Lululemon Increases Guidance on Strong Q3…
In spite of the negative press flying around the VitaSea fabric and the resume of Lululemon’s CEO, the company was able to again post strong double-digit sales and earnings gains in the third quarter. The direct retailer’s top line was bolstered by a 68%
Zumiez Q3 Comps Up Despite Weather Worries
Zumiez Inc. reported that the weather woes affecting the general retail environment had the same affects on the company’s third quarter, especially hampering sales of cold weather products, in both hardgoods and softgoods…
Amer to Shutter Wilson Golf Ball Plant
Amer Sports is restructuring its Wilson Golf business, closing the doors on its Tennessee golf ball manufacturing facility, as well as inking a new distribution deal for Japan. These reorganization measures will reduce in total approximately 100 staff pos
Dick’s Launches Lance Armstrong Campaign
This past weekend, DICK'S Sporting Goods debuted two new national TV commercials-part of an integrated campaign that includes print ads, radio spots and other elements- featuring Lance Armstrong as an over-the-top DICK'S Sporting Goods store man
Warnaco Enters Exclusivity Agreement Over Lejaby
Warnaco Group Inc. entered into an exclusivity agreement with Palmers Textil AG in connection with its previously announced plan to explore alternatives for its Lejaby lingerie and swimwear business. The potential sale is part of a plan to divest all of i
Primaloft Taps New Canadian Sales Agency
Albany International has partnered with Texfast Group Ltd. to represent the PrimaLoft line of insulation products across Canada. Established in 1983, Texfast has sales and distribution offices in Toronto and Montreal. It currently represents Calamai, ITW
Shoe Pavilion Q3 Loss Widens Despite Sales Increase
Shoe Pavilion, Inc. net sales for the third quarter of fiscal year 2007 increased 18.2% to $37.3 million from $31.6 million in the same period of fiscal year 2006. Comparable store net sales for the third quarter increased 2.3% from the same period last y
AboutGolf Focuses on RandD with New Facility
AboutGolf plans to expand its research and development facility with the establishment of a state-of-the-art campus in Ottawa Lake, Michigan, approximately 15 miles from its Maumee, Ohio world headquarters…
Amer Makes Appointments In Winter Sports Segment
Bernard Millaud has been named the new General Manager of Salomon Winter Sports Equipment, a position previously held by Philippe Dubé. Millaud is also now responsible for the legal entity of Salomon S.A. in Annecy and will continue in his role as General
Brunswick Taps Motorola Exec. to Head Marketing
George T. Neill has joined Brunswick Corporation as its vice president and chief marketing officer, reporting to Brunswick chairman and CEO Dustan E. McCoy. Neill, most recently was corporate vice president – global marketing for Motorola, Inc…
Shoe Carnival Q3 Earnings Fall On Weaker Comps; Athletic Makes a Comeback…
Shoe Carnival, Inc. continued to see a tough retail climate in the third quarter, as they experienced declines in almost all categories except athletic and women’s flats. Back-to-school was described as positive, but macroeconomic issues and the weather c
Pacific Sunwear Sees Third Quarter Strengthening at PacSun Stores…
Pacific Sunwear of California generated quite a bit of buzz on its quarterly conference call with analysts. The company said that it plans to reduce its dependency on footwear product by scaling back offerings at several of its mid-tier stores, while remo
Forzani Expands Canadian Sports Retail Footprint…
The Forzani Group Ltd. last week announced that it plans to acquire Athletes World Limited, a Canadian retailer of athletic and recreational footwear and apparel owned by Bata Ltd. Athletes World had filed on October 30, 2007 for protection under the Com
Dick’s Sporting Goods to Acquire Chick’s Sporting Goods
Dick's Sporting Goods, Inc. has entered into a definitive stock purchase agreement to acquire Chick's Sporting Goods. Under the terms of the agreement, Dick's has agreed to pay approximately $40 million in cash for the outstanding equity of
U.S. Attorney Subpoenas Genesco – Finish Line Documents
Genesco Inc. has received a subpoena from the Office of the U.S. Attorney for the Southern District of New York for documents relating to the company's negotiations and merger agreement with The Finish Line. The subpoena states that the documents are
