Hibbett Sports Points to Strength in Footwear as Comps Inch Up Slightly
Hibbett Sports Inc. attributed a high-single digit increase in revenues for the third quarter ended Nov. 1 to strength in its footwear business, a segment that traditionally generates a significant portion of the retailer’s total sales…
Modell’s Hires Sporting Goods VP and GMM
Modell’s Sporting Goods hired Roger Kitch as the new VP and GMM for its Sporting Goods Division. Kitch joins the company bringing over 15 years of retail experience with him, most recently having been Senior Merchant for…
Confluence Expands Japanese Distribution
Confluence Watersports has appointed Montbell Co., Ltd. as the exclusive distributor in Japan for Wilderness Systems, Wave Sport kayaks and Adventure Technology Paddles…
Jarden Corp Adopts Stockholder Rights Plan
Jarden Corporation said its Board of Directors approved the adoption of a stockholder rights plan. The company said the adoption of the plan is “not in response to any current accumulation of shares or specific effort to acquire control of Jarden, but rat
Perry Ellis’ Q3 Revenues Slip 2.1%
Perry Ellis International's sales slid 2.1% to $222.8 million from $227.5 million a year ago. Strong results for the Perry Ellis brand, denim, golf and Hispanic categories coupled with better than expected results in international and licensing busin
Quicksilver, ESPN Continue Spat Over Logo
ESPN tevelvision network must face allegations by Quiksilver Inc. that a logo for its international X Games sports competition violates a clothing trademark, reports Bloomberg.com…
Grenade Logo Under Scrutiny at CO High School
Last week, in the midst of a school effort to clean the parking lot of profanity, a group of students at Brighton High School in Brighton, CO were asked by school administrators to cover the Grenade logo stickers…
ESPN to Face Quicksilver Trademark Allegations
A federal judge has ruled that ESPN, Inc. must face allegations of Quicksilver, Inc. that its X-Games logo violates Quicksilver’s “Generation X” clothing trademark…
Sport Chalet Hires First Ad Agency
Sport Chalet, Inc. has hired TM Advertising as its first advertising agency of record…
Warnaco Lays Off 45
Warnaco Group Inc. announced a cost-cutting plan on Wednesday that includes eliminating about 45 corporate jobs and reducing capital expenditures. At a conference hosted by Morgan Stanley, Warnaco chief executive Joe Gromek said the company's first r
Skins Closes Private Placement
Skins Inc., the developer of interchangeable footwear, has accepted subscription agreements for private placement units totaling $811,968 of which $475,000 cash proceeds have been received, $83,218 is derived from offsets against Board fees and consulting
Steve and Barry’s to Liquidate
Steve & Barry's has filed for bankruptcy protection a second time, less than five months after its initial filing, with a plan to fully liquidate. According to the company's Chapter 11 petition filed late Wednesday in Manhattan, the 276-store re
American’s Drive 4.4% Fewer Miles in September
Americans drove 4.4% less, or 10.7 billion fewer vehicle miles traveled (VMT), in September 2008 than September 2007, the eleventh-straight month of declining driving. The bad news, the decline has cost the Highway Trust Fund, the primary source of federa
Holiday Gift Card Sales Expected to Decline
Shoppers’ price-conscious mentality is taking a toll on the season’s most-requested present: gift cards. The National Retail Federation's sixth annual Gift Card Survey found that gift card sales will fall nearly 6% this holiday season to $24.9 billio
Hibbett Raise Earnings Outlook on 8.1% Sales Increase
Hibbett Sports Inc. raised its earnings outlook for the fiscal year ended Jan. 31, 2009 saying its IT investments were helping it better manage inventory and boost comp store sales despite economic headwinds. The company said net sales rose 8.1% on a 0.4%
