Skechers USA reported an earnings decline for the second quarter as continued strength overseas wasn’t enough to offset declines in the U.S. business. Costs to open their own stores also dented the bottom line. Results were slightly below a forecast in l
Category: Footwear
Nautilus Consolidates U.S. Manufacturing and Distribution
Nautilus, Inc. is consolidating its U.S. manufacturing and distribution facilities. Nautilus will close its Tulsa, Oklahoma facilities by the end of 2008 and transfer the manufacturing of their products, principally, to its facility in Independence, VA. T
Sport Supply to Beat Q4 Expectations
Sport Supply Group, Inc. said its fourth-quarter results “appear higher” than the year-ago period and as much as double current consensus analyst expectations for the quarter of 8 cents per share…
Rocky Swings to Profit in Q2
Rocky Brands, Inc. reported that net sales for the second quarter increased 2.9% to $60.5 million from net sales of $58.8 million in the second quarter of 2007. RCKY reported net income of $700,000, or 13 cents per diluted share, compared with a net loss
Lacrosse Reports Solid Q2 Despite Outdoor Regression
LaCrosse Footwear, Inc. said second quarter net income rose 47% on a 12% increase in consolidated net sales to $27.8 million for the period. Sales growth, however, came from the work and military markets rather than the outdoor market, where sales actuall
TJX Looking to Sell Bob’s Stores?
TJX Cos Inc., after long contemplating such a move, is looking to sell its Bob's Stores division, according to Bloomberg News. Potential buyers include Philadelphia-based private equity firm Versa Capital management, the business newswire said. TJX
Johnson Outdoors Sees Paddlesports Orders Slow
Johnson Outdoors Inc. sales declined 5.8% to $141.2 million for its fiscal third quarter ended June 27, as sales in its marine electronics segment dropped and June refill orders from canoe and kayak dealers slowed considerably….
Columbia Sportswear Posts Q2 Loss
Columbia Sportswear Company’s U.S. sales tumbled 18% in the second quarter as reduced consumer spending levels and tighter credit markets “caused retailers to request unusual and unpredictable levels of order delays and cancellations.” The company posted
West Marine Q2 Comps Slip
West Marine, Inc. reported sales reached $226.7 million for the fiscal second quarter, down 8.2 % from net sales of $247.1 million for the same period in 2007. Comparable store sales also declined 7.8% compared with the same period a year ago…
NSGA: West North Central Region Spend Most Per Capita on Sports Equipment
Using indices developed from the National Sporting Goods Association’s Sporting Goods Market report, residents in the West North Central (WNC) census region spent the most per consumer on sports equipment in 2007. With an index of 143, the WNC region (IA,
Report: Bass Pro Lays Off 30
Bass Pro Shops has laid off 30 people at its Springfield corporate headquarters, according to Missouri's News-Leader. The employees were laid off Friday, Bass Pro communications manager Larry Whiteley said…
Kellwood Replaces Women’s Apparel Exec
Kellwood Company appointed Michael W. Kramer as president and CEO of its women’s clothing business, effective Aug. 18, 2008. Kramer will assume his post from Robert C. Skinner, Jr., formerly chairman, president and CEO, who will resign from Kellwood to pu
FGXI Hires Dragon Optical Marketing Exec
FGX International has hired the former director of marketing for Dragon Optical to take over its Quantum Lifestyle/Sun Brands division. Scott Sorensen will be responsible for the Anarchy, Angel and Gargoyles fashion and action sports brands, as well as se
Knights Apparel Opens HQ in Spartanburg
Knights Apparel Inc. has completed the relocation of its corporate headquarters from Oak Brook, Ill., to its existing facility in Spartanburg. Knights, a leading producer of licensed sports apparel, has consolidated all of its operating areas under one ro
Shoe Pavilion Shares to be Delisted
Shoe Pavilion has received a letter from the The Nasdaq Stock Market (“Nasdaq”) indicating that its stock will be delisted from Nasdaq because of its bankruptcy filing. According to a filing with the SEC, if the company does not appeal Nasdaq's deter
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