Skechers USA saw three record quarters through the first nine months of 2007, but revenues dipped nearly a full percentage point in the fourth quarter due to weakness in the U.S. market and the shuttering of a couple of sub-brands. The strong Q4 results
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Perry Ellis to Meet Q4 Estimates…
Perry Ellis International, Inc. expects to report Q4 earnings that will meet or beat analysts' average estimate of 61 cents per share. The company also said that while the first half of its current fiscal year, which began Feb. 1, will be challenging
K2 Acquisition Turbocharges Jarden’s Profitability…
Jarden Corp. delivered record revenue and cash flow in 2007, although accounting for its August acquisition of K2 required it to report a big drop in earnings for the fourth quarter and the year. The company reported a net loss of $11.2 million in Q4, co
OBIT: Bill Modell
William “Bill” Modell, chairman of the board of Modell’s Sporting Goods, died February 14, 2008, in New York. He was 86 years old…
Nautilus Inc. Posts First Quarterly Loss in Q4…
Nautilus Inc.'s struggles continued in the fourth quarter as the manufacturer lost $47.7 million, or 99 cents a share, in the fourth quarter. That loss compares with earnings of $12.9 million, or 40 cents, a year ago. Sales tumbled 20.3% to $147.3 m
Cybex Gets Cardio Boost in Q3…
Cybex International Inc. saw a 17% increase in Q3 sales to $44.5 million from $38.2 million last year. Cardio Equipment sales were up 14% to $24.8 million and Strength Equipment jumped 25% to $16.3 million. Other sales – mostly parts and freight – were do
GSI Commerce Sees Sporting Goods Drive Q4 Gains…
GSI Commerce Inc. said its Q4 revenues rose 14% to $148.7 million from $130.3 million. Merchandise revenues rose 17.2% to $223.1 million from $190.3 million last year. Service revenues jumped 67.4% to $112 million from $66.9 million. Sporting goods reven
New Era Cap and Teamsters Settle Dispute…
New Era Cap Co. and the local teamsters union have reached a deal at the company's 118-worker distribution center in Mobile, AL. This deal marks the first contract for the warehouse, where workers voted 57-53 on July 12 for union representation. Rece
VF Sees Retail and International Driving Growth…
VF Sees Retail and International Driving Growth…
VF Corp., which has historically been a supplier to the mass channel, expects that by 2012, 72% of its total revenues will be either international, its own retail stores, the specialty channel, or the ups
Dick’s SG Expands Golf Program with Maxfli Acquisition…
Dick’s Sporting Goods took another step in its path towards exclusivity on the retail floor. The company acquired the Maxfli brand and all its related trademarks from TaylorMade-adidas Golf. Dicks SG, however, will be starting from ground zero with the br
Escalade Sports Sales Slip in Q4…
Escalade Inc. said sporting goods revenues in Q4 and fiscal 2007 were down 12% and 5%, respectively, due to lower sales to mass market retail customers. The company said industry-wide erosion in consumer demand for soccer and hockey game tables was the pr
American Rec Parent to Go Private…
Kellwood Company will go private as early as this week after shareholders of the company overwhelmingly accepted an offer from private equity firm Sun Capital Securities Group, LLC. Sun Capital said 70.8% of the shareholders of Kellwood Co. tendered thei
OR Winter Market Sees New Trends Emerge in Footwear…
Footwear at Outdoor Retailer Winter Market saw several trends crossing the show floor. Trail Running remains a hot category with more vendors making a presence felt here, both from the traditional outdoor companies and from the traditional running guys…
New Management Retools Yakima Dealer Programs…
Intent on making Yakima “sweet and easy,” new management has overhauled how the company sells to dealers. Starting last month, Yakima unveiled a new dealer program that greatly simplifies how dealers place preseason orders…
Safilo Group Moves Carrera Under Level USA…
Italian sunglass and ski goggle maker Carrera is returning to its roots in specialty retail after flirting with big box distribution strategies, according to Charlie Adams, sales manager for Level USA, which on January 1 took over U.S. distribution of Car
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