Lids Sports Group has acquired Buckeye Corner stores, which operates in the Columbus, OH area. The acquisition is made up of four store locations, an e-commerce website, and a catalog business. Terms of the deal were not disclosed…
Category: Footwear
Ski Barn joins SMC
Snowsports Merchandising Corporation (SMC), the buying group of specialty ski and snowboard shops in the wintersports industry is pleased to announce Ski Barn has joined the group…
Golf DMD Sales Approaching $170 Million
Golf Datatech, LLC released a study finding that the size of the market for Distance Measuring Devices (DMD) is approaching the on-off course putter market in total sales, and may reach as high as $170 million in annual sales across all retail channels in
Under Armour Poised to Double Business by 2013
Under Armour Inc. has set a goal to double sales by 2013. The lofty projection to reach the $2.13 billion mark, made by company Founder, Chairman and CEO Kevin Plank at Under Armour’s investor meeting on Thursday, would assume a compounded annual gr
Jarden Corp. Sees Trade-Offs in Weather Issues
At Jarden Corp., President, CEO and COO Jim Lillie said the 2011-12 ski season is shaping up nicely…
Brown Shoe Co. Sees Move To Fashion-Based Purchases
Speaking at the Piper Jaffray Consumer Conference, Brown Shoe Co. President and CEO Diane Sullivan said footwear in general has been on an “incredible cycle” for the last 12 to 18 months…
Pacific Sunwear to Focus on Women’s Biz, Footwear Re-Entry for Growth
At the Piper Jaffray Consumer Conference, management for Pacific Sunwear said the retailer hopes to continue building momentum from its first positive quarterly comp since 2007 by continuing a re-branding effort in its stores…
Zumiez to Focus on e-Commerce, Canada for Growth
At the Piper Jaffray Consumer Conference, Zumiez management said one of the keys to growth would continue to be market consolidation as local shops continue to decline, yielding market share to larger chains…
Forzani Group Sees May Comps Resume Growth After First Quarter Decline
The Forzani Group Ltd. said same-store sales rebounded strongly in May after dropping off in the fiscal first quarter due to a late spring and the anticipated difficulty of matching sales from a year earlier when the Winter Olympics in Vancouver spurred s
Newton Running Gets Cash and Talent Infusion
The man that once built Reebok into the world’s top athletic footwear brand in the 80s has set his sights on the natural running category with an investment in Newton Running…
Puma NA Forms News Accessories Joint Venture
Puma has partnered with The Wheat Group, Inc. to create a joint venture, Puma Wheat Accessories, that will be fully focused on the development and growth of the U.S. accessories business for Puma…
Skullcandy Inc. Reports Fiscal Third Quarter Sales Spike As IPO Approaches
Skullcandy, Inc. which is in the midst of a $125 million IPO, filed a report with the SEC confirming that net sales for the third quarter ended March 31 increased $14.3 million, or 65.9 percent, to $36.0 million from $21.7 million for the three months end
Skechers, Li and Fung Team Up for Apparel Line
Li & Fung Ltd.’s LF USA division has teamed up with Skechers USA Inc., to sign a licensing deal to produce men’s and women’s apparel and accessories under the Shape-ups, Tone-ups and Skechers Resistance brands — three lines of shoes inte
Brazil Displaces China as Best Retail Expansion Market in A.T. Kearny Index
Brazil has replaced China as the most desirable country for global retail expansion, according to the latest Global Retail Development Index (GRDI) published by A.T. Kearny. Brazil rose from fifth place, while China fell to sixth place and Uruguay, Chile,
VF Corp. to Acquire The Timberland Co. in $2B Deal
VF Corporation and The Timberland Company today jointly announced that they have signed a definitive merger agreement. VF will pay Timberland shareholders $43 per share, representing a total enterprise value of approximately $2 billion net of cash acquire
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