The Athlete's Foot (TAF) saw comps decline 9.6% in the fourth quarter. Overall comps for its parent, NexCen Brands, Inc., were up 6.4%, led by a 25% gain by TAF internationally. TAF International constitutes 65% of NexCen's TAF stores. For all
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Fleet Feet 2007 Comps Up 15%…
Fleet Feet, Inc. reported sales jumped 19% for fiscal 2007 with a 15% increase in comparable store sales. Net sales surpassed $75 million in revenue compared to $63 million in 2006. Twenty five stores recorded $1 million in annual sales in 2007 with the a
Hibbett Sports Adds Two Directors
Hibbett Sports, Inc. announced that Albert C. Johnson and Terrance G. Finley have been appointed to the company's Board of Directors. The company also announced that current Board member Clyde B. Anderson will not stand for re-election at the 2008 An
DSW Appoints New Directors
DSW announced that it has appointed Elaine Eisenman, Joanna Lau and Roger Markfield to its Board of Directors. Markfield is a non-executive officer employee of American Eagle Outfitters and has served as a Director of AEO since March 1999. He has also ser
PrimaLoft Names Intl Sales Dir. for Yarns
Ronald Comer, a 21-year veteran sales and marketing executive in the yarn industry, has been named director of international sales for the Yarn Division of PrimaLoft, a part of Albany International Corp. Comer was most recently director of international s
Ryders Eyewear Adds Five Reps
Ryders Eyewear, based in North Vancouver, Canada, has recently added five new sales representatives. All the new reps bring strong outdoor knowledge and sales experience to the Ryders Eyewear crew that has added 13 new styles of sunglasses to its lines fo
Zumiez Q4 Earnings Rise 9.7%
Zumiez Inc. reported fourth-quarter sales increased 12.7% to $126.6 million from $112.4 million a year ago. Comparable store sales increased 4.0% for the fourth quarter of fiscal 2007 compared to a 12.0% increase in the fourth quarter of fiscal 2006. Net
Pacific Sunwear’s Q4 Net Sinks 33.9%
Pacific Sunwear of California, Inc. reported sales from continuing operations for the fourth quarter decreased 7.8% to $420.1 million from $455.8 million. Same-store sales decreased 2.2%. By concept, PacSun same-store sales increased 2.1% and demo same-st
Hibbett Lowers FY08 Guidance
Hibbett Sports, Inc. reported net income in the fourth quarter fell 35.7% to $8.1 million, or 26 cents a share, from $12.6 million, or 39 cents, a year ago. Sales in the fourth quarter declined 5.5% to $142.8 million from $151.2 million a year ago. Compar
Road Runner Sports Continues Eastern Expansion
Road Runner Sports opened its first store in the Washington, D.C. area, continuing its recent expansion into the eastern part of the country. The store in Falls Church, VA, follows recent openings in North Brunswick, NJ; and Columbia, MD. Road Runner Spor
Dick’s Sporting Goods Q4 Net Income Beats Estimates
Dick's Sporting Goods said fourth-quarter net income rose 8% to $73.2 million, or 62 cents a share, topping recent guidance calling for 60 to 61 cents a share. A year ago, the company posted net income of $67.7 million, or 60 cents a share, for the f
Collective Brands Posts Loss
Collective Brands reported revenues in the fourth quarter rose 12.1% to $776.8 million as a result of the acquisition of Stride Rite. The period showed a net loss of $46.6 million, or 73 cents a share. Excluding the impact of purchase accounting, the net
Doug Kelly Out at Russell Athletic
Doug Kelly, who joined Russell Athletic as president about a year and half ago, is leaving the company to pursue other interests. No new president will be appointed. Kelly's duties will be divided among several Russell executives: Gary Barfield, Matt
Shirts and Skins Moves Headquarters
Shirts & Skins, Inc. (S&S), the producer of basketball uniforms, recently announced plans to move its corporate office/warehouse to Tualatin, Oregon, a suburb of Portland, in Mid-February of 2008. The new building will be approximately 15 miles from its c
adidas Group Passes € 10 Billion Mark in 2007…
Last year at this time adidas Group Chairman and CEO Herbert Hainer said that returning Reebok to growth would be the Group’s highest priority in 2007. That didn’t happen. The division, which includes the Rockport business as well as Reebok CCM Hockey,
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