The Forzani Group Ltd., Canada’s largest sporting goods chain, found itself trying its case in public last week after settling a Competition Bureau investigation into advertising of sale prices at its Sport Chek and Sport Mart stores. FGL has reportedly
Tag: Supplier
Prince Sports Realigns for More Focus…
Prince Sports has split the company into two business units to better service the needs of local markets, according to George Napier, chairman and CEO of Prince Sports, Inc…
June Comps Climb 5.7% at Nordstrom
Nordstrom preliminary sales were $707.4 million for the five-week period ending July 3, 2004, an increase of 8.5%compared to sales of $652.0 million for the five-week period ending July 5, 2003. Same-store sales increased 5.7%…
Stage Stores June Comps Drop 2.5%
Stage Stores total sales for the five-week period ended July 3, 2004 increased 38.6% to $100.1 million from $72.2 million in the prior year five-week period ended July 5, 2003. Comparable store sales decreased 2.5% versus a decrease of 2.7% last year…
Payless June Comps Fall 1.0%
Payless ShoeSource, Inc. same-store sales decreased 1.0 percent during the June reporting period, the five weeks ended July 3, 2004. Company sales totaled $289.2 million, a 0.7 percent decrease from $291.3 million during fiscal June of last year. Same-sto
Ashworth Acquires Gekko Brands in $24 Million Deal
Ashworth, Inc. has acquired Gekko Brands, LLC, a leading designer, producer and distributor of headwear and apparel under The Game® and Kudzu® brands. The purchase price for the acquisition was $24 million consisting of $23 million in cash at the time of
Footstar Settles with Robinson Over Termination
Footstar, Inc. announced Wednesday that the Bankruptcy Court overseeing its Chapter 11 case approved a settlement with former Chairman and Chief Executive Officer J. M. “Mickey” Robinson of disputes relating to the Company's termination of Mr. Robins
Pony Creates ‘Hall of Fame’; Inks Retires Athletes
Pony International announced the creation of its “Pony Hall of Fame,” comprised of athletes who excited, excelled and exceeded over the years wearing the Pony brand. NBA legends Darryl Dawkins, Bob McAdoo and Spud Webb are returning to the footwear tradit
Boyer Joins Bauer as Chief Merchant
Eddie Bauer Inc has announced that Kathy Boyer has joined the company as Senior Vice President, Chief Merchandising Officer. Ms. Boyer will oversee all apparel functions including design and design operations, sourcing and production, and retail and dire
Studies Reveal What Drives Consumers Most…
Product quality lags behind selection and price as primary motivators for consumers purchasing sporting goods, according to a recent study released by Vertis. The firm’s Customer Focus 2004 report also confirms some long-held beliefs about the difference
Yue Yuen Takes Stake in Luen Thai IPO…
Luen Thai, the Hong Kong based apparel manufacturer that recently announced a joint venture with Yue Yuen to focus on the global athletic apparel market, will float an IPO in efforts to raise approximately HK $680 million (US $72.2 million) to help fund n
Hi-Tec Re-Branding is Right on Track…
Hi-Tec Sports has brought former Ecco Global Marketing Director, Tony Linfor on board as their own Group Marketing Director. The move is the latest step in Hi-Tec’s global re-branding effort that has been met with much success in both Europe and in the U
Columbia Fight on Fakes Marches On…
Columbia is continuing its company-wide effort to stop counterfeit products from making their way to market with another raid of a group of factories in the cities of Jinjiang and Shishi, which are in the Fujian province in China. The company teamed up wi
Deckers Inks License Deal for Ugg Sportswear
Deckers Outdoor Corporation has entered into a license agreement with David Peyser Sportswear, Inc. for the sale of UGG Australia branded outerwear in the United States. Under the terms of the agreement, David Peyser Sportswear, Inc. will design, manufact
Datta Picks Up Entrpreneur of Year Award
Killick Datta, Chief Executive Officer of Global Brand Marketing, Inc. received the prestigious 2004 Ernst & Young Entrepreneur Of The Year Award. The award was presented during an evening celebration at the Beverly Hills Hilton, Los Angeles on June 29…