VF Corporation said revenues for the fourth quarter fiscal 2009 decreased 2% to $1.91 billion, compared with $1.96 billion in the year ago period. The company said nearly all of the decline attributed to the effects of foreign currency translation…
Category: Footwear
Sport Supply Group Q2 Net Sales Slip 1.7%
Sport Supply Group, Inc. said net sales for earnings per share for its fiscal second quarter ending Dec. 31, 2008 were 4 cents per fully diluted share. Net sales for the quarter declined 1.7%. Commenting on the quarter and year-to-date Results, Adam Blume
Chernin’s to Shutter Doors
Chernin's Shoe Outlet LLC, the discount footwear retailer, is going out of business. The Chicago-based chain filed for Chapter 7 bankruptcy, listing assets of between $500,000 and $1 million and liabilities of between $1 million and $10 million. Che
Skechers Warns of Fourth Quarter Loss as Margins Contract
Skechers USA, Inc. said its fourth quarter 2008 results are expected to be significantly below the range of its previous outlook. For the fourth quarter of 2008, the company now expects net sales to be in the range of $290 million to $300 million and a ne
Sport Chalet Reviews Strategic Alternatives
Sport Chalet, Inc. is evaluating strategic alternatives, including raising additional capital and amending or replacing its current credit facility. This includes retaining Wedbush Morgan Securities as its financial adviser in this process. In a press re
LaCrosse FW Q4 Net Halved on Higher Expenses
LaCrosse Footwear, Inc. reported consolidated net sales of $35.1 million for the 2008 fourth quarter, up 8% from $32.7 million in the fourth quarter of 2007. For the full year 2008, consolidated net sales were $128.0 million, up 8% from $118.2 million in
NGCOA: Golf Rounds Played in 2008 Down 0.8%
The PGA of America and the National Golf Course Owners Association (NGCOA) announced recently that rounds played in 2008 were down 0.8% nationwide, with a similar decline in YTD days open (-0.7%). This is based on responses from approximately 2,500 facil
National Golf Rounds Played Drops 6.8% in December
The Golf Datatech National Golf Rounds Played Report showed that in December, golf rounds played varied vastly between regions, with participation in the Pacific, Mountain, East North Central, South Atlantic and South Central regions decreasing and partic
MacGregor Golf Sells Off Greg Norman Collection
Greg Norman Collection is once again under new ownership, this time acquired by The Tharanco Group from the MacGregor Golf Company. GNC President and CEO Michael Setola will remain CEO and is a partner in the new company, Tharanco Lifestyle, LLC. Terms w
Tech Attributes Still King in Outdoor Apparel
Partnerships between leading outdoor technical apparel brands and manufacturers of technical fabrics continue to bring innovation to outdoor specialty retailers, but retailers want vendors to keep lifestyle in mind as well when developing new products. Ne
Russell Athletic to Sponsor AVP Pro Beach Volleyball Teams
Russell Athletic has become an Official Apparel Sponsor of the AVP Pro Beach Volleyball, America's professional beach volleyball tour. Under the three-year agreement, Russell will have a branded presence at the on-site merchandise tent at each tour s
Adidas Sees Currency Fluctuation Risks
In an interview with Bloomberg Television in Wiesbaden, Germany, Adidas AG Chief Executive Officer Herbert Hainer said currency fluctuations are the biggest risk for Adidas’s business in 2009. Hainer particularly cited the declining value of the ruble
Sporting Goods Exempted From Phthalates Ban
According to the Consumer Product Safety Commission, sporting goods (except for toy versions of a sporting good) are exempted from the definition of a toy and not subject to the ban on phthalates in toys. CPSC also said exempted bicycles, playground equip
CenterStone’s B2B E-Commerce Solutions Receive Record Adoption
For the fourth consecutive year, CenterStone Technologies reported record numbers for transactions processed through its iVendix and Escape B2B e-commerce applications in 2008. The company's solutions have helped to expand the marketplace for vendors
Siegel Returns to Lacoste
Devanlay SA announced the appointment of Robert Siegel as CEO of Devanlay U.S. Inc., the licensee for Lacoste branded apparel in the U.S. He replaces Robert Skinner, Jr., who has resigned due to differences with the Board…
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