When Does a Good Show Get Too Big???
Lesson One in trying to kill the golden goose trade show – make the show so big that you have to trek all over town and then shoo away all the retailers with bad timing. Blow into a balloon long enough and it will pop!…
Warnaco Back on the Street…
The Warnaco Group Inc., the parent of industry brands Speedo and Authentic Fitness, emerged from Chapter 11 bankruptcy Tuesday as scheduled. The company said it closed on a $275 million exit financing facility in connection with its bankruptcy emergence
LL Bean: Tough Economy, Cut Jobs…
The outdoor brand founded on the basic principle of reacting to the needs of the consumer announced the second-largest round of layoffs in its 91-year history…
A Roller Coaster Week at Footstar…
Footstar saw shares close lower for the week, erasing a strong mid-week gain on news that it will expand distribution of its Thom McAn product to up to 1,500 Wal-Mart stores. The move was initially seen as a boon to the retailer that has been hit hard in
Oakley Pushes Pre-Earnings Press…
Based on the number of press releases Oakley sent out this past week, we would not be surprised by a less than stellar year-end and Q4 report to be released mid-week…
SmartWool Founders Sell Interest…
SmartWool reported that the company’s controlling shareholder, RAF Industries, in late January acquired the remaining minority interest of company founders, Peter and Patty Duke. RAF has been invested with SmartWool since 1995 and has held majority inter
Callaway Uses Driver to Exit Rough…
Boosted by sales of its new Great Big Bertha II driver and the strength of its putter and glove businesses, Callaway posted a narrower fourth quarter net loss with revenues jumping 16.2% to $122.5 million…
Amer Downplays 2003 Prospects…
Flat demand for tennis, golf and team sports equipment, fierce competition in golf equipment and weakening demand for winter sports equipment due to poor early season snow conditions in many key markets leaves the prospects for 2003 clouded in uncertainty
Brown Shoe Raises 2002 Estimates…
Brown Shoe raised its Fiscal 2002 guidance to $2.48 to $2.50 EPS, up from its previous estimates of $2.35 to $2.40 EPS. The increased guidance is a result of better-than-anticipated January margins, higher wholesale shipments, and the completion of sever
Merrell Paves the Way for WWW…
Merrell is now Wolverine’s leading profit-producing brand, growing over sevenfold since WWW acquired the brand five years ago…
THC Kills Rollerblade Deal…
The Hockey Company reported late Friday that the company has terminated discussions with Benetton Group SpA regarding THC’s acquisition of Rollerblade…
TBL Easily Beats Analyst Estimates…
Timberland reported 2002 year-end and Q4 sales and earnings last week, handily beating analyst’s estimates and sending TBL shares up 11.8% for the week to close at $34.59 on Friday…
Gart Sports and The Sports Authority Announce Merger…
Well, the time for chasing rumors is now through, and the landscape for the Sporting Goods Industry in the U.S. will be changed forever. After many years of attempting to establish itself as a national entity, The Sports Authority will finally achieve th
Cannondale Gets New Life – For Now…
Cannondale filed for Chapter 11 bankruptcy protection in U.S. Court last week, pointing to losses in its motor- sports division that inhibited the company's ability to make future investments…
Dallas Apparel Mart is Closing…
The venerable Dallas International Apparel Mart, the 40-year old national institution that once bustled with energy and acted as a driver for many apparel businesses, is set to close next year…
