SGMA and dmg world media announced the postponement of the next SGMA Team Sports Show and the SGMA Sports Licensing Show, tentatively scheduled for June 2009…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Burton Relocates Brands to Vermont
Burton has begun transitioning The Program, which includes snowboard brands Forum, Special Blend and Foursquare, from its Irvine, CA offices to Burton’s Vermont headquarters. The company said the transition will be complete by early February and will allo
Johnson Outdoors Posts Q4 Loss After Charges; Revenues Slide 6.3%
Johnson Outdoors Inc. said it swung to a fourth-quarter ending Oct. 3 loss of $74.6 million, or $8.18 a share, after recording asset impairment charges and a deferred tax asset valuation allowance. It earned $900,000, or 10 cents a share, in the prior-yea
West 49 Q3 Comps Increase 2.1%; Net Down
West 49 Inc. reported net sales growth of 4.4% to $61.7 million (U.S. $45.7 million) in the third quarter ended Oct. 25. Comparable store sales increased 2.1% on a consolidated basis, including growth of 0.7% for the West 49 banner. Net income for Canada&
Bakers Footwear Reports 3.6% November Comp Gain
Bakers Footwear Group, Inc.'s comparable store sales in November increased 3.6%, compared to a decrease of 3.7% for the four-week period ended December 1. Net sales for the four-week November 2008 period increased 1.7% to $16.2 million, compared to $
First Shoebox Opened in Asia
NexCen Brands, Inc. opened its first international Shoebox New York store in Hanoi, Vietnam. The store held its grand opening on November 28th with a traditional ribbon cutting ceremony. In the first three days following the opening, Shoebox New York sold
Neiman Marcus’ November Comps Fall 11.9%
Neiman Marcus, Inc. reported total revenues dropped 10.2% in November to $324 million from $360 million a year ago. Comps dropped 11.9%…
Kohl’s November Comps Tumble 17.5%
Kohl’s Corporation reported sales for the four-week month ended November 29, decreased 13.7% to $1,74 billion from $2.02 billion a year ago. On a comparable store basis, sales decreased 17.5%…
Ross Stores’ Comps Dip 2%
Ross Stores, Inc. reported sales of $568 million for the four weeks ended Nov. 29, a 4% increase over the $547 million in sales for the four weeks ended Dec. 1, 2007. Same store sales for the four weeks ended Nov. 29, 2008 declined 2% from the four weeks
Target’s November Comps Slide 10.4%
Target Corporation's sales for the four weeks ended November 29, 2008 decreased 6.1% to $5.6 billion from $5.97 billion. Comps declined 10.4%. Sales results were unfavorably impacted by the loss of seven post-Thanksgiving holiday shopping days compar
MEC Buys Store Building
Mountain Equipment Co-op (MEC) has purchased the Portage Avenue building that houses its Winnipeg store from Centre Venture, the city's downtown development agency. The Canadian outdoor retailer bought the 20,000-square-foot building for $2.35 millio
Puma Forms UK Team Sports Alliance
Puma has teamed up with Genesis Group International Ltd., its exclusive licensee for pro teamsports in the UK and Ireland, to target grassroots football and rugby teams through a new website www.thekitteam.com…
Adidas Acquires Textronics
Physic Ventures announced that adidas International, Inc. has acquired Textronics, Inc. a developer of wearable sensors for use in fitness monitoring. Terms were not disclosed. Textronics develops and commercializes functional products that integrate sens
Element 21 Golf Expands Distribution
Element 21 Golf Company said ts golf and fishing products are now carried in 450 stores, an increase of 275 stores from year-end (June 30, 2008). The company also said the majority of the Big Box stores locations are coming on board in the 2009 season…
Precor to Open Facility in North Carolina
Precor Inc. will open a new Southeast manufacturing, assembly and distribution facility at Rock Creek Center in Eastern Guilford County in NC. The company, based in Greensboro, NC, will build a 225,000 sq. ft. LEED certified building to accommodate their
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