Recreational Equipment, Inc. (REI) announced plans to open a new store in Norwalk, CT in the fall of 2010. The one-story, 24,000-square-foot store will be REI's second in Connecticut, joining a location in West Hartford, CT, which opened in 2007…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
L.L. Bean Again Ranks First in Customer Service
L.L. Bean once again lands the number one position as the retailer with the best customer service. According to the fifth annual NRF Foundation/American Express Customers' Choice survey, conducted by BIGresearch, shoppers revealed that L.L.Bean deli
Head USA Names CEO and President
Head announced that Kevin Kempin, president of HEAD Penn Racquet Sports, has been appointed as CEO and president of HEAD USA with responsibility for Racquet Sport and Winter Sport Divisions…
Delta Apparel Lifts Fiscal 2010 Guidance
Delta Apparel, Inc., the parent of M.J. Soffe, said its second quarter revenues increased 24% to approximately $91 million compared to $73.4 million in the prior year second quarter. The company expects earnings for the quarter ended December 26, 2009 to
Kellwood Acquires ISIS
Kellwood Company acquired ISIS, the outdoor company focused on women's performance and casual apparel. Terms of the deal, which was completed through Kellwood's American Recreation Products business, were not disclosed…
Holloway Sportswear Shifts Manufacturing to Mexico
Holloway Sportswear, Inc., headquartered in Sidney, OH, will shift manufacturing of wool varsity jackets in Jackson Center to a company owned facility in Mexico. The transition will begin in January 2010 and be complete by the first quarter of 2011…
Outdoor Cap Renames Team Division to OC Sports
Outdoor Cap Company, Inc. announced a name change for their Team Sports Division. By June 2010 communications and marketing initiatives using the new title, OC Sports, will replace the existing title, Outdoor Cap, to better align the brand with the compan
Shoe Carnival Raises Q4 Comp Guidance
Shoe Carnival, Inc. raised its expectations for the fourth quarter. The off-price shoe chain now expects net sales to range from $168.0 to $169.0 million for the fourth quarter of 2009. Comparable store sales grew in the range of 7% to 8% versus previous
Yue Yuen’s December Sales Rise 0.7%
Hong Kong-listed Yue Yuen Industrial said its operating revenue rose 0.7% year in December to U.S.$469.2 million…
Famous Footwear’s Nov/Dec Comps Climb 7%
Brown Shoe Company, Inc. said that for the nine weeks ended Jan. 2, 2010, same-store sales at the Famous Footwear division increased 7.0% and same-store sales at its Specialty Retail division increased 4.9% , both exceeding expectations…
Connecticut AG Calls On Ski Market To Honor Gift Cards
Connecticut’s attorney general filed a motion urging the bankruptcy court to require Ski Market to honor gift cards despite its recent Chapter 11 filing. Ski Market has indicated that bankruptcy proceedings will not allow it to it honor the approxim
SIA: Snow Sport Sales Roughly Even From August Through November
Overall, snow sports sales from August to November were about even with August to November sales last season but equipment sales slowed significantly, according to the SIA Retail Audit. Early indications for December are very positive in the snow sports m
Nick Adcock Fox Head’s Board of Directors
Fox Head, Inc., the action sports brand, appointed Nick Adcock to its Board of Directors. Adcock was recently the Global President of DC Shoes, Inc. and led their growth over the past 4 years…
Moving Comfort Invests in Biomechanics Research
Moving Comfort, the maker of sports bras and women's fitness apparel, is adding biomechanics research to their sports bra development through a partnership with Progressive Sports Technologies LTD, a sports innovation consultant based at Loughborough
Puma Sells Majority Stake in Chalayan Brand
Puma AG sold its majority stake in British fashion maker Chalayan LLP less than two years after acquiring the brand. Terms were not disclosed…
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