As more companies are looking for any advantage they can get in the marketplace, finding inexpensive labor and efficient infrastructures has become one of the most competitive playing fields in modern day business. In the last decade, one country has come
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Fluorochemicals in the Outdoor Industry, By Nick Brown, Nikwax
As a retailer, consumer, or gear manufacturer, how much responsibility do we have for avoiding the release into our environment of suspect materials? Should we leave everything to government legislation? In my opinion, the answer is no. Government can tak
Zumiez Cuts Guidance on Weaker-than-Expected October Comps…
Zumiez Inc. recorded a 5.1% increase in October same-store sales after an increase of 15.9% in the year-ago month. Total net sales for the period increased 24.6% to $24.7 million from $19.9 million last year…
SRAM Acquires Zipp
SRAM Corporation completed its acquisition of Compositetech Inc., which makes products under the Zipp name. The Zipp management team will remain intact and continue to report to Andy Ording, president of Zipp…
Birkenstock USA Sold to Birkenstock Family
Birkenstock Distribution USA, the employee-owned importer and distributor of Birkenstock footwear in the U.S., has been sold to members of the family that has produced the line since 1774. Birkenstock USA had been 100 percent owned by employees since Octo
Johnson Outdoors Marine Acquires Geonav
Johnson Outdoors reached agreement to acquire Geonav, a leading marine electronics brand in Europe. The Geonav chartplotter and marine accessories brand and assets were acquired in a stock purchase from Nanionics of Viareggio, Italy…
Fila Launches U.S. Marketing Push with Modeling Contest
Fila Inc. is launching an online modeling contest as part of a new branding campaign dubbed “How do you Fila?” Fila is planning on using the images of the winners and their personalized “How Do You Fila?” descriptors in its 2008 marketing creative, which
Aldila’s Q3 Revs Slide 19%
Aldila Inc. reported Q3 sales fell 19% to $13.2 million from $16.3 million. Net income fell 76% to $687,000, or 12 cents a share, from $2.9 million, or 51 cents, a year ago. Excluding a year-ago special credit, net income in the latest quarter was down 59
Jarden Announces Stock Buyback Plan
Jarden Corporation, parent company of K2 and Volkl skis, announced that its Board of Directors has authorized a new stock repurchase of up to $100 million of its common stock. As of October 29, the company had approximately 77.6 million shares of common s
Surfboards Load for Free on Virgin Atlantic
Virgin Atlantic announced that its passengers are allowed to take an item of sports equipment on their flights free of charge. The news followed a recent ban by British Airways (BA) on surfboards and similar items…
Birkenstock USA Sold to Birkenstock Family
Birkenstock Distribution USA, the employee-owned importer and distributor of Birkenstock footwear in the U.S., has been sold to members of the family that has produced the line since 1774. Birkenstock USA had been 100 percent owned by employees since Octo
Gottschalks Comps Drop 3%
Gottschalks Inc. announced that same store sales for the month of October 2007 decreased 3% from the prior year. Total sales for the month decreased 5.7% to $41.7 million from $44.2 million in October…
Nordstrom’s October Comps Slide 2.5%
Nordstrom, Inc. said same-store sales in October decreased 2.4%. Total sales reached $625.7 million for four weeks ended November 3, 2007, an increase of 0.5% compared to sales of $622.5 million a year ago…
Bon-Ton’s Comps Decline 1.4%
The Bon-Ton Stores, Inc.'s total sales for the four weeks ended November 3, decreased 2% to $244.7 million from $249.7 million for the prior year period. Bon-Ton and Carson’s combined comparable store sales for the four weeks decreased 1.4%. Carson’
Dillard’s Comps Tumble 7%
Dilard's Inc. reported October comparable store sales declined 7%. Total sales fell 6% to $444.7 million from $473.4 million…
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