Category: Footwear

Garmin Fitness, Outdoor Up in Q1

May 9, 2011 SGB Update

Garmin Ltd. reported net sales of its Outdoor segment reached $66.5 million during the first quarter ended March 26, up 11.9 percent from a year earlier, while sales in its Fitness segment jumped 30.0 percent to $56.4 million…

Avalanche Claims Mountain Hardwear Athlete

May 9, 2011 SGB Update

Ski Mountaineer Kip Garre and his girlfriend Allison Kreutzen were killed April 26 in an avalanche at about 11,000 feet while climbing the Split Couloir, a steep gulley on Split Mountain in California’s eastern Sierra Mountains…

Johnson Outdoors Reports Record Q2 Sales and Earnings

May 6, 2011 SGB Update

Johnson Outdoors Inc., which makes Old Town canoes, Minn Kota trolling motors and Eureka! tents, reported record sales and earnings in the second quarter ended April 1. Total net sales grew 14.1 percent to $128.9 million compared to net sales of $112.9 mi

Steven Madden Q1 Profit Rises

May 5, 2011 SGB Update

Steve Madden reported first-quarter net sales increased 25.9 percent to $165.8 million. Retail comparable store sales increased 12.0 percent in the period. Net income increased 16.0 percent to $17.9 million, or 63 cents per share, compared to $15.4 millio

Primus/Jetboil Infringement Lawsuit Dismissed

May 5, 2011 SGB Update

The United States District Court for the District of Delaware has dismissed with prejudice the case of Jetboil, Inc. v. Fenix Outdoor AB et al, Primus announced. This lawsuit was brought by Jetboil to halt marketing and sales efforts of the Primus EtaSolo

Adidas Hikes Guidance as Q1 Profit Jumps 25 Percent

May 5, 2011 SGB Update

Adidas Group's earnings climbed 25 percent in its first quarter as sales grew 18 percent on a currency-neutral basis. Adidas brand and Reebok sales increased 18 percent and 24 percent respectively. Adidas now expects Adidas Group sales to increase at

Target Says 13.1 Percent April Comps Disappoint

May 5, 2011 SGB Update

Target Corporation reported that its net retail sales reached $4.87 billion in April, an increase of 13.7 percent from the same period a year ago. Comparable-store sales came it at 13.1 percent, but still disappointed executives, who say spending by the d

BJ’s April Comps Climb 8.5 Percent

May 5, 2011 SGB Update

BJ's Wholesale Club, Inc. reported that sales for April 2011 increased by 12.2 percent to $871.7 million from $777.0 million in April 2010. Comparable club sales for April 2011 increased by 8.5 percent, including a contribution from sales of gasoline

J.C.Penney Sees 6.4 Percent Comp Gain

May 5, 2011 SGB Update

J.C.Penney Company, Inc. reported that its comparable store sales for the four-week period ended April 30, 2011, increased 6.4 percent over last year. Women's and children's apparel reported the strongest results in April, followed by men'

Ross Stores April Same-Store Sales Up 10 Percent

May 5, 2011 SGB Update

Ross Stores, Inc. reported sales increased 14 percent to $651 million for the four weeks ended April 30, 2011, up from $570 million a year ago. Comparable store sales for the month increased 10 percent on top of a 3 percent gain in the prior year period..

Edwin Watts Golf Expands Think Golf It’s Friday Tour

May 4, 2011 SGB Update

Edwin Watts Golf said its Think Golf It's Friday consumer retail tour, which debuted in early February, has been expanded to more than 30 store locations. Many stops on the 2011 TGIF TOUR have evolved from a series of two-day events designed to promo

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