SGB Update Apparel
Costco June Comps Increase 6%
Costco Wholesale Corporation net sales were $6.35 billion for the month of June, an increase of 10% from $5.78 billion in the same five-week period last year. Comparable store sales increased 6% for the same period…
Nordstrom June Comps Increase 2%
Nordstrom, Inc. reported preliminary sales of $851.1 million for the five-week period ending July 7, 2007, an increase of 2.9% compared to sales of $827.0 million for the five-week period ending July 1, 2006. Same-store sales increased 2.0%…
Mitchell and Ness Opens Tokyo Flagship Store
Mitchell & Ness Nostalgia Co. has opened its first international retail location: the Mitchell & Ness flagship store in Tokyo, Japan. The store is located in the heart of the trendsetting street wear district, Harajuku, which neighbors the burgeoning, hig
Sports Direct buys U.K. Outdoor Retailer, Field and Trek
Sports Direct has acquired a 60% interest in U.K. outdoor clothing and equipment retailer Field & Trek for £5 million (U.S. $10 million.) The U.K. sporting goods chain also has an option to acquire the remaining 40% in the next five years for a further
Wolverine Increases Guidance on Strong Q2 Results
Wolverine World Wide, Inc. second quarter 2007 revenue totaled $250.3 million, a 5.0% increase over second quarter 2006 revenue of $238.5 million. Earnings per share for the second quarter of 2007 were 28 cents compared to the 25 cents reported for the se
Race Face Inks Canadian Distribution Deal with Cycles Lambert
Race Face and Cycles Lambert signed an exclusive distribution partnership, making Race Face’s components and apparel available to bike dealers across Canada. The 2007 hard goods line will be available for ordering as of July 16…
Adidas to Sponsor Univ of Michigan
Adidas reached a eight-year deal with The University of Michigan to provide footwear and apparel to the school's sports teams in a deal valued at $7.5 million annually, replacing Nike Inc. Adidas will begin supplying the Wolverines' 25 sports te
China Sports plans S$74.7m IPO
China Sports International, a manufacturer and distributor of sports shoes and apparel, said it plans to raise Singapore $74.7 million (U.S. $49 million) through its IPO on the Singapore Exchange. China Sports is a manufacturer and distributor of sports s
Kelty Inks Partnership with SylvanSport
Kelty inked a partnership deal with mobile adventure gear manufacturer SylvanSport to head up the tent segment design and construction efforts for SylvanSport’s ultra-light camping trailer and gear hauler. According to Kelty, This partnership was a natura
Wenzel Names Eastern/Western Reps of the Year
The Wenzel Company named Jim Olles and Ken Burdick, both of Krenzien, Krenzien, & Associates, as the company's Eastern and Western Regional Sales Reps of the Year, respectively…
NGF: Rounds Played Rebound in May
According to the National Golf Foundation, rounds played at the nation's golf courses in the month of May showed strong enough gains to more than halve the year-to-date decrease from down 9.0% through April to down 3.9% through the end of May. In May
Stracka Design Acquires Golf Putting Patents
The Stracka Design Company, based in Houston, has acquired two patents that will ensure exclusivity for The Stracka Line. The company said the Stracka Line is a style of golf yardage book that will give highly accurate information for reading a putt line
Women’s Action Sports Website Launched
Core Action Sports, based in Denver, has launched a action sports website for women. Co-founders and sisters Courtney and Lisa Pugh are former competitive freestyle skiers, and life-long action sports’ enthusiasts…
Performance Bicycle Sold to North Castle Partners
North Castle Partners has acquired controlling interest in Performance, Inc. Garry Snook, CEO and co-founder of Performance Bicycle, has maintained a significant portion of his investment in the company, and he and other members of senior management will
The Finish Line Highlights Bright Spots in a Very Tough Fiscal First Quarter…
The Finish Line, Inc. wasn’t talking much last week about its planned merger deal with Genesco, Inc., except to outline some of the financing in place to fund the deal. The high debt load the deal will bring with it had a number of analysts skittish enou
