SGB Update Footwear
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
adidas Group Sees Solid First Quarter Results…
Adidas Group had a solid first quarter at its adidas and TalyorMade-adidas Group divisions, but experienced continued declines in the Reebok business. Both the adidas and Reebok segments got a boost from an increase in the owned-retail business and the co
SIA: Snow Sports Sales Up 10.4% for Season…
Record, albeit late, snow throughout much of the United States spurred a 10.4% increase in U.S. snow sports products this winter, according to Snowsports Industries America. Sales grew by $280 million to reach $2.97 billion for the 2007-08 season ending
Retail Sales Surprisingly Strong in April…
The retail landscape proved surprisingly pleasant in fiscal April as the beginning of summer’s warmth met with an extra day’s selling to drive the consumer, who has completely converted to a buy now-wear now mentality, to the register…
Nautilus Q1 Revenues Decline…
Nautilus, Inc. reported Q1 sales from continuing operations declined 5.4% to $129.6 million from $137 million a year ago. On a conference call, Nautilus's management said the commercial business saw sales decrease 10% to $16 million. Direct sales wer
Gildan’s Q2 Sales Jump 26.5%…
Gildan Activewear Inc. reported sales climbed 26.5% in its second quarter ended April 29, to $293.8 million from $232.1 million a year ago. The increase was due to an increase of 98.4% in sock sales due to the acquisition of V. I. Prewett & Son and new re
Heelys Q1 Revenues Fall…
Heelys, Inc. reported Q1 sales tumbled 73.5% to $13.1 million from $49.4 million a year ago. But Ralph Parks, Heelys CEO, said the company has witnessed improving trends in several key areas, including lower inventory levels in the channel, a modest incr
SIA: Snow Sports Sales Rise 10.4% for Season…
Record, albeit late, snow throughout much of the United States spurred a 10.4% increase in U.S. snow sports products this winter, according to the latest retail audit from Snowsports Industries America. Sales grew by $280 million to reach $2.97 billion f
The Death of a Noble Idea: Nau Legacy Cloaked in Irony…
The irony is unmistakable. In the end the company that promised to break new ground in establishing a sustainable business model could not sustain itself…
Toronto Firm Bringing Boa System to Headwear…
InnoVision Headwear, Inc. (IV Headwear) has negotiated an exclusive, multi-year license to use a specially designed Boa Technology fitting system in headwear. The two companies jointly developed Caps_Lock, a proprietary, patent pending application of Boa’
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
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
