SGB Update Apparel
Kellwood Company Q3 Earnings Slip on Restructuring Charge
Kellwood Company net sales totaled $516.4 million, as compared to $520.0 million in the third quarter last year. Net earnings from continuing operations were $5.5 million, or 21 cents per diluted share, versus $7.9 million, or 29 cents per diluted share,
Kangol Sold to Sports World’s Mike Ashley
August Equity Trust plc reported in a release that the equity fund had “realised its investment” in the Kangol brand signifying its sale, while reports out of the UK name Mike Ashley, owner of Sports World, as the buyer. Rumors tag the final purchase pri
Timberland Acquires Howies
The Timberland Company has acquired Howies Limited, an active sports brand founded on the idea of designing and manufacturing clothing for the inspired action sports and outdoor customer. Howies was created to serve as a voice and mechanism for communicat
BJ’s November Comps Increase 0.6%
BJ's Wholesale Club, Inc. sales for November 2006 increased by 4.9% to $652.5 million from $621.8 million in November 2005. Comparable club sales increased by 0.6% for the month, including a negative impact from gasoline sales of 1.3%. Excluding the
Neiman Marcus November Comps Climb 2.9%
Neiman Marcus, Inc. November 2006 revenues were $332 million compared to $315 million last year, and increase of 5.3%. Comparable store sales for the month increased 2.9%…
The Bon-Ton November Sales Down 12.3% Without Acquisition Help
The Bon-Ton Stores, Inc. posted a 159% increase in November sales to $367.0 million from $141.9 million for the same period last year when including a $242.5 million benefit from the acquisition of the Carson's and Parisian stores. Excluding the acqu
OIWC Calls for Award Nominations
Nominations for the Pioneering Woman Award for both the outdoor and snowsports industry and the First Ascent Award for the snowsports industry are due on Friday December 15th. Time is running out to nominate your mentor or a young woman new to the industr
Schutt Sports Adds Collecitbles Business Unit Manager
Schutt Sports added Kevin O’Hare as the Collectibles Business Unit Manager. Prior to joining Schutt Sports, Mr. O’Hare was President of KO Sports First, Inc., in Sarasota Florida, since 2004…
Zumiez November Comps Jump 12.1%
Zumiez Inc.'s total net sales for the four-week period ended November 25, 2006 increased 43.9% to $25.9 million, compared to $18.0 million for the four-week period ended November 26, 2005. The company's comparable store sales increased 12.1% for
Hotronix Expands Production Facility
Stahls’ Hotronix, a manufacturer of heat press machines for a wide range of applications, recently expanded its production facility located in Masontown, Pa., by 70%. According to director of operations Ben Robinson, this needed expansion will allow the c
But Foot Locker Puts an End to Rumors of Its Own Sale…
Foot Locker, Inc. on Friday put an end to rumors about a sale of the company and even hinted that they had been in the hunt for a few acquisitions themselves. Speculation of the sale of the world’s-largest-athletic-specialty-retailer to a private equity
Sport-Haley Narrows Fiscal Q1 Loss…
Sport-Haley, Inc. saw the addition of the Top Flite business help add to its top line in the company’s fiscal first quarter, while its established Ben Hogan and Sport Haley brands both saw slight downturns. Nevertheless, the company was able to trim its
Hibbett Posts Strong Q3 Despite Margin Hit…
Hibbett Sporting Goods, Inc. posted a strong high-teens increase in net sales in the third quarter, but even management admitted that they were likely a little overworried about comping against strong Katrina related sales last year as the retailer offere
Zumiez Q3 Margins Hit by New Stores…
Zumiez Inc. saw the cost of new stores, including the acquired Fast Forward business, cut into the bottom line a bit in the third quarter, but nothing to prevent the action sports retailer from posting a double-digit gain there. ZUMZ reported a 43% jump
Johnson Outdoors Cuts Fiscal Q4 Loss Dramatically; New Product Drives Gains…
Johnson Outdoors’ operational improvements worked their way down to the bottom line for the company’s fiscal fourth quarter and the 2006 fiscal year with a mid-single digit sales increase translating to an income increase in excess of 20% for the full yea
