SGB Update Footwear
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…
JD Sports Acquires Canterbury Rugby Brand
JD Sports Fashion Plc, the U.K. chain, said it acquired the rugby brand Canterbury for £6.5 million ($11mm)…
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
Cabela’s Ups Guidance After Q2 Profit Jump
Following a first quarter that saw management voice concern over an increase in bad debt expenses, Cabela’s Inc. rebounded mightily in the second quarter to post better-than-expected profits as delinquent accounts decreased in every classification and ch
Brunswick Q2 Sales Plummet on Sinking Engine, Boat Sales
Brunswick Corporation quarterly results continue to reflect the difficult economic conditions as the company reported net sales for the second quarter of 2009 were $718.3 million, down 52% from $1.49 billion a year earlier…
Confluence Opens Accessories Division
Confluence Watersports is creating an independent Accessories Division which will include the Harmony and Adventure Technology brands. To lead this new division, Chris Pageau has recently been hired as general manager. In addition, the Adventure Technolog
Warne Scopes Mounts Announces Purchase of Bold Ideas
Warne Manufacturing, manufacturer of steel scope rings and bases as well as OEM components and assemblies for other companies, announced the acquisition of the aluminum products manufacturing facility Bold Ideas…
Study: Injuries Rising in Gym Class
Injuries to American children during physical education classes increased by 150% from 1997-2007, according to a new study from the McKenzie of Nationwide Children's Hospital in Columbus, Ohio…
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
