SGB Executive

Genesco Gets Nice Retail Gains in Q1…

Genesco Inc. got a nicely balanced quarter across its divisions in the first quarter ended April 30 as total net sales increased approximately 26.5% to $286 million for the period, compared to $226 million last year.
Same-store sales at the company’s Jour

Fruit in Apparel Deal with Wilson…

Fruit of the Loom has inked a licensing deal with Wilson Sporting Goods, providing Fruit with an opportunity to develop, produce, and sell Wilson-branded athletic apparel for the mid-tier retail market. Phil Johnson, who was most recently VP sales for Ru

Russell Corporation Lays Out Strategies for Brands…

Russell Corporation laid out its new reporting structure for investors last week as part of an annual presentation to review strategy for the business. During the four hour 2005 Analyst Day event, management reminded investors that RML had moved roughly

Bell Sports: Americans Need Softer Saddles to Ride More

Americans are looking for a reason to get back on their bicycles, according to a new survey released by Bell Sports. While three-quarters of the 1,062 respondents ride less often now than in the past 10 years, 79% said they would ride more often if their

Lafuma and Oxbow Confirm Takeover Discussions…

With several rumors circulating, The Lafuma Group made an announcement putting much speculation to rest. Lafuma and Oxbow, the French Surf and Snowboard Company, are in takeover discussions. Shares for both groups have been suspended from trading until an

Forest Service Roadless Rule is Repealed…

The U.S. Department of Agriculture Forest Service made an official announcement last week stating that they will be implementing a rule to “conserve roadless areas in national forests through inviting input from state governors” in order to manage invento

CORRECTION — PUMA Licensed Sales

Please note that the mid-week SEW_0517.5 and the regular SEW_0518 issues contained an error regarding licensed sales for Puma. Puma contacted SEW last week to confirm that licensed sales of Footwear, Apparel, and Accessories were actually 85% of all lice

Nautilus Acquires Canada Distributor…

Nautilus, Inc. has acquired its Canadian distributor in an effort to expand the reach of its Nautilus and StairMaster brands in the specialty and commercial markets, while intensifying the marketing of Bowflex and Schwinn Fitness brands through the direct

Jarden Looks to Transform Coleman…

Jarden Corporation, the new parent company of Coleman, more than tripled first quarter net sales to $521.3 million compared to $158.3 million for the same quarter last year. Coleman was expected to be relatively flat for the year, but the brand experience

Phoenix FW Gets a Royal Boost in Q1…

Phoenix Footwear saw a considerable sales gain, but income remained flat on less than expected revenue contributions from the Altama footwear business. Phoenix acquired the brand in the second half of last year with expectations of leveraging its military

Everlast Posts Q1 Net Loss on 23% Revenues Gain…

In spite of a 23.2% increase in overall revenues during the first quarter, Everlast Inc. posted a net loss of $93,000 compared to a net income of $188,000 in Q1 last year. While the company did take a $72,000 write-down for discontinued operations, erodi

Gildan Sales Increase on Less Promotional Environment…

Gildan Activewear sales in the company’s fiscal second quarter were $165.3 million, an increase of 16.9% due to a 10.4% increase in unit shipments, higher selling prices, and more favorable product-mix. The company said that it continues to be capacity-co

Soffe Parent Moves to Stem Stock Fall; Details Production Shift…

The quarterly earnings release issued last week by Delta Apparel had some rather confusing statements regarding the effect of a future stock split on EPS performance. Some speculate that programmed trades may be the culprit for the nearly 21% drop in DLA

The Walking Company Sees New Life Under Big Dog Umbrella…

Big Dog Holdings, Inc. management is looking very smart these days as they continue to benefit from the acquisition of The Walking Company as its own Big Dogs retail continues to spiral downward. Total comp store sales rose 4.4% for the first quarter end

EJ Addition Boosts Rocky’s Q1 Results…

Rocky Shoes & Boots’ acquisition of EJ Footwear caused the company’s sales to nearly triple during the first quarter of 2005 with a 181% increase to $61.5 million compared to $21.9 million last year. EJ Footwear contributed $39.9 million in revenue. Witho