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NSGA Reports Sneakers Sales Off 4% in H1 2002

NSGA is reporting that retail sales of sport footwear fell 4% for the six-month period, October 2001 through March 2002, according to data released by the National Sporting Goods Association (NSGA). Sales for the six-month reporting period were $6.49 bill

NSGA Hosts Updated Footwear Panel at Conference

The NSGA management conference will host a panel discuission that includes leading retailers of athletic footwear from various channels to share their views on what retailers need to do in order to remain profitable…

Luxottica Group Signs License for Versace Brands

Luxottica Group S.p.A. and Versace Group jointly announced the signing of a worldwide license agreement for the design, production and distribution of Versace, Versus and Versace Sport sunglasses and prescription frames…

Royal Precision Cuts Second Quarter Losses

Royal Precision Inc. continues losing money, but the maker of golf club shafts and grips managed to cut its losses in the quarter ending Nov. 30 by almost two-thirds thanks to a 23% jump in sales…

Frisby Files For Bankruptcy Protection

Frisby Technologies, Inc. announced that it has filed a voluntary petition for Chapter 11 reorganization with the U.S. Bankruptcy Court for the Middle District of North Carolina…

Speedo Parent Bankruptcy Reorg Plan Accepted

The Warnaco Group, Inc., parent of apparel brands Speedo and Authentic Fitness, announced that the U.S. Bankruptcy Court for the Southern District of New York confirmed its Plan of Reorganization on Thursday…

Federated Predicts a Flat 2003

Federated Department Stores, Inc. provided preliminary earnings guidance for fiscal 2003, which will be further refined with the conclusion of fiscal 2002 and when year-end earnings are released on February 25…

Big 5 Backs Off Q4 Expectations

Big 5 Sporting Goods backed off earlier earning per share guidance and saw fourth quarter same-store sales soften. The largest-sports-retailer-on-the-west-coast now expects Q4 GAAP-calculated EPS in the to be $0.38 to $0.40 range versus the $0.42 to $0.4

Phoenx Footwear 2002 Net Sales Rose 5.7%

Phoenix Footwear Group, Inc. announced that total net sales of its Trotters and SoftWalk brands for the year-ended December 31, 2002 were $36.2 million, an increase of 5.7% compared to the year-ended December 31, 2001…

The Athlete’s Foot Expands in Canada

The Athlete's Foot Marketing Associates, Inc., a subsidiary of The Athlete's Foot Group, Inc. has signed an agreement with Wayne Metcalf for franchise rights to open The Athlete's Foot stores throughout Calgary, Alberta in Canada…

Footstar SVP/Finance Resigns

Footstar, Inc. announced that Thomas Baumlin, Senior Vice President of Finance, has decided to leave the Company effective January 31, 2003, following a reorganization of Footstar's finance organization…

SIA Reports Chain Store SnowSports Sales Up 4.2%

SnowSports Industries America said chain stores sales were up by 4.2% for August through November compared to the same period of 2001. In dollars, that translates to $132.9 million in sales so far this year compared to $127.6 million in 2001. The unit sal