Aruba Sport Eyewear has agreed to sponsor the Hansons’ Distance Project (HDP) through 2012. The Hansons’ Distance Project, also sponsored by Brooks and Saturn, is a training facility for elite athletes who aspire to become the best in their field. Brian S
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Adidas May Owe Oregon $82 Million
Adidas AG may have to give the state of Oregon $82 million of its winnings in a trademark-infringement case against Payless ShoeSource. According to Bloomberg News, Oregon is entitled to 60% of punitive damage awards that involve state-law claims, the sta
PacSun’s Comps Slide 3% in May
Pacific Sunwear of California, Inc. reported sales decreased 2% in May to $86.9 million from $88.5 million. Comps were down 3%…
Wal-Mart’s May Comps Climb 4.4%
Wal-Mart Stores, Inc. reported total comparable store sales rose 3.9%. Comps rose 4% at the Wal-Mart chain and 3.6% at Sam's Club. Comparable store sales in the Wal-Mart U.S. segment during the four-week May period were strong in grocery, health and
Wal-Mart’s May Comps Climb 4.4%
Wal-Mart Stores, Inc. reported total comparable store sales rose 3.9%. Comps rose 4% at the Wal-Mart chain and 3.6% at Sam's Club. Comparable store sales in the Wal-Mart U.S. segment during the four-week May period were strong in grocery, health and
Bon-Ton Suffers 8.7% Comp Decline
The Bon-Ton Stores, Inc. announced comparable store sales decreased 9.9% for the four weeks ended May 31. Total sales fell 8.7% to $214.3 million compared to $234.7 million…
Gottschalks Comps Fall 8.6%
Gottschalks Inc. reported same store sales for the month of May decreased 8.6% from the prior year. Total sales for the four-week period decreased 8.5% to $42.4 million compared to $46.4 million in the same period of fiscal 2007…
Dillard’s Comps Decline 7% in May
Dillard’s, Inc. announced that sales for the four weeks ended May 31, fell 5% to $499.7 million from $527.9 million. Comps decreased 7% for the four-week period. Sales of cosmetics and shoes were significantly above trend while sales in the home and furni
New Balance Restructures Lifestyle Unit
New Balance Athletic Shoe, Inc. recently restructured its Lifestyle category. The restructuring included the promotion of Joe Casagrande to General Manager, Lifestyle and the hiring of Steve Gardner, Strategic Business Unit Manager, Lifestyle…
Acquisition Lifts G-III’s Q1 Revenues
G-III Apparel Group, Ltd. reported sales more than doubled to $75.4 million from $35.1 million a year ago. The net loss was $6.9 million, or 42 cents a share, essentially flat with $6.4 million, or 42 cents, a year ago. The company traditionally experien
West 49 Sees 8.1% Q1 Comp Decline
West 49 Inc., the Canadian action sports chain, reported first quarter revenues fell 5.1% to $38.9 million ($38.1 million) from $41 million (40.2 million). Comparable store sales were down 8.1% on a consolidated basis and down 7.4% for the core West 49 ba
Suunto Partners with Runner’s World
Suunto is planning a series of grassroots events at running specialty stores through a new partnership with Runner’s World Magazine. The program targets seven key regions – Texas, California, New York City Metro, Atlanta Metro, Seattle, Chicago and Florid
Schutt Featured on Modern Marvels
Schutt Sports is being featured one of cable television’s leading technology programs, Modern Marvels, in an episode featuring technology on the football field. Modern Marvels sent a video crew to the Salem, Illinois facility of Schutt Sports, where the c
OGIO Hires Motorsports Category Manager
OGIO announced that Chad Zulian has become Motorsports Category Manager. Prior to joining OGIO, Zulian worked as Media Coordinator for Parts Unlimited. He also has more than twenty years in the action sports industry, both as a rider and employee to sever
Collective Brand’s Earnings Fall After Litigation Charges
Collective Brands Inc. reported net earnings in the first quarter ended May 3, amounted to $19.7 million, or 31 cents a share, after a $30 million pre-tax charge, or 26 cents a share, related to loss contingencies associated with litigation. Excluding the
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