Bakers Footwear Group, Inc. announced net sales increased 33.9% for the third quarter, to $43.2 million from $32.3 million in 2004. Comparable store sales increased 21.0% compared to a 7.6% decrease last year. Net loss was $1.05 million, or 2.4% of net sa
Category: Footwear
Acquisitions Help a ‘Very Different’ G-III in Q3…
G-III Apparel Group saw its acquisitions of Winlit and Marvin Richards add substantial help on top of its organic sales growth during the fiscal third quarter ended October 31. On a conference call with analysts, management referred to “a very different
Vail Resorts Sees Healthy Signs for Ski Season…
While Vail Resorts is creating some consumer excitement over the coming 2005-06 ski season, the company’s first fiscal quarter, which relies primarily on real estate sales, conferences, and summer activities, is seeing some considerable improvements to it
Winterstick Moves Down the Road
Winterstick has expanded its Freeport, Maine headquarters in a new location. The expansion marks a significant growth step for the company, now occupying a 5,000 square foot space that brings a distribution warehouse, factory store, and increased office s
Scott USA Plans to Enter XC Full-Suspension Market
Scott USA will develop a new XC full suspension design for 2007. The company has been blocked from selling it’s Genius full suspension mountain bike in the US, though it will continue to sell this award winning design in some 60 other countries around the
Sears Holdings Looks to Acquire Sears Canada
Sears Holdings Corporation is proposing to acquire all of the outstanding common shares of Sears Canada Inc., for C$16.86 per common share in cash, after the distribution to shareholders of the C$18.64 per share distribution announced last Friday by the B
Specialized Wins FSR Patent Case
After a year and a half of arbitration and courtroom battles, Specialized has successfully defended its FSR suspension system. Under the terms of a recently reached agreement, Scott USA admits that its existing Genius bicycle suspension design infringes o
Easton Sports Canada Makes Organizational Changes
Easton Sports Canada announced several position changes to that will help the company to serve retailers throughout Canada and Europe. Luc Leboeuf will represent Easton hockey products in western Quebec. Jason Brown has joined the Canadian hockey sales ma
WESC Appoints Zobel as US Sales Director
“WeAretheSuperlativeConspiracy” announced that former Etnies Girl national sales manager, Sunny Zobel, has joined the WESC team as US sales director. Zobel will be based in the Culver City, CA WESC office and will begin her role immediately…
TSA Fined by NYC on Returns Policy…
The Sports Authority was one of three retailers fined by the New York City Department of Consumer Affairs on charges that the companies refused customer returns without disclosing conditions of their return policies. All three companies used return-track
Gildan Posts Strong Q4; Hints at Possible Sock Deal…
Gildan Activewear saw a strong fourth quarter help finish a strong 2005 that left the company with a decent chunk of cash on hand and several options to explore. Small one-time fees were about the only downside as management discussed growing market shar
American Recreation the Only Bright Spot for Kellwood…
Kellwood, parent company to American Recreation, continues to struggle with restructuring and creating a solid design infrastructure for many of its apparel brands. However, American Recreation, which includes Kelty, Sierra Designs, and Slumberjack, conti
OGIO Fights Against Bag Organizer Infringement
OGIO announced that it has issued more than a dozen cease-and-desist letters to golf retailers and bag manufacturers throughout the U.S., which the company feels are infringing on the its patented Woode organization technology…
ISIS Appoints Siquis as Agency of Record
ISIS announced the hiring of Siquis Ltd. of Baltimore, Maryland as the company's agency of record. Siquis will handle all aspects of the ISIS image including collateral, in-store merchandising, advertising, and website development…
Forzani Renovations Pay off; Q3 Corporate Comps Climb 3.2%
The Forzani Group Ltd. reported retail system sales for the third quarter were $307.6 million, an increase of $50.2 million, or 19.5% from $257.4 million. Total Revenue, consisting of corporate store sales, wholesale sales, service income, equipment renta