JJB Sports Expects FY Loss
JJB Sports Plc, the UK sporting goods chain, said it expects a loss before tax and exceptional items between £5 million and £10 million ($7.31 million to $14.62 million) in its year ended Jan. 25. The loss excludes any costs associated with its banking fa
NRF Study: Holiday Sales Dropped 2.8% in 2008
A deep recession, severe winter weather and five fewer shopping days combined to create the most challenging sales environment in years for the nation’s retailers. According to the National Retail Federation, retail industry sales for December (which excl
VF Corp Cuts Q4 Outlook Again, Warns Of Slight 2009 Revenue Drop
VF Corp. announced “aggressive” cost cuts as it lowered fourth-quarter expectations a second time as it also projected 2009 sales below analysts' estimates amid the stronger dollar and weaker consumer spending. At a presentation at an investor confer
Scott USA Promotes Ratliffe
SCOTT USA announced the addition of Brittany Ratliffe to its Customer Service Department. Ratliffe moves to her new position from the Motocross Division, where she worked in the Racer Support Department…
Fleet Feet Comps Rise 12% in FY08
Fleet Feet said sales reached more than $86 million in 2008 on a 12% comp store gain. At Fleet Feet's annual Winter Franchise Conference held in Dallas this week, President Jeff Phillips commented, “In 2009 we will focus efforts on the fundamentals t
Genesco Quarter-to-Date Comps Down 4%
Genesco Inc. said same store sales for the quarter-to-date period ended Jan. 10, 2009, were down 4%. Among the
divisions, comps at Journeys Group for the quarter-to-date are down 1% and Hat World Group is down 4%…
A Growing List of Companies Lower Guidance
As retailers released their disappointing December comps this week, many included revised guidance with their results and gave cover to the vendor side to lower expectation as well…
SIA: Snow Sports YTD Sales Up 3% through November
According to SnowSports Industries America's (SIA), the snow sports market remained healthy with 3% growth August to November. Snow sports sales surpassed $917 million as the overall retail market faltered in the recession's nadir…
OIA: Nov. Outdoor Sales Slide
Outdoor Industry Association reported that retail sales for all core outdoor stores fell 11% in November. It marked the first month of overall dollar sales decline since the recession started in December 2007. All three store channels and all four major p
Mizuno Opens New Distribution Center in GA
Mizuno USA, Inc. held an official Grand Opening ribbon cutting ceremony this week for the company’s new 300,000 square foot distribution center in Buford, GA…
Retailers See Sales Increase, Comps Down in Q3
Retailers in the active sports lifestyle market posted reasonable sales growth for the fiscal third quarter in the light of the general malaise in the market, as sales grew 3.4% on a consolidated basis for the public company retailers tracked by Sports Ex
Outdoor Foundation Finds Outdoor Participation Increasing, Youth Interest Dropping
In the 2008 Outdoor Recreation Participation Report, the Outdoor Foundation found that while overall participation in outdoor recreation among Americans is increasing, the connection to nature among youth is declining. According to the report, over 50% of
Quiksilver Americas President Resigns
Quiksilver, Inc.'s Marty Samuels has left the company. Samuels, who most recently served the company as president of its Americas region, had been with Quiksilver for twelve years. Craig Stevenson has been named interim President of Quiksilver Americ
Avia Partners with Troy Lee Designs
Avia announced a new partnership deal with Troy Lee Designs (TLD), the southern California-based company that produces custom graphic designs for the “world’s fastest racers.” TLD will co-create a collection of AVIA racing shoes with a limited release per
PSUN, Zumiez Comps Fall, The Buckle Still Strong
Pacific Sunwear of California reported that total PacSun sales for the fiscal month of December declined 9% to $196 million from $214.4 million in the year ago period. PacSun comp store sales decreased 10% for the month…
