SGB Executive Outdoor
Famous Footwear Posts 7.6% Q1 Sales Gains
Brown Shoe Company, Inc. reported consolidated first quarter net sales of $566.3 million, a decrease of 1.6% from $575.5 million in same period last year. Net earnings were $9.6 million down from $10.0 million in the prior-year period. Total sales at Fam
Execute Sports Outlines Plan for 2007
Execute Sports Inc. announced several strategic initiatives for the rest of 2007 and summarized key achievements for the past 18 months including the closures of Eagle Rider clothing, Kampus wakeskates and Collective Development bags as well as office and
Shoe Carnival Q1 Earnings Slip on Tough Retail Environment
Shoe Carnival, Inc. net earnings for the first quarter were $7.3 million, or 53 cents per diluted share, compared to net earnings of $7.4 million, or 54 cents per diluted share, for the prior year first quarter ended April 29, 2006. Net sales decreased 1
Ashworth Restructures Management and Staff
Ashworth, Inc. will undergo a series of personnel changes. Edward (“Eddie”) J. Fadel has returned to Ashworth as President, effective immediately. Gary I. (Sims) Schneiderman, President, has left the Company to pursue other interests. Peter E. Holmberg, E
SIMA Announces Award Winners
The Surf Industry Manufacturers Association (SIMA) announced the winners of the fifth annual SIMA Image Awards. Winners included Billabong, Volcom, Vans, Vestal Watch, L*Space and Future Systems.
Nordstom Ups Guidance on Strong First Quarter
Nordstrom, Inc. reported net earnings of $156.8 million, or 60 cents per diluted share, for the first fiscal quarter ended May 5, compared to $131.2 million, and 48 cents per diluted share, in the year-ago quarter. Total sales in the first quarter increa
JC Penney Exceeds Wall Street Expectations in First Quarter
J. C. Penney Company, Inc. reported total net sales increased 3.1% to $4.35 billion for the first fiscal quarter ended May 5, compared to $4.22 billion in the year-ago period. Operating income improved 60 basis points to 9.6% of sales, driven by improveme
Kohl’s Ups Annual Outlook on Strong Q1 Results
Kohl’s Corporation reported a 24.9% increase in net income for the fiscal first quarter ended May 5, 2007. Net income was $209.0 million, or 64 cents per diluted share, compared with $167.2 million or 48 cents per diluted share, in the year-ago period. Ne
Bag Boy Co. Names New Product Managers
The Bag Boy Company named Jennifer Allison as product manager for Bags/Travel Covers, and Mike Gann as product manager for the Cart Division…
Fila Taps Fendell for VP of Sales Role
Fila USA named athletic footwear and apparel industry veteran Bruce Fendell as its new VP of sales. Fendell, 51, joins Fila USA after spending the past four years as SVP sales for the On-Field division of Reebok International. Prior to his time at Reebok,
Collective Signs License for Airwalk Apparel
Collective International, LP has granted a license to New York-based Fashion Options for Airwalk branded apparel and accessories in the United States. The initial product offering will hit shelves as early as Fall 2007. To support the Airwalk apparel coll
SmartWool Advocacy Program to Donate Over $90,000
SmartWool Corporation's latest round of grant recipients from the SmartWool Advocacy Program includes the SmartWool Advocacy Fund and the SmartWool Breast Cancer Fund. This round of grants will see over $90,000 in financial and product support distr
Genesco to Shutter 57 Urban Doors; Lowers Q1 Guidance
Genesco Inc. plans to close or convert up to 57 underperforming stores, primarily in the Underground Station Group, but also including up to 8 urban stores in the Hat World Group. In addition, Genesco lowered its earnings outlook for the quarter to a rang
Pacific Cycle Should See Strong 2007
Dorel recently issued a statement regarding their upbeat outlook for the 2007 fiscal year. In the Recreational/Leisure division, after two years of limited growth at Pacific Cycle, 2007 is shaping up as a much better year, according to management…
Sugoi to Sponsor Five Marathons
Sugoi announced a three-year partnership with Elite Racing to be a corporate sponsor and the official technical apparel sponsor for five annual Elite national marathons and half-marathons. Beginning with the Country Music Marathon & ½ Marathon in April, 2
