SGB Update Apparel
OIA Supports New NPS Budget Proposal…
While much of the newly elected democratic Congress was calling President Bush’s new budget proposal, “dead on arrival,” Outdoor Industry Association expressed strong support for the increased funding for National Parks. The Administration’s proposed budg
Gander Pulls Realistic Airsoft Guns off Shelves…
Gander Mountain Company is pulling realistic replica guns from its stores in Minnesota and will sell only airsoft guns that are obviously and unmistakably toys. Gander Mountain will phase out realistic replica guns, in favor of guns that are more obviousl
VF Corp. Organic Growth Continues in Q4; Misses Guidance on Write-Downs…
VF Corporation reported solid organic sales growth during the fourth quarter, but write-downs relating to the company’s Jeanswear business and the recently announced sale of their Intimates business caused net income and diluted EPS to miss guidance issue
Timberland Restructures for the Future…
In conjunction with reporting its financial performance for the fourth quarter and the year, Timberland announced the departure of the company’s COO, Ken Pucker, who had been with the company for 15 years. Beginning in the second quarter, Timberland will
Timberland Fourth Quarter Impacted by Slower Boot Business…
Timberland continues to struggle with its urban boot business, but improvements and strong growth in several of its other categories are offsetting the majority of the revenue declines. Overall TBL revenue growth improved during the fourth quarter, suppor
Raynor Inducted Into Running USA Hall of Champions
Tom Raynor, chairman and CEO of Fleet Feet, Incorporated, was inducted into the Running USA Hall of Champions at their annual awards dinner in San Diego on Tuesday evening. Raynor was recognized for his leadership, innovation and outstanding contributions
Converse Ends Council of Presidents Lawsuit with License
Converse and representatives from the Council of Presidents, which comprises the leadership of nine historic African-American Fraternities and Sororities, ended a trademark infringement suit filed by the Council in 2003 by entering a into a licensing agre
Ross Stores January Comps Increase 2%
Ross Stores, Inc. saw five-week fiscal January net sales grow 38% to $399 million from $289 million in sales for the four-week period last year. The fifth week of the month added approximately $88 million in sales. Same store sales for the copmarable four
ispo winter 07 Sees 5% Trade Attendee Increase
ispo winter 07 took place in 17 halls on 180,000 sq. meters and recorded approximately 64,000 trade visitors compared to 61,087 last year, roughly 5% more than in the previous year. For the first time, the show covered the entire area available on the gr
etnies Girl Adds Domestic Sales Manager
Sole Technology, Inc. added Mindy Cook as domestic sales manager for etnies Girl. Sole Technology, Inc. added Mindy Cook as domestic sales manager for etnies Girl. In her new role, Cook will manage all aspects of domestic sales for the etnies Girl brand..
Quiksilver Cuts Fiscal Q1 Guidance on Weak Snow Sports Sales
Quiksilver, Inc. has revised its expectations for the conclusion of this year's wintersports season and has adopted a more cautious outlook for next year's early season due to an unseasonably warm winter and poor snow conditions in the U.S. and
Callaway Golf Slims Q4 Net Loss, Posts Strong Annual Gains
Callaway Golf Company saw fourth quarter net sales total $179.9 million, increasing 16.4% from $154.5 million for the same period last year. The company reported a net loss of $10.2 million for the quarter, shrinking from a loss of $18.7 million during la
Wal-Mart January Comps Climb 1.9%
Wal-Mart Stores, Inc. net sales for the five-week month of January increased 9.6% to $20.473 billion compared to $18.684 billion last year. Comparable store sales increased 1.9%…
Foot Locker Fourth Quarter Sales Slip 0.6%
Foot Locker, Inc. posted a 0.6% decrease in 13-week fourth quarter sales to $1,553 million from $1,564 million in the comparable period last year. For this same 13-week period, comparable store sales decreased 3.4%. For the 52-week period ended January 27
Costco January Comps Climb 2%
Costco Wholesale Corporation reported net sales of $5.57 billion for the month of January, the five weeks ended February 4, 2007, an increase of 7 percent from $5.21 billion in the same five-week period last year. Comps increased 2% for the month…
