Pacific Sunwear of California, Inc. fourth quarter of fiscal 2006 total sales were $458.2 million, an increase of 7.8% over total sales of $424.9 million for the fourth quarter of fiscal 2005 ended January 28, 2006. Same-store sales decreased 4.3% for the
Category: Outdoor
adidas Takes DFB to Court Over Contract
adidas will be taking the German Football Association (DFB) to arbitration court over a disagreement regarding the length of adidas' sponsorship agreement. adidas said in a release that it believed the deal “was effectually extended in August 2006 un
JC Penney to Open Logistics Center in California
J. C. Penney Company, Inc. will open a 436,000 square-foot cross-dock logistics center in Lathrop, Calif. The operation will occupy an existing building at 700 D'Arcy Parkway in the Crossroads Commerce Center. Its primary function will be to receive
Stride Rite Changes Shareholder’s Rights Plan
The Stride Rite Corporation's Board of Directors has adopted a new shareholder rights plan to replace its existing plan that was scheduled to expire in July 2007. The Plan is designed to enhance the Board's ability to protect shareholder interes
Polartec LLC Completes Acquisition of Malden Mills’ Assets
Polartec, LLC has completed the acquisition of the assets of Malden Mills Industries, Inc. Polartec, LLC will continue manufacturing operations at its Lawrence and Methuen, Massachusetts, Hudson, New Hampshire, and Shanghai, China plants. Michael Spillane
Athlete’s Foot Parent Inks Financing Deal for $150 Million War Chest
NexCen Brands, parent company to The Athlete's Foot, has entered into a master loan agreement arranged by BTMU Capital Corporation that will support the Company's strategic goals and provide additional capital for the acquisition of intellectual
Dick’s Sporting Goods Beats Guidance on 2% Comp-Sales Increase
Dick's Sporting Goods, Inc. net sales for the quarter increased 21% to $1.026 billion while comparable store sales increased 2.0% on a 13-week to 13-week comparable basis. Net income for the fourth quarter ended February 3, 2007 increased 33% to $67.
Woolrich President Roswell Brayton, Jr. Passes Away at 55
Woolrich has regretfully confirmed the sudden passing of its president, Roswell Brayton, Jr. Mr. Brayton collapsed yesterday afternoon at Woolrich headquarters in Woolrich, PA. He was rushed to Jersey Shore Hospital where medical personnel were unable to
Nau Open For Business
Nau Inc., an environmentally friendly outdoor apparel company from Portland, is finally open for business. After years of preparation and development, the outdoor company launched its e-commerce Web site last week, and announced plans to open four retail
Zumiez March Comps Up 12%
Zumiez Inc. saw total net sales for the month of March increase 43.9% to $20.7 million, compared to $14.4 million for the four-week period ended February 25, 2006…
L.L. Bean Tops $1.5 Billion; Will Continue Expansion Plans.
L.L. Bean reported net sales of $1.54 billion for its 2006 fiscal year ended February 27, a 4.6% increase over 2005 net sales of $1.47 billion…
Umbro’s U.S. Business Disappoints in 2006…
Umbro’s U.S. business has underperformed significantly in 2006 due to weakness at Foot Locker. The company said the U.S. performance “has not been in line with expectations, the shortfall resulting from reduced revenues from Foot Locker.” Overall, sales i
Sunglass Hut’s Turnaround Continues
Riding a new effort to reach more fashion-forward customers, Sunglass Hut just completed a two-year run of 32% comp gains in its North American stores, or about 16% a year…
Finish Line Continues to See Weakness in Women’s in Fiscal Fourth Quarter…
The Finish Line, Inc. saw overall net sales increase 7.5% to $429.0 million for the fourteen week fourth quarter through February from $399.2 million for last year's thirteen week quarter. Excluding the fourteenth week this year (approximately $24.2
Golf Town Sees 15% Annual Sales Increase
A strong fourth quarter led to a strong fiscal year for Canadian golf-specialty retailer Golf Town. For the fourth quarter, which ended December 31, 2006, net sales increased 16.4% to CA$37.7 million ($33.1 mm) from CA$32.4 million ($27.6 mm) on a 4.0% co