SGB Update Apparel
Zumiez Expects Comps Decline to Accelerate in First Quarter
Zumiez Inc. said comps store sales in February were down 9 percent and that it now expects them to decline in the mid-single-digit range in the first quarter. The company forecasts comp store sales will increase for the full fiscal year, which began Feb.
REI to Open Sixth Store in Washington DC Region
REI (Recreational Equipment, Inc.) will open its sixth store in the Washington DC region in the Tysons area of McLean, Va. in August. The 32,800 square-foot, two-story store will be located at the southeast corner of Leesburg Pike and Chain Bridge Road.
Zumiez’s Q4 Profits Climb 22 Percent
Zumiez Inc., the action sports retailer, reported net income in the fourth quarter increased 22.1 percent to $22.9 million, or 74 cents per diluted share from net income of $18.7 million, or 60 cents, for the prior fiscal year. Comparable store sales for
SCARPA North America Names Sales Rep of the Year
SCARPA North America this week named Mystery Mountain Enterprises, and principal Michael Down, as its 2012 Sales Rep of the Year for racking up several consecutive seasons of sales and bookings growth in Western Canada…
The Outsiders Ball Off to Strong Start
Organizers for the Outsiders Ball, which aims to raise $300,000 to finance 100 retailer-led youth engagement programs, have raised two-thirds of their goal thanks to strong support from more than 20 founding partners. The ball will be held under the stars
Cabela’s Ups Q1 Comps Guidance to High Teens
Cabela’s share rose sharply Tuesday after it disclosed ahead of an investor conference that its comp store sales accelerated and are now expected to grow in the high teens in the first quarter…
Nielsen Puts Outdoor Retailer, Other Trade Shows Up for Sale
Nielsen Holdings NV has hired an investment banker to seek buyers for its trade show business, according to a report first published by Debtwire and picked up by The Wall Street Journal, Bloomberg and Reuters. Nielsen Expositions, which owns Outdoor Retai
Genesco Sues Visa Over Credit Card Breach
Genesco Inc., the parent of Journeys and Lids, has filed a lawsuit against Visa, charging the credit-card company with wrongfully taking more than $13 million as punishment for a data breach…
Metolius Sponsors Northern California Youth Climbing League
Metolius joined as a sponsor of the Northern California Youth Climbing League (YCL), which brings young climbers together throughout Northern California for friendly competition. Metolius will provide the YCL with support and equipment to foster growth in
Wilderness Systems More Than Doubles Pro Angling Team
Wilderness Systems more than doubled its fishing Pro Staff from 15 to 33 anglers and added their first international angler for 2013…
Topo Athletic Names U.S. Sales Reps
Topo Athletic, the footwear start-up launched by the former CEO of Vibram FiveFingers, named six sales agencies who will help launch the brand this summer…
Reebok Makes $30 Million Commitment to Get Kids Moving
At the Partnership for a Healthier America (PHA) Annual Building a Healthier Future Summit, First Lady Michelle Obama praised Reebok for its commitment of $30 million to get kids moving and increase physical activity in schools as part of the new Let̵
RECALL: 44,000 Martinique LX Jr. Snorkeling Masks Sold at Costco
Aqua Lung Inc., doing business as U.S. Divers of Vista, CA, is recalling about 44,000 Martinique LX Jr. Youth Snorkeling Mask Sets sold through Costco Wholesale stores because notches in the tempered glass can cause the lens to break under certain water p
Dorel Segment Rides Cannondale to 12 Percent Fourth Quarter Growth
Sales of Cannondale bikes drove 12 percent revenue growth at Dorel Industries Recreational/Leisure segment in the fourth quarter ended Dec. 30, 2012. Sales at the segment, which also owns the Schwinn, Mongoose, GT and Sugoi bicycling brands and sells bike
Compass Diversified’s Branded Products Group Nears $550M in 2012
Compass Diversified Holdings reported sales at its four branded products companies – CamelBak, Fox, Liberty Safe and Ergobaby – grew 18.0 percent to $549.2 million in 2012. EBITDA for the group increased 24.3 percent to $104.9 million while EBIDTA margin
