Driven by double-digit revenues in footwear and a recovery in its golf segment in the Americas, Mizuno Corp reported revenue rose 9.3 percent to ¥132.2 million ($1.31 bn)…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Gildan Activewear’s Q1 Exceeds Guidance
Gildan Activewear Inc. adjusted net earnings rose 10.7 percent for the first quarter ended Dec. 29, to $43.3 million or 35 cents a share…
R.G. Barry’s Q2 Profits Benefit from Cost Controls
R.G. Barry Corporation reported net earnings rose 15.1 percent in the second quarter ended Dec. 28 to $6.1 million, or 53 cents per share. Revenues reached $48.0 million, slightly down from $48.5 million in the equivalent period last year…
Adidas Sues Under Armour Over Mobile Fitness Patents
Adidas sued Under Armour, alleging it infringed on 10 Adidas patents used in Adidas’ fitness tracking system called miCoach…
Asics Continues Bounce Back in Nine Months
Asics Inc. reported net earnings climbed 19.6 percent in the nine months ended Dec. 31 on a 25.1 percent sales gain, benefiting from a weakening yen and strength in running shoes worldwide. The company also raised its forecast for the year for both sales
Mizuno’s Profits Rebound in Fiscal Nine-Month YTD
Mizuno Corp reported earnings surged 52.1 percent in the nine months ended Dec. 31 as sales advanced 9.3 percent. The major factors for the sharp recovery were said to be the solid performance of lifestyle sports products across the globe and a recovery i
J. C. Penney’s Q4 Comps Rose 2 Percent
J. C. Penney Co. provided a preliminary update on its sales performance during the holiday and fiscal fourth quarter periods. For the combined, nine-week November and December period, the Company reported comparable store sales growth of 3.1 percent over
Ecco Named Official Footwear Supplier to ATandT Pebble Beach National Pro-Am
Danish company Ecco has been named “Official Footwear Supplier” to the 2014 AT&T Pebble Beach National Pro-Am taking place Feb. 3-9…
SIA On-Snow Demo Draws Record Crowd
Snowsports Industries America said nearly 120 brands exhibited gear at the On-Snow Demo/Ski-Ride Fest and Nordic Demo Feb. 3-4. The event was held at Copper Mountain Resort follwing the SIA Snow Show in Denver…
Sport Chek’s Next-Gen Store Packed with Technology
FGL Sports opened a next-generation Sport Chek/Atmosphere store Wednesday that features 800 computer screens customers and staff can use to access information on products, brands and local sporting events and options…
Genesco Amends Credit Facility
According to a filing with the Securities & Exchange Commission, Genesco Inc. entered into a third amended and restated credit agreement…
Louis Garneau Adds Northwest and New England Reps
Louis Garneau USA, the cycling apparel and footwear company, has appointed new representatives to cover the Northwest and New England regions…
Nordstrom Rack to Open Stores in Princeton, NJ and NewarK, DE
Nordstrom, Inc. announced plans to open a Nordstrom Rack at Mercer Mall near Princeton, N.J. The approximately 35,000-square-foot store is scheduled to open in spring 2015…
Zumiez January Comps Drop 7.6 Percent
Zumiez Inc. announced that total net sales for the four-week period ended February 1, 2014 decreased 24.3 percent to $38.1 million, compared to $50.3 million a year ago. The company's comparable store sales decreased 7.6 percent…
Bauer Hockey, Hockey Canada Expand Pilot Programs
Bauer Hockey and Hockey Canada announced the next phase of their Grow the Game partnership. Based on their research findings, the two organizations created a successful model for attracting new families to the game. The next phase is the expansion of th
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