Outdoor Retail Has Positive 2004…
The retail environment seems to be quite healthy for many of the major outdoor specialty chains, although the competitive environment is heating up at the same time. Brick and mortar retailers who are successfully integrating the Internet and catalog sale
Specialty Leads the Alpine Market; Snowboard Looks to Chains for Growth…
According to the SIA Retail Audit, sales for the entire winter sport market were up 2.8% in dollars to $1.76 billion for the August 2004 through January 2005 period, compared to $1.71 billion reported for the same period last year. Unit sales were down 7.
Cutter and Buck Narrows Fiscal Q3 Loss…
Cutter & Buck reported a $523,000 pre-tax loss for its ongoing wholesale business for the fiscal third quarter ended January 31, compared to a pre-tax $40,000 profit in the year-ago period. Management attributed investments in computer systems and expens
Lotto Takes Over China License…
Lotto Sport Italia reported last week that its previous licensing agreement with Lightening Star Corporation for China, Macau, and Hong Kong has terminated. A new trading company – a subsidiary of Lotto Sport Hong Kong – will control two companies that w
Orange 21 Sees Some Legal Action…
Orange 21 has reportedly received a cease-and-desist letter from Oakley with respect to patent and trademark issues involving three of its product styles. In a press release, Orange 21 stated that upon review of the claims, the company believes them to b
Thule Shows Solid Q4 Gains…
Thule finished off a strong fourth quarter, its first under new ownership with Candover Partners. Sales for the quarter increased 44.0% to SEK 615 million ($88.5 million) compared to SEK 427 million ($56.4 million) in 2003. Profitability improved at clos
DSW Customer Credit Info Stolen…
Retail Ventures, Inc. learned late last week of the theft of credit card and other purchase information from a portion of DSW Shoe Warehouse customers that shopped at 103 DSW stores, primarily during the last three months. Any customer information provide
Shoe Carnival Starts to See the Payoff…
Shoe Carnival, Inc. CEO Mark Lemond is starting to see his team’s strategy start to bear fruit as the family footwear retailer posted solid back-to-back monthly comp store sales gains for the last two months. Net sales for Q4 increased 7.2% to $143.9 mil
Quiksilver Fiscal Q1 Net Income Gets Nice Asia Pacific Lift…
Quiksilver's net revenues for the fiscal first quarter ended January 31 increased 33.6% to $342.9 million, from $256.1 million in the year-ago quarter. Excluding the addition of DC Shoes in the quarter, revenues increased approximately 22.6% for the
Sporting Goods Retail is a Tale of Two Cities…
If the news last week about the pending merger between May Company and Federated tells us anything it is that retail consolidation is probably far from over. Sports Executive Weekly wonders if the two largest department stores in the country can merge, w
Everlast Targets Latino Market with Nutrition Line
Everlast Worldwide has launched “Everlast Nutrition for Latinos.” Developed by New York-based Vitamin Branding Corp., the licensee, manufacturer and distributor of Everlast Nutrition products, the line will be targeted towards the Latino market using spec
DSW Files for IPO; Retail Ventures Will Retain Control
Retail Ventures announced that DSW Inc., its wholly-owned subsidiary, will pursue an initial public offering. DSW filed its initial registration statement with the U.S. Securities and Exchange Commission. RVI expects that DSW will complete the IPO in the
RSN to Showcase SIA’05
RSN, Resort Television, attended the SnowSports Industries America show in Las Vegas in January to tape information on new skiing and snowboarding products and technologies will be available to consumers for the 2005/2006 ski season. That footage will beg
McCormack Joins Scott USA Sales Force after Tenure at Trek
Scott USA has hired Jason McCormack to the company’s bike group. McCormack will be the sales manager for the Arizona, Nevada, and Hawaii territory. McCormack started his cycling career working for Fair Wheel Bicycles while attending college at the Univers
Mountainsmith Adds New Great Lakes Sales Agency
Michigan-based Active Pursuits sales agency has joined Mountainsmith as the new sales and marketing organization for the Great Lakes Region, including Michigan, Ohio, and Indiana. Active Pursuits is headed up by president, Mark Waddle, with the assistance
