Nordstrom, Inc. has signed a letter of intent with Endeavor Real Estate Group to open a Nordstrom store at The Domain, a mixed use community being developed in Austin, Texas. The new two-level, 149,000 square foot Nordstrom store is scheduled to be comple
Category: Footwear
Adams Golf Sees Q4 Sales Jump
Adams Golf reported net sales increased 35.1% to $13.1 million for the fourth quarter from $9.7 million in the comparable period last year. The company used the sales gains to switch last year's net loss of $1.0 million to a net income of $4.4 millio
Famous Footwear Profits Soar 49.2% in Q4.
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
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…
K2, Inc. Grabs Snow Sports Market Share in Fourth Quarter…
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
Payless to Acquire Collective
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…
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
Vail Second Quarter Earnings Climb
Vail Resorts, Inc.'s mountain segment reported a 10.5% increase in fiscal second quarter revenues to $272.0 million from $246.2 million for the comparable quarter last fiscal year. Mountain expense increased $9.2 million, or 6.1%, to $159.9 million.
Heely’s Rolls Through First Quarter in Public Eye…
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
Iconix Closes Danskin Acquisition
Iconix Brand Group, Inc. has completed the acquisition of the brand Danskin. The purchase price for the transaction was $70 million with a contingent payment of an additional $15 million, to be payable in cash or stock, based on the brand exceeding certai
Franklin Sports Underwrites SGMA Show Fees
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…
adidas Group Passes €10 Billion Mark for 2006; Reebok Drag Persists…
At this time last year, management at adidas Group were busy working on the integration of a recently-acquired Reebok business, contending with a sharp decline in order backlog, a projected sales decline, lower margins, and lower operating margins for the
NBA Sees Record All-Star Sales
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…
Foot Locker Sees Reduced Promos Boost Profits…
Foot Locker Inc. management said they took their foot off the promotional pedal during much of the month of December in the U.S. and for most of the entire fourth quarter in Europe, a move that helped the world’s-largest-athletic-specialty-retailer post s
Finish Line Continues to See Weakness in Women’s in Fiscal Fourth Quarter…
The Finish Line, Inc. saw overall net sales increase 7.5% to $429.0 million for the fourteen week fourth quarter through February from $399.2 million for last year's thirteen week quarter. Excluding the fourteenth week this year (approximately $24.2