The Warnaco Group Inc. said its swimwear group's sales grew 1.3% in the fourth quarter, to $84 million from $83 million a year ago. Operating income in the segment, which includes Speedo, fell to $8.4 million from $12.5 million, reflecting losses rel
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Cabela’s Files for 4.1 Million Secondary Offering
Cabela's Inc. filed a preliminary prospectus supplement with the Securities and Exchange Commission with respect to an underwritten public offering of 4,119,016 shares of its common stock. All of the shares of common stock are being offered by stockh
Payless, Nike Launch High-Tech Sneaker
Nike Inc. brought out soccer stars Brandi Chastain and Hope Solo and world-renowned volleyball player Logan Tom at a New York press event to help launch Tailwind, a women’s performance footwear and accessories brand that will be exclusive to Payless ShoeS
TAF Contributes $1.9 mm to Nexcen Results
Nexcen Brands, Inc. reported that revenues at The Athlete's Foot for 2006 amounted to approximately $9.9 million. The company owned the franchising business for less than two months in 2006 and recognized revenue of approximately $1.9 million in its
Adidas Appoints New Divisional Heads
Adidas has appointed Bernd Wahler as chief marketing officer Sport Performance and Hermann Deininger as chief marketing officer Sport Heritage/Sport Style. Both executives will report directly to Erich Stamminger, president and CEO of the adidas brand…
Everlast Posts Q4 Profit; Raises 2007 Guidance
Everlast Worldwide Inc. earned $1.1 million, or 28 cents a share, in its fourth quarter, against a loss of $433,000 a year ago. Excluding year-ago charges related to its move to license out its men’s apparel business, Q4 operating income from continuing o
The Walking Co. to Open Store in Brandon, FL
The Walking Co. plans to open a 1,456 square-foot store in Brandon, Florida, on March 1. The comfort shoe chain currently operates about 150 stores…
Iconix to Buy Danskin for $70M
Iconix Brand Group, owner of apparel brands including Candie's and Mossimo, has agreed to buy Danskin for $70 million. As part of the transaction, Carol Hochman, president and CEO of Danskin, and her team will continue as Iconix's licensee to gr
K-Swiss Anna Kournikova as Spokesperson
K-Swiss Inc. said Russian tennis beauty Anna Kournikova has become the brand's new spokesperson. Kournikova will appear in two television spots, the first beginning in March, illustrating the brand's performance product, as well as, its trendset
First Half Profits Drop in Pacific Brands’ Outdoor and Sport Division
Australia’s Pacific Brands Limited reported operating earnings dropped 14.4% in its Outdoor & Sport division in the six months ended December 31 as revenues dropped 5.3%. In its Footwear division, operating earnings climbed 7.5% on a 1.5% sales gain…
Golf Galaxy Promotes Busch to SVP of Merchandising
Golf Galaxy said Dana Busch, a nine-year Golf Galaxy employee, was promoted to SVP of merchandising. Justin Royer, also a nine-year Golf Galaxy employee, was promoted to vice president of marketing…
TJX Net Falls On Year-Ago Benefit
The TJX Cos. Inc. reported income from continuing operations for the fourth quarter was $243 million, or 51 cents a share. That compares with $288.7 million, or 59 cents, a year ago. Sales increased 9% to $5.1 billion, and comparable store sales increase
Skechers Q4 Profit Soars 149%
Skechers USA Inc. reported fourth quarter earnings vaulted 149% to $14.6 million, or 33 cents a share, from $5.9 million, or 14 cents, a year earlier. Sales increased 36.2% to $304.5 million as compared to $223.5 million in the fourth quarter of 2005…
G-III Apparel Slightly Cuts Sales Forecasts; Maintains EPS
G-III Apparel Group Ltd. slightly cut its sales forecasts for the year ended January 31, 2007, but maintained its projected earnings estimates. Overall results will come in substantially ahead of prior year results…
Cutters Gloves Partners with GreatCatch
Cutters Gloves, based in Phoenix, reached an agreement to partner with GreatCatch of Lafayette, Louisiana. Cutters will distribute the GreatCatch training device through its large network of retail outlets in the U.S., Canada, and abroad. Invented by Mark
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