SGB Update Apparel
Callaway Golf Sees Focus on Fairway Pay Off in First Quarter…
Callaway Golf started fiscal 2008 off with a strong quarter, but still tempered its outlook to the low end of previous guidance on worries surrounding the economy as a whole. Though sales were relatively flat for the company in the domestic market, growth
Under Armour Reduces Profit Outlook as High Inventories Cut into Margins…
Under Armour Inc. posted another solid quarter for sales growth, but a sharp increase in marketing expenses and tighter margins cut into profits as net income plunged more than 71% compared to the year-ago period. The company is still struggling with the
Rocky Reaches Settlement in Case Against Former VP…
Rocky Brands, Inc. reached a settlement in its case against a former VP whom the company claims was attempting to copy some of its most popular shoes. The terms of the settlement involving Defendants Glen Bratcher, Westwood Footwear and Accessories LLC, a
Volcom Inc. Records Strong Q1 in All Sectors…
Volcom, Inc. shrugged off the sluggish economy to post strong first quarter sales gains, citing the “a powerful brand will sell regardless” ethos. The company is firing on all cylinders as margins expanded, expenses contracted and the bottom line grew in
Gander Registers 9.8 Million Shares
Gander Mountain Company said it registered 9.8 million shares of its common stock originally sold in two private placement transactions to major investors, both of whom serve on the company's board of directors and said they remain long-term investor
Pro Hockey Life Acquires Entrepôt du Hockey
Pro Hockey Life Sporting Goods Inc., the hockey superstore concept operating under the Sports Gilbert Rousseau and Pro Hockey Life banners, has completed a private financing round to fund the acquisition of Sports L.G.L. Inc. (“LGL”) in Quebec City, as we
Pro Hockey Life Acquires Entrepôt du Hockey
Pro Hockey Life Sporting Goods Inc., the hockey superstore concept operating under the Sports Gilbert Rousseau and Pro Hockey Life banners, has completed a private financing round to fund the acquisition of Sports L.G.L. Inc. (“LGL”) in Quebec City, as we
Deckers Inc. Gets Q1 Boost from UGG; Ups Full Year Forecast…
Deckers Inc. surged past its original forecast in the first quarter as continued demand of the UGG brand was able to offset slight revenue declines at Teva that were attributed to the later spring and a tough retail environment. The $97.5 million achieve
Columbia Sportswear Beats Q1 Estimates, but Backlog and Europe Disappoint…
Columbia Sportswear Co. saw a small increase in first quarter revenues due primarily from benefits from the weaker U.S. dollar, but there were no such benefits for the bottom line as net income slid nearly 24% for the period versus the prior-year quarter.
Skechers USA Gains in Q1 Driven by International…
The star for Skechers USA Inc. during Q1 was its international segment, which generated high double-digit growth. But the company was also pleased with the 3.5% growth in domestic wholesale net sales despite the soft retail climate. Skecher's key li
Oakley’s Q1 Sales Up 15%; Sporting Goods Down…
Luxottica Group said Oakley's Q1 revenues jumped 15%, with double-digit revenue growth in optics and apparel, footwear and accessories businesses. Oakley, which was acquired by Luxottica last year, was led by its O Store retail comps climbing close t
Brunswick Has Tough Q1…
Brunswick Corporation reported sales in the first quarter totaled $1.35 billion, down 3% from $1.39 billion a year ago. Fitness segment sales increased 3% to $149.2 million from $145.0 million on double-digit commercial equipment sales…
Puma’s U.S. Sales Decline in Q1…
Pinault-Printemps-Redoute (PPR) said Puma's sales rose 6.6% in the first quarter ended March 31, to 673 million euros ($1.07 billion). However, sales fell in the Americas due to weakness in the U.S. mall-based business and in footwear…
Delta’s Third Quarter Suffers on Activewear Decline…
Decreased sales from its activewear segment offset gains in the retail-ready business for Delta Apparel in the fiscal third quarter leading the company to post a net loss after a year-ago gain. Sales for the fiscal third quarter ending March 29, 2008 fel
New Backwoods Owner Posts Loss
Nitches, Inc., which recently acquired the Backwoods outdoor chain, reported sales increased 13.1% in the second quarter ended Feb. 29, to $16.1 million from $14.3 million a year ago. The San Diego-based company posted a net loss of $1.9 million for the q
