SGB Update Footwear
Vecchione Promoted to President at Polartec; Spillane Hired as President of Converse
Polartec, LLC promoted COO Andrew Vecchione to president, assuming leadership from Michael Spillane. Spillane, who has led the Polartec business since July of 2004, has achieved the goal of stabilizing and re-positioning the company as a global, technolog
Saks April Comps Increase 11.7%
Retailer Saks Incorporated announced that owned sales totaled $281.3 million for the four weeks ended May 5, 2007 compared to $248.7 million for the four weeks ended April 29, 2006, a 13.1% increase. Comparable store sales increased 11.7% for the four-wee
Stage Stores Comps Fall 14.8% in April
Stage Stores, Inc. total sales for the four-week April period beginning April 8, 2007 and ending May 5, 2007 decreased 13.8% to $102.6 million from $119.0 million in the prior year four-week period beginning April 2, 2006 and ending April 29, 2006. Compar
Centerstone Adds Ogio to iVendix Client List
CenterStone Technologies, Inc. reported that Ogio, of Bluffdale, Utah, is the newest client to select the company’s iVendix software application. iVendix will provide Ogio with a business-to-business (B2B) online ordering solution for more than 2,000 of t
Adams Golf Sees Q1 Sales Jump 25%
Adams Golf posted record net sales for the first quarter of $27.8 million, improving 25% over $22.3 million in the year-ago quarter. The company’s $27.8 million in net sales for the first quarter represents its largest first quarter net sales figure since
Everlast Signs Boxing Equipment License for Mexico
Everlast Worldwide Inc. has signed a new license with Difusion Deportiva, S.A DE C.V. to distribute boxing equipment in Mexico. Difusion, a longstanding Everlast licensee since 1986 for men's, women's and children's apparel and accessories,
Big Dog Q1 Net Loss Widens Despite 14% Sales Gain
Big Dog Holdings reported that consolidated net sales for the 2007 first quarter were $44.2 million, a 14% increase from $38.7 million in the first quarter 2006. The consolidated operating loss for the period was $5.9 million, compared to $4.8 million for
Puma AG Sees Growth Moderating as U.S. Sales Decline
Puma AG reported that first quarter consolidated sales grew 7.4% currency neutral (2.0% in Euro terms) to €655.8 million ($859 mm) from €642.8 million ($773 mm) in Q1 2006.Net earnings grew 3.7% for the period to €96.6 million ($127 mm), compared to €93.1
Rocky Brands Sees Q1 Profits Decline on Lower Margins
Rocky Brands first quarter, 2007 net sales increased 7.2% to $61.7 million versus net sales of $57.5 million in the first quarter of 2006. Net income was $800,000 versus net income of 900,000 and diluted earnings per share were 14 cents compared to dilute
Orange 21 Class Action Suit Settlement Reached
Orange 21 Inc. reported that the United States District Court for the Southern District of California issued an order approving the company's agreement to settle the consolidated securities class action that was pending in the Court against certain o
Cabela’s Slowed by Cooler Weather in Q1…
Cabela's Inc. said cooler than normal weather put the chill on sales gains during the first quarter. The outdoor retailer said it expects results to be above its long-term, mid-teens growth objectives for the remaining three quarters of the year, en
Big 5 Posts Strong Earnings Gains in Q1…
Big 5 Sporting Goods Corp shrugged off issues with less-than-favorable winter weather in the first quarter to start the year with fairly solid results. While the west coast retailer posted a same-store sales increase of just one percent for the period, t
Le Coq Sportif Owner Takes Back U.S. Distribution…
Le Coq Sportif, the French sport brand acquired by the Swiss investment fund Airesis in 2006, has re-acquired U.S. distribution from Itochu International. Tim McCool, a former adidas and Nike executive, has joined the Le Coq Sportif team to lead the North
Callaway Golf Working to Keep Up with Fusion Demand…
Though it is still early in the year, especially for the golf industry, Callaway Golf Company saw strong enough results and consumer demand to raise guidance for the rest of the year. The company saw sales gains come from all regions and from all product
Crocs Posts Stellar Quarter; Raises Outlook…
Crocs, Inc. continued to rock the market in the first quarter, posting another quarter of triple-digit growth on sustained growth of its core classic styles, expansion of its licensed product business, and rapid development of the international business.
