Kellwood, the parent of Kelty, Sierra Designs, Royal Robbins and Slumberjack, named Erin Haggerty senior manager of corporate communications and promoted Sonaly Aditya to director of strategy and marketing…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Columbia Sportswear To Open in Mall of America
Mall of America announced that Columbia Sportswear Company plans to open a Columbia-branded store later this year. The 16,000-square-foot store will feature Columbia apparel, footwear, accessories and equipment, along with its Sorel brand winter footwear.
Golfsmith Plans Palm Desert Superstore
Golfsmith International Holdings, Inc. announced plans to open its 73rd store in Palm Desert, California. The new large-footprint store will be in excess of 36,000-square-feet will include its experiential format, complete with indoor driving range, state
Dick’s Seeks $7.25M in Incentives for New HQ
Dick's Sporting Goods is seeking $7.25 million from the state of Pennsylvania for roads, sewers and other improvements for its planned headquarters near Pittsburgh International Airport, according to a report in the Philadelphia Inquirer. Dick's
L.L. Bean to Open in Philadelphia Region
L.L. Bean has signed on as an anchor tenant of a new shopping complex in Uptown Worthington. The 33,000-square-foot store will join a 140,000-square-foot Wegmans supermarket and a 14-screen Muvico theatre as retail anchors. It will be the Freeport-ME-base
GSI Commerce Sees 47% Revenue Hike
GSI Commerce Inc. reported net revenues in its second quarter jumped 47% to $193.2 million from $131.3 million. The net loss was $19 million or 40 cents a share, compared to a loss of $5 million or 11 cents, a year ago…
Skechers Sees Q2 Earnings Dip on Flattish Sales
Skechers USA Inc. reported Q2 revenues climbed 0.6% to $354.6 million from $352.2 million a year ago. Net earnings dipped 2% to $14.6 million or 31 cents a share, from $14.9 million, or 32 cents, a year ago. In late April, Skechers predicted Q2 revenues
Puma Second Quarter Sales Up 6.3%; Americas Biz Improves
Puma's sales during the second quarter rose 6.3% to €577 million ($905.3 million) from €542.8 million ($852 million), and rose 11.2% on a comparable basis, according to the quarterly report of its parent, PPR SA. In a statement, PPR said Puma's
Cybex Q2 Profits Decline
Cybex International, Inc., the fitness equipment manufacturer, reported sales for the second quarter fell 4.6% to $33.1 million from $34.7 million for the corresponding 2007 period. Net income nosedived 88.4% to $128,000, or 1 cent a share, from $1.1 mill
Perry Ellis Finds European Partner for Gotcha
Perry Ellis International entered into a licensing agreement with TV Mania GMBH and Must International Trading, PTE, Ltd. to design, manufacture and distribute casual, snow and surf apparel for men, women, and children under the Gotcha brand. Perry Ellis
Crocs Launches Escalator Safety Initiative
Crocs, Inc. plans to launch an escalator safety awareness initiative over the course of the next year. The first steps will include the addition of consumer education messages regarding escalator safety to hang tags on Crocs shoes sold worldwide as well a
EMS Backs Performance Apparel Bill
Eastern Mountain Sports announced its support of the Recreational Performance Outerwear Act (House Resolution 6483), the first trade legislation providing relief for outdoor performance apparel manufacturers. The legislation, introduced on July 15, create
Shoe Pavilion Shares to be Delisted
Shoe Pavilion has received a letter from the The Nasdaq Stock Market (“Nasdaq”) indicating that its stock will be delisted from Nasdaq because of its bankruptcy filing. According to a filing with the SEC, if the company does not appeal Nasdaq's deter
Mervyn’s Faces Liquidity Crisis
Mervyn's LLC, the California mid-tier department-store chain, may be forced to file for Chapter 11 bankruptcy protection as some of its vendors have halted shipments to the company and key lenders have pulled financing, according to published reports
Shoe Pavilion Looks to Close 71 Doors
Shoe Pavilion, Inc., which filed for bankruptcy last week, is seeking court approval to close 71 of its 113 stores. According to documents filed in the U.S. Bankruptcy Court for the Central District of California, the off-pricer, based in Sherman Oaks,