AVIA racing shoes with a limited release per

Big 5 Narrows Guidance Above Estimates

January 8, 2009 SGB Update

Big 5 Sporting Goods Corp. said it expects fourth quarter earnings to come in between 13 to 16 cents a share, reaching the upper end of its previous forecast calling for earnings between 7 to 17 cents a share. Wall Street's consensus estimate had bee

Wal-Mart’s December Comps Rise 1.7%

January 8, 2009 SGB Executive SGB Update

Wal-Mart Stores Inc. said that December same-store sales rose 1.7% excluding fuel. Comps rose 1.9% at Wal-Mart U.S. and inched ahead 0.1% at Sam's Club. Total company sales slid 0.1% to $46.5 million from $46.6 million due to a currency-driven drop i

Bon-Ton’s Comps Drop 5.8% in December

January 8, 2009 SGB Executive SGB Update

Bon-Ton Stores, Inc.'s comparable store sales for the five weeks ended January 3, 2009 decreased 5.8% compared with the prior year period. Total sales for the five weeks decreased 5.6% to $527.2 million compared with $558.2 million for the prior year

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