SGB Update Apparel
Gottschalks Sees 6.4% Rise in Comps for March
Gottschalks Inc. reported a same store sales increase for the month of March 2007 of 6.4% compared to the prior year. Total sales for the month increased 5.3% to $58.9 million from $56.0 million in March 2006. On a year-to-date basis, same store sales inc
J.C. Penney Posts 10.6% March Comps Jump
J. C. Penney Company, Inc. total department store sales increased 13.3% for March, and include results from seven new stores the company opened the first week of the month. Comparable department store sales increased 10.6%, compared to initial guidance fo
Phoenix Footwear Appoints New VP of Sales
Phoenix Footwear Group, Inc. has appointed Michael Crosno as VP of sales of the company's Trotters and SoftWalk divisions, effective immediately. Most recently, Crosno spent seven years as National Sales Manager at Munro & Company, Inc.'s Ameri
Limited Brands Promotes Burgdoerfer to CFO
Limited Brands, Inc. has announced the promotion of Stuart Burgdoerfer, currently EVP, Finance, to Chief Financial Officer, effective immediately. He will also join the company's Executive Committee. Mr. Burgdoerfer served in several roles of increa
Cybex Rehearing Denied in Patent Case
Cybex International Inc. said a federal appeals court denied its motion for a rehearing in a patent dispute.Cybex said that it will not take any further action and will pay the previously reported judgment of $2.8 million, plus interest, within 30 days. T
PPR Acquires Stake in Puma in Lead Up to Proposed Buy Out
After rumors swirled in the market late last week, Puma confirmed that French luxury goods company Pinault-Printemps-Redoute (PPR) had acquired the stake of Mayfair “Beteiligungsfondsgesellschaft” in PUMA and that the company made a voluntary public take-
Coleman Parent Adds Pure Fishing to Outdoor Division
Jarden Corporation has acquired Pure Fishing, Inc., a provider of fishing tackle, lures, rods and reels marketed under brands including Abu Garcia, Berkley, Mitchell, Stren, Trilene and Gulp. Pure Fishing had 2006 revenue in excess of $250 million. Though
American Apparel/Endeavor Merger Moves Ahead
Endeavor Acquisition Corp. said it had been advised by American Apparel that the company will post at least $30 million pro-forma EBITDA for the fiscal year ending December 31, 2006. Under the terms of the merger agreement, American Apparel was required t
Puma Shares Rise On PPR Takeover Rumors
Shares of Puma stock rose almost 10% last Thursday on market talk that French luxury-goods retail group PPR is in advanced talks with the sportswear manufacturer’s largest shareholder to buy its 30% stake and then make a bid for the rest. A deal would val
Reebok Launches $30mm Running-Focused Ad Campaign
While doing battle in court, Reebok also took a swipe at Nike's “Just Do It” slogan on the street. One of the poster ads as part of its $30 million “Run Easy” campaign showing a runner in pain exclaims, “What are you just doing? Run easy.”…
Remington Sold to Cerberus for $370 Million
Remington Arms Co. Inc. has agreed to be acquired by private equity firm Cerberus Capital Management LP for $370 million. The purchase priced includes $118 million in cash as well as the assumption of $252 million of debt, including a revolving credit lin
Jetboil Hires Lathrop as VP of Sales
Jetboil has been on a rapid growth curve for the past three years, grabbing market share from many of its competitors in the backcountry cooking segment of the outdoor market and re-inventing the stove category. According to info collected by SportScanINF
Outdoor U. Launches 2007 Events
OIA’s Outdoor University has finalized its program and speaker agenda for 2007 events. The program will be offered at four sessions across the country – Rendezvous Conference/Outdoor University Workshop, EORA Southeast Show, ORA/MRA Midwest Rep Show, and
Stride Rite Sponsors SpongeBob
Stride Rite Corp. will become a sponsor of the SpongeBob SquarePants television show as part of a new promotion behind its SuperBall footwear line…
CandN Sports Group to Sell Digital Floor Displays
C&N Sports Group, a Roanoke, Va.-based performance and athletic apparel distributor to the collegiate retail market, has partnered with IntelliMat, Inc. to sell digital floor displays to approximately 750 collegiate bookstores across the nation…
