ESPN Finalizes Sale of BASS to Investor Group
ESPN Inc. has finalized the sale of BASS, LLC to a group of investors including Don Logan, Jerry McKinnis and Jim Copeland. An agreement in principle was announced in August by ESPN and the transaction was completed Monday…
The Buckle’s October Comps Increase 2.6%
The Buckle, Inc.'s comparable store net sales for the four weeks ended Oct. 30 increased 2.6% from comparable store net sales for the year earlier period. Net sales for the four-week fiscal month increased 6.7% to $71.1 million from net sales of $66
Timberland Revenues Rise 2.5% on Growth Overseas
The Timberland Co. reported revenue increased 2.5% to $432.3 million compared to the prior year period, reflecting growth across Europe and Asia, partially offset by a decline in North America. Net income jumped 38.1% to $52.2 million, or diluted earning
Stage Stores October Comps Dip 3.5%
Stage Stores, Inc. reported that its total sales for the four week October period ended Oct. 30, 2010 decreased 1.1% to $100 million from $101 million in the prior year four week period ended Oct. 31, 2009. Comparable store sales decreased 3.5%…
J.C. Penney’s Comps Dip 1.9%
J. C. Penney Co., Inc. reported its comparable store sales decreased 1.9% for the four-week period ended Oct. 30, 2010. Geographically, the company's best performing regions were the northeast and southwest regions, as compared to the central and nor
TJX Reports Flat Comps
The TJX Companies, Inc. reported sales for the four-week period ended Oct. 30, were $1.8 billion, up 5% over the $1.7 billion achieved a year ago. Consolidated comparable store sales were flat…
Orange 21 Gains Additional Financing
Orange 21 Inc., the owner of the Spy Optic eyewear brand, said that effective Nov. 1, its wholly owned subsidiary Orange 21 North America Inc. (O21NA), entered into a $1.0 million promissory note with one of Orange 21 Inc.'s shareholders, Costa Brava
ACE Publishes Annual Fitness Survey
The American Council on Exercise (ACE) announced the top ten fitness trends for 2011. With over 2,700 responses, the findings conclude that consumers have a more positive outlook on the future economy and also realize the importance of taking care of them
Golfsmith International Third Quarter Bottom Line Shrinks on Store Closings
Golfsmith International reported third quarter sales for the period ended Oct. 2 edged up 3.0% on sales generated by new stores, although the company recorded a loss due largely to charges related to store closings…
West Marine Earnings Fall Short in Third Quarter
West Marine third quarter revenues were up 2.6% to $172.5 million versus $168.2 million in the prior-year quarter. Despite the uptick in revenues, earnings slid 14.5% to $7.4 million, or 32 cents a share, from $8.5 million, or 38 cents, in Q3 last year…
Strong Winter and Outdoor Sales Spur Jarden’s Q3 Sales
Jarden Corp. said sales at its Outdoor Solutions segment, which owns Coleman, Campingaz, K2, Marmot, Penn, Rawlings, Shakespeare, Stearns, Volkl and Zoot reached $604.7 million in the third quarter ended Sept. 30, up 6.9% from the same period a year ago,
Luxottica Sees Positive Q3 Gains in Wholesale and Retail
Luxottica reported that third quarter net profit rose 34.5% to €101.9 million ($132 mm) from €75.8 million ($98 mm) in the year-ago period. Sales rose 19.7% at to €1.47 billion ($1.90 bn), up 8.6% in constant-currency terms…
Blacks Leisure Cuts H1 Loss; Takeover Talks Ensue
Blacks Leisure, the owner of the Blacks and Millets outdoor chains in the U.K., said takeover talks with several parties are continuing while reporting that its first half losses narrowed…
European Trade Groups to Monitor Regulatory Climate
The Federation of the European Sporting Goods Industry (FESI) will begin advising the European Outdoor Group’s (EGO) Sustainability Working Group Standards and Regulation Committee under an agreement worked out by the two trade organizations…
Vail Resorts Acquires Second Lake Tahoe Resort
Vail Resorts, Inc. added a second Lake Tahoe resort to its portfolio with its acquisition of Northstar-at-Tahoe Resort in North Lake Tahoe, CA. ..
