Category: Footwear

Warnaco Swimwear Posts Loss After FINA LAZR Ruling Charge

November 9, 2009 SGB Update

Warnaco's swimwear segment reported a Q2 operating loss of $7.4 million after a $3.6 million charge ($2.2 million after-tax) to write off inventories of its Speedo LZR Racer product. The loss compared to a year-ago deficit of $10.2 million, which inc

Batters Up Schedules Annual Meeting

November 9, 2009 SGB Update

Batters Up USA will hold its annual meeting in conjunction with the American Baseball Coaches Association convention on Jan, 7-10 in Dallas at the Hilton Anatole Hotel…

Crocs Returns to Profitability and Growth in Q3

November 9, 2009 SGB Update

Crocs, Inc. reported its first profit and year-over-year sales gain since second quarter 2008 and posted healthy future orders, led by demand for the new Crocband collection. Year-over-year spring-summer 2010 wholesale pre-books are running up 131% in the

Badger Sport Acquires Pro-Line to Enter Headwear Market

November 9, 2009 SGB Update

Badger Sport, of Statesville, NC, announced the purchase of Pro-Line Athletic, Fort Worth, TX. Terms were not disclosed. In a statement, Jerry Carr, president and owner of Badger Sport, said, “Pro-Line is a great fit for Badger Sport. It has been our goal

M.J. Soffe Looking to Add Capacity

November 9, 2009 SGB Update

M.J. Soffe is looking to increase capacity in screen printing following strong demand for its decorated products. In an interview with The Fay Observer in Fayetteville, NC, Soffe President Ken Spires said that “our sales guys really did a great job in get

Urban Outfitters Third Quarter Comps Dip 2%

November 5, 2009 SGB Update

Urban Outfitters reported that total company net sales increased by 6% to $506 million for the fiscal third quarter versus the same quarter last year. Total company comparable store net sales declined 2%. Direct-to-consumer net sales jumped 21% and whole

Macy’s Comps Slip 0.8% in October

November 5, 2009 SGB Update

Macy’s, Inc. reported total sales of $1.69 billion for the four weeks ended Oct. 31, a decrease of 1.3% from $1.71 billion a year ago. On a same-store basis, Macy’s, Inc. sales were down 0.8% in October…

Target’s October Sales Up 2.8%; Comps Slip 0.1%

November 5, 2009 SGB Update

Target Corporation reported that its net retail sales for the four weeks ended Oct.31, 2009 were $4.54 billion, an increase of 2.8% from $4.42 million for the four weeks ended Nov. 1, 2008. On this same basis, October comparable-store sales decreased 0.1%

J.C. Penney Comps Drop 4.5%, Raises Q3 EPS Guidance

November 5, 2009 SGB Update

J.C. Penney Co., Inc. reported that comparable store sales for the four-week period ended Oct. 31, 2009, decreased 4.5%, slightly better than the company’s guidance for sales to decrease 5% to 8%. In last year’s October period, comparable sto

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