Magic International has cut back its tradeshow format to a three-day event from its past four-day length. The change in structure came about as a result of both exhibitor and visitor requests. Magic, WWDMagic, Magic Kids and Sourcing at Magic are all affe
Category: Outdoor
Outdoor Coalition Leads VF Corp. to Fifth Consecutive Year of Record Results…
What economic slow down? That might as well be the slogan at VFC Corp., which broke the $7 billion barrier in 2007 and reported its fifth consecutive year of record results. At a time when many apparel companies are backpedaling, VFC surpassed its own bul
Co-Founders Buy Back prAna…
The week's second high-profile deal involved Beaver Theodosakis and his co-founders taking back prAna from Liz Claiborne with help from PE firm Steelpoint Capital Partners in a management led leveraged buyout. prAna was acquired by Liz for $34.4 mil
Clock Ticking for Kellwood Shareholders…
Kellwood Company entered into a merger agreement with Sun Capital providing for a prompt merger if Sun Capital's tender offer is successful on February 12. The KWD Board of Directors is now recommending that stockholders tender their shares into the
Cloudveil Caught in a Spyder’s Web…
The industry's other big deal of the week was Spyder Active Sports, Inc.'s acquisition of Cloudveil Mountain Works, Inc. Although it is essentially a transaction between two private equity firms, Cloudveil VP, co-founder and product designer Ste
But West 49 Hurt by Weak Dollar…
West 49 Inc., an action sports retailer in Canada, reported that fourth quarter net sales increased 0.8% to CA$62.4 million ($63.1 mm) from CA$61.9 million ($53.8 mm) for the fourth quarter of fiscal 2007…
More from Softgoods on the Trade Show Circuit…
Holden founder and now co-owner Mike LeBlanc sat down with BOSS to talk over the major developments for his brand, namely, the end of the company’s relationship with K2 and new parent company, Jarden Corp. Previously, the Holden side of the business took
Nike Creates Pink Uniforms to Support Cancer Research
Nike announced that it will support the Women's Basketball Coaches Association's (WBCA) Kay Yow/WBCA Cancer Initiative week by creating head-to-toe pink uniforms for four of its partner schools. The special pink uniforms will be worn Feb. 10 whe
Allied Capital Commits $68 Million to Augusta Sportswear
Allied Capital Corporation said it has invested $68 million of secured second lien debt plus a minority equity co-investment to support the buyout of Augusta Sportswear Group by private equity firm Quad-C Management. As reported, Linsalata Capital Partner
Shoe Carnival Reports 5.7% Decline in Q4 Comps
Shoe Carnival, Inc. reported a 7.3% decline in sales for the thirteen-week fourth quarter to $164.3 million from sales of $177.2 million for the fourteen-week period last year. Sales of approximately $11.5 million were recorded in the extra week of the fo
Costco Reports 7% Rise in January Comps
Costco Wholesale Corporation reported an 11% increase in net sales for the four weeks of fiscal January to $5.11 billion from $4.62 billion in the same four-week period last year. Comparable store sales increased 7% for the month…
Stage Stores January Comps Inch Up 1.0%
Stage Stores, Inc. reported total sales for this year’s four-week January period were $82.1 million vs. $99.5 million for last year’s five-week January period. Excluding last January’s fifth week sales of $21.4 million, the company achieved an overall sal
Timberland Sees Net Income Down 33.4% on Sales Decline
The Timberland Company recorded fourth quarter net income $24.1 million, down 33.4% from the year-ago result of $36.2 million. Revenue fell 9.3% to $442.7 million as U.S. revenues declined 17.3% to $258.6 million. Foreign exchange rate changes increased f
DSW Comps Fell 1.7% in Latest Quarter
DSW Inc. reported net sales for the thirteen-week quarter ended Feb. 2, 2008 increased 1% to $332.5 million compared with $329.1 million for the fourteen-week quarter ended Feb. 3, 2007. Same store sales decreased 1.7% for the comparable thirteen-week per
Nordstrom Comps Drop 6.6%
Nordstrom, Inc. reported January same-store sales decreased 6.6 percent and total sales decreased 20.3 percent. Sales fell to $486.3 million for the four-week period ended February 2, 2008, compared to sales of $610.1 million for the five-week period ende
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