SGB Update Apparel
Gottschalks August Comps Down 7.8%
Gottschalks Inc. saw August comparable store sales decrease 7.8% from the prior year. Total sales for the month decreased 9.6% to $42.9 million from $47.4 million in August 2006. On a year-to-date basis, same store sales decreased 3.1% from the same perio
Wal-Mart August Comps Increase 2.8%
Wal-Mart Stores, Inc. net sales for the month of August increased 7.8% to $18.157 billion compared to $16.836 billion last year. Comp store sales for the month were up 2.8%…
Tilly’s CEO to Head The Wet Seal
Edmond Thomas, currently president and co-CEO of action sports chain Tilly’s Inc, will become the new president and CEO of The Wet Sea, a juniors apparel chain. Thomas had been president and COO of The Wet Seal from 1992 to 2000 before helping expand Till
Wal-Mart Picks Up OP License…
Iconix Brand Group, Inc. signed an exclusive direct-to-retail license agreement with Wal-Mart for its Ocean Pacific and OP brands for distribution of a broad range of apparel and accessories in the United States…
RECALL: Scuba Swivels…
The CPSC and M&J Engineering are recalling approximately 1,500 AGA Swivels for Scuba Diving Masks. The swivel, which is attached to a diving mask, could separate while diving. This will result in a sudden loss of the diver's air supply, causing the d
Forzani Nearly Triples Q2 Earnings on Positive Comps
The Forzani Group Ltd. net earnings for the second quarter were $5.4 million, or 16 cents per share, compared to the prior year's $1.9 million, or six cents per share. Retail system sales for the quarter were $351.3 million, an increase of 4.0% from
DSW Q2 Earnings Fall on Promotional Activity
DSW Inc. Q2 net income was $6.5 million on net sales of $348.7 million for the second quarter ended August 4, 2007, compared with net income of $15.3 million on net sales of $301.3 million for the second quarter ended July 29, 2006. Same store sales incre
TaylorMade Becomes Trustee of First Tee
The First Tee named TaylorMade-adidas Golf Company as a National Trustee, the first in the equipment sector of the golf industry to contribute a minimum of $1 million to the positive youth development program.
A4 Launches Organic Cotton Line
This fall, sportswear company A4 will go green with a spring awakening in the form of Kristiina By A4, an eco-friendly line of sustainable activewear. The natural line named after designer Kristiina Ratia features soft fabrics that are created from certif
OIF Launches Search for Executive Director
Outdoor Industry Foundation Board of Directors formed a search committee and initiated a national search to recruit its first ever Executive Director…
adidas Wins Out in German National Team Fight…
It appears the battle that started with Nike’s offer to sponsor the German national football (soccer) team in early December 2006 has come to a close with adidas still the team’s kit supplier. Reports out of Germany have the German Football Association (D
Golfsmith Loses Board Member
Lawrence Mondry resigned as a director of Golfsmith International Holdings, Inc., effective immediately, in order to devote full attention to his duties as president and chief executive officer of CSK Auto Corporation…
Hibbett Cuts Guidance Due to Weak Consumer Environment
Hibbett Sports, Inc. expects to report a fiscal second quarter comparable store sales increase of 2.6% on a fiscal basis compared with last year and a decrease of 5.6% on a comparable store, comparable week basis. Earnings per diluted share for the fiscal
Nike Promotes Two Apparel VP’s
Nike, Inc. promoted Mary Kate Buckley and Jill Stanton to new leadership positions heading the Nike brand's two largest regional apparel businesses, representing approximately 76% of Nike's almost $4.6 billion in global apparel revenues. Mary Ka
Golf Town to be Acquired by PE Firm, Posts 3.6% Q2 Comps
Golf Town Income Fund has entered into a definitive Transaction Agreement with OMERS Capital Partners for all of the assets of Golf Town Limited Partnership to be acquired for CA$17.15 ($16.28) per diluted share. Golf Town also reported that Q2 sales grew
