SGB Update Footwear
Mizuno Opens New Distribution Center
Mizuno USA, Inc. has opened a new 300,000 square foot distribution center at the Hamilton Mill Business Center in Buford, GA to support the company’s continued growth and to meet future market demands. The new Distribution Center will also lead to improv
Bakers Footwear Posts Widened Q1 Loss as Comps Slide
Bakers Footwear Group, Inc. reported net sales for the first quarter decreased 11.8% from the year-ago period. Comparable store sales for the first quarter of fiscal 2008 decreased 11.1%, compared to a decrease of 9.3% in the prior-year period. The compan
Collective Brands Gets Lift from Stride Rite, but Jury Award Hits the Bottom Line…
Collective Brands Inc. took a big hit at the retail cash register at its Payless retail division in the fiscal first quarter ended May 3, but the acquisition of Stride Rite, which was not in the numbers in Q1 last year, provided a nice boost to the top-li
SGB Honors Recipients of Inaugural 40 Under 40 Awards…
The finalists for the first annual SGB 40 Under 40 awards have been selected and will be honored at an invitation-only event on June 9, 2008 during the SGMA Team Sports and Sports Licensing Show. The finalists, honored by their peers as the best and brig
Volcom Names Woolcott Chairman
Volcom, Inc. has elected Richard R. Woolcott as chairman of the board of directors. Meanwhile, Jason W. Steris, COO, will add the the duties of president to his role. Richard Woolcott, who remains chief executive officer, succeeds René R. Woolcott as chai
Saks May Comps Slide 8.7%
Saks Incorporated net sales declined 8.7% to $227.2 million for the month of May from $248.9 million last year. Comparable store sales decreased 8.7% for the period…
Earlier Sale Date Boosts Nordstrom’s Comps
Nordstrom, Inc. reported preliminary sales of $716 million for the four-week period ended May 31, 2008, an increase of 12.2% compared to sales of $638 million for the four-week period ended June 2, 2007. Same-store sales rose 10.9% thanks to earlier timin
Outdoor Sporting Goods Sales Up 37% Since 1997
While participation in hunting, fishing and camping is in decline, sales in these categories from 1997 through 2007 grew 37%, or faster than the overall sports equipment category, which grew 32.8% during the decade, according to the National Sporting Good
Quiksilver Income Up 19.4% Without Rossignol
Quiksilver Inc. reported a net loss of $240.2 million for the second quarter ended April 30 after classifying its Rossignol business as a discontinued operation. But the company said its income from continuing operations rose 19.4%. Revenues were up 15% t
Suunto Partners with Runner’s World
Suunto is planning a series of grassroots events at running specialty stores through a new partnership with Runner’s World Magazine. The program targets seven key regions – Texas, California, New York City Metro, Atlanta Metro, Seattle, Chicago and Florid
ECCO Named Official Footwear Sponsor of Canadian Tour
ECCO has been selected as the Official Footwear Sponsor of the 2008 Canadian Professional Golf Tour, a key proving ground for future PGA Tour stars…
Sports Chalet Enters Sponsorship Deal With Lakers
Sport Chalet, Inc. has signed a three year exclusive sponsorship agreement with the Los Angeles Lakers. The deal makes Sport Chalet the “Official Sporting Goods Retailer of the Los Angeles Lakers” starting with the 2008–09 season and running through 2011.
Sport Chalet to Sponsor the Lakers
Sport Chalet, Inc. announced it has inked an exclusive sponsorship agreement with the Los Angeles Lakers. The three-year agreement makes Sport Chalet the “Official Sporting Goods Retailer of the Los Angeles Lakers” commencing with the 2008-09 season and r
DSW Officially Launches E-commerce Site
DSW Inc. officially launched its e-commerce site, DSW.com. The company said the site com features more than 2,000 styles. The site offers the hottest trends from more than 175 well-known brands and continues to add more. For a limited time, DSW Rewards me
TAPS Hires SOAR to Put More Butts in Boats
The Trade Association of Paddlesports (TAPS) signed a 12-month agreement with strategic marketing communications agency, SOAR Communications. SOAR will target a wide variety of consumer media outlets in an effort to help TAPS and the industry at large exp
