At the AGM of The John David Group Plc, reported that results for the 24 weeks ended July 15, 2006 have improved in both groups. The non-Allsports Sports stores are now up by 4.0%, having benefited to some extent from the World Cup. The Fashion locations
Tag: Supplier
Play-It-Again Parent Posts Improved Q2 Bottom Line, Merch Sales Down
Winmark Corporation posted net income for the second quarter of $650,400, or 11 cents per share diluted, compared to net income of $542,600, or 8 cents per share diluted, in 2005. Net revenues from merchandise sales were down 53.9% to $790,000 from $1.7 m
Sara Lee Corp. Plans Funding for Apparel Spin-Off
To finance the spin-off of its apparel business, Sara Lee Corporation approved a capital structure that will see Hanesbrands borrow $2.6 million help to establish the enterprise as a stand-alone, independent company. In connection with the spin-off, Sara
RECALL: Lotus Designs Mildwater PFD
Lotus Designs, Inc., the paddling apparel manufacturer and an affiliate of Patagonia, Inc., is voluntarily recalling its Mildwater PFD. This style is also sold as the Fishing PFD and Patagonia Fishing Vest. The recall is issued due to the possibility that
Mizuno Signs Donald to Contract Extension
Luke Donald has signed a multi-year contract extension with the Mizuno Corporation to continue serving as a Mizuno Brand Ambassador around the world…
Sole Tech Unveils Altamont Apparel
Sole Technology launched Altamont Apparel Ltd. set to hit select stores globally in October 2006, with Andrew Reynolds on board as design director. In addition to his role with Altamont Apparel, Reynolds is also the owner of Baker Skateboards…
Blacks Leisure Comps Fell 1.0% Year-To-Date
At its Annual General Meeting, Blacks Leisure provided an update on its performance over the first 20 weeks of the current financial year. Total Group sales increased by 2.6%. Comp sales fell by 1.0% in the same period, (2005: -2.0%). The company stated t
InSport Restructures After Vital Apparel Acquisition
Local papers are reporting that InSport International plans to lay off 12 people. The layoffs come after the company was acquired by Vital Apparel last November and accounts for most of InSport's staff. Vital will shift distribution and several other
Gramicci Hires Several New Faces
Gramicci hired several outdoor and apparel industry veterans in sales and customer service. Michael Donovan is the new western regional sales director. Treeline Sales will cover the western sales region. Rob Brown was hired to represent Gramicci's mo
Columbia Acquires Pacific Trail in Auction…
Columbia Sportswear Company won out over three other bidders in the London Fog Bankruptcy auction of the Pacific Trail group of brands with a bid of $20.4 million. There were only three other bidders involved in the process, Perry Ellis, Studio Ray, LLC,
Columbia Sees 5.9% Q1 Sales Increase
Columbia Sportswear Company posted first quarter net sales of $260.2 million, an increase of 5.9% over net sales of $245.7 million for the same period of 2005. The company reported net income for the first quarter of $19.5 million, an 8.5% decrease compar
K2 Sports Sees Q1 Sales Increase 9.4%
K2 Inc. reported that net sales for the first quarter increased 9.4% to $348.1 million from $318.3 million in the prior year period. Adjusted net income for the first quarter was $5.0 million, or 10 cents adjusted diluted earnings per share, compared to a
The North Face Revenues Grow 40% in Q1
VF Corporation saw income rise 12% to a record $128.2 million from $114.7 million before the cumulative effect of a change in accounting policy for stock compensation expense, with earnings per share rising 14% to $1.14 from $1.00. Reflecting the cumulati
SMR Retailer Profile: Outdoor DIVAS
“Women are not small men. At Outdoor DIVAS we live by this motto.” In its original Latin form, the word diva was the feminine version of divine. In the earliest dictionaries, ancient wordsmiths created male and female versions of divine with equal standi
Big Agnes Adds Three New Faces
Big Agnes Inc. has added two new sales representatives as well as an in-house “go-to guy” to its growing team of employees. Jeff Hollis, of Arlington, Texas, will cover his home state as well as Oklahoma, Kansas, Louisiana and Arkansas. Chris Pottinger wi
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