Converse widened its gap over the other brands in the Nike, Inc. subsidiary portfolio for the fiscal year ended May 31 and looks to be poised to reach the billion dollar mark in the current year. Converse posted a 12.6% increase in revenues for the fisca
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SGB Publishes 2009 Top 100 Retailers Report
The SGB Retail Top 100 list has had its years of change in the past – due mostly to mergers and acquisitions of late – but this year marks the exit of one iconic retailer in 2008 and another that saw its last entry in 2009. The turmoil of the last year h
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
Forzani Responds to Dissident Proxy Circular
The Forzani Group Ltd. mailed to shareholders a letter and accompanying WHITE proxy. The letter from Chairman John Forzani responds to a dissident proxy circular issued by the New York hedge fund Crescendo Partners, which opposes two Forzani nominees for
adidas Group Struggles with North America
Herbert Hainer, CEO and chairman of the adidas Group, warned previously that North America would be the company's “most challenging” market in 2009 and that prediction has certainly come to fruition in the first quarter of the year. On a currency-ne
Maturing Performance Apparel Sees Gains Moderate
Performance apparel has been the darling of the sporting goods apparel business over the last few years, netting strong double-digit gains that have masked weakness in many other areas of the apparel market. The categories that make up the performance se
Gwen Manto Exits Dick’s SG
Gwen Manto left her role as EVP and chief merchandising officer of Dick's Sporting Goods, Inc., effective April 13. According to a filing with the SEC, DKS does not expect to replace her in this position but will instead realign its merchandising org
TapouT Co-Founder Dies in Car Crash
The co-founder and icon of the of mixed martial arts apparel label, TapouT brand Charles Lewis Jr., a.k.a., “Mask,” died in a Newport Beach car accident. Tapout was founded by Lewis Jr. and Dan Caldwell, who went by the alias ˜Punkass”, in 1997…
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
Jeff Rosenthal Promoted to Hibbett’s President and COO
Hibbett Sports, Inc. announced the promotion of Jeff Rosenthal, the company's vice president of merchandising, to president and chief operating officer, effective immediately. Rosenthal has been involved in the industry since 1981…
John Shanley Loses Battle with Cancer
John Shanley, 65, veteran footwear and retail research analyst at Susquehanna International Group, passed away last Sunday, after battling with bladder cancer for more than four years. Shanley had twenty-five plus years of experience within the footwear a
Serena Williams Becomes Partner of Athletic Skincare Line
Tennis superstar Serena Williams has joined MISSION Skincare as a co-founder and partner of the athlete-engineered skincare product. Williams will join a list of co-founders that includes 2-time league MVP Steve Nash, 2-time gold medal soccer player Mia H
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
The Deals of the Year (Year in Review)
The Deals of the Year, 2008…
Though lacking any of the major blockbuster deals like adidas/Reebok or even Quiksilver/Rossignol that seemed to fuel speculation in years past, 2008 did see a healthy amount of M&A activity as companies looked to achieve b
2008 Was Rough, But What Exactly Will 2009 Look Like for the Industry? (Year in Review)
With the popping of the housing bubble quickly wreaking havoc across Wall Street and global economies, the sporting goods industry suddenly faces its biggest challenge since the Great Depression…
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