Puma Board Gives PPR Offer the Thumbs Up…
After SAPARDIS S.A., a subsidiary of PPR S.A., made its offer last week to acquire the remaining shares of PUMA AG for €330.00 per share, the industry was left waiting to hear PUMA's position on the offer. Early Thursday, the Board of Management and
Orange 21 Sees Flat Q1, but Loss Widens…
Orange 21 struggled through the first quarter with essentially flat sales and income in spite of better margins and lower R&D expenses. Management said that this flat performance was expected as they work to reposition the brand and build demand for their
Urban Outfitters to Launch ‘Greenhouse’ Inspired Retail Concept
Urban Outfitters, Inc. plans to launch a fourth retail concept, this time focused on lifestyle home and garden products as well as antiques, live plants and flowers. The chain will draw inspiration from greenhouses…
SkyGolf Adds Golden as VP Business Development
Brian Golden has been named VP of business development at SkyGolf, LLC, marketer of the SkyCaddie GPS Rangefinder. In his new role, Golden will be responsible for working on sales and marketing initiatives, as well as building an International distributio
Skechers Addresses Private Equity Buyout Speculation
Robert Greenberg, Chief Executive Officer of Skechers, Inc. released a letter to the Company's Employees. While the letter claims that a private equity firm's potential buyout of Skechers is simply a rumor that is “disruptive to our employees a
Gander Mountain to Open Nine New Stores
Gander Mountain Company announced nine stores to open in the fall of 2007. These stores will complete the company's plan to open 13 new stores in 2007, bringing the Gander Mountain network to 115…
MEC Joins Bluesign
bluesign technologies announced that Mountain Equipment Co-op is a new bluesign® member. As a bluesign® member, MEC enters an exclusive circle of leading retailers and brand companies who decided to rely on the bluesign® standard in practically managing a
Genesco Warns on Q1 Results; Will Shutter Doors…
Genesco Inc. announced last week that it expects to report weaker first quarter comp store sales results at its Hat World chain and sharply lower comps at its Underground Station group, prompting the company to lower its earnings forecast for the first qu
Grassroots Launches Dual Web Platforms…
The Grassroots Outdoor Alliance unveiled its new 'dual' web portal. The new web presence includes the Alliance's blog and a website portal. The Alliance chose to have a dual web presence to encourage daily interaction…
Everlast Sponsors U.S. Amateur Boxing
Everlast Worldwide Inc. has signed a two-year sponsorship and licensing agreement with U.S. Amateur Boxing, Inc., the National Governing Body for the sport of amateur boxing. Under the terms of the agreement, Everlast will be the exclusive boxing equipmen
BCM Expands Fundraising Initiatives
Expanding beyond its traditional Summit for Someone fundraising events, Big City Mountaineers is tapping into events, in-store fundraisers and grants to raise money for its summer youth backpacking program…
Rumors Swirl Around Potential Backpacker Magazine Sale…
Folio is reporting that Rodale is in the final stages of selling Backpacker magazine to a private equity backed media company called Active Interest Media…
TAF Parent Reports Small Loss for Q1
NexCen Brands, Inc. Licensing, royalty and franchise fee revenues totaled $3.9 million for the first quarter. Net loss, which includes income from discontinued operations of $447,000, was ($198,000). The net loss per share calculates to 0 cents. Included
Stage Stores Comps Fall 14.8% in April
Stage Stores, Inc. total sales for the four-week April period beginning April 8, 2007 and ending May 5, 2007 decreased 13.8% to $102.6 million from $119.0 million in the prior year four-week period beginning April 2, 2006 and ending April 29, 2006. Compar
BJ’s Wholesale Club April Comps Slip 2.1%
BJ's Wholesale Club, Inc. net sales for the month of April 2007 increased by 1.9% to $618.5 million from $606.7 million for April 2006. On a comparable club basis, April sales decreased by 2.1%…
