LaCrosse Footwear Acquires END Footwear
LaCrosse Footwear, Inc. created a newly-formed subsidiary which has entered into a definitive agreement to purchase certain assets of Environmentally Neutral Design Outdoor, Inc., or END Footwear. The new LFI subsidiary will continue to sell footwear und
Cost Reductions Lift Q2 Profits for Johnson Outdoors
Johnson Outdoors Inc. said second-quarter sales fell 12.5% to $106.6 million compared to $121.8 million in the prior year period. Net income from continuing operations of $2.5 million, or 27 cents a share, marked a threefold-improvement over net income of
SGMA: Economy Impacting Sports Participation
According to the Sports & Fitness Participation Study (2009 edition), produced by SGMA Research, female participation in both team and individual/fitness sports activities decreased by 10.2% and 7.2%, among ‘core’ participants, respectively.Among fitness
April Comps Up 18% for The Buckle
The Buckle, Inc. reported comparable store net sales for the four-week period ended May 2, 2009 increased 18.2% from comparable store net sales for the four-week period ended May 3, 2008…
K-Swiss Posts Q1 Loss on Continued Sales Declines
K-Swiss Inc. posted a net loss was $1.1 million, or 3 cents per diluted share, for the first quarter ended March 31, compared with net earnings of $7.1 million, or 20 cents per diluted share, in the prior-year period. Total worldwide revenues decreased 24
Wal-Mart’s Comps Climb 5% in April
Wal-Mart Stores, Inc. reported same-store sales rose 5.0% in April. Excluding fuel, comps were up 5%. Total company sales increased 2.4% to $29.9 billion from $29.2 billion…
Kohl’s April Comps Slip 6.3%
Kohl’s Corporation reported total sales for the four-week month ended May 2, 2009 decreased 2.3% from the four-week month ended May 3, 2008. On a comparable store basis, sales decreased 6.2%…
Target April Comps Remain Steady
Target Corporation said net retail sales for the four weeks ended May 2, 2009 were $4.45 billion, an increase of 4.5% from $4.25 billion for the four weeks ended May 3, 2008. On this same basis, April comparable-store sales increased 0.3%…
DSW Opens 300th Store in Folsom, CA
DSW is opening its 300th store in the U.S. The store is in Folsom, CA, and is the 100th opening for the company in the past three years. Today, DSW operates stores in 37 states as well as an e-commerce channel…
Crocs Q1 Sales Drop; Net Loss Widens
Crocs, Inc. reported 2009 first quarter revenue was $134.9 million, down 32% from $198.5 million in the year ago period. The company reported a net loss of $22.4 million in the first quarter of 2009 with a diluted loss per share of 27 cents compared to a
Adidas’ CEO Gets Contract Extension
Adidas Chief Executive Herbert Hainer will stay in his job beyond 2010, the company said Thursday. Hainer, who has been CEO since March 2001 and with Adidas AG since 1987, had his contract extended, the company announced at its annual general meeting. The
Danskin Triathlon Series Celebrates 20 Years
The Danskin Triathlon Series — the largest and longest running women's triathlon series in the world – celebrates its 20th Anniversary this year with an expanded schedule of events, a new partnership and innovative programming designed to inspire an
Retail Import Volume at Lowest Level in Five Years
Import cargo volume at the nations major retail container ports improved in March over February¹s seven-year low, but was still at its lowest level in five years and remained below the 1 million mark, according to the monthly Port Tracker report released
RECALL: Ambler Mountain Works Children’s Beanies
The U.S. Consumer Product Safety Commission, in cooperation with Ambler Mountain Works announced a voluntary recall of the Erwin Beanie and Poseidon Beanie Children’s Knitted Hats. Consumers should stop using recalled products immediately unless otherwise
Cybex Posts Loss on 28% Sales Tumble
Cybex International, Inc., the manufacturer of exercise equipment, said sales for the first quarter of 2009 decreased by 27% to $28.9 million compared to $39.8 million a year ago. The company reported a net loss of $1.4 million, or 8 cents a share, in the
