The Summer Market’s Open Air Demo was a resounding success for most of the vendors BOSS spoke with. The lake at Little Dell Reservoir was crowded with canoes, kayaks, wind-surfers, and even sailboats. The two largest booths, Thule and Watermark, were draw
Tag: People
Gander Mountain Looks for Momentum Moving into Back Half of Year…
Gander Mountain saw the elimination of most of its vendor proof-of-performance rebates impact second quarter earnings to the tune of $1.5 million this year, resulting in a 6.3% increase in the net loss for the period when measured on a pro forma basis. On
VF Names New Nautica CEO
VF Corporation has named Denise V. Seegal as President and Chief Executive Officer of its Nautica division. She will assume the position held since August 2003 by Nautica founder, David Chu, who is leaving to pursue other interests.
Hibbett Q2 Net Down 6.4% on Higher Markdowns
Hibbett Sporting Goods reported that net sales for second quarter ended July 31, 2004 increased 14.1% to $81.8 million compared with $71.7 million for the year-ago period. Comparable store sales increased 2.5% in the quarter. Net income declined 6.4% to
PacSun Authorizes $50 mm Stock Buy-Back
Pacific Sunwear, following a regularly scheduled meeting of the company's board of directors, has authorized the company to repurchase up to an additional $50 million of Pacific Sunwear common stock. In the first half of fiscal 2004, under repurchase
Gander Mountain Q2 Pro Forma Net Loss Inches Up; Comps Up 1.8%
Gander Mountain reported total sales for the second quarter of fiscal 2004 increased 35% to $128.1 million from $94.8 million in the year-ago period. Comparable store sales increased 1.8% on top of a 15.5% increase in the second quarter of fiscal 2003. T
Dick’s Moving Fast on Galyans Integration; Raises Guidance
Dick's Sporting Goods does not appear to be as affected by the licensed apparel or fitness equipment issues that have caused other sporting goods retailers to reduce their expectations for the second quarter. That fact, coupled with the retailer’s i
Collegiate Pacific Outlines Team Deals…
Collegiate Pacific revealed in SEC filings last week that the acquisition of Kesslers Sport Shop in April of this year was valued at $13.75 million, consisting of $6.5 million in cash and 906,250 shares of BOO common stock valued at $7.25 million…
Polartec Breaks into the Waterproof – Breathable Category
Malden Mills has chosen the opening day of the Outdoor Retailer Show to announce a major line extension. Tape-able waterproof breathable fabrics will be offered under the sub-brand Polartec Aqua Shell, including one three-ply style, one two-ply with stret
NSGA: Used SG Equipment Purchases Fell 12% in 2003
Consumers purchased $753 million in used sporting goods equipment in 2003, according to a newly released report by the National Sporting Goods Association (NSGA). For 2002, consumers indicated they had purchased slightly more than $852 million in used sp
Smith Optics Appoints Martin Western Regional
Smith Optics has hired Mike Martin as the company's western regional sales manager. Martin joins eastern regional sales manager Brian Cotsonas and central regional sales manager Linda Rodney in its recently restructured
sales department. All three re
Shoe Carnival July Comps Down 6.3% on Tax Day Shift
Shoe Carnival, Inc. reported sales for the four-week period ended July 31, 2004 were $46.4 million compared to sales of $47.2 million for the four-week period ended August 2, 2003. Comparable store sales decreased 6.3% in July 2004. During the first thre
Target Stores July Comps Up 4.1%
Target Corporation reported that its net retail sales for the four weeks ended July 31, 2004 increased 8.8% to $3.59 billion from $3.30 billion for the four-week period ended August 2, 2003. On this same basis, comparable-store sales increased 3.8% from f
Urban Outfitters Q2 Comps Jump 11%; Direct Sales Double
Urban Outfitters sales for the second quarter climbed to a record $189.5 million, a 54% increase over the same period last year. This sharp year-over-year increase in quarterly sales was driven by a 26% jump in total Company comparable store sales (over a
Nordica Inks Deal with Canadian Alpine Ski Team
NRB Sports Inc, the Canadian subsidiary of Italian owned Nordica and Rollerblade, has announced that after a long absence it has re-joined the Canadian Alpine Ski Pool. Already in association with numerous ski pools world wide, this partnership will allow