SGB Update Footwear

NexCen Extends TAF Licenses for Australia and New Zealand

NexCen Brands, Inc., through a new wholly owned subsidiary, TAF Australia, LLC, has signed new long-term license agreements with RCG Corporation Ltd. and its subsidiary, The Athlete’s Foot Australia Pty Ltd., previously the master franchisee for TAF in Au

Bon-Ton Comps Declilne 9.8% in July

The Bon-Ton Stores, Inc. announced comparable store sales for the four weeks ended Aug. 1, 2009 decreased 9.8% compared with the prior year period. Total sales for the four weeks decreased 9.6% to $178.8 million compared with $197.9 million for the prior

Nordstrom Sees Comp Sales Decline for July, Anniversary Sale

Nordstrom, Inc. reported a 6.9% decrease in same-store sales for July compared with the comp month in fiscal 2008. Full-line same-store sales performance for the first 16 days of the Anniversary Sale, which began Friday, July 17th, declined 6.6% compared

Macy’s Comps Drop 10.7% in July

Macy’s, Inc.reported total sales of $1.377 billion for the four weeks ended Aug. 1, a decrease of 10.7% compared with total sales of $1.543 billion in the year-ago period. On a same-store basis, Macy’s, Inc. sales also were down 10.7% in July…

Neiman Marcus Comps Drop 27.3% in July

Neiman Marcus, Inc. announced the preliminary company-wide revenues for July 2009. The Company’s fiscal year 2008 ended on August 2, 2008, which included a fifty-third week…

Remington Non-Lead Hunting Ammo Receives California Certification

Remington said as of July 12, Premier Copper Solid Rifle, Premier Copper Solid Sabot Slugs and Premier Disintegrator Varmint lines of ammunition have been approved by the California Department of Fish and Game for use in the hunting zones within the range

Crocs Sales Slide 11.3% in Second Quarter

Crocs, Inc. reported Q2 revenue slid 11.3% to $197.7 million from $222.8 million a year ago but exceeded company guidance for the quarter. On a non-GAAP basis, the company’s Q2 2009 net loss after taxes was $5.0 million, or 6 cents a share…

Small Outdoor Business Owners Pessimistic About Economic Recovery

In a survey released today by Outdoor Industry Association (OIA), small businesses reported their revenue expectations for 2009 continue to fall and employment indicators continue to decline. Bottom line: Outdoor businesses have a more negative view abo

JD Sports Aquires Canterbury Europe Limited for £6.5 Million

JD Sports Fashion Plc announced that it has acquired
the key trading assets and trade of Canterbury Europe Limited (in administration) along with the global rights to the rugby brand 'Canterbury' and 'Canterbury of New Zealand'. The b

Big 5’s Earnings Surge on Lower Costs, Comps Up 0.3%

Big 5 Sporting Goods Corp. reported sales for the second quarter rose 3.3% to $216 million from $209 million a year ago. Comps nudged up 0.3%. Net income climbed 176.5% to $4.7 million, or 22 cents a share, from $1.7 million, or 8 cents a year ago. Exclu

Sportsman’s Warehouse to Emerge from Bankruptcy

Sportsman’s Warehouse, Inc. announced that the U.S. Bankruptcy Court for the District of Delaware has confirmed its Plan of Reorganization sponsored by an affiliate of Seidler Equity Partners, a private equity firm based in Southern California. The compan

i.e. Distribution Reaches Footwear Licensing Agreement for DADA

i.e. distribution reached a license agreement to produce and distribute DADA Footwear and DADA Supreme Footwear for North America. i.e. distribution is the world wide distributor and owner of World Industries, a 21 year old skateboard, footwear and access