Crocs, Inc. and Jibbitz, LLC ahve entered entered into a licensing agreement with Warner Bros. Consumer Products on behalf of Looney Tunes, Hanna-Barbera, and Scooby-Doo for use with their footwear and shoe charms. The new Crocs footwear designs will feat
Category: Outdoor
Target’s Comps Jump 5.8% in May
Target Corp reported that sales for the four weeks ended June 2 increased 10.1% to $4.33 billion from $3.93 billion a year ago. On this same basis, comparable-store sales increased 5.8 percent. In the 2006 May period, comps grew 5.7%…
Ross Stores May Comps Increase 1%
Ross Stores, Inc. reported sales of $450 million for May, a 9% increase over the $412 million in sales for the four weeks ended June 3, 2006. Same store sales for the four weeks ended June 2, 2007 increased 1% compared to the four weeks ended June 3, 2006
Nautilus to Open New Outlet Location in Oregon
Nautilus, Inc. is opening a new apparel and footwear factory outlet for cycling, running and fitness enthusiasts on June 8 at the Woodburn Company Stores complex along Interstate 5 at Woodburn, Ore. The 2,400-foot factory store on the north end of the co
Federated’s Comps Slide 3.3% in May
Macy’s, Inc. reported total sales during May decreased 2.3% to $1.98 billion from $2.024 billion a year ago. On a same-store basis, Macy’s, Inc. sales were down 3.3% in May…
American Skiing Company Sells Sunday River and Sugarloaf/USA
American Skiing Company entered into a definitive agreement to sell its Sunday River and Sugarloaf/USA resorts to Boyne USA, Inc. for $77.0 million in cash. Boyne will also assume $2.0 million in debt and other liabilities. The announced sale follows the
JJB Sports First Quarter Impacted by Low Soccer Jersey Sales
JJB Sports plc total revenue for the 18 weeks to 3 June 2007, including that from retail stores and from health clubs, was 1.2% lower than the same period last year and includes a comp-store decrease in revenue, of 1.8%. However, the combined gross margin
Everlast/Michelen to Launch Boxing Footwear
Everlast Worldwide Inc. has signed a worldwide license agreement with Michelin Lifestyle Limited (MLL) to create a new line of professional boxing footwear using patented tread technology inspired by the Michelin HydroEdge tire. The boxing footwear line w
Zumiez May Comps Grow 11.2%; Finds CFO
Zumiez Inc.'s sales in the four weeks ended June 2 jumped 51.6% to $22.7 million, with comparable stores ahead 11.2%. The action sports retailer also offered Trevor Lang, formerly VP of finance at Carter's Inc., its vacant CFO position…
Everlast Inks Licensing Deal with Michelin
Everlast Worldwide Inc. signed a worldwide license agreement with Michelin Lifestyle Limited. MLL has partnered with Everlast to create a new line of technically advanced professional boxing footwear. Everlast will launch the new professional boxing footw
L.L. Bean Plans Outdoor Theme Park in Freeport
L.L. Bean plans to develop a 700-acre outdoor adventure center in Freeport, with the goal of creating a national recreation destination. The project site is about a mile from its flagship store, and will feature lodging and dining facilities…
Recall: Cannondale Carbon Cranksets
Cannondale said it is recalling about 2,900 bicycles with carbon cranksets due to fall hazard…
DSW Q1 Net Income Up Despite Declining Comps
DSW Inc. reported that net sales increased 12.8% to $357.0 million for the first quarter ended May 5 from net sales of $316.5 million for the year-ago period. Net income rose 35.5% to $23.7 million compared to net income of $17.5 million in Q1 last year.
Under Armour Announces New Distributor for Benelux Region
Under Armour has signed an agreement with Unlimited Sports Group (USG), an integrated wholesale and retail organization, to manage the distribution of Under Armour products to Belgium, the Netherlands and Luxembourg…
Callaway Announces $100 Million Stock Buyback
Callaway Golf Company announced that its Board of Directors has authorized the company to repurchase up to $100 million of the company's common stock in open market or in private transactions…
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