Retailers have made drastic changes this year in their pre-season orders in hopes of remaining profitable during the economic downtown. Many are trying to wait as late as possible to place their orders, much to the chagrin of vendors, but a more interesti
Category: Footwear
Orange 21 Extends Date for Rights Offering
Orange 21 Inc. said it has extended the expiration date for its subscription rights offering previously announced on Jan. 22, 2009…
High Sierra Acquires Mervyns Registrations for Trademark
High Sierra Sport Company has acquired all Mervyns registrations for the trademark High Sierra. The purchase price of the sale was undisclosed. High Sierra is first and foremost a bag/luggage company and steadfast about not entering either the footwear or
GSI Commerce to Hold Three Investor Conferences
GSI Commerce Inc. said it is scheduled to participate in three investor conferences during February and March.
Confluence Introduces Community-Based Boating Incentive
From Apr. 1, 2009 through Aug. 31, 2009, Confluence Watersports will roll out a brand new program designed to support local organizations, introduce more people to paddling and establish a platform for a long-term sustainability initiative…
Sentencing in UA Stock Fraud Case
A federal judge has sentenced a 43-year-old Baltimore man to 2 1/2 years in prison for a stock fraud scheme involving Under Armour. Ronald Bowen was sentenced on mail fraud charges in U.S. District Court in Baltimore, according to the Baltimore Journal. H
Billabong H1 Sales Rise as EBITDA Stays Flat
Billabong reported that first half net sales jumped 22.1% as healthy growth in the company’s home Australasian market was outpaced by stronger gains in the Americas and Europe. Net sales grew to A$808.6 million ($632.6 mm) from A$662.0 million ($575.2 mm)
Chick’s Headquarters to Close
According to a report by the San Gabriel Valley Tribune, Chick’s Sporting Goods’ Covina-based headquarters will close as its new owner, Dick Sporting Goods, continues to absorb operations…
Cabela’s Q4 Profits Slide 12.1%; Comps Up 2.2%
Cabela's Inc. earnings fell 12.1% in the fourth quarter to $49.4 million, or 74 cents a share, from $56.2 million, or 84 cents, a year ago. Retail store revenue increased 6.9% to $429.5 million with a same store sales increase of 2.2%; direct revenue
Sport-Haley Sees Q2, First Half Results Tumble Across Board
Sport-Haley, Inc. reported net sales of fashion apparel for the three months ended Dec. 31 were $3.2 million, a decrease of $1.2 million, or 26%, from net fashion apparel sales of $4.4 million for the comparable three-month period in the prior fiscal year
Rocky Brand’s Fourth Quarter, FY08 Sales Decrease
Rocky Brands, Inc. said net sales for the fourth quarter ended Dec. 31, 2008 were $66.0 million versus net sales of $72.5 million in the fourth quarter of 2007. For the full year 2008, net sales decreased 5.7% to $259.5 million versus net sales of $275.3
Crocs Q4 Revenues Slump 44%
Crocs, Inc. reported revenues fell 43.9% for the three months ended Dec. 31, to $126.1 million compared to $224.8 million a year ago. The comfy shoe manufacturer reported a net loss of $33.2 million, or 40 cents per share, in the latest quarter…
Ortholite Sponsors AHS and RRCA
OrthoLite has signed a sponsorship agreement as the preferred insole partner with American Hiking Society (AHS) and Road Runners Club of America (RRCA). In addition, the company will continue its sponsorship with the American Trail Running Association (AT
Nautilus Delays Q4 Conference Call
Nautilus, Inc. has rescheduled its previously announced conference call to discuss its fourth quarter results to March 10. The company said the rescheduled conference call date is necessary to allow additional time to complete the few remaining items in c
Gander Mountain Q4 Profit Improves; Comps Slip 0.2%
Gander Mountain Co. said it expects consolidated sales for the fourth quarter of approximately $333 million compared to $318 million a year ago, a 4.9% increase. Net income is expected to reach approximately $20 million compared to net income of $5.8 mill
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