SGB Update Apparel

National Park Service Eyes Radical Rule Changes…

The U.S. Department of the Interior released its revised and re-written rules governing the National Parks Service and so far, the Outdoor Industry and conservation community is reacting with skepticism and, in some cases, hostility. The largest controver

Bike Sales Fall at Pacific Cycle in Spite of Gas Price Hike…

Dorel Industries reported that third quarter revenue in its Recreational/Leisure Segment decreased 33.7% to $70.8 million compared to last year's $106.8 million. Earnings from operations dropped 57.4% to $6.3 million compared to $14.7 million last ye

Everlast Sees Shares Surge on Record Third Quarter…

Everlast Worldwide posted the highest third quarter revenues for the company, riding a 13.5% increase in sales to $12.6 million from $11.1 million last year. Management attributed the sales gain to continuing apparel operations and sporting goods, which

Nordic Walking Expansion Efforts Slow Exel’s Profits…

The Exel Group’s Sport division saw net sales declined slightly due to increased competition in the Nordic walking market in Europe, while profits took a hit from their investment in expanding the category into China, Japan, and North America. Third quart

Intrawest Sees Fiscal First Quarter Return to Profitability

Intrawest Corporation, for the first quarter of 2006, reported total revenue of $301.8 million, an increase of 47%. Net income increased significantly to $9.2 million, resulting in diluted earnings per share of $0.19. Total Company EBITDA more than triple

Puma AG Sees Europe At-Once Negate Backlog Decline…

Puma AG’s third quarter looked a lot like its second quarter, but the Americas – and the U.S. in particular – strengthened even further as Europe started to show some improvement in both sales and backlog versus the Q2 period. The company reported that c

Sears Names EVP Apparel Design

Sears Holdings Corporation named Lisa Schultz as executive vice president, Sears Holdings Apparel Design, a new position. In this new role, Schultz will have responsibility over all of Sears' and Kmart's apparel design teams. She will report to

Foot Locker, Inc. Sees Positive Trend in Europe…

Foot Locker, Inc. looked to a fresh management team in Europe to deliver some light at the end of the tunnel in the third quarter in a region that is keeping both retailers and vendors up at night. The team, led by former Lady Foot, And 1, and Footaction

Declining Mercury Pushes October Retail Comps Higher…

A shift in weather patterns to more seasonal temperatures in mid-October appeared to be the driver for an October at retail that surprised and even shocked some of the most optimistic prognosticators of retail trends. According to a monthly survey of 71

Delta Apparel Gets Fiscal Q1 Boost from Junkfood

Delta Apparel, Inc. reported net sales rose 11.6% to $60.6 million for the fiscal first quarter ended October 1, compared to $54.3 million in the prior year's first quarter. The increase was driven by the inclusion of Junkfood Clothing, which was ac

Shoe Carnival Promotes Vernarksy to VP, DMM

Shoe Carnival, Inc. promoted Tom Vernarsky to vice president and divisional merchandise manager Men's shoes, from his former position as Shoe Carnival's buyer in the women's sport and casual shoes category. Before joining Shoe Carnival, Tom

Federated Sees October Comps Slip 0.7%

Federated Department Stores, Inc. reported comparable-store sales for the month of October slipped 0.7%. Total sales inlcuding the recently acquired May Company stores were $2.138 billion, an increase of 92.9% compared to total sales of $1.108 billion in