Nautilus, Inc. mailed to following letter to its shareholders urging them to vote against a proposal made by Sherborne Investors LP and its affiliates, a group of NLS investors. The current Nautilus board stated that Sherborne is trying to take control of
Tag: People
Fila Launches U.S. Marketing Push with Modeling Contest
Fila Inc. is launching an online modeling contest as part of a new branding campaign dubbed “How do you Fila?” Fila is planning on using the images of the winners and their personalized “How Do You Fila?” descriptors in its 2008 marketing creative, which
Surfboards Load for Free on Virgin Atlantic
Virgin Atlantic announced that its passengers are allowed to take an item of sports equipment on their flights free of charge. The news followed a recent ban by British Airways (BA) on surfboards and similar items…
Saks Comps Surge 10.6%
Saks Incorporated reported comparable store sales increased 10.6% during October. Total sales reached $269.1 million versus $232.2 million, a 15.9% increase…
Macy’s Comps Fall 1.5%
Macy’s, Inc. reported total sales of $1.853 billion for the month of October, 2007, a decrease of 0.5% compared to total sales of $1.862 billion in the same period last year. On a same-store basis, Macy’s, Inc. sales were down 1.5% in October. This compar
Kohl’s October Comps Fall 3.8%
Kohl’s Corporation sales for the month of October, 2007 increased 1.6% over 2006. On a comparable store basis, sales decreased 3.8%. Based on October’s results, the Company expects its third quarter earnings to be 59 cents to 60 cents per diluted share…
Kohl’s Will Pursue LEED Certification in 80 Stores
Kohl’s Department Stores will pursue LEED (Leadership in Energy and Environmental Design) certification for more than 80 locations. The certifications are being pursued through the US Green Building Council Portfolio Program and will appear in 28 states n
J.C. Penney Misses October Guidance with 1.8% Comps Decline
J. C. Penney Company, Inc. total department store sales increased 1.1% for the month of October, 2007, while comparable department store sales decreased 1.8% compared to an 8.1% comparable store sales increase in last year’s October period and guidance fo
Pacific Cycle Q3 Earnings Decline as Sales Inch-Up…
Dorel Industries Inc., the parent company to Pacific Cycle, which includes the Schwinn, Mongoose and GT brands, saw third quarter revenue increase slightly to $440.1 million, compared to $436.3 million last year. Net income for the three months was $26.4
Danish Football Federation Extends Deal with Adidas
Adidas has extended its sponsorship deal with the Danish Football Federation (DBU) until 2012. The deal includes using Adidas equipment and jerseys for the 13 national teams including the men's and women's teams. The agreement did not include fo
Broder Bros. New Distribution Center Up and Running
Broder Bros., Co., continued its distribution center expansion program by opening a new 415,000 square foot facility in Lewisberry, PA., less than 10 miles from Harrisburg…
OIA Calls for Ambassador and Innovator Award Nominees
Outdoor Industry Association is looking for nominations for the 2008 Outdoor Industry Ambassador Award and Outdoor Industry Innovator Award. OIA will present the awards at the Outdoor Retailer Winter Market in Salt Lake City, Utah. Open to anyone in the o
Sports Chalet Opens Two Stores in Arizona
Sport Chalet, Inc. opened two stores in Arizona, its 50th and 51st stores. With these two openings, Sport Chalet will have seven stores in the greater Phoenix metropolitan area…
Iconix Q3 Licensing Revenue Nearly Doubles
Iconix Brand Group licensing revenue for the third quarter of 2007 increased 93% to approximately $42.7 million, as compared to approximately $22.1 million in the third quarter of 2006. Net income for the third quarter increased 114% to $17.0 million vers
Escalade Sports Supports Breast Cancer Awareness
Escalade Sports, in recognition of National Breast Cancer Awareness month, plans to donate ten percent of the retail price of every unit of its new Step Pink Special Edition Home Trainer to Susan G. Komen for the Cure to support breast cancer research. Th
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