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
Category: Footwear
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%…
LaCrosse to Ship More Cold Weather Boots to Marines
LaCrosse Footwear, Inc.'s Danner subsidiary won a $900,000 delivery order under its Mountain Cold Weather Boot contract with the United States Marine Corps. Danner will supply the troops in Afghanistan with 5,730 pairs of the boot in several shipment
Amer Sees Winter Sports Weakness Drag Q4, 2007 Results
Amer Sports reported a 14.5% decrease in fourth quarter sales to €497.1 million ($720.0 mm) from €581.6 million ($750.0 mm) for the year-ago period. For the full year, net sales decreased 7.8% to €1.65 billion ($2.26 bn) from €1.79 billion ($2.25 bn) last
Centerstone Software Processed $1.2Bn in Orders in 2007
CenterStone Technology’s e-commerce solutions, Escape and iVendix, processed more than $1.2 billion in wholesale transactions in 2007. The number of companies actively using iVendix grew 53 percent to 9,725 over 2006. iVendix processed 144,002 orders, an
Spyder Acquires Cloudveil
Spyder Active Sports, Inc said it acquired Cloudveil Mountain Works, Inc. Under the agreement, Cloudveil will remain a separate brand entity and operate as a wholly owned, independent division of Spyder Active Sports. Cloudveil’s founders, President Brian
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