SGB Update Apparel
New Balance Donates $3 Million to New England Aquarium
The New England Aquarium has received a $3 million gift from the New Balance Foundation to help build the New Balance Foundation Marine Mammal Center and to develop innovative programs using seals and sea lions to promote childhood fitness…
Iconix Eyes Wal-Mart Expansion; Licensing Revenues More Than Double in Q3…
Iconix Brand Group officials said they've been working closely with a new team of merchants at Wal-Mart to expand the Danskin Now business, and are pleased with the progress…
Nautilus, Inc. Adopts Shareholder Rights Plan
Nautilus Inc. said its board adopted a shareholder rights plan, a provision that would make hostile takeovers difficult. An acquisition of 20% or more of its outstanding shares without the board's approval would trigger the rights plan…
Crocs, Inc. Shares Plunge Despite Strong Quarter…
Crocs, Inc. saw yet another quarter of triple-digit sales and earnings growth, but the company’s stock price fell more than 31% for the week following their earnings release, due primarily to lower-than-expected guidance for 2008…
Cabela’s, Inc. Third Quarter Earnings Slip on Pre-Opening Expenses…
Cabela’s was again able to post strength in the top-line for the third quarter with gains in net sales and comps, but the bottom-line suffered due to some shifts in mix and two under-performing retail stores…
Big 5 Q3 Sales Increase 3.6% on Slight Comps Gain
Big 5 Sporting Goods Corporation saw third quarter net sales increase 3.6% to $231.3 million from $223.3 million for the same period last year. Same store sales increased 0.1% for the third quarter. Net income for the fiscal 2007 third quarter was $8.4 mi
Callaway Increases Guidance on 22% Q3 Sales Increase
Callaway Golf Company net sales for the third quarter were $235.5 million, an increase of 22% compared to $193.8 million for the same period in 2006. Fully diluted earnings per share were two cents on 67.6 million shares outstanding compared to a loss per
Cabela’s Reorganizes Senior Management
Cabela’s Incorporated made several organizational changes designed to better align the Company’s business units with its multi-channel strategy. Michael Callahan, SVP of retail operations, will assume SVP of business development and international operatio
Delta Fiscal Q1 Slips to Loss Despite Sales Gains
Delta Apparel net sales for the fiscal first quarter, which ended September 29, 2007, increased 15.8% to $72.6 million compared to $62.7 million in the prior year’s first quarter. The increase was driven primarily by the FunTees and Junkfood businesses, b
20 Degrees North Inks Xterra Footwear and Apparel License
20 Degrees North has signed a licensing agreement with TEAM Unlimited to design, market and produce performance and lifestyle footwear, apparel and accessories under the Xterra brand name. All products – geared for the ageless, active-minded multi-sport
Iconix Q3 Licensing Revenue Nearly Doubles
Iconix Brand Group licensing revenue for the third quarter of 2007 increased 93% to approximately $42.7 million, as compared to approximately $22.1 million in the third quarter of 2006. Net income for the third quarter increased 114% to $17.0 million vers
Under Armour Q3 Income Climbs 25%; Sales Jump 46%
Under Armour, Inc. net revenues increased 46.3% in the third quarter to $186.9 million from $127.7 million a year ago. Apparel revenues catapulted 44.8%. Net income increased 25.4% to $20 million, or 40 cents a share, from $16 million, or 32 cents. Result
Sports Direct Doubles Stake in Umbro
Sports Direct, headed by U.K. billionaire Mike Ashley, filed papers notifying the London stock exchange that the retail chain has acquired a 29.9% stake in Umbro, almost doubling its original holdings in the company. Previously, Sports Direct owned roughl
Reef Promotes Marketing Directors
Reef, a subsidiary of VF Corp., promoted Lindy Williams to Girls’ Marketing Director and PJ Connell to Men’s Marketing Director. Said Kevin Flanagan, Reef VP of Marketing. “Both have been instrumental in growing Reef during the brand’s explosive year wher
L.L.Bean Earns Worker Safety Standards
L.L.Bean has become the 15th Maine employer to enroll in a program that lets companies develop and maintain employee protections beyond federal safety regulations. A ceremony on Tuesday marked the entry of L.L. Bean's Brunswick manufacturing facility
