SGB Update Footwear
Aldila Sees Q2 Loss Widen on Shaft Sales
Aldila, Inc. reported second quarter losses widened on declining sales that suffered from a 21% decline in golf shaft sales. The golf shaft specialist reported net sales fell 22.5% to $10.6 million from $13.6 million in the year-ago period. Net loss was $
JD Sports Acquires Canterbury Rugby Brand
JD Sports Fashion Plc acquired the insolvent European arm of rugby apparel-maker Canterbury of New Zealand and global rights to the Canterbury brand. The U.K. chain bought Canterbury’s global brand, goodwill, and “certain fixed assets” for £6.5 million po
SEC Seeks More Than $22 Million from Former Kmart CEO
The Securities and Exchange Commission is seeking more than $22 million from the former CEO of Kmart Corp., Charles Conaway, for “intentionally lying” to Wall Street and concealing information from Kmart directors prior to its bankruptcy filing in 2002…
Weather Helps and Hurts Second Outdoor Sales
As consumers and analysts feel like they are beginning to see the end of the recession, spending on outdoor footwear, apparel and equipment seems to be turning around. Like many metrics recently cited by economists, the retail point-of-sale data compiled
Liberal Season Proposed for Upcoming Late Waterfowl Season
U.S. Fish and Wildlife Service today proposed continuation of liberal hunting season lengths for the upcoming 2009-2010 late waterfowl seasons, according to a release. Duck hunting season lengths would be 60 days in both the Atlantic and Mississippi Flywa
Sportsmen Urge Congress to Renew Their Commitment to Conservation in Highway Bill
With President Obama’s signing of the $7 billion short-term extension of the Surface Transportation Authorization Act on Friday, Aug. 7, the Theodore Roosevelt Conservation Partnership calls for an increase in conservation-related policies and funding as
Delta Waterfowl: Hunter Numbers Not as Bad as they Appear
Several anti-hunting groups were quick to take credit when news of declining hunter numbers broke, but a closer look at the data suggests the numbers are more reflective of changing demographics than changing attitudes, said a release by Delta Waterfowl..
Brunswick Corporation Announces Proposed Private Offering
Brunswick Corporation announced its intent, subject to market and other conditions, to offer $250 million aggregate principal amount of senior secured notes due 2016 in a private offering to qualified institutional buyers in accordance with Rule 144A and
GSI Commerce to Offer 1.8 Million Shares of Common Stock
GSI Commerce Inc. announced a registered public offering of 1,811,150 shares of common stock to be sold by the company and 8,188,850 shares of common stock to be sold by selling stockholders…
Puma AG Q2 Net Income Shrinks on Contracting Margins
Puma AG posted flat consolidated net sales growth in second quarter on a currency-adjusted basis, but rose 4.1% to €600.3 million ($818 mm) when measured in the reported euro terms. Net income totaled €38.5 million ($52 mm) versus €45.6 million ($71 mm)
Aldila Q2 Sales Fall 22.5%; Loss Widens
Aldila, Inc. saw net sales fall 22.5% to $10.6 million in the second quarter from $13.6 million in the year-ago period. The company's net loss for the period widended to $627,000, or a 12 cents loss per share, for Q2, comapred to a net loss of $523,
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
Ross Stores Expects 50% Q2 EPS Jump After 4% July Comp Sales gain
Ross Stores, Inc. reported that rose 4% on top of a 4% gain in the prior year. Sales for the four weeks ended August 1 increased 8% to $538 million from $499 million for the year-ago period…
