SGB Update Apparel
Nike and Foot Locker Collaborate on New Basketball Retail Concept
Nike, Inc. and Foot Locker, Inc. expect to open up to 50 “House of Hoops by Foot Locker” retail stores in the United States over the next three years. House of Hoops will be a “hub for all things basketball,” offering exclusively Nike, Jordan and Converse
VF Imagewear Extends MLB License Agreements
VF Imagewear, Inc. announced that it has extended its strategic licensing agreements with both Major League Baseball Properties and the Major League Baseball Players Association. The agreements cover authentic, replica and fanwear products for all size ra
SkyGolf Adds Golden as VP Business Development
Brian Golden has been named VP of business development at SkyGolf, LLC, marketer of the SkyCaddie GPS Rangefinder. In his new role, Golden will be responsible for working on sales and marketing initiatives, as well as building an International distributio
Payless to Acquire Stride Rite; Change Name to Collective Brands
Payless ShoeSource, Inc. has signed a definitive agreement to acquire The Stride Rite Corporation for approximately $800 million plus the assumption of Stride Rite debt. The all-cash offer of $20.50 per share represents a 32% premium over Stride Rite'
Spalding Launches ‘The Science of Basketball’ Curriculum
Spalding is spreading the word on the scientific principles of its NEVER FLAT basketball in classrooms across the country. “The Science of Basketball” curriculum which provides more than 11,000 science teachers across the country with handouts and posters
Genesco Warns on Q1 Results; Will Shutter Doors…
Genesco Inc. announced last week that it expects to report weaker first quarter comp store sales results at its Hat World chain and sharply lower comps at its Underground Station group, prompting the company to lower its earnings forecast for the first qu
Phoenix FW Sees Solid Q1, but Tough Q2 Ahead…
Phoenix Footwear returned to profitability after reporting a heavy loss in the fourth quarter of fiscal 2006. Net sales for the first quarter increased 4.3% to $42.1 million compared to $40.3 million last year.
Asics Sees Annual Revenues Driven by U.S. and E.U.
Asics Corp. reported a 13.7% increase in global net revenues to ¥194.52 billion ($1.67 bn) for the fiscal year from ¥171.04 billion ($1.51 bn) last year. Operating income jumped 23.1% to ¥20.25 billion ($173.3 mm), but increased tax expenses caused net in
IMG Acquires Licensing Partners International…
One week after completing its acquisition of Collegiate Licensing Company, IMG acquired CLC sister company, Licensing Partners International.
NSGA: Power Boating is Fastest Growing Sport
Among 16 sports and recreation activities with more than 20 million participants in 2006, power boating had the highest rate of growth, up 6.2% to 29.3 million power boaters, according to the new Sports Participation studies published annually by the Nati
Adams Golf Sees Hybrids and Drivers Set Q1 Pace…
Adams Golf rode the strength of its Hybrid irons in the first quarter as it posted double-digit sales gains which trickled down the income statement to a low-teens gain on the bottom line as well…
Warnaco Swimwear Sees Fairly Flat Q1 Sales…
Warnaco, Inc. reported that its Swimwear Group posted a 1.8% improvement in revenues to $136.8 million from $134.4 million in the year-ago period.
Golf Town First Quarter Slows…
Canadian golf specialty retailer Golf Town posted a modest increase in overall sales for the first quarter, but saw a comparable store sales slip in the low-singles foster a widened quarterly loss…
Sport-Haley Q1 Loss Expands Despite 25% Sales Jump
Sport-Haley, Inc. reported a 25% increase in net sales for the third fiscal quarter to $5.3 million from $4.2 million last year. The company did not ship any Top-Flite branded apparel during the third quarter. The net loss for the quarter was $218,000, widening by 15% from a loss of $190,000 last year. Diluted earnings […]
Athlete’s Foot Q1 Comps Slip…
The Athlete's Foot, which is part of NexCen Brands Inc., saw comparable store sales rise 7% worldwide as a 3.5% drop domestically offset a 16% gain internationally. Despite the weak comps domestically, Bob D'Loren, NexCen's president and CE
