SGB Update Apparel
Shoe Carnival Sees Rebounding Trends in Athletic…
Shoe Carnival, Inc. was able to leverage a fairly moderate sales increase in the fourth quarter and year into solid improvements in operating profit for both periods. While comps for the fourth quarter declined 0.9%, and net sales rose only 1.3% on a com
Golfsmith Offsets Comps Drop with New Stores…
Golfsmith International Holdings, Inc. used an increase in store count and in direct-to-consumer sales to offset decreased same-store sales in the fourth quarter and to create a mid-single digits top-line gain. However, this increase was not enough to off
Pacific Sunwear Posts Weak Q4; 2006 Down Too…
Pacific Sunwear of California, Inc. put a disappointing end to a frustrating year as it saw comparable sale decreases in both its PacSun and demo concepts fuel a steep decrease in net income for the both the fourth quarter and fiscal year. For the fourth
Obituary: Roswell Brayton, Jr.
Roswell Brayton, Jr., Woolrich’s president, passed away suddenly last week. He was 55 years old. Brayton collapsed on March 12 at Woolrich headquarters in Woolrich, Penn. He was rushed to Jersey Shore Hospital where medical personnel were unable to revive
adidas Moves U.S. Financial Ops; Fights German Football Bid
adidas America is moving its corporate accounting and financial services division, which is currently based in Portland, Ore., to the Massachusetts headquarters of Reebok International Ltd. The move is expected to take place in April 2007, with a second p
Pacific Cycle Sales Decline on Weak Mass Channel
Dorel Industries, the parent company of Pacific Cycle, has been working to transform the company from a bicycle manufacturer to a recreation holding company. The Recreation and Leisure division reported fourth quarter sales declined 6.3% to $75 million co
Reebok Signs on as Sponsor of Peachtree
Reebok International has reached a multi-year agreement to serve as the official footwear and apparel sponsor of the world’s largest 10K, The Atlanta Journal-Constitution Peachtree Road Race…
Enyce Enters Juniors/Girls Footwear License
Enyce has reached an agreement in principle with Gina Group LLC to manufacture juniors and girls footwear and hosiery under the Enyce brand name.
Tom O’Riordan Joins American Sporting Goods as CEO
Tom O’Riordan, the former COO of Fila USA, has taken
the reins at American Sporting Goods as CEO, effective
March 12, 2007. O’Riordan, who has also purchased an
equity position in the company, replaces Kevin Wulff, the
former Nike exec that recently
Shoe Carnival Q4 Earnings Climb 70% on 8.3% Sales Gain
Shoe Carnival, Inc. net earnings for the 14-week fourth quarter increased 70.0% to $5.1 million compared with net earnings of $3.0 million in the 13-week Q4 last year. Diluted EPS increased 68.2% to 37 cents per share compared with 22 cents per share last
EMS Hires CGPR
Eastern Mountain Sports hired CGPR as its public relations agency of record…
The Athlete’s Foot To Host Franchise Convention at SGMA Spring Market
The Athlete's Foot will hold its Global Franchise Convention at SGMA Spring Market (June 11-13; Sands Expo and Convention Center; Las Vegas, Nevada). Hundreds of The Athlete's Foot franchise owners from around the world are anticipated to attend
Adams Golf Sees Q4 Sales Jump
Adams Golf reported net sales increased 35.1% to $13.1 million for the fourth quarter from $9.7 million in the comparable period last year. The company used the sales gains to switch last year's net loss of $1.0 million to a net income of $4.4 millio
Rossignol’s Weak Winter Drags Down Quiksilver’s Fiscal First Quarter Results…
Quiksilver was a victim of the warm winter weather during the company’s fiscal first quarter with both Europe and U.S. winter sports sales declining in the double-digits. While the company gained some market share during the fiscal fourth quarter, the re-
Malden Converts BK to Chap 7
In the on-going saga of Malden Mills’ most recent bankruptcy, the company has filed for chapter 7 in an effort to dismantle the former entity known as Malden Mills and to start the business anew under the name Polartec, LLC. The attorneys for Malden filed
