SGB Update Apparel
High Sierra Names Pres./International Sales
High Sierra Sport Company, a manufacturer of bags and luggage, announced the appointment of Jorge Garces as Vice President of International Sales. Garces will be responsible for implementing sales and marketing strategies for European, Latin American, Asi
Goody’s Family Clothing Files Chapter 11, To Close 69 Doors
Goody’s Family Clothing, Inc. has filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. As part of the reorganization process, the retailer w
New Balance Supports Special Olympics
The New Balance Foundation said it is supporting the Special Olympics Massachusetts with a gift of $100,000. The New Balance Foundation said its gift “will be used to support the athletic training and competition activities for all Special Olympics Massac
Japan Lets Swimmers Wear Speedo
Japanese officials agreed to permit its swimmers to wear Speedo's controversial LZR bodysuit at August's Beijing Games. The Japan Swimming Federation (JSF) had until now required its swimmers in the Beijing Olympics and world championships to we
Organized Sports Participation Slides Among Canadian Youth
A smaller percentage of Canadian children participated regularly in organized sports activities in 2005 than in 1992, and the decline was larger for boys, according to a new study. The study found that participation in sports rose with household incomes a
Mizuno Opens New Distribution Center
Mizuno USA, Inc. has opened a new 300,000 square foot distribution center at the Hamilton Mill Business Center in Buford, GA to support the company’s continued growth and to meet future market demands. The new Distribution Center will also lead to improv
HI-TEC Outdoor Sees Rise In Sales
HI-TEC has seen sales rise by 21% for the first quarter 2008 against the same period the previous year…
Oregon Wants Its Cut of adidas/Payless Suit: $82 Million…
adidas AG may have to give the state of Oregon $82 million of its winnings in a trademark-infringement case against Payless ShoeSource. Oregon is entitled to 60% of punitive damage awards that involve state-law claims, the state's lawyer said in pap
Collective Brands Gets Lift from Stride Rite, but Jury Award Hits the Bottom Line…
Collective Brands Inc. took a big hit at the retail cash register at its Payless retail division in the fiscal first quarter ended May 3, but the acquisition of Stride Rite, which was not in the numbers in Q1 last year, provided a nice boost to the top-li
Target May Comps Slip 0.7%
Target Corporation net sales increased 5.5% in May to $4.564 million from $4,325 million for the four weeks ended June 2, 2007. On this same basis, May comparable store sales decreased 0.7%…
Saks May Comps Slide 8.7%
Saks Incorporated net sales declined 8.7% to $227.2 million for the month of May from $248.9 million last year. Comparable store sales decreased 8.7% for the period…
Outdoor Sporting Goods Sales Up 37% Since 1997
While participation in hunting, fishing and camping is in decline, sales in these categories from 1997 through 2007 grew 37%, or faster than the overall sports equipment category, which grew 32.8% during the decade, according to the National Sporting Good
Quiksilver Income Up 19.4% Without Rossignol
Quiksilver Inc. reported a net loss of $240.2 million for the second quarter ended April 30 after classifying its Rossignol business as a discontinued operation. But the company said its income from continuing operations rose 19.4%. Revenues were up 15% t
Suunto Partners with Runner’s World
Suunto is planning a series of grassroots events at running specialty stores through a new partnership with Runner’s World Magazine. The program targets seven key regions – Texas, California, New York City Metro, Atlanta Metro, Seattle, Chicago and Florid
The Buckle Posts Another Impressive Month in May
The Buckle, Inc. saw comparable store sales jump 34.7% for fiscal May. Net sales for the four-week fiscal month ended May 31, 2008 increased 44.1% to $50.8 million from net sales of $35.3 million for the prior year period…
