Golfsmith Disclose Potential Deal, Sees Strong End to Q4
Golfsmith International Holdings, Inc. spent $1.3 million exploring a strategic transaction and possible sale in the fourth quarter, the company disclosed Friday. The disclosure came as the golf retailer reported its net revenues grew 2.3 percent to 74.5
Genesco Q4 Earnings Soar on 12 Percent Comp Increase
Genesco Inc. said that adjusted for the nonrecurring items in both periods, earnings jumped 51.8 percent in the fourth quarter. Sales increased 29 percent to $723 million. Comparable store sales increased by 12 percent. The Lids Sports Group's compa
Hydrapak Lands OEM Deal to Make Quiksilver SUP Pack
Hydrapak has been chosen by Quiksilver as the full-service OEM provider for the Quiksilver Swig pack. Slated to hit store shelves this summer, the Swig pack is designed for the stand-up paddle surf market…
Adidas Outdoor Sponsoring Hueco Rock Rodeo
Adidas Outdoor will serve as the title sponsor of the 19th Annual Hueco Rock Rodeo bouldering competition set in the desert oasis of Hueco Tanks, Texas, this weekend…
Olympics, Customization to Fuel Oakley Sales in 2012
Luxottica Group expects Oakley sales to achieve double-digit growth for the seventh consecutive year in 2012 with a boost from the Summer Olympics and its online customization offer…
Insurance Settlement to Boost Johnson Outdoor 2012 Earnings
Johnson Outdoors Inc. has received a $3.5 million settlement resolving a claim with its insurance carriers that will contribute approximately 22 cents per diluted share in positive earnings in the current fiscal year…
Stein Mart’s Sales Flatline in February
Stein Mart, Inc. eked out a 0.7 percent increase in comparable store sales in the four-week period ended Feb. 25 and reported total sales for the period reached $80.7 million, up 0.3 percent from $80.4 million in February…
Nordstrom Sees 10.2 Percent Comp Gain
Nordstrom, Inc. reported a 10.2 percent increase in same-store sales for the four-week period ended Feb. 25, 2012 compared with the four-week period ended Feb. 26, 2011…
Kohl’s Comps Dip 0.8 Percent
Kohl's Corporation reported that for the four-week month ended Feb. 25, 2012 total sales increased 1.1 percent and comparable store sales decreased 0.8 percent compared to the four-week month ended February 26, 2011…
Foot Locker’s Q4 Earnings Climb on 7.5 Percent Comp Gain
Foot Locker, Inc. said that fourth-quarter earnings excluding charges rose 37.7 percent. Fourth quarter comparable-store sales increased 7.5 percent. Total sales increased 7.9 percent, to $1.5 billion this year, compared with sales of $1.39 billion for th
Billabong Appoints Retail Advisor
Following its decision to decline a revised offer from TPG Capital to purchase the company for $3.30 per share, Billabong said it had appointed former Target Australia managing director Launa Inman as a retail advisor…
Haglöfs Signs on as Title Sponsor of Scandanavian Freeski Event
Haglöfs, in connection with the launch of a new series of products specially developed for skiing, has become the main sponsor of the Scandinavian Big Mountain Championships, scheduled to take place May 15-17 at Riksgränsen…
European Outdoor Brands Put Conservation Grants to Public Vote
With record numbers of applications this year for the European Outdoor Conservation Association’s (EOCA) funding round, the association is now asking the public to get involved in helping decide which conservation projects to support in 2012…
Club Ride Names Scott Montgomery CEO
Club Ride had hired longtime industry veteran Scott Montgomery as its new CEO and partner. Most recently, Montgomery started Scott Sports' bike division and turned it into a significant player in the US…
Phil Knight to be Inducted into Basketball Hall of Fame
Phil Knight, founder of Nike, was among five people elected to the basketball Hall of Fame in the “Contributor” category…
