SGB Update Footwear
Ride Snowboards Names Reps for California
Ride Snowboards tapped Bill Markham, formerly Ride’s Rocky Mountain rep, to handle sales in SoCal starting Dec. 17 and Jim Linnberg to canvas the northern reaches of the state…
Famous Footwear Q3 Sales Hurt by Women’s Casual; Athletic Seen as Bright Spot
An increase in stores and marketing activity failed to counter slower consumer spending at Famous Footwear in the third quarter ended Nov. 1. The family footwear retailer started the quarter with a “solid” back-to-school season, “driven largely by athlet
DSW Lowers Fiscal Year Guidance Again; Embarks on Major Athletic Promotion
DSW Inc. once again lowered its fiscal full year earnings guidance, citing one-time costs and a downturn in consumer spending. The footwear retailer said it now expects to earn 62 cents to 72 cents per share for the year, down from its August estimate of
Genesco Third Quarter Results In Line With Adjusted Guidance
Genesco Inc. said its results for the third quarter reflected solid performances at Journeys, Hat World and Dockers, partially offset by challenges at Johnston & Murphy. The company ended the quarter with 4% less inventory, thanks to solid back-to-school
Dealers Upbeat at Sports Inc. Show as Institutional Biz Offsets Soft Retail
At the Sports, Inc. show in Las Vegas last week, the common story on the show floor was ‘retail is difficult, but the actual dealer business itself is doing quite well.’ As a result, most dealers seemed relatively upbeat and ready to tackle what might be
Firearm Industry Recognizes 10th Anniversary of NICS
The National Shooting Sports Foundation (NSSF)-the trade association for the firearms industry-and its National Association of Firearms Retailers (NAFR) division-recognized yesterday the 10 year anniversary of the FBI National Instant Criminal Check Syste
Canadian Co-op Buying Sportsman’s Warehouse
Alberta, Canada-based UFA Co-operative Limited is poised to acquire a majority interest in Utah-based Sportsman’s Warehouse, increasing the co-operative’s annual revenue by $800 million. UFA has already made a significant cash injection into the US retai
Intrawest Names New President/CEO
Intrawest appointed Frank DeBerry to the position of President and COO at Mountain Creek in New Jersey. In this role, DeBerry will be responsible for all aspects of Mountain Creek's resort operations and he…
Sturm, Ruger and Co. Authorizes Stock Repurchase Program
Sturm, Ruger & Company, Inc. said its board of directors has authorized a stock repurchase program…
DSW’s Q3 Earnings Drop 41.1%
DSW Inc. reported earnings fell 41.1% in the third quarter ended Nov. 3, to $13.2 million, or 30 cents a share, from $22.4 million, or 51 cents, a year ago. Revenues climbed 6.5% to $391.4 million from $367.4 million but same-store sales slipped 3%. The f
Steve and Barry’s to Start GOB Sales
A U.S. bankruptcy judge approved Steve & Barry's request for going-out-of business sales to begin immediately. The retailer filed for bankruptcy protection last week with a plan to liquidate its remaining 173 stores by early 2009…
Nikwax Names New Rep for Northwest
Nikwax has hired Pacific Rep Works for the company’s Northwest territory. The agency, which operates from five offices in the territory, already represnts CamelBak, Sugoi, Chariot Trailers and Overland Equipment…
adidas Signs 11-Year Deal with IAAF
adidas and the International Association of Athletics Federations have entered an 11-year partnership agreement granting adidas the world-wide sponsorship rights for all IAAF World Athletic Series events from 2009 until 2019. The partnership incorporates
Foot Locker Inc. Sees Stronger Europe, but Weaker U.S. in Third Quarter
While Foot Locker Inc.’s Europe business showed signs of strengthening in the third quarter, it wasn't nearly enough to offset a “precipitous” slow down in the U.S. during September and October. As a result, Foot Locker slightly missed its guidance t
Pacific Sunwear Third Quarter Sales on Tougher West Coast Sales
Pacific Sunwear of California, Inc. had total sales for the third quarter ended Nov. 1, 2008, of $323.6 million, a 5% decrease from total sales of $341.9 million for the third quarter ended Nov. 3, 2007. Total company same-store sales decreased 7% during
