SGB Executive Outdoor
Amer Sees Winter Sports Division Sales Outpace Expected Market Gains…
Amer Group's net sales in the fourth quarter declined 1.7% to €261.0 million ($338.3 mm) from €265.4 million ($316.0 mm) in the year-ago period. Full year net sales declined 3.2% to €1.06 billion ($1.32 bn), compared to €1.09 billion ($1.24 bn) in 2
CPSC Causes Confusion Over Dated Rossignol and Dynastar Recall
In response to a CPSC 'recall alert' issued last week, Rossignol has released a statement clarifying exactly which bindings were recalled. Apparently, the CPSC alert concerned a recall which began in December of 2003, and was completed within 60
Sees Class Action Suits Filed Over ‘Materially False’ Information…
Several law firms that specialize in class action suits have piled onto the initial shareholder class action lawsuit against Gander Mountain, claiming certain officers and directors within the company had prior knowledge about factors that devalued GMTN s
Huffy Sees the Other Legal Shoe Drop Over Gen-X Issues…
The class action bandwagon against Huffy Corp. is getting full after an initial class action suit was filed last wee alleging that Don Graber, Timothy Howard, Robert Lafferty and Paul D'Aloia, all current or former Huffy officers and directors, fail
Wolverine Posts Balanced 2004 Results; Merrell Backlog Jumps on Continuum Gains…
Wolverine World Wide, Inc. played up the World Wide in its name in both the fourth quarter and the year as the International business increased to 27% of consolidated sales, compared to 25% of sales in the prior year, and pre-tax earnings for the Internat
Moonstone Increases Doors By 50%…
Moonstone Mountain Equipment increased their door count by 50% over this time a year ago, passing the 300 locations mark for the first time sine London Fog acquired the brand in 2001. According to the company, the increase was primarily due to retailers’
Keen Funds Charities Through Ad Budget
In a sudden change of corporate spending plans, nearly $1 million originally allocated towards a 2005 Keen Footwear advertising campaign has been set aside for contributions to a variety of non-profit organizations that are important to the company and it
REI’s Madsen Founds (and Funds) Youth Outdoors Legacy Fund…
Retiring REI CEO Dennis Madsen has created a new foundation dedicated to introducing young people to the outdoors. The Youth Outdoors Legacy Fund will annually fund outdoor programs serving young people. Its end goal is to “…help youth develop a lifelong
Rebel Sports Shows Growth in Difficult Conditions…
Rebel Sports, Australia’s largest sporting goods chain, reported that fiscal 2004-05 first half sales increased 4.4% to AU$162.0 million ($118.9 mm). The company said that the rugby world cup, which occurred during the first half of fiscal 2003-04, booste
Winter Market Highlights Fashion and Fabrics…
The winter apparel categories are seeing many of the same trends BOSS noticed at Summer Market, with an emphasis on fashion and fabrics. Many companies are using unique or proprietary fabrics, along with ‘high-fashion’ inspired designs to differentiate th
Goody’s Reports 3.3% Sales Increase for Year; Comps Down 0.3%
Goody's Family Clothing, Inc. reported total sales of $61.2 million, an increase of 0.8% over $60.7 million for the year-ago, for the month ended January 29, 2005. For the year, Goody's posted a 3.3% increase in total sales with $1,267 million
Kohl’s January Sales Increase 11.2%; Comps Decrease 1.6%
Kohl's Corporation reported that sales for the four-week period ended January 29, 2005 increased 11.2% over the four-week period ended January 31, 2004. On a comparable store basis, sales decreased 1.6%. For the 2004 fiscal year, total sales increase
Saks Sales Increase 2.1%; Comps Up 0.8%
Saks Inc. announced that for the four weeks ended January 29, 2005 compared to the four weeks ended January 31, 2004, total sales increased 2.1% and comparable store sales increased 0.8% on a total company basis. By segment, comparable store sales decreas
Sears Announces Sales up 0.8% to $1.61 Billion for Q4…
Sears, Roebuck and Co. announced that comparable domestic store revenues increased 0.8% for the four weeks ended Jan. 29, 2005. Total domestic store revenues were $1.61 billion for the four-week period in January 2005, up 1.7% compared with the four weeks
Abercrombie Posts 30% Increase In Sales For January…
Abercrombie & Fitch reported net sales of $126.1 million for the four-week period ended January 29, 2005, a 30% increase over last year's January sales of $97.1 million. January comparable store sales increased 17% compared to the four-week period en
