SGB Executive Outdoor
Regional Shows Report Mixed Results; Southeast Flourishes…
Following OR Summer Market many sales reps from around the country were in a rush to get home and prepare for their regional shows. The Outdoor Reps Associations hosted their 30th annual trade show at the Alliant Center in Madson, WI, while the Eastern O
Kellwood Sees Specialty Outdoor Making a Comeback…
Kellwood fought a softening consumer apparel market and delayed marketing initiatives to post a 10.1% increase in group sales to $560.5 million for the second quarter of 2004 compared to $508.9 million last year. Organic sales growth accounted for a 7% in
Footstar Sells Gaffney Distribution Center
Footstar, Inc. has entered into an agreement to sell its distribution center in Gaffney, SC for approximately $15.1 million. The facility will be acquired by Automated Distribution Systems, L.P., a leading third party distribution and logistics solutions
Dick’s Moving Fast on Galyans Integration; Raises Guidance…
Dick's Sporting Goods does not appear to be as affected by the licensed apparel or fitness equipment issues that have caused other sporting goods retailers to reduce their expectations for the second quarter. That fact, coupled with the retailer’s i
Columbia Signs Distribution Deal s for South Africa, Philippines
Columbia Sportswear Company has inked distribution agreements with South Africa-based Foschini Retail Group and Philippines-based Kenrich International Distributor Corporation (KIDC). These new relationships further Columbia's strategy to distribute
Shoe Carnival Q2 Net Up 26% Despite 3.7% Comp Decline
Shoe Carnival, Inc. reported that net income for the second quarter of fiscal 2004 increased 26.2% to $1.9 million, or 15 cents per diluted share, compared with net income of $1.5 million, or 12 cents per dilted share, in the second quarter of fiscal 2003
The Buckle Sees Q2 Profits Jump 49% on 5.8% Comp Sales Gain
The Buckle, Inc. reported net income for the second quarter of fiscal 2004 increased 48.9% to $5.3 million, or 24 cents per diluted share, compared with $3.6 million, or 17 cents per diluted share, for the second quarter of 2003. Net sales for the period
Callaway Picks Up $2.2 Million Verdict in Dunlop Action
A jury in Wilmington, DE on Thursday returned a verdict of $2.2 million in favor of Callaway Golf Company and against Dunlop Slazenger Group Americas Inc. based on a finding that Dunlop willfully engaged in false advertising when it claimed in 2001 and 20
Mossimo Q2 EPS Cut in Half on Softer Retail Sales
Mossimo, Inc. reported second quarter 2004 net revenues of $6.0 million compared to $6.9 million for the same period last year. MOSS reported net earnings of $1.0 million , or six cents per diluted share, in Q2, compared to net earnings of $1.8 million, o
Bell Sports Acquired by Riddell Parent; Fry to Run Merged Company
Private Equity firm Fenway Partners, Inc. will acquire Bell Sports, owner of the Bell and Giro helmet brands, essentially forming the world’s largest protective headgear and related accessories company, for approximately $240 million. Fenway, which owns f
Head Q2 Bottom Line Takes Tax Hit; Sales Up 5.1%
Head N.V. reported that net revenues for the second quarter increased by 5.1% to $83.2 million from $79.2 million in the year-ago period. The net loss for the period widened 244% to $30.7 million versus a net loss of $8.9 million in Q2 last year, due pri
SGMA: U.S. Customs Encourages C-TPAT Verification Between Businesses
The U.S. Bureau of Customs and Border Protection has established the Status Verification Interface (“SVI”) in the Customs-Trade Partnership Against Terrorism (“CTPAT”) section of its internet website. The SVI will allow C-TPAT members to easily confirm wh
Stein Mart July Comps Increase 1.6%
Stein Mart, Inc. announced that comparable store sales for the fiscal period ended July 31, 2004 increased 6.2%. Total sales for July were up 1.6% to $81.8 million compared $80.5 million in the year-ago period…
Tax Holiday Shift Impacts Dillard’s July Comps
Dillard's, Inc. announced that sales for the four weeks ended July 31, 2004 were $529.7 million compared to sales for the four weeks ended August 2, 2003 of $549.1 million. Sales declined 4% for the 4-week period on both a total and comparable store
DSW Comps Up 1.2% in July; RVI Comps Off 2.3%
Retail Ventures, Inc. reported that total sales for the four weeks ended July 31, 2004, increased 3.7% to $170.6 million from $164.6 million for the four weeks ended August 2, 2003. The company's same store sales decreased 2.3% for the four week peri
