SGB Update Apparel
Founder David Whelan Sells JJB Stake
Dave Whelan, founder of JJB Sports PLC, has sold his family's entire 28.96 percent stake in the UK sports retailer and quit the board. The stake was sold to a joint venture formed by Icelandic financial group Exista and Chris Ronnie, who was previous
Warrior Sports Acquires MIA Sports
Warrior Sports acquired Made In America (MIA) Sports, a manufacturer of hockey gloves, sports bags, pant covers and accessories based in Montreal. MIA Sports has approximately 23 associates, including Stephane Paul, Sales Manager, and Chris Paul, Pro Serv
GoLite Taps Rossignol Vet for VP of Sales
GoLite has appointed Canice Harte as Vice President of Sales in charge of GoLite’s U.S. apparel and equipment sales. Mr. Harte will be joining the management team in Boulder, Colorado, including Kevin Volz, GoLite’s Sales Manager for apparel and equipment
The Athlete’s Foot Unveils Merchandising and Operations Plan
The Athlete's Foot will enhance and update its in-store design, marketing and merchandizing efforts, and franchise support systems to reinvigorate the brand. The dramatic changes come under the leadership of TAF's new parent company, NexCen Bran
Cabela’s to Open Indiana Store
Cabela's Incorporated plans to build one of its destination retail stores adjacent to Interstate 65 in Greenwood, IN, if negotiations are successfully concluded. Construction on the 125,000 square-foot retail store could begin this fall and the store
May Retail Sales Rebound, but Market Still Wary…
U.S. retail sales moved back into positive territory in May after an April that was pegged by some as the “worst ever” in quite some time. According to the monthly chain store audit conducted by the International Council of Shopping Centers, May retail s
JJB Sports Sees Difficult YTD Sales from Tough Replica Kit Comparisons…
JJB Sports, the U.K.’s largest chain of sporting goods stores, issued a bit of a warning last week that its sales for the first half of the year will be hurt by the inability to comp against a strong performance in soccer jerseys last year. JJB said that
Forzani Sees Strong Franchise Performance Offset by Flat Corporate Results in First Quarter…
While the winter weather never materialized for many U.S. retailers this year, Forzani experienced too much of a good thing during the fiscal first quarter ended April 29. The weather remained wet and cold throughout much of Western Canada, causing many r
Quiksilver Continues Struggle With Hardgoods…
Quiksilver, Inc. slipped into the red during their fiscal second quarter ended on April 30, due primarily to seasonal losses in the Rossignol business and declines in the Cleveland Golf business. Quiksilver’s core action sports brands remained strong thro
Kellwood First Quarter Gets American Recreation Boost…
Kellwood reported that net sales for the first quarter were $484.4 million, a 2% decline from the $493.8 million last year. The majority of the decrease was planned within the company’s women's sportswear segment and to a lesser extent within men
Kellwood Sees Continued Improvements in First Quarter
Kellwood Company Q1 net sales totaled $484.4 million, as compared to $493.8 million in the first quarter last year. Net earnings from continuing operations were $5.9 million, or 23 cents per diluted share, versus $1.1 million, or four cents per diluted sh
Vail Resorts Fiscal Q3 Earnings Climb
Vail Resorts, Inc. revenue increased $28.1 million, or 8.2%, in Q3 of fiscal 2007 to $369.5 million from $341.4 million for the comparable quarter last year. Income from operations for the quarter increased $12.9 million, or 10.5%, to $136.2 million. The
The Finish Line Sees Q1 Comps Down 3.9%; Will Post Loss
The Finish Line, Inc. reported consolidated net sales of $288.3 million for the thirteen weeks ended June 2, 2007, a decrease of 0.2% versus consolidated net sales of $289.0 million for the thirteen weeks ended May 27, 2006. Total company comparable store
Stage Stores Comps Climb 1.4% in May; Cuts Q2 Guidance
Stage Stores, Inc. total sales for the four-week May period beginning May 6, 2007 and ending June 2, 2007 increased 9.8% to $116.6 million from $106.2 million in the prior year four-week period beginning April 30, 2006 and ending May 27, 2006. Moore store
The Buckle May Comps Climb 8.8%
The Buckle, Inc. May sales increased 13.3% to $35.3 million from net sales of $31.1 million for the prior year four-week fiscal month ended May 27, 2006. Comparable store net sales, for stores open at least one year, increased 8.8% from comparable store n
