SGB Update Apparel
Sears Holdings Looks to Acquire Sears Canada
Sears Holdings Corporation is proposing to acquire all of the outstanding common shares of Sears Canada Inc., for C$16.86 per common share in cash, after the distribution to shareholders of the C$18.64 per share distribution announced last Friday by the B
Specialized Wins FSR Patent Case
After a year and a half of arbitration and courtroom battles, Specialized has successfully defended its FSR suspension system. Under the terms of a recently reached agreement, Scott USA admits that its existing Genius bicycle suspension design infringes o
Forzani Renovations Pay off; Q3 Corporate Comps Climb 3.2%
The Forzani Group Ltd. reported retail system sales for the third quarter were $307.6 million, an increase of $50.2 million, or 19.5% from $257.4 million. Total Revenue, consisting of corporate store sales, wholesale sales, service income, equipment renta
Sport Chek and Columbia Join Forces to Help ‘The Power of Sport for Kids Program’
Sport Chek, a corporate banner of The Forzani Group, announced that long time major supplier Columbia Sportswear Company partners with The Power of Sport for Kids Program. Sport Chek, through The Forzani Group Foundation presents this program in partne
Kellwood Sees Sales Decline 12.5% in Q3
Kellwood Company Sales from continuing operations for the third quarter decreased 12.5% to $587 million, as compared to $671 million last year. Net earnings for the third quarter were $16.2 million or $0.60 per diluted share. The “other soft goods” divisi
Peak Resorts Takes Over Operation of Jack Frost and Big Boulder
Blue Ridge Real Estate Company and Big Boulder Corporation have entered into a long term agreement with Peak Resorts whereby Peak Resorts will operate Jack Frost Mountain and Big Boulder ski areas…
Cabela’s to Open First Chicago Store
Cabela's Incorporated expects to open a Hoffman Estates retail showroom as early as summer of 2007. The Hoffman Estates retail store would be Cabela's first store in Chicago and first in the state of Illinois…
Moonstone Hires New Brand President
Noted outdoor apparel brand Moonstone Mountain Equipment announced the appointment of Brent Bishop as president of the Moonstone brand. Bishop, no stranger to Moonstone, has led Moonstone’s product design board since 2001 and has provided strategic marke
NGF: October Rounds Played Inch Up 0.6%
Same-store rounds played were up 0.6% in the month of October over the same month last year. Rounds have been in positive territory for four of the last six months, but not positive enough to bring the year-to-date figure above break-even, coming in at -0
Gottschalks November Comps Inch Up 0.5%
Gottschalks Inc. same store sales for the month of November increased 0.5% from the prior year. Total sales for the month increased 1.8% to $62.5 million from $61.4 million in November 2004…
Sports Authority Amongst Three to Pay NYC for Lack of Disclosure
New York City Department of Consumer Affairs (DCA) Acting Commissioner Jonathan Mintz announced that The Sports Authority, along with Express LLC and Staples Inc., paid the city a total of $95,000 to settle charges that the companies refused customer retu
The Buckle Ekes Outs 0.3% Comp Sales Gain for November
The Buckle, Inc. reported that sales for November increased by 5.6% to $42.5 million from sales of $40.3 million in November 2004. Comparable-store sales rose 0.3%.
Brown Shoe Adds Hendra to Board
Carla Hendra, co-CEO of Ogilvy North America, has been elected to the Board of Directors of Brown Shoe Company, Inc. She joined OgilvyOne in 1996 as executive group director, direct/interactive marketing. In 1998, she was appointed president, OgilvyOne No
Gildan Q4 Income Jumps 73% on 24% Sales Increase
Gildan reported fiscal fourth quarter net earnings of $29.2 million and diluted E.P.S. of 48 cents, up respectively 73.6% and 71.4% from the fourth quarter of last year. Sales in the fourth quarter amounted to $180.7 million, up 24.1% from the fourth quar
Neiman-Marcus Posts 4% October Comps Gain
The Neiman Marcus Group, Inc. announced that for the four weeks ending November 26, 2005, total revenues increased 6.6% to $328 million from $308 million last year. Comparable store revenues increased 4.0% for the period to $318 million…
