Folio is reporting that Rodale is in the final stages of selling Backpacker magazine to a private equity backed media company called Active Interest Media…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Zumiez April Comps Up 3%…
Zumiez Inc. saw net sales for the month increase 34.4% to $20.2 million, from $15.0 million last year with comparable store sales increasing 3.0% on top of a 19.3% jump in the year ago period…
DSW Follows Zumiez Lead…
DSW Inc. reported net sales for the first quarter increased 12.8% to $357.0 million compared with $316.5 million for the thirteen-week first quarter ended April 29, 2006. Same-store sales decreased 3.6% for the comparable thirteen-week period versus an in
And Pac Sun Continues in Other Direction…
Pacific Sunwear of California, Inc. saw April sales decrease 10.5% to $79.3 million from $88.5 million last year…
Shoe Pavilion Posts $1.2 million Loses in First Quarter
Shoe Pavilion, Inc. said first quarter sales increased 32.6% to $36.2 million from $27.3 million. Comparable store net sales for the first quarter increased 7.8% from the same period in fiscal 2006. The footwear chain posted a net loss of $1.2 million,
Collegiate Pacific Profits Jump 45%
Collegiate Pacific Inc. reported consolidated net sales grew 6.4% to $63.2 million primarily attributable to a 17% organic growth rate from its road sales force from end of season basketball uniform deliveries and solid uniform demand from spring sports.
Mikal Peveto Stays On as Fila Consultant
Mikal Peveto, who had been leading Fila’s global footwear research and development initiatives as the SVP of Fila Futura, will be moving to a consulting role to contribute to the company’s efforts in footwear product and materials research. He will also w
Le Coq Sportif Owner Takes Back U.S. Distribution…
Le Coq Sportif, the French sport brand acquired by the Swiss investment fund Airesis in 2006, has re-acquired U.S. distribution from Itochu International. Tim McCool, a former adidas and Nike executive, has joined the Le Coq Sportif team to lead the North
Gildan Claims Market Share Gains in Fiscal Q2…
Gildan Activewear Inc. reported a 26.3% jump in second quarter net sales to $232.1 million from $183.8 million in the second quarter of last year, but restructuring charges caused net income to fall. The increase in sales revenues was due to $32.8 million
Aldila Sees Flat Q1 Sales on Tough Comparisons…
Aldila, Inc. had a tough start to the year as flat revenues and diminished margins led to a decrease in net income compared to the year-ago quarter. Compounding those worries was a 22.8% decrease in backlog at the end of the quarter to $9.5 million from
Iconix Acquisitions More Than Double Q1 Licensing Revenue…
Iconix Brand Group, Inc. saw Q1 licensing revenues more than double to $30.8 million from $13.3 million. EBITDA for the quarter increased to $23.3 million from $8.4 million; net income increased to $12.7 million, or 21 cents a share, from $7.4 million, or
Brooks Sues Nike, Inc. Over Tailwind Product…
Brooks Sports reported last Friday that it had filed a lawsuit against Nike, Inc., Exeter Brands Group, LLC and Payless ShoeSource, Inc., citing significant trademark infringement and unfair competition relative to the Tailwind athletic footwear line. Br
Sprinturf Has Patent Rejected…
FieldTurf won a victory in the battle over the field of play last week as the U.S. Patent Office rejected the major claims of Sprinturf’s patent for an all-rubber in-filled product consisting of a woven/non-woven double backing. Based upon knowledge of th
adidas Sues Kmart Over 3-Stripe Trademark…
adidas has sued Kmart for selling apparel copying its three-stripe mark. The suit, filed in the U.S. District of Oregon in Portland, claims Kmart sold sweatpants with three parallel stripes running along the outseam of each leg as well as jackets with par
IMG Acquires CLC…
Collegiate Licensing Company (CLC), has been sold to IMG. Financial details of the transaction were not disclosed, but under the agreement, CLC will operate as a freestanding unit within IMG's Sports and Entertainment Group, overseen by IMG Sports an
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