The Timberland Company reported a second-quarter net loss of $18.9 million, or 32 cents a share, versus a loss of $19.2 million, or 31 cents, a year ago. Revenues declined 6.3% to $209.9 million as declines in casual footwear, Timberland brand apparel and
Category: Footwear
Under Armour Reports 30% Sales Growth for Q2; Raises FY08 Operating Income Outlook
Under Armour, Inc. reported revenues increased 30% in the second quarter to $156.7 million from $120.5 million. in the second quarter of 2007. Second quarter net income dropped 75.4% to $1.4 million, or 3 cents a share, from $5.7 million, or 11 cents, a y
Under Armour Ups Guidance on 30% Q2 Sales Gain
Under Armour, Inc. reported revenues increased 30% in the second quarter to $156.7 million from $120.5 million. in the second quarter of 2007. Second quarter net income dropped 75.4% to $1.4 million, or 3 cents a share, from $5.7 million, or 11 cents, a y
Recall: New England Ropes/Lines
The U.S. Consumer Product Safety Commission and New England Ropes of Fall River, MA. announced a voluntary recall of Maxim Apogee and Maxim Pinnacle Dynamic Climbing Lines/Ropes. While no injuries have been reported, the company is advising consumers to i
Mervyns Files for Bankruptcy
Mervyns LLC filed for Chapter 11 bankruptcy late Tuesday. The mid-tier department store chain said it plans to keep its 177 stores open while they restructure the retailer's debt and “realign” business operations. The retailer said it has identified
Reebok-CCM Hockey Names Sports Mktg VP
Reebok-CCM Hockey appointed Glen Thornborough as VP, sports marketing, effective September 2. Thornborough joins Reebok-CCM Hockey from the ECHL, where he was most recently the senior vice president of m.arketing & business development..
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…
New Balance Partners with Nine West on Shoe Line
Nine West Group, a division of Jones Apparel Group, Inc. and New Balance announced that they have entered into an agreement to license, create and distribute a fashion-lifestyle footwear collection. Terms of the agreement were not disclosed…
New Balance Partners with Nine West on Shoe Line
Nine West Group, a division of Jones Apparel Group, and New Balance announced that they have entered into an agreement to license, create and distribute a fashion-lifestyle footwear collection. Terms of the agreement were not disclosed…
SportsOneSource Sees Growth Returning to Sport Footwear
The SportsOneSource Group expects to see the Sport Footwear business in the U.S. market grow in low-single-digits for 2008, according to statements made during the WSA Show in Las Vegas, NV. James Hartford, chief market analyst for the business informatio
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