SGB Sports & Fitness

Forzani Comps Fall 1% in Second Quarter

The Forzani Group Ltd. total revenue for the second quarter was up 0.3% from a year earlier and included an 8.1% gain in wholesale sales to third parties and the franchise network. Comparable store sales fell 1.0% during the quarter. Forzani slipped to a

Wolverine World Wide Restructures Outdoor Group

Just before press time last week, Sports Executive Weekly learned that Wolverine World Wide is restructuring the reporting structure of its Outdoor Group. The main component of this restructuring was the appointment of Bill Dodge as vice president – produ

SGMA: Team Sports Impacted by Economy

According to recent research conducted by the SGMA, overall participation numbers in team sports are not as strong as they once were. The popularity of traditional team sports in the U.S. is being undermined by four key issues: the struggling U.S. econom

Cherokee Inc. to License JEM Sportswear

Cherokee Inc. entered into an exclusive agreement in the U.S. with JEM Sportswear for men’s and boy’s knit tops for its Sideout brand. JEM Sportswear, based in San Fernando, CA, currently has 35 active licensing deals with Disney, Hasbro, Fox,

Nordstrom Reports August Comps Slide 7.6%

Nordstrom, Inc. reported a 7.6% decrease in same-store sales for the four-week period ended August 29. Total sales were $541 million for August 2009, a decrease of 3.0% compared with $558 million for the same period in fiscal 2008…

Kohl’s August Comps Increase 0.2%

Kohl’s Corporation total sales for the four-week month ended August 29, 2009 increased 4.8% to $1.32 billion compared to $1.26 billion during the four-week month ended August 30, 2008. On a comparable store basis, sales increased 0.2%…

Saks Comps Tumble 19.6% in August

Saks Inc. reported an 18.2% decline in sales during August, to $160.8 million from $196.4 million a year earlier. Comps decreased 19.6% for the month…

Neiman Marcus’s August Comps Tumble 16.6%

Neiman Marcus, Inc. reported August sales fell 15.3% to $241 million from $285 million a year ago as comps plunged 16.6%. Comps in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 19.6%…

Amer Lowers FY Guidance, Exploring Sale of Mavic

Amer Sports said it is currently exploring alternatives in respect of its cycling business Mavic, including a divestiture. It also warned that current estimates for FY09 are “too optimistic” given current economic conditions while unveiling a €150 m

BIKE EXPO 2010 to be held in July

BIKE EXPO 2010 in Germany will be held from July 22nd to July 25th. Messe München GmbH, the organizers, said the dates were confirmed in several meetings with industry representatives…