Foot Locker Sales Increase 3%; Income Loses Ground
Foot Locker Inc. report that sales for the third quarter increased 3.1% to $1,408 million this year compared with $1,366 million in the year-ago period. Third quarter comparable-store sales increased 2.7%. Net income for the quarter was 42 cents per share
Coleman Focuses on Chain and Specialty Retailers
The Coleman Company is launching initiatives to strengthen its mass store sales organization, while refocusing the sales force mandate to better support its enhanced specialty store sales initiatives. The move is part of a global strategy to strengthen th
Johnson Outdoors Narrows Q4 Loss on 2% Sales Increase
Johnson Outdoors fiscal fourth quarter sales were $77.1 million, an increase of 2% compared to $75.6 million for the prior year quarter. Net earnings for the quarter improved to a net loss of $3.4 million or 39 cents per diluted share versus a net loss of
Podium Distribution Opens UK Subsidiary
Podium Distribution, designer, marketing, and distributing arm of DVS Shoe Company, Matix Clothing, and Lakai Limited Footwear, announced the official opening of its London-based subsidiary office, Revival Distribution UK, Ltd. This new subsidiary will fo
Prince Sports Ranks Third in Tennis Shoes
Prince recently found itself in good company – just behind mega sports brands Adidas and Nike – rounding out the top three year-to-date dollar share for a tennis shoe brand, according to the third quarter Specialty Store Retail Audit report for string and
Gander Mountain Q3 Comps Fall 8.5%; Reports $7.5 Million Net Loss
Gander Mountain Company third quarter sales increased 20% to $214.4 million while Comparable store sales decreased 8.5%. The company reported a net loss for the third quarter of 2005 of $7.5 million, compared to a $1.7 million restated profit for the thir
Gander Signs Leases for Three New Stores
Gander Mountain Company signed leases for three new outdoor lifestyle specialty stores to open in the spring of 2006. All of the new stores will be built for Gander Mountain with approximately 65,000 square feet plus outside selling space. Each will inclu
Royal Robbins Hires Scott Hamlin as Product Director
Royal Robbins hired Scott Hamlin as its new Director of Product. Scott has more than 13 years of product and branding experience, working with international brands, including adidas and Jockey. As Royal Robbins’ Director of Product, Hamlin will be respo
Mizuno Opens ‘SOZO’ Design Center
Mizuno Corp. and Mizuno USA announced the opening of a cutting edge Global Design Center for the company’s performance running division. The Mizuno SOZO Design Center is located in Portland, Oregon, and will be utilized by Mizuno USA and the Mizuno Globa
Billabong in Airport Retail JV
Billabong announced it has formed a joint venture
arrangement with airport-based surfwear retailer beachculture. The move will see the beachculture business transferred into a new company, which will be owned by existing beachculture owner John Brooks and
Riddell Bell Sees Acquisition Boost Sales Gains
Riddell Bell Holdings, Inc. reported that net sales for the fiscal quarter ended October 1, 2005 increased $64.4 million or 167.2% from the comparable period of the prior year largely a result of the acquisition of Bell Sports. RBH's operating income
Zumiez Posts 27% Q3 Sales Jump
Zumiez Inc. reported total net sales for the third quarter ended October 29, 2005 increased by 27.2% to $57.4 million from $45.1 million in the year-ago quarter. Net income for the quarter was $5.3 million or 37 cents per diluted share, up from net income
Nike Appoints Kempa President of Exeter Brands Group
NIKE, Inc. has named Lisa Kempa as president of its Exeter Brands Group. Kempa previously was chief financial officer of Converse, also owned by Nike. She will continue reporting to Converse CEO Jack Boys, and will establish a close working relationship w
All Polartec Styles Receive Oeko-Tex Certification
Malden Mills announced that all existing styles of Polartec fabric have received the Oeko-Tex Standard 100 Certification and all new styles will be tested for approval on a rolling basis. Textiles that have been tested to the criteria of the Oeko-Tex Stan
Under Armour Raises IPO Price Range Ahead of Thursday Debut
Under Armour’s road trip has apparently been as positive as most in the industry would have expected, encouraging the company to raise the estimated price range of its IPO to between $10 and $12 per share ahead of its expected debut on Thursday. The new
