Stein Mart December Comps Fall 9.3%, Reduces Expense Structure
Stein Mart, Inc. saw total sales for the five-week period ending Jan. 3, 2009 of $178 million, a decrease from $196.3 million during the comparable period last year. Comparable store sales dropped 9.3% for the five-week period ended Jan. 3, 2008, an incre
OIA: November Outdoor Sales Slide 11%
According to most recent edition of The OIA Outdoor Topline Report, retail sales for all core outdoor stores (chain, internet, specialty) fell 11% in dollars ($407,383,909) compared to November 2007($458,334,314), the first month of overall dollar sales d
Skechers, Adjmi Team Up for Kids Apparel Line
Skechers USA said that Adjmi Apparel Group has been named the licensee for a new Skechers-branded children’s clothing line set to launch in Fall 2009 at department, specialty and online retailers that carry Skechers Kids footwear…
Columbia Sportswear Promotes Cusick to CFO
Columbia Sportswear Co. will promote Thomas B. Cusick to the executive position of VP, CFO and treasurer, effective Jan. 23. Cusick has served in senior financial management roles with Columbia Sportswear since joining the company as corporate controller
Several Retailers to Shutter Doors for Good (Year in Review)
A sluggish economy stampeded through an already-fragile industry like a rogue tornado in 2008, flattening everything in its path and leaving behind a smattering of once-proud companies that were unable to pick themselves off the proverbial mat…
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…
Greg Norman Collection Enters Agreement with Vantage Apparel
President and CEO Michael Setola announces that Greg Norman Collection has entered into a licensing agreement with Vantage Apparel to sell and distribute GNC apparel into the corporate sales channel. The new agreement is effective immediately…
Management Shakeup at JJB Sports
JJB Sports, the struggling U.K. sporting goods chain, has named David Jones, the former chief executive of U.K. fashion chain Next, as executive chairman. Peter Williams, the former chief executive of the Selfridges U.K. department store, has also been ap
California Pro Sports Forms Joint Venture
California Pro Sports, Torrance, Cal. team dealer,, announced a unique joint venture with Tyler Sports, Inc., operated baseball/softball training facilities, and The Perfect Fit, a sports marketing firm. The venture will enable the three regional compani
Holiday Was Just as Tough as Everyone Expected
Holiday 2008 proved to be just as disappointing for many in the retail sphere as everyone worried beforehand. Though anecdotal evidence from much of specialty retail held slightly better results than the general market…
Mizuno Opens New Distribution Center
MIZUNO USA, INC. held an official grand opening ribbon cutting ceremony for the company’s new 300,000 square foot distribution center in Buford, GA…
Vasque Sponsors the Hasegawa Cup Trail Race
Vasque footwear expanded its international influence by sponsoring what is considered the biggest, longest, toughest and yet most popular endurance race in Japan – the Hasegawa Tsuneo Cup Mountain Endurance Race…
Sheri Poe Out at MBT
MBT reports that Sheri Poe will no longer serve as CEO of U.S. operations. Ken Pucker, who was named interim global CEO in early November, will assume her responsibilities for managing the U.S. entity of MBT…
Hot Products in a Cold Season
ACROSS THE SNOWBELT many runners continue to pursue their passion regardless of how low the temperatures drop. Keeping these diehard enthusiasts warm, upright and safe offers running specialty retailers a steady source of sales until spring arrives…
L.L. Bean Plans Layoffs
L.L. Bean is considering a company restructuring, cost cutting and layoffs to deal with a double-digit drop in sales over the holiday period. In an e-mail to employees first obtained by the Times Record newspaper in Maine, Chris McCormick, president and c
