Retailer Saks Incorporated announced that for the four weeks ended November 26, 2005, total company comparable store sales increased 0.1%, but total sales decreased 14.5% compared to last year-s four-week period. Total company sales were $543.6 million, d
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AMEX to Trade Under Armour Options
The American Stock Exchange will launch trading in options on Wednesday, November 30, 2005 on the Nasdaq Stock Market listed stock of Under Armor, Inc. under the Option Symbol UWG…
Spyder Forms Adventure Racing Team
Spyder Active Sports signed a major sponsorship in the adventure race realm by forming Team Spyder. The three athletes, Travis Macy, Danelle Ballengee, and Dave Mackey, were ranked second in the world competing together as a pro team in 2004.
Zumiez Posts 18.8% October Comps Increase
Zumiez Inc. announced that net sales for the four weeks ending November 26, 2005 increased 38.6% to $18.0 million, compared to $13.0 million for the four-week period ended November 27, 2004. The company's comparable store sales increased 18.8% for th
Lorpen Launches Lorpen North America
European Technical Sock manufacturer Industrias Savidai, S.L. (Lorpen), announced the launch of Lorpen North America Inc., its new North American company. By the end of first quarter 2006, Lorpen plans to have a new manufacturing facility operating in Pue
Budris Departs Veltec
After nearly a decade with Veltec Sports, 30-year cycling industry veteran Al Budris has left Veltec to start his own consulting firm, Alpha Sports Associates…
Phoenix Receives Approval for New Stock; AMEX Warning Withdrawn
Phoenix Footwear Group received notification from the American Stock Exchange that its additional listing application for the shares of common stock issued as part of the purchase price in its acquisition of the Chambers Belt Company had been approved, re
Black Friday Has Less Impact on Holiday Trend…
Has Black Friday, the day after Thanksgiving that had been the historical tipping point for American retailers to start turning a profit for the year, become much ado about nothing for good? Before the leftovers are all gone, before the numbers are talli
Genesco Continues to Score Big in the Mall…
Genesco Inc. was able to overcome tough comparisons to a strong third quarter last year, and challenges from hurricanes and rising gas prices this year, to deliver a solid top-line effort in the quarter ended October 29. The company saw balanced sales gr
K2 Outerwear Group Takes Shape Under Marmot…
All sales, marketing, and product development operations of the K2 Snow apparel brand have fully transitioned from K2 Sports in Vashon, Wash., to operate under Marmot in Santa Rosa, Calif. K2 Inc. acquired Marmot in 2004, enabling the company to establis
Perry Ellis Dives Deeper into the Action Sports Market…
Perry Ellis International seems to be taking a closer look at the Action Sports industry, changing its Swim division into an Action Sports/Active group after acquiring the Gotcha brand and its trademarks. PERY took its actions in the industry a step furt
Team Athletic Goods Re-Organizes Executive Team
Team Athletic Goods has created a new management team. TAG, along with TAG Team Uniforms, will merge the strengths of their executive staffs to provide a more structured and comprehensive executive team.Stan Morrison, President of TAG Team Uniforms will b
Timberland Increases Anti-Counterfeit Efforts
The Timberland Company unveiled several new components of its program to combat the distribution of imitation Timberland products. The program is designed to raise awareness about counterfeit goods and the importance of product authenticity, and also incl
Quiksilver Appoints Four New Board Members
Laurent Boix-Vives, Timothy Harmon and Charles Exon have been appointed to the Quiksilver Board of Directors effective December 1, 2005. Douglas Ammerman was previously appointed to the Board of Directors on June 3, 2005…
NRF Ups Holiday Sales Forecast
The National Retail Federation (NRF) announced that it has revised its holiday sales forecast as a result of a recent flurry of healthy economic indicators including strong October retail sales and falling gasoline prices. NRF now expects total holiday r
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