SGB Update Apparel
SandP Lowers Outlook On Collective Brands
Standard & Poor's Ratings Services lowered its outlook on Collective Brands Inc. (PSS) to stable from positive. The rating agency said high unemployment and rising product costs weighed on the footwear retailer's performance…
Fireman Capital Partners Invests in Newton Running
Paul Fireman, the Founding CEO of Reebok International, and his company Fireman Capital Partners, returned to the business of high performance athletic shoes with a “significant investment” in Newton Running Co., a manufacturer of natural running footwear
REI to Open First Indiana Store Next Spring
REI plans to open a new store in Indianapolis at the Plaza at Castleton next spring in what will be its first state in Indiana…
FFANY, Investor Conferences Provide Forward Look at Product, Margins and Strategy
Minimalism. During a week of sweltering temperatures that made New York City feel more like the Deep South rather than the Northeast, that one word — minimalism — was uttered more frequently by more brands to describe direction for Spring 2012 than any on
Lids Sports Group Acquires Buckeye Corner Stores
Lids Sports Group has acquired Buckeye Corner stores, which operates in the Columbus, OH area. The acquisition is made up of four store locations, an e-commerce website, and a catalog business. Terms of the deal were not disclosed…
Golf DMD Sales Approaching $170 Million
Golf Datatech, LLC released a study finding that the size of the market for Distance Measuring Devices (DMD) is approaching the on-off course putter market in total sales, and may reach as high as $170 million in annual sales across all retail channels in
Under Armour Poised to Double Business by 2013
Under Armour Inc. has set a goal to double sales by 2013. The lofty projection to reach the $2.13 billion mark, made by company Founder, Chairman and CEO Kevin Plank at Under Armour’s investor meeting on Thursday, would assume a compounded annual gr
Pacific Sunwear to Focus on Women’s Biz, Footwear Re-Entry for Growth
At the Piper Jaffray Consumer Conference, management for Pacific Sunwear said the retailer hopes to continue building momentum from its first positive quarterly comp since 2007 by continuing a re-branding effort in its stores…
Zumiez to Focus on e-Commerce, Canada for Growth
At the Piper Jaffray Consumer Conference, Zumiez management said one of the keys to growth would continue to be market consolidation as local shops continue to decline, yielding market share to larger chains…
Forzani Group Sees May Comps Resume Growth After First Quarter Decline
The Forzani Group Ltd. said same-store sales rebounded strongly in May after dropping off in the fiscal first quarter due to a late spring and the anticipated difficulty of matching sales from a year earlier when the Winter Olympics in Vancouver spurred s
Newton Running Gets Cash and Talent Infusion
The man that once built Reebok into the world’s top athletic footwear brand in the 80s has set his sights on the natural running category with an investment in Newton Running…
Cramer Receives ESOP Nod
The ESOP Association has recognized Cramer Products, Inc., as a Silver ESOP Award winner. The Silver ESOP Awards honor companies that have sustained an employee stock ownership plan (ESOP) for 25 years or more…
Skullcandy Inc. Reports Fiscal Third Quarter Sales Spike As IPO Approaches
Skullcandy, Inc. which is in the midst of a $125 million IPO, filed a report with the SEC confirming that net sales for the third quarter ended March 31 increased $14.3 million, or 65.9 percent, to $36.0 million from $21.7 million for the three months end
Brazil Displaces China as Best Retail Expansion Market in A.T. Kearny Index
Brazil has replaced China as the most desirable country for global retail expansion, according to the latest Global Retail Development Index (GRDI) published by A.T. Kearny. Brazil rose from fifth place, while China fell to sixth place and Uruguay, Chile,
Woolrich to Sponsor Oregon Sniper’s Challenge
Woolrich Elite Series Tactical has been named the official clothing provider for the 2011 Oregon Sniper's Challenge, one of the nation's premier precision tactical rifle events…