Retail continues to struggle in the throes of an economy that is not conducive to consumer spending, but same-store sales for the fiscal month of August painted a slightly more optimistic picture regarding outlook for Holiday 2009 — despite representing
Category: Footwear
RECALL: SRAM Bicycle Chains
About 24,000 Sram 10-Speed bicycle chains with PowerLock connector links are being recalled by Sram, a Chicago bicycle parts maker, because the connectors are brittle and can crack, allowing the chain to separate from the bicycle and causing the rider to
Americans Expect to Keep Spending in Check for Holiday
Back-to-school shopping season hasn’t even ended yet, but American consumers are looking ahead to the Holiday shopping period with some trepidation. Based on a recent consumer survey conducted by The SportsOneSource Group, more than half the respon
Cybex Launches Fitness Programs for Golf and Country Clubs
Cybex International, Inc. announced the “Sweet Spot” program, a fitness solution created specifically for the golf and country club market…
G-III Apparel Shrinks Q2 Loss
G-III Apparel Group Ltd. narrowed its loss in the second quarter to $2.8 million, or 17 cents a share, from $3.85 million, or 23 cents, a year earlier. But the leather outerwear company also warned that it may not be profitable until next year's seco
Flat Fitty Names Sales Chief for Australia/New Zealand
Flat Fitty/Lavish Headwear named Dave Johnson to the newly created position of National Sales Manager for Australia and New Zealand…
Gander Mountain Exits PowerSports; Go Forward Categories Comp Up 1.8%
Following up on an especially strong first quarter that saw boosts from several key product segments, Gander Mountain reported disappointing second quarter results as losses widened on sliding revenues. Company management attributed disappointing results
Amer Sports Announces New Hires for Salomon/Atomic
Amer Sports said Jeff Larsen has accepted the position of Director, Salomon Footwear and Anthony “Tony” Elggren as the National Accounts Manager for ASWO, responsible for ski equipment makers Salomon and Atomic as well as Suunto watches and instruments…
CLC Forecasting Decline in Sales and Licensing Revenues for Year
Collegiate Licensing Company, which manages the trademarks of most major colleges, is forecasting retail sales of college fan merchandise could be down 7% this year from sales of $4.3 billion last year. In an interview with Reuters, Derek Eiler, SVP and
Quiksilver, Inc. Meets the Street in Fiscal Q3, Forecasts Loss for the Fourth Quarter
Quiksilver Inc. managed to show a small profit in its fiscal third quarter ended July 31, thanks to cost cutting efforts. But the company surprised Wall Street by forecasting a loss in the fourth quarter due to weakening sales and higher interest costs.
Cherokee Inc. to License JEM Sportswear
Cherokee Inc. entered into an exclusive agreement in the U.S. with JEM Sportswear for men’s and boy’s knit tops for its Sideout brand. JEM Sportswear, based in San Fernando, CA, currently has 35 active licensing deals with Disney, Hasbro, Fox,
Lululemon to Launch Kids Product and Retail Concept
Lululemon athletica inc. is introducing ivivva athletica, a new brand the vertical retailer said is focused on 6-12 year olds and will feature technical, multi-functional apparel that will include many of the design features found in lululemon product…
OBIT: Melvin Olshansky, Maurice Sporting Goods
Melvin A. Olshansky, the chairman of Maurice Sporting Goods in Northbrook, IL, died on Aug 29 at the age of 74, according to The Chicago Tribune. He had been hospitalized for several months with a number of maladies, including respiratory problems and kid
New Australian Distributor for Hi-Tec and Magnum
Hi-Tec and Magnum said Denstock Australia Pty. will represent the brand in Australia. Denstock Corporation has distributed both brands in New Zealand for over 23 years…
CLC: College Licensed Sales Could Fall 7% in 2009
In an interview with Reuters, an official at the Collegiate Licensing Co. predicted that retail sales of college fan merchandise could be down 7% this year. Last year, sales across retail reached $4.3 billion…