Wilson Sporting Goods Co., the maker of the Official NCAA Game Ball, launched a “Show Your NCAA March Madness” contest in which fans take their craziest NCAA March Madness photo with an NCAA Wilson basketball for a chance to win $10,000 in Wilson equipmen
Category: Footwear
New City Sports Owners Plot National Expansion…
City Sports has a new equity partner with big plans to expand the metro specialty sports chain across the nation, a move that may signal the next phase of sports retailing in the U.S. Highland Capital, which acquired an 80% stake in the business and was
Foot Locker, Inc. Takes its Lumps in Q4 and Gears Up for Improved 2008 Comps…
Foot Locker, Inc. suggested that the 2007 Holiday season was one of the most difficult retailing periods in the U.S. in many years, but the world’s-largest-athletic-specialty-retailer saw the trend early and aggressively liquidated inventories to end the
Genesco Inc. Sees Fourth Quarter Results Take a Turn for the Worse…
Genesco Inc. is looking forward to putting the failed merger with The Finish Line behind them and fully concentrating on their business that has struggled for the last few quarters. The good news is that their three sport- or lifestyle-oriented businesse
A Look Inside the GSCO/FINL Settlement…
At the beginning of its quarterly conference call with analysts, Genesco chairman and CEO Hal Pennington provided an overview of the details of the settlement with The Finish Line and UBS. While the settlement calls for GCO to receive a cash payment of $
Fila Completes EMEA Deal…
Fila completed the sale of the subsidiaries comprising Fila's European, Middle East, African and Indian businesses (EMEA) to the European based management team. It also entered into a long-term license for the Fila brand in the EMEA region…
Zumiez Sees Fourth Quarter Sales Grow, But Sees Tough H1 Ahead…
For the fourth quarter, net sales totaled $126.6 million, an increase of $14.2 million or 12.7%, compared to $112.4 million in last year's fourth quarter. When the additional week from fiscal 2006 is excluded, net sales were up 18.5% in the fourth qu
Brooks Sports Boasts 17.5% Revenue Increase…
Brooks Sports, Inc.'s revenues grew 17.5% to more than $170 million in 2007. Sales rose 20% domestically and in excess of 19% internationally. Additionally, the running brand delivered operating earnings that were up 39%…
Sport Supply to Switch to Nasdaq
Sport Supply Group, Inc. plans to transfer the listing of its common stock from the American Stock Exchange to the NASDAQ Stock Market…
Dick’s Sponsors Fox Soccer’s Season Preview
Fox Soccer Channel will air its 2008 MLS Season Preview Show, presented by Dick’s Sporting Goods on Sunday, March 23, at 8:00 p.m. ET. The show will close with host Max Breto's predictions for the 2008 season and a preview of Fox Soccer Channel’s ope
Famous Footwear Fourth Quarter Profits Fall…
Hurt by lower sales and a highly promotional climate, Famous Footwear's fourth quarter operating earnings fell 40% to $13.4 million from $22.5 million a year ago. On a conference call with analysts, Joe Wood, president, Brown Shoe Retail, noted that
Timberland Increases Stock Buyback Program
The Timberland Co. announced that its Board of Directors has authorized the repurchase of up to an additional six million shares of the company's Class A Common Stock. This additional program supplements the company's current six million share a
Jarden Sees Savings at K2…
Jarden Corp. is on track to cut $29 million in costs in 2008 thanks largely to cost savings it has identified at K2. That cost cutting, moreover, may even bring assembly or manufacturing jobs back to Mexico or the United States. The company cut $12 millio
Dussault Apparel to Acquire Dayton Boots
Dussault Apparel, Inc. has signed a non-binding Letter of Intent to acquire Vancouver's legendary Dayton Boots Enterprises, Inc. Dayton, which sells shoes and boots through retailers across Canada, has been led since February 2007 by CEO Stephen Enca
Heelys Posts Q4 Loss, Sales Tumble 86%…
Heelys Inc. swung to a fourth quarter loss on higher returns and markdowns, while sales tumbled 86% to $9.8 million from $71.1 million. The $5.5 million loss, or 20 cents a share, included $3 million to increase its reserve for marketing discretionary fun