Lululemon athletica inc. said that for the thirteen weeks ended Nov. 2, 2008, net revenue increased 34% to $87.0 million from $64.9 million for the third quarter of fiscal 2007. Net revenue from corporate-owned stores was $77.6 million, an increase of 31%
Category: Apparel
Lululemon Founder To Transfer Shares
Lululemon athletica inc.'s founder and Chairman Dennis J. Wilson has indicated through regulatory filings an intention to transfer or otherwise sell, through his control of LIPO Investments USA, Inc., approximately 330,000 shares of…
Rocky Brands, HAAS Outdoors Enter Licensing Agreement
Rocky Brands, Inc. has entered into a new licensing agreement with HAAS Outdoors Inc. to be the exclusive producer and marketer of Mossy Oak brand hunting and casual footwear in North America. The agreement makes Mossy Oak the eighth brand that Rocky prod
Sorel to Sponsor U.S. Snowboarding Team
Sorel, a cold-weather boot manufacturer and one of Columbia Sportswear Company's portfolio of outdoor brands, announced its official sponsorship of U.S. Snowboarding…
Q3 Comps Up 4.5% for Bakers Footwear
Bakers Footwear Group, Inc., a specialty retailer of fashion footwear for young women, reported net sales for the third quarter ended Nov. 1 were $41.1 million, an increase of 1.9% from $40.3 million for the thirteen-week period ended Nov. 3, 2007…
Survey: A Third of Major Retailers Cut Holiday Ad Spend
One-third (32%) of chief marketing officers (CMOs) at leading U.S. retailers state that their holiday marketing and advertising budgets have been reduced this season, according to a survey conducted in October by the accounting and consulting firm BDO Sei
Rottefella To Sell NTN Bindings Via Boot Makers
Rottefella AS is shifting its North American distribution model to make it easier for retailers to buy an NTN telemark binding/boot system. Starting Jan. 1, 2009, the company will distribute NTN bindings through the three ski boot manufacturers/distribut
Sport and Fitness Top Performing Retail Category Since Cyber Monday
ComScore reported that holiday retail e-commerce through Dec. 5 reached $14.92 billion, essentially the same level compared to the corresponding days last year. For the five days beginning with Dec. 1 (Cyber Monday), the kick-off to the heaviest part of t
Ohio Gun Hunters Awarded Extended Deer Season
Ohio's popular deer-gun season will run an additional weekend, Saturday and Sunday, December 20-21, according to the Ohio Department of Natural Resources (ODNR) Division of Wildlife…
PacSun, Zumiez Comps Fall, The Buckle Remains Strong
Pacific Sunwear of California reported that total PacSun sales for fiscal month of November declined 8% to $101 million versus total sales of $110.2 million in the year ago period. PacSun same-store sales decreased 10% during the same period.
Puma Acquires Stake in Dobotex
Puma AG will take a majority stake in Dutch company Dobotex as of January 1, 2009. In a brief statement, the company, based in Herzogenaurach, Germany, did not indicate the size of the stake or the terms of the deal…
Adidas Buys Sensor Company
Physic Ventures announced that adidas International, Inc. has acquired Textronics, Inc. a developer of wearable sensors for use in fitness monitoring…
Bally Total Fitness Files for Chapter 11
Bally Total Fitness Corporation filed for voluntary Chapter 11 Bankruptcy Protection in the U.S. Bankruptcy Court for the Southern District of New York. Bally intends to use the Chapter 11 process to significantly reduce debt from its balance sheet while
Is This Really Christmas Spirit?
When SportsOneSource reported in late October that adidas planned to cut costs by implementing a hiring freeze and scrubbing plans for year-end parties, the brain trust at Sole Technologies, manufacturers of Etnies, Emerica and eS footwear, among other br
Johnson Outdoors Whipsawed by Tough Economy
Johnson Outdoors has suspended dividend payments and will double its cost cutting efforts to prepare for a tough 2009 in the wake of a $51.7 million fourth quarter operating loss…
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