It was a bit of the same old tune for adidas Group as it ended another year with a continued sales growth at adidas and TaylorMade-adidas Golf while difficulties at Reebok left that business as a drag to the overall. However, overall group sales still gre
Tag: People
Famous Footwear Sees Fourth Quarter Red on Heavy Markdowns
Famous Footwear logged a loss of $11.9 million in the fourth quarter as the family footwear chain ramped up promotions to retain market share and end the year with clean inventories. Sales dipped 0.5% to $312.3 million with comps sliding 3.6%…
Foot Locker, Inc. Posts Q4 Loss on Store Closing Charges; February Comps Rise
Foot Locker, Inc. reported that total fourth quarter consolidated sales declined 11.1% to $1.32 billion from $1.48 billion in the prior-year quarter. Excluding the effect of foreign currency fluctuations, sales decreased 7.3%. Same-store sales also decl
GSI Commerce Appoints Senior VP of Customer Care
GSI Commerce Inc. said Ronald C. Williamson has joined the company in a newly created position as senior vice president of customer care. Williamson will report directly to Bob Wuesthoff, GSI executive vice president of global operations, and will have re
END Footwear Launches in Canada
END (Environmentally Neutral Design), the new performance footwear company focused on sustainability, said it officially launched in Canada. The collection includes road running, trail running, and water shoes for men and women…
Target Comps Slide; Sales Flat for February
Target Corporation said net retail sales for the four weeks ended February 28, 2009 were $4.4 million, unchanged from $4.4 million for the four weeks ended March 1, 2008. On this same basis, Feb. comparable-store sales declined 4.1%…
Adidas Meets ’08 Goals, Expects Decline In ’09
Adidas AG said Wednesday that fourth-quarter net profit more than doubled, thanks to lower taxes and marketing costs, but warned that sales and profit are likely to fall this year. Backlogs on a currency-neutral basis were down 6% for the adidas brand and
Newton Running Names President
Newton Running appointed Stephen Gartside as the company’s president. Gartside will run the day-to-day global operations of Newton Running, based in Boulder, and work closely with Newton’s founders, Danny Abshire and Jerry Lee. Gartside has more than 20 y
McGuane Named President of Cannondale North America
Jeff McGuane has been appointed president of CSG (Cannondale Sports Group) North America. Formerly president of CSG International, McGuane is now charged with driving the CSG business in North America from its Bethel, CT office. The company also announced
NHS Adds ‘Wingnut’ to Sales Force
NHS has hired Robert “Wingnut” Weaver to its surf division. Wingnut will be managing Santa Cruz surfboard, Cruzer skateboards and apparel sales with international and domestic surf accounts. Weaver has been an consultant for Santa Cruz Surfboards since No
Native Eyewear Names VP of Sales
Native Eyewear has named Kevin Karch as its new VP of sales. Karch’s prior position was sales manager for both domestic and international business at Kelty, Inc. where he was also a member of their executive management team…
Deckers Full Year, Fourth Quarter Sales Surge on Continued UGG Strength
Driven by seemingly irrepressible demand for UGG, Deckers Outdoor Corp.'s fourth quarter sales surged to $303.5 million, a 56.3% increase from the fourth quarter last year. Domestic sales jumped 59.5% to $283.4 million, while international sales adva
Big 5 Sees Comps Slide Cut into
Soft sales of winter-related products caused by a flagging economy and a warmer-than-usual winter stymied sales for Big 5’s fourth quarter. Overall, sales declined 5.4% to $219.6 million from $232.1 million in the year-ago period. Comps for Big 5 fell 8.
Play It Again Parent Posts Net Loss in Fourth Quarter
Winmark Corporation, the parent of Play It Again Sports, reported that net income fell 37% for the year ended December 27 to $1.1 million, or 21 cents per diluted share, compared to $3.0 million, or 54 cents per diluted share, for 2007…
Footjoy Closing Plant in Brockton
FootJoy, a division of the Acushnet Co., is shutting down its plant in Brockton, MA, affecting 103 employees. A company spokesman Rob Kelley told The Enterprise of Brockton that the closure announced Thursday will occur in phases over the next six weeks..
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal