SGB Update Footwear
Chick’s Headquarters to Close
According to a report by the San Gabriel Valley Tribune, Chick’s Sporting Goods’ Covina-based headquarters will close as its new owner, Dick Sporting Goods, continues to absorb operations…
Cabela’s Q4 Profits Slide 12.1%; Comps Up 2.2%
Cabela's Inc. earnings fell 12.1% in the fourth quarter to $49.4 million, or 74 cents a share, from $56.2 million, or 84 cents, a year ago. Retail store revenue increased 6.9% to $429.5 million with a same store sales increase of 2.2%; direct revenue
Sport-Haley Sees Q2, First Half Results Tumble Across Board
Sport-Haley, Inc. reported net sales of fashion apparel for the three months ended Dec. 31 were $3.2 million, a decrease of $1.2 million, or 26%, from net fashion apparel sales of $4.4 million for the comparable three-month period in the prior fiscal year
Rocky Brand’s Fourth Quarter, FY08 Sales Decrease
Rocky Brands, Inc. said net sales for the fourth quarter ended Dec. 31, 2008 were $66.0 million versus net sales of $72.5 million in the fourth quarter of 2007. For the full year 2008, net sales decreased 5.7% to $259.5 million versus net sales of $275.3
Crocs Q4 Revenues Slump 44%
Crocs, Inc. reported revenues fell 43.9% for the three months ended Dec. 31, to $126.1 million compared to $224.8 million a year ago. The comfy shoe manufacturer reported a net loss of $33.2 million, or 40 cents per share, in the latest quarter…
Ortholite Sponsors AHS and RRCA
OrthoLite has signed a sponsorship agreement as the preferred insole partner with American Hiking Society (AHS) and Road Runners Club of America (RRCA). In addition, the company will continue its sponsorship with the American Trail Running Association (AT
Danskin to Close Plant/Distribution Center
Triumph Apparel Corp, formerly Danskin Inc., will shut down its manufacturing plant and distribution center in York, PA, affecting 226 jobs. In a statement, Triumph Apparel said it had tried but failed to find an investor or partner that could provide fin
John Shanley Loses Battle with Cancer
John Shanley, 65, veteran footwear and retail research analyst at Susquehanna International Group, passed away last Sunday, after battling with bladder cancer for more than four years. Shanley had twenty-five plus years of experience within the footwear a
Nautilus Delays Q4 Conference Call
Nautilus, Inc. has rescheduled its previously announced conference call to discuss its fourth quarter results to March 10. The company said the rescheduled conference call date is necessary to allow additional time to complete the few remaining items in c
Gander Mountain Q4 Profit Improves; Comps Slip 0.2%
Gander Mountain Co. said it expects consolidated sales for the fourth quarter of approximately $333 million compared to $318 million a year ago, a 4.9% increase. Net income is expected to reach approximately $20 million compared to net income of $5.8 mill
Jeff Rosenthal Promoted to Hibbett’s President and COO
Hibbett Sports, Inc. announced the promotion of Jeff Rosenthal, the company's vice president of merchandising, to president and chief operating officer, effective immediately. Rosenthal has been involved in the industry since 1981…
Easton Sports Named Play It Again Sports’ Vendor of the Year
Easton Sports has been named Play It Again Sports' 2008 ‘Vendor of the Year’ in baseball/softball. The award was voted on by PIAS member stores and is based on profitability, delivery, customer service, representative service, marketing support and c
Gildan’s Q1 Earnings Tumble, Suspends Guidance
Gildan Activewear reported that fiscal first quarter net income tumbled 84.6% for the period ended January 4, primarily due to significantly lower unit sales volumes, combined with higher cotton and energy costs, and unfavorable product mix…
Asics Lowers Guidance Despite Solid Q3
Asics Corp. reported third quarter net sales of ¥60.42 billion ($628.9 mm), increasing 5.5% from net sales of ¥57.27 billion ($506.3 mm) last year. The company saw growth in both footwear and apparel more than offset a slight decline in equipment sales, b
Mizuno Lowers Outlook After Tough Q3
Mizuno Corp. had a difficult third quarter as continued softness in the global economy slowed sales and caused the company to lower its guidance for the fiscal year that ends at the end of March. The company now anticipates reporting a net loss for the fi
