Zumiez Inc. reported net sales for the four-week period ended August 2 increased 12.7% to $31.7 million from $28.2 million a year ago. Comparable store sales decreased 1.4% versus an increase of 9.7% in the year-ago period…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Aldila Posts Q2 Loss on 23% Sales Decline
Aldila, Inc, reported sales dropped 23% to $13.6 million from $17.6 million. The golf company showed a net loss of $523,000, or 10 cents a share, against net income of $1.7 million, or 30 cents, a year ago…
Under Armour Opens Third Brand Store in Natick
Under Armour, Inc. announced the opening of its brand store in Natick, Mass., on August 7. The 4,600 square feet store, located in the Natick Collection Mall, is Under Armour's third full-price store. In November 2007, Under Armour opened the first b
Steve and Barry’s Agrees to $163 Million Sale
Steve & Barry's LLC said on Monday it agreed to be bought by a unit of investment firm Bay Harbour Management for $163 million. The 276-store chain said it filed a “stalking horse” agreement with the bankruptcy court, an initial bid solicited strateg
Boscov’s Files for Bankruptcy
Boscov's Inc., the department-store chain based in Reading, PA, filed for Chapter 11 bankruptcy protection in Wilmington, Delaware, citing decreased consumer spending. The privately-held company will immediately close 10 of its 49 stores. The company
Adidas Q2 Earnings, Outlooks Rise
Adidas reported an 11.7% rise in second quarter net income thanks to strong sales in Asia and Latin America and raised its 2008 outlook accordingly. Net income rose to €116 million ($181 mm) from €104 million ($140 mm) a year earlier. Sales rose 5% to €2.
SGMA: Doha Round Meeting Fails
In a statement, the SGMA said that on July 29, after nine days of meetings in Geneva, Switzerland, trade ministers gave up on their efforts to forge a consensus on modalities for the Doha Round agricultural and non-agricultural market access (NAMA) negoti
Twins Enterprise Opens Flagship Store in Boston
Twins Enterprise, Inc. opened the doors of its new flagship company store on famed Newbury Street in Boston. The store, named ’47 for the year in which twin brothers Arthur and Henry D’Angelo founded Twins Enterprise, is located at 286 Newbury Street…
Mizuno Renews USA Volleyball Sponsorship
Mizuno USA has renewed its official sponsorship and supplier agreement with USA Volleyball (USAV). The partnership between Mizuno USA and USA Volleyball that began in 2002…
Adams Golf Sees 9% Q2 Sales Gain
Adams Golf reported net sales of $33.3 million for the second quarter ended June 30, compared to $30.4 million for the comparable period of 2007, a gain of 9%. Net income reached $1.6 million, or 21 cents a share, slightly down from $2.5 million, or 33 ce
Hibbett Sports Opens 700th Store
Hibbett Sports has opened its 700th store in Bessemer, AL, and is planning extensive grand opening festivities for Saturday, August 23. CEO Mickey Newsome, who has overseen much of the chain's growth in his 42 years at the company, said, “Opening our
Golfsmith’s Q2 Net Jumps 26.5%
Golfsmith International Holdings, Inc. reported revenues increased 4% in the second quarter ended June 28, to $130 million from $125 million a year ago. Comparable store sales inched up 0.5%. Earnings rose 26.5% to $8.6 million, or 54 cents a share, from
The North Face to Open Atlanta Store
The North Face plans to open its Atlanta store on Aug. 15. The 6,000-square-foot store in Buckhead is the company's 22nd retail location. It incorporates The North Face updated retail design, which features oversized graphics, concrete floors, wood a
Gander Mountain Launches E-commerce /Catalog
Gander Mountain has launched its first e-commerce site at GanderMtn.com. Also, a new Gander Mountain catalog featuring 244 pages will be mailed in the coming weeks. The retailer had been prevented from operating a website or direct marketing operations af
Patogonia Launches “Vote The Environment” Campaign
Patagonia formally launched its Vote The Environment campaign in advance of the presidential election this November 2008. The aggressive three-part campaign asks customers to (1) register to vote, (2) educate themselves on the environmental records of can
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