Category: Footwear

Frozen February Slows Retail Comp Sales Growth

March 12, 2007 SGB Update

As blizzards and freezing temperatures swept across much of the country in February, consumers were left sitting at home waiting for the spring thaw to finally arrive. Retailers, meanwhile, were left waiting for those very consumers to return to the cash

Iconix Brand Group Acquires Rocawear.

March 12, 2007 SGB Update

In its biggest acquisition yet, Iconix Brand Group reached an agreement to buy Rocawear for $204 million. Another $35 million may be included in the purchase price based upon the brand passing certain pre-determined performance thresholds over the next 3

Rocky Brands Sinks into the Red in Q4…

March 12, 2007 SGB Update

Hurt by a slowdown in its western boot business, Rocky Brands Inc. reported a loss of $100,000 against a profit of $2.6 million, or 46 cents per share, a year ago. Revenues fell 5.7% to $70.6 million from $74.9 million…

SGMA: Sporting Goods Industry Hits $66 Billion

March 12, 2007 SGB Update

According to SGMA’s annual The State of the Industry report, wholesale sales in the sporting goods industry increased 7.6% to $66.44 billion during 2006, up from $61.75 billion in 2005. This top line number includes sales of athletic footwear, apparel and

Ashworth Sees Domestic Woes Plague Q1 Results…

March 12, 2007 SGB Update

Growth overseas was not enough to offset decreases in the U.S. for Ashworth during the company’s fiscal first quarter. The overall sales decline, paired with increased expenses as well as decreased gross margins related to the “underutilization of the Emb

Famous Footwear Profits Soar 49.2% in Q4.

March 12, 2007 SGB Update

Brown Shoe Co. reported fourth-quarter operating profit at the Famous Footwear chain jumped 49.2% to $22.5 million. Revenues grew 13% to $320.9 million on a 2.9% comp gain. Famous Footwear’s bottom line was helped by an increase in regular-priced sales a

Fleet Feet Boasts 17.5% Comp Gain in 2006

March 12, 2007 SGB Update

Fleet Feet recorded 19.9% growth in sales in 2006 surpassing $63 million in revenue compared to $52 million in 2005. Comp-store sales were up 17.5% on top of the 16.1% increase posted in 2005. The franchisor expects to add 7 more franchisees this year…

Payless to Acquire Collective

March 12, 2007 SGB Update

Payless ShoeSource inked a deal to acquire Collective International, a licensing platform that manages the Airwalk, Vision Street Wear, Lamar, Sims, LTD, genetic, Dukes, Rage, Ultra-Wheels and Skate Attack brands. When the deal closes, Collective will bec

K2 Grabs Snow Sports Market Share in Q4…

March 12, 2007 SGB Update

K2 Inc. appears to be the only publicly reporting Snow Sports company to see any up-side in the 2006-07 winter season. The company reported solid top-line and bottom line growth during the fourth quarter with these results primarily driven by winter sport

Heely’s Rolls Through First Quarter in Public Eye…

March 12, 2007 SGB Update

Heely's, Inc. ended its first quarter as a public company at the same time as it ended its first fiscal year, all the while reporting triple-digit growth for sales and earnings for both periods. Sales grew both within the U.S. and without, with domes

Franklin Sports Underwrites SGMA Show Fees

March 12, 2007 SGB Update

Access to SGMA Spring Market is extended free of charge to all attendees registering through March 31, thanks to Franklin Sports, which is underwriting this month’s attendee registration fees – a savings of $50 per attendee…

NBA Sees Record All-Star Sales

March 12, 2007 SGB Update

The NBA said that on-site retail merchandise sales during All-Star 2007 in Las Vegas increased by 54% versus the prior sales record set in Los Angeles in 2004…

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