SGB Update Apparel
Holiday Gift Card Sales Expected to Decline
Shoppers’ price-conscious mentality is taking a toll on the season’s most-requested present: gift cards. The National Retail Federation's sixth annual Gift Card Survey found that gift card sales will fall nearly 6% this holiday season to $24.9 billio
Hibbett Raise Earnings Outlook on 8.1% Sales Increase
Hibbett Sports Inc. raised its earnings outlook for the fiscal year ended Jan. 31, 2009 saying its IT investments were helping it better manage inventory and boost comp store sales despite economic headwinds. The company said net sales rose 8.1% on a 0.4%
Zumiez Q3 Comps Drop 5.8%, Net Sales Rise 7.9%
Zumiez Inc. saw total net sales for the third quarter ended Nov. 1, 2008 increased by 7.9% to $112.2 million from $104.0 million reported in the third quarter ended Nov. 3, 2007. Comparable store sales decreased 5.8% for the third quarter of fiscal 2008 c
Foot Locker Reports Q3 Sales Slip 3.5%, Cuts FY EPS Outlook
Foot Locker, Inc. reported net income of $24 million, or 16 cents per share, for the third quarter ended Nov. 1, 2008, compared with net loss of $33 million, or 22 cents per share, last year. But the retailer lowered its guidance for fiscal 2008 below ana
Report: Steve and Barry’s to Liquidate
Steve & Barry's LLC is set to announce this week it will go out of business, according to a report in the Wall Street Journal. Bay Harbour Management LC, the private-equity firm based in New York that acquired 175 of the stores less than three months
TSL Snowshoes Adds to Sales Team
TSL Snowshoes, manufacturer and distributor of domestically produced snowshoes, has added the Shaw & Heald Sales group to their national sales rep team. The group headed up by Andy Shaw and Scott Heald will be responsible for the New England Territory…
Sugoi Names Marketing Manager
SUGOI Performance Apparel, a division of Dorel Industries, named Kara Hurry as its new marketing manager. Before joining SUGOI, Hurry, a native Australian, served as the Marketing Services Manager for Australian Wool Innovation (AWI) in New York. At AWI,
Pacific Sunwear Q3 Sales Drop 5% to $341.9 M
Pacific Sunwear of California, Inc. said that total sales for the third quarter ended Nov. 1, 2008, were $323.6 million, a 5% decrease from total sales of $341.9 million for the third quarter ended Nov. 3, 2007. Total company same-store sales decreased 7%
Ogio Promotes Two to VP Positions
OGIO reports that it will promote Tom Gocke to VP/global golf and Nick Wright to VP/global ASI (ad specialty industry) due to one of its most successful sales spikes in its 20-year history…
FGX Sunglass Unit Posts 20% Sales Gain in Third Quarter
FGX International said sales of sunglasses and prescription frames rose nearly 20% in the third quarter ended Oct. 4 to $10.4 million. The figures include sales of Foster Grant and Gargoyles branded sunglasses to Wal-Mart and other mass, drug, airport and
Easton-Bell Sees New Products Boost Q3 Sales
On its third quarter conference call, Easton-Bell Sports Inc. noted the economy has taken a “significant downturn” since September, but it was able to deliver a solid third quarter with the help of new products. As reported last week, Easton-Bell's s
Fox Shox Poised to Grow Beyond MTB After Strong Q3
Mountain bike and motor sports suspension provider Fox Shox generated revenues of $43.3 million in the third quarter ended Sept. 30, up 30.8% from the prior year period, according its parent company, Compass Diversified Holdings Inc…
Optimer Names President
Lynn Weitzke has joined Optimer, Inc., maker of Dri-release with FreshGuard, as president, a new position at the company. Most recently general manager for DuPont’s Teflon Consumer Products, Weitzke has held similar management and marketing responsibiliti
New Balance Names Senior Manager, Global Sports
New Balance named Chris Passarell to the position of senior marketing manager, global sports. Passarell will lead Integrated Marketing for the Performance SBUs (Running, Sport, Outdoor and Kids) and Creative Services. Passarell was most recently with Russ
Ken Burns to Debut Documentary at OR Winter
Documentary filmmaker Ken Burns will be the keynote speaker at the Outdoor Retailer Winter Marketplace industry breakfast, when he provides a sneak peak at his newest film, THE NATIONAL PARKS: AMERICA’S BEST IDEA. The documentary will air on PBS in Septem
