SGB Sports & Fitness

Target July Comps Fall 6.5%

Target Corporation sales for the four weeks ended August 1, 2009 were $4.42 billion, a decrease of 3.2% from $4.57 billion for the four weeks ended August 2, 2008. On this same basis, July comparable-store sales decreased 6.5%…

Crocs Sales Slide 11.3% in Second Quarter

Crocs, Inc. reported Q2 revenue slid 11.3% to $197.7 million from $222.8 million a year ago but exceeded company guidance for the quarter. On a non-GAAP basis, the company’s Q2 2009 net loss after taxes was $5.0 million, or 6 cents a share…

Dorel Acquires Gemini Bicycles

Dorel Industries has acquired assets of Sydney-based Gemini Bicycles for US $2.2 million. The business will become part of Dorel's Cycling Sports Group (CSG)…

Sportsman’s Warehouse to Emerge from Bankruptcy

Sportsman’s Warehouse, Inc. announced that the U.S. Bankruptcy Court for the District of Delaware has confirmed its Plan of Reorganization sponsored by an affiliate of Seidler Equity Partners, a private equity firm based in Southern California. The compan

Converse Nears $1 Billion Mark; Other Nike 10-K Notes

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

PPR: Puma Second Quarter Sales Rise 4.4%

Puma AG's sales rose 4.4% to €595 million ($810 million) during the second quarter on a reported basis, according to the quarterly report of its parent, French-based luxury and retail conglomerate PPR SA. Operating income was flat for the period ver

Golfmith’s Earnings Slide 21% in Second Quarter

Golfsmith International Holdings, Inc. reported second quarter revenues slid 11.7% to $114.8 million from $130.0 million a year earlier. The decline reflects 9.5% decrease in comparable store sales and a 28% tumble in revenues from its direct-to-consumer

Profits at Steve Madden Jumps 59.1%

Steve Madden reported second quarter net sales increased 6.5% to $116.5 million. Net income jumped 59.1% to $12.1 million, or 66 cents a share, from $7.6 million, or 43 cents, a year ago…