Foot Locker, Inc. Takes its Lumps in Q4 and Gears Up for Improved 2008 Comps…
Foot Locker, Inc. suggested that the 2007 Holiday season was one of the most difficult retailing periods in the U.S. in many years, but the world’s-largest-athletic-specialty-retailer saw the trend early and aggressively liquidated inventories to end the
Genesco Inc. Sees Fourth Quarter Results Take a Turn for the Worse…
Genesco Inc. is looking forward to putting the failed merger with The Finish Line behind them and fully concentrating on their business that has struggled for the last few quarters. The good news is that their three sport- or lifestyle-oriented businesse
A Look Inside the GSCO/FINL Settlement…
At the beginning of its quarterly conference call with analysts, Genesco chairman and CEO Hal Pennington provided an overview of the details of the settlement with The Finish Line and UBS. While the settlement calls for GCO to receive a cash payment of $
Fila Completes EMEA Deal…
Fila completed the sale of the subsidiaries comprising Fila's European, Middle East, African and Indian businesses (EMEA) to the European based management team. It also entered into a long-term license for the Fila brand in the EMEA region…
Zumiez Sees Fourth Quarter Sales Grow, But Sees Tough H1 Ahead…
For the fourth quarter, net sales totaled $126.6 million, an increase of $14.2 million or 12.7%, compared to $112.4 million in last year's fourth quarter. When the additional week from fiscal 2006 is excluded, net sales were up 18.5% in the fourth qu
Brooks Sports Boasts 17.5% Revenue Increase…
Brooks Sports, Inc.'s revenues grew 17.5% to more than $170 million in 2007. Sales rose 20% domestically and in excess of 19% internationally. Additionally, the running brand delivered operating earnings that were up 39%…
Sport Supply to Switch to Nasdaq
Sport Supply Group, Inc. plans to transfer the listing of its common stock from the American Stock Exchange to the NASDAQ Stock Market…
Dick’s Sponsors Fox Soccer’s Season Preview
Fox Soccer Channel will air its 2008 MLS Season Preview Show, presented by Dick’s Sporting Goods on Sunday, March 23, at 8:00 p.m. ET. The show will close with host Max Breto's predictions for the 2008 season and a preview of Fox Soccer Channel’s ope
DSW Appoints New Directors
DSW announced that it has appointed Elaine Eisenman, Joanna Lau and Roger Markfield to its Board of Directors. Markfield is a non-executive officer employee of American Eagle Outfitters and has served as a Director of AEO since March 1999. He has also ser
Doug Kelly Out at Russell Athletic
Doug Kelly, who joined Russell Athletic as president about a year and half ago, is leaving the company to pursue other interests. No new president will be appointed. Kelly's duties will be divided among several Russell executives: Gary Barfield, Matt
Shirts and Skins Moves Headquarters
Shirts & Skins, Inc. (S&S), the producer of basketball uniforms, recently announced plans to move its corporate office/warehouse to Tualatin, Oregon, a suburb of Portland, in Mid-February of 2008. The new building will be approximately 15 miles from its c
Head to Delist from NYSE
Head N.V. said it plans to delist its ordinary shares from the New York Stock Exchange (NYSE) and stop reporting to the US Securities Exchange Commission. The company said, however, that it will continue to make English translations of its periodic and an
Outdoor Channel’s Losses Narrow on Lower Revenue
Outdoor Channel Holdings, Inc. said it narrowed its operating losses on less revenue in the fourth quarter as its ad sales rose while subscription fees declined. The company said advertising revenue rose 12.3 percent to $8.2 million for the fourth quarter
Hanesbrands to Submit to Social Compliance Audits
Hanesbrands Inc. has joined the Fair Labor Association and will undergo the FLA’s two-year implementation process for accreditation of the company’s global social compliance program. The FLA conducts unannounced independent external monitoring audits of a
PacSun Continues to Climb Back, Zumiez Posts First Comp Decline Since IPO…
Pacific Sunwear of California, Inc. saw a 7% increase in net sales for the fiscal month of February to $77.6 million from $72.5 million during the same period last year. At the PacSun concept, same-store sales increased 6% during the same period. Also res
