Hibbett Sports is taking a more conservative approach to new store growth for the new fiscal year as the retailer keeps an eye on the weaker economy. The small-market-operator is starting to see more competition from the likes of Dick’s Sporting Goods an
Category: Apparel
Hanesbrands Inc. Joins the FLA…
Hanesbrands Inc., the parent of Duofold, and Champion, joined the Fair Labor Association and will undergo the FLA’s two-year implementation process for accreditation of the company’s global social compliance program. Participating companies in the FLA are
Under Armour Relaunches Power in Pink Campaign
As part of its “Power in Pink” campaign, Under Armour is launching the second annual Undeniable Survivor Search in the U.S. and Canada. To help raise awareness of the importance of leading a physically active life in the fight against breast cancer, Under
Zumiez Sees Fourth Quarter Sales Grow, But Expects Tough H1 Ahead…
For the fourth quarter, net sales totaled $126.6 million, an increase of $14.2 million or 12.7%, compared to $112.4 million in last year's fourth quarter. When the additional week from fiscal 2006 is excluded, net sales were up 18.5% in the fourth qu
Adams Golf Sales Grow Double-Digits for Q4 and Full Year
Adams Golf saw net sales jump 24% to $94.6 million for the year ended December 31, 2007, from $76.0 million for the year ended December 31, 2006. The company reported net income of $9.4 million, compared to net income of $9.0 million for 2006. For the fou
Adams Golf to Trade on NASDAQ as ‘ADGF’
Adams Golf has had its application for listing approved by The NASDAQ Stock Market. The company's common stock will now be traded on The NASDAQ Capital Market under the symbol “ADGF.” The Company expects its common stock to begin trading on Thursday,
The Buckle Reports 31.7% Q4 Net Income Jump
The Buckle, Inc. reported a 31.7% rise in net income for the first quarter to $29.1 million, or 98 per cents share (94 cents per share on a diluted basis), compared with $22.1 million, or 77 cents per share (73 cents per share on a diluted basis) for the
City Sports Acquired by PE Firm; Hanaka Takes Board Seat
City Sports has been acquired by Highland Consumer Fund, with the firm also supplying City Sports with a substantial growth equity investment. The move will enable City Sports to further invest in its growth strategy and enhance its leadership position in
Dick’s Sporting Goods Q4 Net Income Beats Estimates
Dick's Sporting Goods said fourth-quarter net income rose 8% to $73.2 million, or 62 cents a share, topping recent guidance calling for 60 to 61 cents a share. A year ago, the company posted net income of $67.7 million, or 60 cents a share, for the f
OGIO Files Suit Against Callaway for Patent Infringement…
OGIO is taking Callaway to task over alleged patent infringement regarding its Woode Club Management system, which was issued patent number 6,877,694 B2 in April 2005. The company filed papers with the State of Utah's Federal District Court on Februa
Gildan’s Activewear Gets Boost from Prewett Deal to Bolster Fiscal Q1 Revenues…
Gildan Activewear Inc. reported sales in its first quarter climbed 34.8% to $250.5 million from $185.8 million a year ago. The gain was due to an increase of 92.7%, or US$39.4 million, in sock sales due to the acquisition of V. I. Prewett & Son and new re
OBIT: Ted G. Robinson
Theodore (Ted) G. Robinson, a past president of the American Society of Golf Course Architects, died Sunday March 2, 2008 at his home in Laguna Beach, CA after a 10 month battle with pancreatic cancer. He was 84…
Titus Cycles Acquired by Another Arizona Firm
GAI Cycles of Phoenix, Arizona has acquired 100 percent ownership in Titus Cycles, Inc. (Titus) from Vyatek Sports, Inc. GAI’s management team has a strong and diversified background in operations, finance and business development with significant equity
Long Lines, Solid Sales Reported at Canoecopia…
Vendors reported brisk sales and no credit problems at this weekend’s Canoecopia event in Madison, Wisc. On March 7-9 paddling enthusiasts across the Midwest and Canada made their annual pilgrimage to the show, which kicks off a series of consumer paddlin
Crocs Repeats: We Don’t Sell to Costco…
Crocs, Inc. reiterated that it is not selling, never has sold and does not plan to sell its Crocs branded merchandise to Costco Wholesale Corp. But, such emphatic statements do not mean Costco can’t sell Crocs. The retailer said Wednesday that its access
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