West Marine Sees Store Closures Hurt Sales Line in Q3
West Marine, Inc. saw comps sales inch up 0.3% for the third quarter as net sales decreased 4.1% to $187.5 million from $195.6 million last year, following the closing of 35 stores in 2006…
VF Imagewear Renews NFL Agreement
VF Imagewear has renewed its strategic licensing agreement with the National Football League for fanwear products across various distribution channels. The NFL renewal agreement will continue through the first quarter of 2012…
Nautilus Cuts 80 HQ Jobs
Nautilus, Inc. plans to reduce its workforce by 140 positions, including 80 spots at the company's headquarters. The rollback will cause the company’s expense line to be diminished by “more than $10 million on an annualized basis.”…
Columbia Inks Brazilian Distribution Deal
Columbia Sportswear Company has signed an agreement with Drastosa SA to be its exclusive distributor in Brazil. The agreement expands distribution of Columbia Sportswear products in Brazil, reaching a wider range of retailers and, for the first time, deli
Pro Golf of America Acquired By Investment Group…
Pro Golf of America Inc., the franchisor for 80 independently owned Pro Golf stores, has been acquired by an investment group in bankruptcy proceedings. Terms of the deal were not disclosed. Pro Golf’s assets were sold after Ajay Sports Inc., the former m
Iconix to Pay $550,000 in Anti-Trust Fines for Rocawear Merger
Iconix Brand Group has agreed to pay $550,000 to settle charges that the company failed to produce certain documents before buying Rocawear, an acquisition requiring pre-merger review, according to the U.S. Department of Justice…
Steven Madden Inc. Expects Slow Q3 Sales
Steven Madden Inc. expects to report third quarter net sales of approximately $113 million compared with $123.2 million in the same period of the prior year. This reflects a decrease in wholesale revenues of approximately 6% for the quarter. Net sales als
Yakima Inks Deal with CenterStone
Yakima Products has selected CenterStone Technologies' iVendix software application. iVendix will provide Yakima with a business-to-business online ordering solution for their retail dealers and sales reps in North America. When Yakima goes “live” on
Jeff Weidman Takes a Step Back from Rutabaga…
After five years at the helm of Rutabaga, store co-owner Jeff Weidman is reducing his day-to-day involvement, as well has his share of the business. Darren Bush, Weidman’s business partner, will be stepping up and taking on more responsibility. Bush has b
Rusty Names New Design Director
Rusty North America, the surf brand, appointed Murphy Martines as its director of merchandise and design. Martines most recently was creative director for their action sports divisions of Redsand and Gotcha at Perry Ellis International…
WHAM-O Awarded $6M in Trademark Lawsuit
WHAM-O Inc. said it had prevailed in its suit against SLB Toys USA, Inc. (also known as Manley-Toyquest or ToyQuest) for infringement of WHAM-O's registered trademark on the color 'yellow' for water slides. WHAM-O was awarded the sum of $6
Nautilus Slashes 140 Jobs
Nautilus, Inc. plans to reduce its workforce by about 140 positions, including about 80 at the company's headquarters, to trim its expenses by more than $10 million on an annualized basis. The adjustments equate to about 9 percent of the company'
adidas Unlikely to Sponsor T-Mobile Cycling Team Beyond 2008
adidas told a German newspaper it's unlikely to continue as a sponsor of the German T-Mobile cycling team beyond 2008 due to doping in the sport. CEO Herbert Hainer told the Frankfurter Allgemeine Zeitung daily, “We want to see success in the fight a
PacSun September Comps Climb 2.7%
Pacific Sunwear of California total sales for September were $106.2 million, an increase of 5.3% over total sales of $100.9 million during the same five week period ended October 7, 2006. Total Company same-store sales increased 2.7% during the same perio
Stage Stores September Comps Climb 2.3%
Stage Stores' total sales for September increased 5.6% to $127.8 million from $121.0 million for the prior year. Prior year sales results include inventory liquidation sales of $2.9 million generated by the acquired B.C. Moore stores prior to their c
