Groupe Go Sport Again Buoyed by Courir in Third Quarter
Revenues at Groupe Go Sport, the third largest retailer of sporting goods in France, increase 4.0 percent to €189.2 million ($237 mm) in the third quarter. Same-store sales rose 4.9 percent in currency-neutral terms, according to Rallye, the French
Costco’s October Comps Gain 9 Percent
Costco Wholesale Corporation reported net sales of $7.67 billion for the month of October, the four weeks ended Oct. 28, an increase of nine percent from $7.01 billion during the similar four-week period last year. Comparable sales in the U.S. increased
Stage Stores October Comps Increase 6.5 Percent
Stage Stores, Inc. reported that comparable store sales for the four week October period ended Oct. 27 increased 6.5 percent. Total sales for the October period increased 9.8 percent to $113 million from $102 million in the prior year four week October pe
K-Swiss’s Losses, Sales and Future Orders Decline in Third Quarter
K-Swiss Inc. reported that its third quarter loss narrowed substantially to $1.93 million, or 5 cents per diluted share, despite double-digit revenue declines. Futures orders with start ship dates from October 2012 through March 2013 decreased 8.6 percent
Fantag Launches New Online NFL Apparel Shop
Fantag, owned by Thinking Fan Design LLC, announced the launch of its new NFL Players apparel line; fan humor, fantasy football culture, player-related nicknames, popular slogans, and other hot market trends from the league. With over 900 products availab
Steve Madden’s Q3 Revenues Climb 14 Percent
Steve Madden reported sales increased 13.7 percent in the third quarter ended Sept. 30, to $356.9 million. Retail comparable store sales increased 8.6 percent…
Pon Takes Over Bicycle Maker Union
Pon Holdings of the Netherlands has agreed to take control of the Union bicycle brand from Dutch Bicycle Group. Pon will market Union both in the Netherlands and other countries in North-West Europe. While Pon said that Dutch Bicycle Group remains a partn
DSW Acquires Corporate Headquarters and Columbus Distribution Center
DSW Inc. announced the acquisition of 810 AC LLC, which owns the corporate headquarters of DSW, as well as its 700,000 square foot distribution center and trailer lot on its home office campus in Columbus, OH for a total of $72 million, paid in cash…
PVH to Acquire Speedo Parent Warnaco Inc.
PVH Corp. (PVH) and The Warnaco Group, Inc. (WRC), parent of Speedo, have entered into a definitive merger agreement pursuant to which PVH will acquire Warnaco. The transaction values Warnaco at approximately $2.9 billion, and with over $8 billion in pro
Nike Pulls Nike+Training from Full-Price Stores for Retooling
Nike has removed all Nike+Training shoes from its full-price stores and sent them to its factory outlet stores just four months after they went on sale, reports The Oregonian newspaper…
Polartec Names New CEO and CFO
Polartec, LLC appointed Gary Smith CEO and Joe Robinson as CFO, successfully completing the management succession process announced in July. Smith previously served as president of the Outdoor Group for The Timberland Company, while Robinson…
Iconix Launches Securitization
Iconix Brand Group, Inc. announced the intention of certain of its subsidiaries to launch a new securitized financing program, expected to consist initially of $500 million of senior secured term notes and $100 million of variable funding notes…
Kokotat Extends Contest Deadline for Companies Affected by Storm
Kokatat extended the deadline for 2013 American Made Outdoor Gear Awards entries to Friday Nov. 9 to accomodate companies that may be recovering from Hurricane Sandy…
Groupe Go Sport Reports Comps Rose 4.9 Percent in Third Quarter
French retailing giant Rallye reported sales at its Groupe Go Sport business, which operates one of the largest chains of sporting goods stores in France, reached €189.2 million ($237 mm). Same store sales rose 4.9 percent in currency-neutral (c-n)
Frankenstorm Closes Stores, Opens Ski Areas
Frankenstorm closed many stores Monday and Tuesday along the Eastern Seaboard from North Carolina north to Connecticut, but also delivered more than a foot of snow in the southern Appalachians. The snow will enable some ski areas to open weeks earlier tha
