SGB Update Footwear
Active Interest Media Acquires Backpacker
Active Interest Media, Inc. (AIM) has acquired Backpacker Magazine, AIM President and Chief Executive Officer Efrem “Skip” Zimbalist III announced today. The new acquisition adds to AIM's growing portfolio of enthusiast magazines, consumer shows, boo
IMG Acquires Licensing Partners International…
One week after completing its acquisition of Collegiate Licensing Company, IMG acquired CLC sister company, Licensing Partners International.
Sport Chalet Opens New CA and AZ Stores
Sport Chalet, Inc. will open two new locations this week, one in Phoenix, AZ and one in Bakersfield, CA. The CA store will be a 42,000 sq. ft. store location at 5200 Stockdale Highway, Bakersfield, CA 93309. The Phoenix store will be a 41,000 sq. ft. loca
Crocs Inks Licensing Deal with Marvel Comics
Crocs, Inc. entered into a licensing agreement with Marvel Entertainment, Inc. to produce Crocs footwear and Jibbitz charms featuring characters ripped from the pages of Marvel's comic books including Captain America, The Fantastic Four, The Incredib
The Golf Warehouse Reports Skyrocketing Corporate Sales
The Golf Warehouse reports that it has achieved “more than 250% growth the past 12 months in sales of logo golf products in the corporate and tournament markets.” The retailer attributed much of the increase to small to large ompanies – including Accentur
Grassroots Outdoor Alliance Launches New Web Presence
The Grassroots Outdoor Alliance unveiled its new 'dual' web portal. The new web presence includes the Alliance's blog and a website portal. The Alliance chose to have a dual web presence to encourage daily interaction…
PPR Officially Issues Takeover Bid for All Puma Shares
PPR, through its subsidiary SAPARDIS, officially published the offer document for the friendly voluntary takeover offer to the outside shareholders of PUMA AG. SAPARDIS is offering €330.00 ($432.30) in cash for each PUMA share. The offer price values PUMA
adidas Group Q1 Net Down; Sales Growth Slows…
adidas Group saw decent top-line growth in the first quarter, boosted by gains at the adidas brand and an additional month of reporting for the Reebok business. However, the bottom line was hurt by higher operating expenses, a slightly higher tax rate, an
Heelys Posts Strong Q1; Outlook Fuels Concerns…
While Heelys, Inc. reported another triple-digit increase in sales and earnings for the first quarter, with earnings growth easily outpacing the revenue jump, a shift in the order book going forward and a proposed share sell-off by existing shareholders m
Square-Headed Scarcity Hampers Golfsmith’s Q1…
Golfsmith posted a mid-singles increase in net sales for the first quarter, thanks to the addition of 13 stores that are not included in the comp base. Comparable store sales actually declined 9.3% for the quarter. According to the company, “comparable s
Puma AG Outlook Takes Hit from Major Account, World Cup Comparisons…
Puma AG has run into a snag in its plans to reach $4 billion in sales by the end of its Phase IV initiative, but the company apparently sees the current situation as more of a bump along the road than a shift in direction for the brand. The company is ta
April Results Put a Final Hurt on a Tough Retail First Quarter for Many…
The combination of unpredictable weather patterns with a shift of Easter into fiscal March proved too much for many retailers in April as only the Luxe and Club channels managed to see much improvement over the year-ago month…
Coll Pacific Fiscal Q3 Driven by Organic Growth…
Collegiate Pacific Inc. reported third quarter sales grew 6.4% to $63.2 million, primarily attributable to a 17% organic growth rate generated by its road sales force and end-of-season basketball uniform deliveries, as well as solid uniform demand from sp
Adams Golf Sees Hybrids and Drivers Set Q1 Pace…
Adams Golf rode the strength of its Hybrid irons in the first quarter as it posted double-digit sales gains which trickled down the income statement to a low-teens gain on the bottom line as well…
Warnaco Swimwear Sees Fairly Flat Q1 Sales…
Warnaco, Inc. reported that its Swimwear Group posted a 1.8% improvement in revenues to $136.8 million from $134.4 million in the year-ago period.