Lululemon Athletica Inc. reported revenue jumped 55.8% in the second quater, to $152.2 million from $97.7 million in the year-ago period. Comparable-store sales increased by 31% on a constant-dollar basis. Profits more than doubled to $41.4 million, or 58
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Amer Sports to Accelerate Growth in Apparel/Footwear
Amer Sports said that under a revised long-term strategy, it will emphasize faster growth in apparel and footwear (softgoods) categories. It also plans to expand its own retail stores and e-commerce efforts. The parent of Salomon, Wilson, Precor, Atomic,
Reef Names Jeff Moore President
VF Corp named Jeff Moore president of its Reef brand. Moore joined VF in 2005, most recently serving as vice president of sales – Americas for Vans, with responsibility for the U.S., Mexico, Canada and Latin America…
Big 5 Launches Online Initiatives Around 55th Anniversary
Big 5 Sporting Goods Corp. will be promoting its 55th anniversary celebration with a number of online initiatives. The five-week event will begin on September 12, when the company launches its social media sites on Facebook and Twitter…
Shoebuy Sees Growth with Private Sales
Shoebuy said requests are topping 5,000 a day at its newest website, events.shoebuy.com…
Patagonia Opens Second Retail Store in Hawaii
Patagonia opened its second Hawaiian retail store in Honolulu's Ward Centers, representing the company's 27th store…
Kiwi Shoe Launches National Ad Campaign
KIWI Shoe Care, part of Sara Lee Corp., launched its new national consumer advertising campaign designed to educate consumers on how to care for their shoes with a back-to-basics approach…
Sports Supply Acquires Pal’s Sports Center
Sports Supply Group has acquired Pal's Sports Center of Elmira, NY. Terms were not disclosed…
New Balance to Sponsor Reach the Beach Relay
New Balance announced a multi-year partnership with the Reach the Beach Relay organization…
Dermatone Sold to Beaumont Products
Beaumont Products, Inc. has acquired Dermatone Laboratories, the sunscreen maker. Terms were not disclosed…
Saucony Appoints Chris Lindner as SVP, CMO
Saucony, Inc. appointed Chris Lindner to the newly created role of senior vice president/chief marketing officer. Prior to his new role at Saucony, Lindner was vice president of global marketing at Converse Inc., a subsidiary of Nike, Inc., where he…
Mervin Manufacturing Appoints VP of Sales
Kyle Phillips has been named Mervin Manufacturing's vice president of sales. Phillips will oversee sales for all Mervin brands and categories including Lib-Tech, Gnu and Roxy, reporting to Mervin GM, Ryan Hollis…
Mitchell Golf Names Director of Sales
Mitchell Golf Equipment Company, a manufacturer of golf equipment repair tools and supplies, said Peter Dennis has joined the company as director of sales…
Dick’s SG Extends Credit Card Program with GE Capital
GE Capital Retail Consumer Finance announced a seven-year deal to provide consumer credit card programs for Dick's Sporting Goods, Inc. through their over 400 stores in the United States…
R.G. Barry Widens Fourth-Quarter Loss
R.G. Barry Corp., whose footwear brands include Dearfoams' slippers and Terrasoles, reported net sales declined 9.1% for the fourth quarter to $16.6 million. The decline reflected lower quarterly sales to one major customer, partially offset by incre
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