SGB Update Footwear
The Finish Line to Post Q1 Loss on Heavier Promotions, Weak Apparel Business…
The Finish Line, Inc. reported a decline in comp store sales for the fiscal first quarter ended June 2, hurt by a very weak apparel business. Consolidated net sales dipped 0.2% to $288.3 million for the thirteen-week period, while total company same-stor
LOWA Retains U.S. Distribution Rights for Tecnica…
LOWA has taken over distribution rights to the Tecnica Outdoor Footwear Division for the U.S. market, effective January 1, 2008. The LOWA hiking and Tecnica ski brands are both owned by The Tecnica Group, based in Giavera, Italy.
The division encompasses
Sport Chalet Q4 Impacted by Winter Slow Down…
Sport Chalet is still feeling the impact of one of the driest winters in California history on its winter sports sales, but the company introduced its spring product earlier than normal this year and was able to capitalize on the shifting seasons to a gre
DSW Offsets Q1 Comps Dip with Expense Controls…
DSW Inc. pointed to a lack of warm weather across the U.S. in the fiscal first quarter as a primary component in decline in comp sales for the period. Management said that unlike recent quarters, comps this time around varied widely by region, ranging fr
Golf Apparel Brands Acquires Sahara Sportswear…
Golf Apparel Brands Inc. has acquired Sahara Sportswear. The company's roster of golf brands already includes La Mode, Clark & Gregory, Fairway Blues, and The Golfer. GABI also supplies private label to better clubs and resorts…
Quiksilver Continues Struggle With Hardgoods…
Quiksilver, Inc. slipped into the red during their fiscal second quarter ended on April 30, due primarily to seasonal losses in the Rossignol business and declines in the Cleveland Golf business. Quiksilver’s core action sports brands remained strong thro
Kellwood First Quarter Gets American Recreation Boost…
Kellwood reported that net sales for the first quarter were $484.4 million, a 2% decline from the $493.8 million last year. The majority of the decrease was planned within the company’s women's sportswear segment and to a lesser extent within men
Kellwood’s Board Elects New Executive Team
Kellwood Company's Board of Directors elected new officers yesterday at the Company's June 7 board meeting. Five new officers were appointed, including a new CFO, a new chief strategy and marketing officer, and three new corporate VP's…
Vail Resorts Fiscal Q3 Earnings Climb
Vail Resorts, Inc. revenue increased $28.1 million, or 8.2%, in Q3 of fiscal 2007 to $369.5 million from $341.4 million for the comparable quarter last year. Income from operations for the quarter increased $12.9 million, or 10.5%, to $136.2 million. The
Football Legend Archie Griffin to Speak at The Athlete’s Foot’s Convention
Football Legend Archie Griffin is the keynote speaker for The Athlete's Foot Global Franchise Convention, being held at the Venetian Hotel in Las Vegas during the SGMA Spring Market. A former owner of numerous Athlete’s Foot franchises, Griffin is kn
Canadian Action Sports chain, West 49, Widens Losses
West 49 Inc., which operates action sports stores in Canada, reported first quarter sales increased 15.5% to $41 million (U.S. $39 million) from $35.5 million (U.S. $33 million). However, net losses expanded to $3.2 million (U.S. $3 million) from $1.8 mil
Pacific Sunwear Sees Energy at PacSun in May
Pacific Sunwear of California, Inc. reported that total sales for the four weeks of fiscal May ended June 2, 2007 were $97.7 million, an increase of 10.9% over total sales of $88.1 million during the same four week period ended June 3, 2006. Total Company
Nordstrom Same-Store Sales Increase 6.3%
Nordstrom, Inc. reported sales rose 6.1% for the four-week period ending June 2, to $637.8 million from $600.9 million. Same-store sales increased 6.3%…
Stein Mart Comps Climb 2.5% in May
Stein Mart, Inc. total sales for the month of May decreased 0.6% to $ 118.9 million compared to $ 119.6 million last year. Comparable store sales for the fiscal period ended June 2, 2007 increased 2.5%…
Target’s Comps Jump 5.8% in May
Target Corp reported that sales for the four weeks ended June 2 increased 10.1% to $4.33 billion from $3.93 billion a year ago. On this same basis, comparable-store sales increased 5.8 percent. In the 2006 May period, comps grew 5.7%…
