SGB Executive Outdoor
Billabong Acquires Retailer Quiet Flight
Billabong has completed an agreement to acquire the retail operations of Quiet Flight, an East Coast retailer and the operator of 13 stores, including the flagship Billabong and Element retail stores in New York. Quiet Flight’s retail management team is b
Wiseman Relieves McDonald At VF’s Helm
Mackey J. McDonald will retire as Chairman of the Board and as a Director of VF Corporation, effective August 1, 2008. VF’s Board of Directors has elected President and Chief Executive Officer Eric C. Wiseman, 52, to the role of chairman upon McDonald’s r
BJ’s May Comps Rise 13.4% on Gas Boost
BJ’s Wholesale Club, Inc. saw net sales increase by 15.9% to $824.3 million from $711.0 million in May 2007. On a comparable club basis, sales for May 2008 increased by 13.4%, including a contribution from sales of gasoline worth 6.6%…
Dillard’s Comps Decline 7% in May
Dillard’s, Inc. announced that sales for the four weeks ended May 31, fell 5% to $499.7 million from $527.9 million. Comps decreased 7% for the four-week period. Sales of cosmetics and shoes were significantly above trend while sales in the home and furni
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…
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
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
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…
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…
