SGB Executive Outdoor
Wal-Mart’s May Comps Climb 4.4%
Wal-Mart Stores, Inc. reported total comparable store sales rose 3.9%. Comps rose 4% at the Wal-Mart chain and 3.6% at Sam's Club. Comparable store sales in the Wal-Mart U.S. segment during the four-week May period were strong in grocery, health and
Icebreaker Names Northeast Reps
Icebreaker said Bragg-Curtis will be representing the brand in the Northeast territory, effective immediately…
Gander Mountain Loses $24.4 Million in Q1
Gander Mountain Co. reported sales climbed 18.2% to $207.7 million for the first quarter ended May 3, 2008. Comps decreased 6.7% in the first quarter. The 2008 period includes $19.7 million in direct marketing revenue due to the acquisition of Overton
Stream Works Taps Harden as EVP
Steve Harden, director of sales of adidas for 4 years and the previous 7 years in various sales and marketing positions within the brand, was appointed EVP of marketing and sales of Stream Works and Hat Tail, makers of fishing gear and headwear. Harden wi
VonZipper Names Surf Marketing Manager
VonZipper appointed Mike Parsons as the new surf marketing manager at VZ…
Lafuma group Taking Over Eider
The Lafuma group has taken initial steps to take over the high-end French mountain apparel company Eider. The transaction should be finalized mid-June. Eider posted sales of €21.4 million ($29.3mm) in 2007, including 45% from international sales…
Lululemon Doubles Profits; Slightly Lowers Guidance
Lululemon Athletica said its first-quarter profit more than doubled, but slightly lowered its forecast for the the year due to incremental hires and other strategic initiatives. Earnings for the 13-week period, ended May 4, rose to $8.48 million, or 12 ce
Bruyneel Joins World Bicycle Relief
Johan Bruyneel, the most winning Sports Director in cycling history, has joined the Board of Directors of World Bicycle Relief. Bruyneel is the mastermind behind eight of the past nine Tour de France victories, including Lance Armstrong’s record-setting s
Zeal Optics Opens Boulder DC
Zeal Optics has opened a new distribution, customer service and showroom at its new facility on Pearl Street in Boulder CO…
FINIS Names VP of Sales
FINIS, the maker of swimwear products based in Livermore, CA, named Byron Dana Lindstrom as its VP of sales. Previously, he was EVP of sales with ACCUSPLIT…
Reebok Forms Argentina Joint Venture
The adidas Group and Brazilian shoe company Vulcabras S.A. have agreed to form a joint venture company to distribute Reebok footwear, apparel and accessories in Argentina. Adidas said the transaction does not affect sales and profitability expectations fo
Patagonia’s Crooke Joins Hot Topic
Michael Crooke, former CEO of Patagonia and Pearl Izumi, has become president of Hot Topic, the teen chain. Crooke will oversee all elements of the Hot Topic brand including music, merchandising, planning and allocation, marketing, store design and visual
Nüwa Textiles and its Partners Weave a Sustainable Reality
One of the largest weaving mills in Asia, Nüwa produces more than 20 million yards of fabric per month. Moreover, the company is at the forefront of developing and implementing eco-friendly textile production equipment and processes…
ASICS Fiscal Year Sales Jump, But Net Slides
ASICS Corp. reported a 16.3% jump in net revenues for the fiscal year ending March 31, 2008 to ¥226.17 billion ($1.99 bn) from ¥167.52 billion ($1.67 bn) last year. Growth in footwear and equipment more than offset a modest decline in apparel sales. Net i
Collective Brands Reappoints Three Directors
Collective Brands, Inc. said Matthew E. Rubel, its CEO and president; Judith K. Hofer, retail consultant; and Robert F. Moran, president and COO of PetSmart, Inc. were re-elected to the Collective Brands Board of Directors at its annual shareholder meetin
