Hanesbrands Inc., the parent of Duofold, and Champion, joined the Fair Labor Association and will undergo the FLA’s two-year implementation process for accreditation of the company’s global social compliance program. Participating companies in the FLA are
Category: Outdoor
Ashworth Inc. Starts New Fiscal Year with Slow Quarter…
Ashworth, Inc. had a tough start to its fiscal year as sales declines led to a broader quarterly loss. The first quarter is typically the smallest quarter for the company and positive growth seen in the core, domestic golf channel is a good sign, but that
The Athlete’s Foot Sees Q4 Comps Fall 9.6%…
The Athlete's Foot (TAF) saw comps decline 9.6% in the fourth quarter. Overall comps for its parent, NexCen Brands, Inc., were up 6.4%, led by a 25% gain by TAF internationally. TAF International constitutes 65% of NexCen's TAF stores. For all
Fleet Feet 2007 Comps Up 15%…
Fleet Feet, Inc. reported sales jumped 19% for fiscal 2007 with a 15% increase in comparable store sales. Net sales surpassed $75 million in revenue compared to $63 million in 2006. Twenty five stores recorded $1 million in annual sales in 2007 with the a
Everlast Elevates Geisler to Acting President Role
Everlast Worldwide Inc. named Adam Geisler as acting president of the company. The move follows last September's sale of Everlast to Brands Holdings, a subsidiary of U.K. retailer, Sports Direct. Former Everlast CEO and president Seth Horowitz has jo
NexCen Brands Names CMO
NexCen Brands Inc. named Joseph DiMuro, age 43, as executive vice president/chief marketing officer. He will be responsible for developing and executing a comprehensive marketing program for the NexCen family of brands…
Hibbett Sports Adds Two Directors
Hibbett Sports, Inc. announced that Albert C. Johnson and Terrance G. Finley have been appointed to the company's Board of Directors. The company also announced that current Board member Clyde B. Anderson will not stand for re-election at the 2008 An
Under Armour Relaunches Power in Pink Campaign
As part of its “Power in Pink” campaign, Under Armour is launching the second annual Undeniable Survivor Search in the U.S. and Canada. To help raise awareness of the importance of leading a physically active life in the fight against breast cancer, Under
Zumiez Sees Fourth Quarter Sales Grow, But Expects Tough H1 Ahead…
For the fourth quarter, net sales totaled $126.6 million, an increase of $14.2 million or 12.7%, compared to $112.4 million in last year's fourth quarter. When the additional week from fiscal 2006 is excluded, net sales were up 18.5% in the fourth qu
Vail Resorts Overcomes Late Snow By Raising Prices…
Late snow reduced ski visits – not including season pass holders – by 5.3% at Vail Resorts Inc.'s five western ski resorts in the second quarter ended Jan. 31…
Trek Founder Dick Burke Dies…
Trek Bicycle Corporation and Milwaukee, Wisc. are mourning the loss of Richard “Dick” Burke, the company’s co-founder and chairman, who died in a Milwaukee hospital last Monday of complications from cardiac surgery. He was 73…
Foot Locker, Inc. Takes its Lumps in Q4 and Gears Up for Improved 2008 Comps…
Foot Locker, Inc. suggested that the 2007 Holiday season was one of the most difficult retailing periods in the U.S. in many years, but the world’s-largest-athletic-specialty-retailer saw the trend early and aggressively liquidated inventories to end the
Genesco Inc. Sees Fourth Quarter Results Take a Turn for the Worse…
Genesco Inc. is looking forward to putting the failed merger with The Finish Line behind them and fully concentrating on their business that has struggled for the last few quarters. The good news is that their three sport- or lifestyle-oriented businesse
A Look Inside the GSCO/FINL Settlement…
At the beginning of its quarterly conference call with analysts, Genesco chairman and CEO Hal Pennington provided an overview of the details of the settlement with The Finish Line and UBS. While the settlement calls for GCO to receive a cash payment of $
Dick’s Sporting Goods Tempers Outlook on Weather Shifts, Weaker Economy…
Dick’s Sporting Goods Inc. reported that an abundance of cold weather in the fourth quarter slowed comp store sales to 2.7% for the period, cutting the golf season short. The same weather pattern is expected to cause first quarter same-store sales to dec
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