Sugoi Names Marketing Manager
Sugoi Performance Apparel named Kara Hurry as its new marketing manager. Previously, Hurry, a native Australian, served as the marketing services manager for Australian Wool Innovation (AWI) in New York…
Canadian Co-op Buying Sportsman’s Warehouse
Alberta, Canada-based UFA Co-operative Limited is poised to acquire a majority interest in Utah-based Sportsman’s Warehouse, increasing the co-operative’s annual revenue by $800 million. UFA has already made a significant cash injection into the US retai
Intrawest Names New President/CEO
Intrawest appointed Frank DeBerry to the position of President and COO at Mountain Creek in New Jersey. In this role, DeBerry will be responsible for all aspects of Mountain Creek's resort operations and he…
Sturm, Ruger and Co. Authorizes Stock Repurchase Program
Sturm, Ruger & Company, Inc. said its board of directors has authorized a stock repurchase program…
DSW’s Q3 Earnings Drop 41.1%
DSW Inc. reported earnings fell 41.1% in the third quarter ended Nov. 3, to $13.2 million, or 30 cents a share, from $22.4 million, or 51 cents, a year ago. Revenues climbed 6.5% to $391.4 million from $367.4 million but same-store sales slipped 3%. The f
Steve and Barry’s to Start GOB Sales
A U.S. bankruptcy judge approved Steve & Barry's request for going-out-of business sales to begin immediately. The retailer filed for bankruptcy protection last week with a plan to liquidate its remaining 173 stores by early 2009…
Nikwax Names New Rep for Northwest
Nikwax has hired Pacific Rep Works for the company’s Northwest territory. The agency, which operates from five offices in the territory, already represnts CamelBak, Sugoi, Chariot Trailers and Overland Equipment…
adidas Signs 11-Year Deal with IAAF
adidas and the International Association of Athletics Federations have entered an 11-year partnership agreement granting adidas the world-wide sponsorship rights for all IAAF World Athletic Series events from 2009 until 2019. The partnership incorporates
Perry Ellis Gets Swim Boost in Q3
Perry Ellis International's swim division revenues increased sales by 7% with gross margins ahead 237 basis points in Q3. The improvement was driven by Jantzen, Jag, and Nike's performance in swimwear, as well as the growth in accessories and co
Genesco Lowers Guidance on Eroding Sales
Genesco lowered both its third and fourth quarter guidance on eroding sales in November. Same-store sales in the current month through Nov. 16 were down 9%, marked by 9% declines at Journeys Group, a 6% decline at Hat World, a decrease of 15% at Undergrou
Dick’s Sporting Goods Comps Down in Third Quarter on Tough Golf, Fitness Biz
Dick’s Sporting Goods made the best of a tough quarter as a focus on leaner inventories helped to expand merchandise margins. However, a de-leveraging of occupancy costs following comp store sales declines led to depressed gross margins and a decrease in
NexCen Expects Improved Q3
NexCen Brands, the parent of The Athlete's Foot, expects to report revenues from continuing operations of its franchise business of approximately $12 million in the third quarter of 2008 compared with $6.5 million in the third quarter of 2007, an inc
Foot Locker Inc. Sees Stronger Europe, but Weaker U.S. in Third Quarter
While Foot Locker Inc.’s Europe business showed signs of strengthening in the third quarter, it wasn't nearly enough to offset a “precipitous” slow down in the U.S. during September and October. As a result, Foot Locker slightly missed its guidance t
Pacific Sunwear Third Quarter Sales on Tougher West Coast Sales
Pacific Sunwear of California, Inc. had total sales for the third quarter ended Nov. 1, 2008, of $323.6 million, a 5% decrease from total sales of $341.9 million for the third quarter ended Nov. 3, 2007. Total company same-store sales decreased 7% during
2009 Tour de Georgia Canceled
Organizers canceled the Tour de Georgia cycling race for 2009 after failing to secure sponsorship dollars in the face of a looming state budget deficit and belt tightening by many corpoprate sponsors. The board of directors for the race, which has become