SGB Update Footwear
G-III Beats Sales and Earnings Guidance in Q2
G-III Apparel Group net sales increased 21% to $83.9 million from $69.1 million last year. The company's prior guidance called for $75 million in sales for Q2. The Company reported a net loss of $884,000, or five cents per share compared to a net los
Ashworth Posts Q3 Loss; Revs Drop 6.3%
Ashworth, Inc. reported revenues for the third quarter ended July 31, decreased 6.4% to $49.5 million from $52.8 million. The company reported a loss of $5.7 million, or 39 cents a share, compared to net income of $0.7 million, or 5 cents per share, a yea
Lululemon Q2 Profits Soar 168%
Lululemon athletica inc., in its first report since going public, reported Q2 net income more than doubled to $5.1 million, or 7 cents a share, from $1.9 million, or 3 cents, a year ago. Revenues in the period ended July 31 jumped 80% to $58.7 million fr
Mad Dogg Athletics Wins Trademark Lawsuit
Mad Dogg Athletics, Inc., the provider of instructor education and products for indoor cycling, announced a victory in its lawsuit against NYC Holding for cyberpiracy and infringement of its world-famous Spin® and Spinning® trademarks…
Under Armour Signs Ray Lewis as Endorser
Under Armour has signed Baltimore Ravens All-Pro middle linebacker Ray Lewis to a multiyear endorsement contract, according to the Baltimore Business Journal. Terms were not disclosed…
New Sport Supply Group Looks Ahead after Year of Integration…
Sport Supply Group, the entity formed after Collegiate Pacific, Inc. acquired the former Sport Supply Group in November 2006, ended its first fiscal year as a combined business with bottom line gains that more than doubled compared to the previous fiscal
Obit: Former NSGA Chairman Jack Schlicht
Jack Schlicht, retired owner of Milwaukee Sporting Goods and former chairman of the National Sporting Goods Association, died Thursday, August 30. Schlicht served on the NSGA Board of Directors from 1988-2001, including one term as Chairman in 1994…
Iconix Brand Group to Acquire Pillowtex…
Iconix Brand Group Inc. reached an agreement to buy Pillowtex LLL for $231 million to diversify outside of the world of fashion. Pillowtex marks Iconix's largest acquisition to date, topping the $204 million it paid earlier this year for Rocawear…
Action Sports Retailer Show Kicks Off with Hot Footwear Categories…
From an apparel and footwear standpoint, it would be hard to pinpoint one singular trend standing out at the Action Sports Retailer show this year. On the style front, all the edgy skater boys in SoCal are rocking mullets, but when it comes to apparel and
OR Summer Market Sees Continued Growth…
In 2006, Outdoor Retailer Show celebrated its 25th anniversary. A 175,000 square foot expansion of the Salt Palace convention center’s main exhibit space and a 12.4% increase in attendance confirmed the show’s continuing vitality. In 2006, 967 exhibitors
Kellwood Sees Second Quarter Loss Expand; American Rec. Sees Strong Growth in Q2
Kellwood Company Q2 net sales increased 1.3% to $465.4 million compared to $459.6 million in the second quarter last year. The company’s net loss was $65.8 million, or $2.54 per diluted share, versus net earnings of $7.2 million, or 28 cents per diluted s
Head to Handle Palmer Ski and Snowboard U.S. Distribution…
Head USA will immediately take over the U.S. distribution of Palmer snowboards and its new ski line that were introduced last November at the Palmer Project in Colorado. With preseason orders about to start shipping, both Palmer and Head are trying to rea
Cabela’s Lands Spot on SandP SmallCap 600
Cabela's Inc. will replace eFunds Corp. in the S&P SmallCap 600 after the close of trading on a date to be announced. eFunds is being acquired by S&P 500 constituent Fidelity National Information Services Inc. in a deal that is still pending final ap
Billabong To Acquire Xcel Hawaii
Billabong has acquired Xcel Hawaii Inc., maker of wetsuits and other apparel and accessories, for an undisclosed price. Xcel Hawaii was established in 1982 by Edmont D’Ascoli, who eventually moved to Hawaii. D’Ascoli will remain with the business and cont
The Finish Line Q2 Comps Decline 4.7%; Expects Loss
The Finish Line, Inc. recorded net sales of $343.0 million second quarter, increasing 1.3% versus consolidated net sales of $338.6 million for the same period last year. Total company comparable store net sales for Q2 decreased 4.7%. By concept, Finish Li
