The Finish Line, Inc. reported recently net sales for the third quarter ended Nov. 28 slipped 0.2% to $240.1 million versus net sales of $240.6 million a year ago. As previously disclosed, the company exited the Man Alive business effective July 4, 2009.
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Hat World Acquires Sports Fan-Attic
Genesco Inc. announced that its Hat World subsidiary has completed the acquisition of the assets of Sports Fan-Attic, a Tampa, Fla.-based retailer of licensed sports headwear, apparel, accessories, and novelties, with 37 stores in seven states, and revenu
Hat World Acquires Great Plains Sports
Hat World Inc., a subsidiary of Genesco Inc., said its Impact Sports division has acquired Great Plains Sports of St. Paul, MN. Great Plains Sports is a team sporting goods dealer and also operates the sporting goods store, Steichen's Sporting Goods
Skate Footwear Shoes Hit a Bump – Not the Wall!
Although skate shoes are showing some signs of softening, the category certainly is not in crash mode. Conversations within the industry as well as data from SportScanINFO indicates that what's occurring is a slowing in sales gains in the recessionar
Retail First Quarter May Have Been the Bright Spot
The first quarter marked a slight emergence for the overall retail market after a treacherous back-end of 2008, but a cash-strapped consumer continues to pinch pennies and the economy continues on its winding and languid track back to normalcy. Top-lines
SEW Goes One-On-One with… Foot Locker’s MATT SERRA
Last week, Foot Locker, Inc. announced that Ken Hicks, president and chief merchant of J.C. Penney Co., would become its new president & CEO, effective August 17. Hicks will succeed Matt Serra, who has been CEO of Foot Locker since March 2001 and chairman
Piper Jaffray Retail Conference: Industry Hunts for Growth
While speakers at last week's Piper Jaffray retail conference in New York came loaded with stories about what they're doing to cut costs and inventories, most also touted plans to get growth going again…
Hat World Paid $6.4 Million for Team Dealer
Hat World acquired the assets of Impact Sports, a dealer of branded athletic and team products for college and high school teams, for a purchase price of $5.1 million plus assumed debt of $1.3 million funded from borrowings under the credit facility, acco
The Finish Line Sees Improvement as Fiscal Q4 Closes; Tests New Format
The Finish Line, Inc. continues to see its Man Alive urban nameplate as a drag on the business even as its namesake Finish Line stores posted pretty solid results in the company’s fiscal fourth quarter ended February 28. Consolidated net sales decreased
Hat World Acquires Impact Sports
Hat World, Inc., a subsidiary of Genesco Inc., acquired Impact Sports, a team dealer, custom screen printer and embroidery operator based in Madison, WI. Impact Sports targets colleges and universities, high schools, bookstores, corporations and youth or
The Finish Line Narrows Q4 Loss Despite Comp Sales Decline
The Finish Line Inc.'s sales decreased 4.9% in the fourth quarter ended Feb. 28, to $364.1 million from $382.8 million a year ago. Consolidated comps were down 3.9%. By concept, comps were down 2.3% at Finish Line and 25% at Man Alive. The company re
Hat World Acquires Impact Sports
Hat World, Inc., a subsidiary of Genesco Inc., said it recently acquired Impact Sports, a team dealer, custom screen printer and embroidery operator based in Madison, Wis. Terms weren't disclosed…
Wall Street Icon John Shanley Loses Battle with Cancer
John Shanley, the top-ranking veteran footwear and retail research analyst at Susquehanna International Group, passed away last Sunday, after battling with bladder cancer for more than four years. He was 65 years old. Shanley had 25+ years of experience
Specialty Takes it Day-by-Day While Mass Retail Strategies Get Bullish
Genesco Inc. said same-store sales for the quarter-to-date period ended January 10, were down 4%. Among the divisions, comps at Journeys Group for the quarter-to-date are down 1% and Hat World Group is down 4%. Additionally, Underground Station comped d
Retailers See Sales Increase, Comps Down in Q3
Retailers in the active sports lifestyle market posted reasonable sales growth for the fiscal third quarter in the light of the general malaise in the market, as sales grew 3.4% on a consolidated basis for the public company retailers tracked by Sports Ex
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