SGB Update Footwear
MEC; Arc’Teryx Reach Agreement with Opposition on Tariff Relief…
Mountain Equipment Co-op and Arc’ Teryx have reached an agreement with Canadian manufacturers who had opposed their efforts to reduce traffics on imported fabrics used in the manufacture of breathable outdoor and ski apparel…
Collective Brands Will Try to Overturn Adidas Ruling
Collective Brands Inc. said it will file several motions in court seeking to set aside or reduce an unfavorable verdict in a lawsuit with Adidas. Last week, a federal jury in Oregon ordered Collective Brands to pay $305 million in damages to adidas AG. Th
Collective Brands Will Try to Overturn Adidas Ruling
Collective Brands Inc. said it will file several motions in court seeking to set aside or reduce an unfavorable verdict in a lawsuit with adidas. Matt Rubel, Collective Brands's CEO, said in a letter to shareholders, “If the trial court does not gran
Heelys Opens Office in France
Heelys, Inc. and its European company, Heeling Sports EMEA, announced an agreement with its distributor, Trotwood Import/Export to take over the distribution of Heelys in France, Monaco and Andorra. Heeling Sports France, a branch of Heeling Sports EMEA,
Warnaco Swim Revenues Decline 5% in Q1
The Warnaco Group, Inc. saw net revenues rise 18% to $574.9 million compared to $485.9 million in the prior year period. Swimwear Group revenues were $107.2 million, a 5% decline compared to the prior year period, and operating income decreased 9.0% to $1
Jelinek to Resign From Easton-Bell Sports
Daniel D. Jelinek, president of team sports at Easton-Bell Sports, Inc., will resign, effective June 1. According to a filing with the Securities & Exchange Commission, the decision was made by mutual agreement between Jelinek and the company. At this tim
BOSS Goes One on One with Nau Inc’s Marketing Man Ian Yolles
Nau Inc. was one of the highest profile sustainability stories in the apparel industry when it announced May 3 it was winding down because it could not raise more money. The irony was not lost on Ian Yolles, the architect of the company's widely adm
Neiman Marcus’s Comps Dip 0.6%
Neiman Marcus, Inc. reported revenues dipped 0.6% during April to $343 million from $346 million. Comps declined 1.9%. Comps in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 3.6%…
Heavy Promotions Boost Saks’ Comps by 24%
Luxury department store retailer Saks Inc. reported a 23.9% increase in comp store sales, but said it came at the cost of cannibalizing May sales by accelerating clearance events. The company said the heightened promotions will hurt its first quarter marg
Avis CEO Joins Hanesbrands’ Board
Hanesbrands Inc., the parent of Hanes and Champion, said Ronald L. Nelson, chairman and chief executive of car rental company Avis Budget Group Inc., has been elected to its board of directors, effective July 21. Nelson, 55, will serve for a term that wil
Etonic Names VP/GM for Stonefly
Etonic Worldwide has named Russ Curran as VP/general manager for Stonefly USA, a division of Etonic Worldwide, LLC. Curran comes to Stonefly USA with more than 20 years of experience in the footwear industry. He was most recently VP of sales at PSB Shoe G
Backcountry.com Still Thriving at Liberty Media
The acquisitions of Backcountry.com and Bodybuilder.com helped propel revenue and operating cash flow growth of 113% and 144%, respectively at Liberty Interactive Group's e-commerce group for the quarter ended March 31, 2008, Liberty Media Corporatio
Eddie Bauer Squeaks Out Mild Comp Gain
Eddie Bauer Holdings, Inc. squeaked out an 0.5% increase in same store sales on a 3.9% growth at its retail stores and a 3.1% decline at its outlet stores. The company said its first quarter loss was reduced to $19.3 million from $44.8 million a year ago.
Snowsport Sales up 10.4% in 2007-08 Season
The snow sports products market grew by $280 million to reach $2.97 billion for the 2007.08 season, up 10.4% from approximately $2.69 billion in all channels last season, according to the latest SIA survey. Equipment sales were relatively flat in specialt
New Era to Make Kiosks at MLB ballparks
New Era Cap has selected nParallel to develop portable, outdoor selling kiosks and indoor shop-in-shop environments to promote the sale of New Era merchandise at all 30 ballparks in Major League Baseball. New Era is now installing the shop-in-shop system
