VF Imagewear Names President of Activewear
VF Imagewear, Inc. named Scott Baxter president of its Activewear Division, which markets branded apparel under agreements with licensors such as the NFL, MLB, Harley-Davidson, the NHL, the NBA, the leading colleges under the ESPN College GameDay brands,
Johnson Outdoors Marine Acquires Geonav
Johnson Outdoors reached agreement to acquire Geonav, a leading marine electronics brand in Europe. The Geonav chartplotter and marine accessories brand and assets were acquired in a stock purchase from Nanionics of Viareggio, Italy…
adidas Group Posts Solid Q3; Sees Big 2008 Gains…
The adidas Group posted a decline in top-line sales for the third quarter, but the numbers were greatly impacted by currency fluctuations and continued declines at Reebok. The brand adidas business was impacted somewhat in Europe by tough soccer apparel
SpringBoost Expands Sales Team
SpringBoost hired 12 new sales reps who will report to Kim Walsh, recently promoted from Regional Manager to the newly created position of manager of U.S. Sales. She reports to Donald W. Johnson, newly appointed vice president of sales…
K-Swiss Sees U.S. Weakness Potentially Spreading to International Business…
K-Swiss, Inc. attempted to temper Wall Street expectations once again last week as the company posted a disappointing third quarter and reminded analysts on a quarterly conference that it would be late 2008 and possibly 2009 before the brand would see a t
Weather Plays a Part in Weak October Comp Sales Growth…
Retail comparable store sales managed a low-singles increase for the fiscal month of October as continued warmer than average weather battled marketplace worries over a looming recession for which external factor could do the most to hamper growth…
Golfsmith Gets New Store Boost in Q3…
Golfsmith International Holdings posted double-digit sales growth for the third quarter as the addition of 15 new stores in the trailing 12 months and the extended warm weather selling season boosted top line growth despite a slight downturn in quarterly
Adams Golf Slims Q3 Loss on Sales Jump…
Adams Golf followed the general golf market strength in the third quarter, posting a mid-20s sales increase while slimming its quarterly loss at an even bigger rate. The company saw sales growth in each club category as well as in each geographic region f
Sports Direct Sells Amer Stake…
Sports Direct, the UK retailer controlled by Mike Ashley, sold its entire stake in Amer Sports for €166.6 million ($242 mm). The retailer has made a profit of around £25 millioin since first buying into the Helsinki-listed group in June and raising its st
Head N.V. Sees Heavy Q3 Impact From Slowing Winter Sports Market…
As anticipated, the poor snow last year is now adversely impacting Head N.V. results in the third quarter as retailers remain conservative in their orders of skis and snowboards. Heavy declines in Winter Sports were partially offset by gains in all other
Sport Chalet Sees Tough Fiscal Second Quarter…
Sport Chalet saw some difficult conditions during their fiscal second quarter, which ended on September 30, 2007. Sales during the quarter were negatively impacted by softer macroeconomic trends and management said that same-store sales were affected by c
Jarden Announces Stock Buyback Plan
Jarden Corporation, parent company of K2 and Volkl skis, announced that its Board of Directors has authorized a new stock repurchase of up to $100 million of its common stock. As of October 29, the company had approximately 77.6 million shares of common s
Surfboards Load for Free on Virgin Atlantic
Virgin Atlantic announced that its passengers are allowed to take an item of sports equipment on their flights free of charge. The news followed a recent ban by British Airways (BA) on surfboards and similar items…
Retail Ventures Comps Tumble 7.3%
Retail Ventures, Inc. reported October sales reached $787.8 million, basically flat against $787.6 million a year ago. Same store sales decreased 7.3% for the thirteen week period.
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Bakers Footwear Q3 Comps Fall 16.6%
Bakers Footwear Group, Inc. reported third quarter sales decreased 13.4% to $40.3 million, compared to $46.6 million a year earlier. Comps decreased 16.6%, compared to a 4.2% decline in the comparable period last year…
