Collective Brands Inc. reported Q4 sales climbed 12% to $777 million due to the acquisition of Stride Rite and particularly strength at Saucony and Sperry Top-Sider. But slower traffic at Payless ShoeSource caused the company to post a slightly higher-th
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Hanesbrands Inc. Joins the FLA…
Hanesbrands Inc., the parent of Duofold, and Champion, joined the Fair Labor Association and will undergo the FLA’s two-year implementation process for accreditation of the company’s global social compliance program. Participating companies in the FLA are
Fila Completes EMEA Deal…
Fila completed the sale of the subsidiaries comprising Fila's European, Middle East, African and Indian businesses (EMEA) to the European based management team. It also entered into a long-term license for the Fila brand in the EMEA region…
Zumiez Sees Fourth Quarter Sales Grow, But Sees Tough H1 Ahead…
For the fourth quarter, net sales totaled $126.6 million, an increase of $14.2 million or 12.7%, compared to $112.4 million in last year's fourth quarter. When the additional week from fiscal 2006 is excluded, net sales were up 18.5% in the fourth qu
Ashworth Inc. Starts New Fiscal Year with Slow Quarter…
Ashworth, Inc. had a tough start to its fiscal year as sales declines led to a broader quarterly loss. The first quarter is typically the smallest quarter for the company and positive growth seen in the core, domestic golf channel is a good sign, but that
Adams Golf Posts Double-Digit Sales Growth…
Adams Golf ended a strong 2007 with double-digit fourth quarter sales growth driven by the company’s hybrids, which continue to see increased penetration, especially amongst tour players. However, the top line growth did not translate into net income gain
Pacific Sunwear Ends Year in Red as Fourth Quarter Net Falls…
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 s
Brooks Sports Boasts 17.5% Revenue Increase…
Brooks Sports, Inc.'s revenues grew 17.5% to more than $170 million in 2007. Sales rose 20% domestically and in excess of 19% internationally. Additionally, the running brand delivered operating earnings that were up 39%…
The Athlete’s Foot Sees Q4 Comps Fall 9.6%…
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
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
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