Shoe Carnival was the latest retailer to report a slow start to the back-to-school selling season, a trend that has clearly impacted the sale of athletic footwear for the later part of the retail second quarter and the early part of the third quarter. SC
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Brown Shoe Takes it on the Chin in Q2; Famous Footwear Waits for BTS…
Brown Shoe Company, Inc. has made a number of moves to strengthen both their retail and wholesale operations, including initiatives to strengthen the children’s and Bass businesses, upgrading the Naturalizer platform with a new brand strategy, and integra
Fleet Feet Second Quarter Highlights Strength of Running Category…
The move to technical running was in full swing at the specialty level in second quarter as Fleet Feet, Inc. issued a report indicating that comparable store sales at the company’s franchise stores jumped 18.4% versus the year-ago period. Total sales for
Delta Apparel Takes Hit on Short Q4, Tough Spring for Soffe…
Delta Apparel, Inc. posted solid results for the fiscal year ended July 2, but the company took a big step back in the fourth quarter as sales at both the Delta and Soffe divisions declined for the period. Total fourth quarter sales were down more than 9
No Worries Over Profit Decline, Globe’s Been Investing…
Globe International saw sales for the fiscal year increase 10% over last year, but income dropped nearly 95%. This decrease, however, was not unexpected as Globe management pointed to an increased ad spend with eyes focused on the long term and not on qu
GoLite Makes Two Internal Promotions
GoLite announced the promotion of two long-time employees, tapping Kevin Volz to spearhead GoLite’s international and domestic sales efforts and Jessica Jaret to lead GoLite’s public relations efforts. Both Volz and Jaret are valued long-time GoLite emplo
Unifi to Close NC Nylon Plant
Unifi is taking a number of actions to improve the efficiency of its Nylon business unit, located in Rockingham County, North Carolina. The Company will close Plant one in Mayodan, North Carolina and move its operations and offices to Plant three in nearb
Helmstetter to Assume New Consultant Role at Callaway Golf
Richard C. Helmstetter will continue his longstanding relationship with Callaway Golf Company as a key consultant reporting directly to George Fellows, president and CEO. Mr. Helmstetter, a golf industry icon and legendary club designer, whose inventions
Fordham Inc. Acquires Gorga Athletic Wear
Fordham, Inc., a subsidiary of Redi-Direct Marketing, Inc., has acquired Gorga Athletic Wear, creating the largest manufacturer of specialty sports apparel in New Jersey. Fordham offers a complete line of customized sportswear and Gorga Athletic Wear, whi
the program* Hires New Reps For Several Territories
In an effort to continue to bring the service of their accounts to a new level, this week the program* introduced some new reps to some key territories in North America. Covering SoCal is Jeff Brusven, while Matt Jagemann will handle New England, Mike Fli
Under Armour Creates Link to Video Game Market
Under Armour Performance Apparel announced its entry into the branded entertainment market with the release of two upcoming video games, Tom Clancy's Ghost Recon 2: Summit Strike and Tiger Woods PGA Tour 2006. UA partnered with Ubisoft Entertainment
Golf Town revenues rise 25%; EBITDA up 39% in the second quarter…
While the golf market in general seems to be barely a step above struggling, Canadian golf specialty retailer, Golf Town, reported double-digit revenue and EBITDA increases for the second quarter. EBITDA increased 39% to $12.1 million (US$9.7 million) ove
NSGA: Women Are Influential Equipment and Footwear Customers
NSGA’s recent study, “The Sporting Goods Market in 2005,” found that females are significant purchasers in many important footwear and equipment categories. In 2004, females purchased 54% of the $14.8 billion of athletic footwear sold at retail. Specifica
Giannulli Withdraws Mossimo Bid
Mossimo Giannulli, founder, Chairman of the Board and Co-Chief Executive Officer of Mossimo, is withdrawing his proposal to acquire all outstanding shares of the Company not owned by him at $4.00 per share. Giannulli said that while he remains interested
NRF Sees Increased Port Traffic Without the Congestion…
Inbound container traffic is up at the nation’s major ports, but the congestion that plagued the docks last year does not appear to have returned, according to the National Retail Federation’s new monthly Port Tracker report. Port Tracker, which is produc