SGB Update Footwear
Dillard’s Cites Easter Shift for March Same-Store Sales Gain
Dillard's, Inc. reported that total March sales increased 7.6% to $679.6 million for the five weeks ended April 7, compared to sales of $631.9 million for the five weeks ended April 1, 2006. Sales in comparable stores increased 6% for the period. DD
Keen Expands Hybrid.Give into Japan
In January 2007, KEEN announced their new Hybrid.Give campaign to highlight the KEEN Foundation and its expanded global efforts. As part of the campaign, KEEN is working closely with their international distributors as they seek out grassroots non-profit
TJX Co.’s March Comps Increase 6%
The TJX Companies, Inc. sales for the month of March were $1.7 billion, up 11% over the $1.5 billion achieved during the same period last year. For the nine weeks ended April 7, 2007, sales reached $2.9 billion, a 9% increase over last year's $2.6 bi
Neiman Marcus Comps Climb 10.3% in March
Neiman Marcus reported comps for the five-week March period, in the Specialty Retail Stores segment, which includes Neiman Marcus stores and Bergdorf Goodman, increased 10.3%. Total revenues for the month increased 12.7% to $423 million…
Gramicci Hires National and Global Sales Director
Gramicci apparel hired Matthew Kaseta as director of national and global sales. Kaseta, who has more than 20 years of sales and product management experience, has worked with internationally known brands including Bell Sports, Burton Snowboards, Reebok an
Phoenix Footwear Appoints New VP of Sales
Phoenix Footwear Group, Inc. has appointed Michael Crosno as VP of sales of the company's Trotters and SoftWalk divisions, effective immediately. Most recently, Crosno spent seven years as National Sales Manager at Munro & Company, Inc.'s Ameri
Bridger Penttila Named Body Glove Bags Sales Manager
Body Glove International, LLC has hired Bridger Penttila as its Body Glove Bags Sales Manager. She formerly worked for Mountainsmith…
Ralph Lauren Moves to Acquire Japanese Licensee
Polo Ralph Lauren Corporation has announced its intent to commence a tender offer to acquire the approximately 80% of the outstanding shares of Impact 21 Co., its Japanese sub-licensee for men's, women's and jeans apparel, and accessories, that
Limited Brands Promotes Burgdoerfer to CFO
Limited Brands, Inc. has announced the promotion of Stuart Burgdoerfer, currently EVP, Finance, to Chief Financial Officer, effective immediately. He will also join the company's Executive Committee. Mr. Burgdoerfer served in several roles of increa
Nautilus Issues Profit Warning
Nautilus Inc. said its first-quarter earnings would fall far short of previous expectations. The Vancouver-based exercise equipment maker now expects a first-quarter profit of 8 cents to 9 cents per share, less than half its previous guidance of 18 cents
American Apparel/Endeavor Merger Moves Ahead
Endeavor Acquisition Corp. said it had been advised by American Apparel that the company will post at least $30 million pro-forma EBITDA for the fiscal year ending December 31, 2006. Under the terms of the merger agreement, American Apparel was required t
Holiday Must-Haves Fuel Strong Q4 for Vendors…
Sporting goods manufacturers as a whole once again saw gains in both sales and net income over the year-ago period in the fourth quarter, with the top line increases again outpacing the bottom line. As the cost of materials, production, and distributing
Puma Shares Rise On PPR Takeover Rumors
Shares of Puma stock rose almost 10% last Thursday on market talk that French luxury-goods retail group PPR is in advanced talks with the sportswear manufacturer’s largest shareholder to buy its 30% stake and then make a bid for the rest. A deal would val
Royal Robbins Lifts Phoenix Footwear’s Fortunes…
Royal Robbins saw fourth-quarter sales jump 26.2% to $4.6 million from $3.7 million a year ago. However, Royal Robbins' success was overshadowed by the financial distress at the brand's parent, Phoenix Footwear Group Inc., which might lead to th
Nike and adidas Take Soccer Jersey Battle to Brazil
Reports out of Brazil have adidas making overtures to the Brazilian Football Confederation (CBF) to become sponsor. The CBF's current contract with rival Nike is set to expire in 2018 with adidas' bid reportedly far outpacing the current level s
