Billabong’s FY Earnings Climb 5.5%
Billabong International Limited announced a net profit after tax (NPAT) of A$176.4 million ($155.2 million) for its fiscal year ended June 30. The represents a 12.6% gain in constant currency terms and 5.5% in reported terms, reflecting the strength of th
Perry Ellis Suffer Q2 Loss
Perry Ellis International, Inc. reported a net loss in the second quarter was $5.4 million, or 36 cents per fully diluted share compared to net income of $267,000, or 2 cents per share, last year. The latest quarter was impacted by a combined 27 cents per
Survey Indicates Gas Prices Are Driving Bike Sales
Is there an upside to high gas prices? If you’re a bicycle retailer, there can be—particularly in the service department. Bikes Belong has just completed a survey of more than 150 bicycle retailers from nearly 40 states to see if their summer 2008 sales r
The North Face Becomes bluesign Member
The North Face has become a member of bluesign, the Swiss standards organization that helps companies measure their environmental footprint, conserve resources during production and develop more sustainable and transparent production processes…
Interbike International Expo Set to Exceed Last Year’s Numbers
Interbike announced pre-show numbers for the indoor portion of the industry's annual gathering, the International Bicycle Expo, are expected to match or exceed the numbers from last year's show. The 2008 International Bicycle Expo already includ
OIA Members Pledge to Take Kids Outdoors
More than 2,500 members of The Outdoor Industry took a pledge during Outdoor Retailer Summer Market to take at least two children outside during the next year to experience any outdoor recreation activity…
Russell Athletic, GA Tech Team Up
Russell Athletic and Georgia Tech Athletic Association (GTAA) announced an agreement that designates the Atlanta based athletic apparel brand as the first “performance institution” and Official Uniform and Sideline Supplier of Georgia Tech athletics throu
PacSun Sales Up Slightly for Q2
Pacific Sunwear of California, Inc. reported that total sales for the second quarter of fiscal 2008 ended August 2 were $312.7 million, an increase over sales totals of $311.8 million for the same period last year. Total company same-store sales, however,
Marker-Völkl USA Moves Into New HQ
Marker-Völkl USA, US distributor for two leading winter sports brands, moved its US operations recently to new digs in Lebanon and Claremont, NH…
Bay Harbour to Acquire Steve and Barry’s
Bay Harbour Management LC plans to purchase out of bankruptcy the assets of Steve & Barry's for $168 million. The New York-based investment firm plans to keep open about 150 of the chain's 276 stores, according to the Bay Harbour managing princi
Shoe Carnival’s Q2 Sales Climb 2.4%; Earnings Soar
Shoe Carnival, Inc. reported earnings for the second quarter increased more than five-fold, to $977,000, or 8 cents a share,, from $167,000, or 1 cent, a year ago. Sales increased 2.4% to $158.5 million compared to sales of $154.8 million for the prior ye
The Buckle Reports 88.9% Jump in Q2 Net Income
The Buckle, Inc. posted an 88.9% jump in second quarter net income to $22.3 million, or 72 cents per diluted share from $11.8 million, or 38 cents per diluted share last year. Net sales for the second quarter increased 36.6% to $169.8 million from net sa
Imperial Headwear Acquires Watership Trading Companie
Imperial Headwear, Inc. has acquired Bellingham, Washington-based Watership Trading Companie, marketer and distributor of technically advanced weather and sun protection hats. Watership founders Greg and Carol Frechette, who launched the company in 1989,
Dick’s Sporting Goods Q2 Slips But Exceeds Guidance
Dick's Sporting Goods reported net income slid 5% in the second quarter ended Aug. 2, to $45.5 million, or 39 cents per diluted share, excluding the impact of costs related to the Golf Galaxy integration. The results exceeded earnings guidance provid
Nike to Open Concept Store in SOHO
Nike plans to open its first stand-alone retail location for its Nike Sportswear line this Friday, August 22nd. The store front, located at 21 Mercer Street in New York's SOHO district, will be the only place globally to carry the complete Nike Sport
