Hartman Resigns Foot Locker CFO Post; McHugh Steps Up
Foot Locker, Inc. announced Monday that Robert W. McHugh has been named SVP and CFO. Mr. McHugh, presently the company's VP and chief accounting officer, succeeds Bruce L. Hartman who has resigned from Foot Locker, Inc. and has accepted a position at
FESI Battles EU Anti-Dumping Measures…
The Federation of the European Sporting Goods Industry is fighting anti-dumping measures under consideration by European trade commissioner, Peter Mandelson, which could severely limit footwear imports from China and Vietnam. FESI is making arguments simi
Langstaff Appointed President of adidas America
adidas-Salomon AG has appointed Rob Langstaff as president of adidas America Inc., its subsidiary in North America, effective January 1, 2006. A U.S. citizen and 14-year adidas veteran, Rob Langstaff will be in charge of all adidas operations in the Nort
Shoe Carnival Continues to Grab Women’s Business…
Shoe Carnival, Inc. posted its highest quarterly earnings in its history in the fiscal third quarter ended October 29, thanks in large part to a whopping 21.2% comparable store increase in the month of October that lifted the quarterly top-line and increa
RMP Adds Fila to Canadian Distribution Portfolio
Fila has entered into a regional distribution agreement with RMP Athletic Locker Ltd. to selectively distribute the brand in Canada, beginning December 1, 2005. RMP’s Russ English trailed Fila for three years in a bid to add upscale performance to the com
Riddell Bell Sees Strong Q3; Builds War Chest to Build Portfolio…
Riddell Bell Holdings relied on acquisitions to fuel the majority of its fiscal third quarter growth, but also managed to drive strong organic growth in both of its divisions. While reported sales more than doubled during the quarter because of these acqu
Collegiate Pacific Sees Acquisitions, Organic Growth More Than Double Q3 Sales…
Collegiate Pacific Inc. reported its results for the first fiscal quarter of 2006 ended September 30, 2005 with sales increasing 124.7% to $65.3 million from $27.7 million during the same period last year. The huge gain comes largely on the heels of the
Zumiez Shows Benefits of Balanced Growth and Monthly Consistency…
Zumiez Inc. strung together three consecutive months of strong comparable store sales gains during the third quarter to average out to a 9.8% overall comp sales increase on top of a 9.0% gain in the year-ago quarter. Management was predictably excited ab
Perry Ellis Targets Action Sports with Gotcha and GirlStar Acquisition
Perry Ellis International has signed a definitive asset purchase agreement to acquire primarily all of the worldwide intellectual property, including the Gotcha and GirlStar trademarks and the intellectual property license agreements, of the leading Calif
New Stores, Comp Gains Help Golfsmith Q3 Sales…
Golfsmith International saw the addition of six new stores and a weak Q3 last year, combine to create a 15.7% jump in sales revenues for the third quarter of 2005. These revenue gains trickled down to more than double the company’s net income, though off
Eesa Adds Greg Fugate to Rep Team
Known for his strange antics in-and-out of shop clinics Greg “The Animal Steel” Fugate joins the eesa clothing rep force. Fugate took time away from his rigorous shop clinic schedule to find out more about the eesa brand from Fran Frost eesa’s Global Sal
Orange 21 Hits Q3 Sales Target; Misses Earnings…
Orange 21 Inc.'s net sales for the third quarter climbed 8.4% to $10.8 million compared to $10.0 million in 2004, but net income for the quarter fell to $192,000, compared to net income of $517,000 in 2004. Earnings per diluted share were two cents c
As TSA Gets its Operational House in Order in Q3…
The Sports Authority, Inc. swung to a net profit in the fiscal third quarter ended October 29, but also saw a sharp jump in net income when excluding integration costs of merging the TSA and Gart businesses in the year-ago period. The retailer appears to
Patagonia Lands Deal with MEC
Patagonia inked a deal with Mountain Equipment Co-op that will make Patagonia the largest apparel supplier to the Canadian retailer by fall 2006. The two companies have been in discussions for years, but before now, Patagonia was not featured in MEC store
Bob’s Stores Continues to Post Expanding Losses…
Bob’s Stores, which was acquired by TJX Companies out of bankruptcy in December 2003, continues to disappoint its new parent. The exodus of TJX and Bob’s senior management continued over the last few weeks after Ben Cammarata, chairman and acting CEO of
