Trek Bicycle Corp. is recalling approximately 49,000 girls bicycles, because the bike frames may break while in use. Trek has received 13 reports of frames breaking, including four minor injuries. The recalled product is the Trek MT220 girls bicycles mode
Category: Footwear
But West 49 Hurt by Weak Dollar…
West 49 Inc., an action sports retailer in Canada, reported that fourth quarter net sales increased 0.8% to CA$62.4 million ($63.1 mm) from CA$61.9 million ($53.8 mm) for the fourth quarter of fiscal 2007…
Snow Sports Apparel to See Colors Explode for Next Season…
The softgoods market at SIA.08 saw an explosion of color as the 80’s retro wave begins to likely reach its crest. Bits and pieces of flannel and grunge-reminiscent looks that popped into single pieces in lines suggest that vendors are already beginning to
World Industries Partners with Dynasty Apparel for Youth Apparel
World Industries has partnered with apparel manufacturer Dynasty Apparel Industries to launch a young men's and boys apparel program. World Industries apparel will round out its existing business in skateboards, footwear, snow products and accessorie
Allied Capital Commits $68 Million to Augusta Sportswear
Allied Capital Corporation said it has invested $68 million of secured second lien debt plus a minority equity co-investment to support the buyout of Augusta Sportswear Group by private equity firm Quad-C Management. As reported, Linsalata Capital Partner
Saks Comps Grow 4.1%
Saks Inc. announced that January 2008 comparable store sales increased 4.1% over the prior year. Fiscal fourth quarter comparable store sales increased 9.0% over the prior year, which was consistent with management’s previously disclosed expectation of a
Target’s Comps Slide 1.1%
Target Corp. reported that its net retail sales for the four weeks ended February 2, 2008 increased 5.4 percent compared to the four weeks ended January 27, 2007. On this same equal-week basis, January comparable store sales decreased 1.1 percent. On a fi
Macy’s Comps Fall 7.1%
Macy's Inc. said same-store sales fell 7.1 percent in January. Much of that drop, however, was attributed to one fewer week in January 2008 versus January 2007, but same-store sales still missed Macy's estimate of minus 4 to 6 percent…
Nitches Acquires Backwoods
Nitches announced it has acquired outdoor lifestyle retailer Backwoods Equipment Company, whose operations consist of Backwoods stores and travel service Backwoods Adventures. Jennifer Mull will continue as CEO and President of Backwoods. Nitches, which i
Sun and Ski Upgrades Online Product Reviews
Sun & Ski Sports has chosen PowerReviews to collect, organize, structure and moderate customer product reviews on its Web site. The 15-store retail chain's e-commerce site advertises 1,000 SKUs from 100 brands…
Raleigh to Take Top Dealers to China
Raleigh USA recognized its top 25 Raleigh and Diamondback bicycle dealers for 2007 and said it would take them on a tour of its production facilities in China Feb. 23 through March 1.The itinerary includes visits to the cities of Shanghai, Guangzhou and H
Luxottica Expects to Exceed €6.1 billion by 2009
Luxottica Group S.p.A. expects to exceed €6.1 billion in consolidated sales for fiscal year 2009, assuming an average exchange rate of 1 euro = US$1.45, reflecting an increase of 27% at constant exchange rates from fiscal year 2007. Consolidated sales for
Callaway to Produce St Andrews Links Accessories
Callaway Golf has agreed to a five-year worldwide license with St Andrews Links to develop a dual branded range of golf accessories. The partnership, brokered by Copyright Promotions Sport on behalf of St Andrews Links, will allow the world famous St Andr
REI Boulder Receives Chain Store Age’s Store of the Year Award
Recreational Equipment, Inc. (REI) announced that it won Chain Store Age's 2007 Retail Store of the Year award for Environmental Sustainability for its Boulder, Colo. prototype store. The store is the first-ever award winner in the Environmental Sust
West 49 Q4 Comps Fall 4.5%
West 49 Inc., the Canadian action sports chain, said net sales in its fourth quarter rose 0.8% to $62.4 million from $61.9 million for same period last year. Comparable store sales decreased 4.5%…
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