Payless ShoeSource, Inc. saw small sales gains during the second quarter, but work on the back-end in the form of a better merchandise margin and increases in average unit retail helped the company enjoy a major advance on the bottom line. Same-store sale
Category: Footwear
Barington Picks Up Warnaco Stake; Seeks Improvements…
The Barington Group has acquired approximately
5.6% of the common stock of The Warnaco
Group, Inc. Barington stated in a filing
with the SEC that it believes Warnaco to be
undervalued and that it wishes to engage in
discussions with senior management conc
Asics Wins First Round in Trademark Suit Against Payless…
ASICS America Corporation and ASICS Corporation
Japan reported late last week that they
have been granted a motion for preliminary
injunction enjoining Payless Shoesource, Inc.
from infringing the ASICS Stripe Design Trademark…
Fortress Watches Partners with ESA and ISF
Fortress Watches inked deals to become Official Timing Sponsor of both the Eastern Surfing Association (ESA) and the Interscholastic Surfing Federation (ISF). In addition, Fortress was chosen by Surf Expo as one of ten new up and coming action sports bra
Everlast Expands License with Sports and Leisure Tech
Everlast Worldwide Inc. has extended their license with Sports & Leisure Technology Corp., a division of Sportline, Inc. for the company to make Everlast branded fitness-related toys and heart rate monitors in the United States and Canada…
Saucony Awards Run For Good Grants
Saucony annouced the first recipients of its Run For Good Program grants. Included are Peachtree Running Club, Peachtree, Georgia; Kittering Classical Elementary, Long Beach, California; Rustic Lane Joggers Club, Riverside, California; Iowa Kidstrong, D
Gander Mountain Narrows Q2 Loss Despite Comp Sales Decline…
Gander Mountain benefited from good summer weather, an expanded footprint, and controlled spending during the second quarter, but still saw consistently declining comp store sales. In spite of this mid-single digit decline in top-line comp sales, the com
Warnaco Swim Gets Speedo Lift…
Warnaco Swimwear Group net revenues increased 17.6% to $130.8 million in the 2006 second quarter, compared to $111.3 million in the year-ago period, primarily due to the recovery of revenues that fell out of the first quarter combined with an increase in
True Temper Posts Q2 Loss…
True Temper Sports, Inc. saw net sales for the second quarter decrease 5.8% to $30.7 million from $32.6 million last year. Sales of Golf Shafts decreased 7.5% to $28.5 million from $30.8 million last year. Gross margin decreased 530 basis points to 35.4%
Pahr Fairway Essentials Adds Gilkison as VP
Andy Gilkison, a 14 year golf industry veteran in sales and management, has joined PAHR as Vice President / Partner of the apparel upstart. The lifestyle golf apparel company will launch this Fall. In his new position, Gilkison will oversee distribution
RECALL: Brunswick Chairs and Stools
Brunswick Corp. is recalling about 22,400 of its Frameworx Table Height Chairs and Bar Stools, because the down shaft on the seat plate assembly can fracture, which can cause an occupant of the seat to fall. Brunswick has received reports of 20 incidents
Big City Mountaineers Has Successful OR of Fundraising
Big City Mountaineers raised an excess of $5,000 at OR Summer Market 2006 through numerous fundraising events.
Many outdoor manufacturers held events that either fully or partially benefited BCM, including: JanSport’s Shake ‘n Bake; Highgear’s Time for Te
Hibbett SG Lowers Q2 Guidance Despite 11% Sales Jump…
In a preliminary sales report, Hibbett Sporting Goods saw strong top-line results for the second quarter for fiscal 2007, but now expects to report net income per diluted share of 12 cents to 13 cents versus the previous guidance for the second quarter of
Asics Q1 Rides non-Japan Gains…
For the first quarter ending June 30, Asics Corp. saw net sales increase 21.3% to ¥51.7 billion ($452.8 million) from ¥42.6 billion ($396.5 million) last year. Gross margin for the company improved 280 basis points to 45.8% of net sales from 43.0% during
New Balance Acquires Brine…
New Balance has acquired Brine, Inc. for an undisclosed amount. Jim Davis, Chairman and CEO for New Balance said that the acquisition will allow the company to broaden its product offering on a global scale. This will also give New Balance a much larger f
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal