Precor Acquires Fitness Products International
Amer Group's Precor division has acquired Fitness Products International, a privately held company with executive offices and manufacturing facilities in Sun Valley, just north of Los Angeles. FPI serves the commercial fitness market with a range of
Everlast Restructures Series A Preferred Stock Minimum Redemptions
Everlast Worldwide Inc. announced that it has entered into an agreement with its Principal Preferred Stockholder, modifying its annual minimum redemptions. Under the terms of the agreement, in lieu of a cash payment for the redemption of a portion of the
NRF Projects 5.0% Retail Growth in 2004
Following a year of bumpy growth, the economy is poised for consistent gains in 2004. The National Retail Federation released its 2004 forecast, predicting that GAFS sales will increase 5.0% from last year. According to its Retail Sales Outlook Report,
SportsNewsSource and NSGA Renew Conference Partnership
SportsNewsSource LLC, which publishes several electronic and printed sporting goods industry newsletters, has renewed its partnership with the National Sporting Goods Association as the Official Conference Daily Newsletter for the 40th Annual NSGA Managem
No Whitewash Here; Finish Line Back in Black and Sees a Shift to Color in Footwear…
The Finish Line is showing no sign that their white hot trend is slowing after posting another blockbuster sales quarter and strong operational performance that catapulted the retailer into the black for Q3 ended November 29, 2003. FINL is also pointing
SGMA Releases Annual State of the Industry Report
There is further retail consolidation among retailers, as well as manufacturers. Internet sales strengthen. Licensed sales gain momentum. Federal funds back P.E. Those are just a few of the topics in the 2004 SGMA International State of the Industry r
Under Armour Enters Licensed Apparel Market
Under Armour Performance Apparel and the University of Maryland at College Park jointly announced Saturday that the performance apparel company will be the Division I-A football team's exclusive uniform provider, which will include fan apparel and ac
Forzani Under Investigation for Advertising Practices
The Forzani Group Ltd. was recently contacted by the Canadian Competition Bureau about certain of its advertisements. The Company said in a release on Thursday that they aways have been “committed to compliance with the advertising provisions of the Compe
Bell Canoe Appoints New Reps
Bell Canoe Works has grown its team of professional paddlesports representatives and expanded product distribution. Craig Johnson, Sales Manager, announced the company has signed agreements with two new rep groups and launched distribution into Eastern Ca
Forzani Holiday Comps Up 6.5%; Franchise Comps Jump 18.1%
The Forzani Group Ltd. reported that Holiday Season results for the eight weeks ended December 28th, 2003 showed a 10.9% increase in total retail system sales. Comparable retail system sales were up 6.5%. Comparable corporate stores sales increased 2.0%
Shoe Carnival December Comps Down 3.8%; Warns on Q4
Shoe Carnival, Inc. reported sales for the five-week period ended January 3, 2004 increased 6.1% to $60.5 million from sales of $57.0 million for the five-week period ended January 4, 2003. Comparable store sales decreased 3.8% for the five-week period.
Big 5 Sporting Goods Q4 Comps Up 3.6%
Big 5 Sporting Goods Corporation reported that net sales for the fourth quarter ended December 28, 2003 increased 8.5% to $191.8 million from $176.7 million in the same period last year. Same store sales increased 3.6% for the quarter, representing the 32
Pacific Sunwear December Comps Jump Another 12%
Pacific Sunwear of California, Inc. reported that total sales for December 2003 were $187.5 million, an increase of 22.6% over total sales of $152.9 million for the year-ago month. Company same store sales increased 12.0% for the comparable five-week peri
Urban Outfitters December Comps Jump 20%
Urban Outfitters announced record sales for the two-month period beginning November 1 and ending December 31, 2003. Total comparable store sales increased by 20%. Comparable sales at our Urban Outfitters and Anthropologie stores were up 19% and 21%, respe
Goody’s December Comps Up 0.5%
Goody's Family Clothing reported total sales for fiscal periods ended January 3, 2004, compared with fiscal periods ended January 4, 2003. Total sales rose 1.4% while Comparable store sales are up 0.5%…