SGB Update Footwear

Puma AG Sees U.S. Weakness Cut into Gains in Other Regions in Q2…

Puma AG was able to overcome a tough anniversary in Europe in the second quarter as the company exceeded the strong numbers from a year ago driven in large part by the 2006 FIFA World Cup, but the company was not so fortunate in the U.S. market, which tum

Prince Swaps PE Investors

Four years after acquiring Prince, Inc. from the Benetton Group, the Prince management team has swapped out investment partners, replacing Lincolnshire Equity Fund II LP with Nautic Partners, LLC. Based in Providence, Rhode Island, Nautic Partners is a pr

Amer Sports Sees EMEA as Only Q2 Bright Spot…

Amer Sports relied on Electronics to pull through the second quarter, but softness in Winter Sports equipment as well in Golf and Team Sports more than offset those gains. Overall sales declined in the mid-singles, but the implementation of expense contr

Warnaco Takes a Hit from Weaker Swimwear Business…

Warnaco Inc. reported that its Swimwear division posted an 11.8% decline in revenues for the second quarter, tallying $111.8 million in sales versus $126.7 million in the year-ago period. Speedo brand sales were down 9.7% to $70.3 million for the period

The Athlete’s Foot Parent Posts Sequential Sales Gains

NexCen Brands, Inc. reported that total revenues for the second quarter sequentially increased to $8.9 million, compared to $3.9 million in the first quarter of 2007. The company reported a net loss of ($245,000) or a penny per diluted share for the quart

Head Q2 Winter Sports Gains Not Enough to Offset Racquet Softness

Head N.V. saw sales decrease 3.4% for the second quarter to €61.6 million ($83.1 mm). The company posted a net loss for the period of €6.5 million ($8.8 mm), growing 38.3% from a €4.7 million ($5.9 mm) loss in Q2 2006. Winter Sports revenues for the quart

TJX’s July Comps Rise 5%; Ups Q2 Outlook

The TJX Cos' sales for the four weeks ended August 4 were $1.3 billion, up 8% over the $1.2 billion achieved the prior year. Comparable store sales gained 5%…

Ross Stores Comps Inch Up 1%

Ross Stores, Inc. reported sales of $450 million for the four weeks ended August 4, a 9% increase over the $414 million in sales during the prior year. Comps gained 1%…

Franklin Sports Named Dir. of Sales, Midwest

Robert Pacanowski has been named Director of Sales, Midwest Region for Franklin Sports, Inc. reporting to VP of Sales –U.S., Joseph Murphy. An industry veteran of over 25 years, Pacanowski has been with Franklin for the past decade. He previously held th

Adams Golf Sales Climb 18%

Adams Golf reported net sales of $30.4 million for the second quarter ended June 30 compared to $25.7 million a year ago, a gain of 18%. Net income reached $2.5 million, or 10 cents a share, up from $1.8 million, or 8 cents, a year ago…

Iconix Brand Group Posts Strong Second Quarter Gains

Iconix Brand Group, Inc. second quarter licensing revenue increased 113% to approximately $39.1 million from $18.4 million in the second quarter of 2006. Net income for the second quarter was $14.8 million, jumping 78.3% from last year's $8.3 million

Callaway Golf Sees Fusion Drivers Give Second Quarter More Loft…

Callaway Golf Company saw its margin initiatives continue to pay off in the second quarter as net income growth well outpaced sales growth. A mix shift that saw a larger percentage of sales occur in Woods than Irons also helped boost margins and the bott

Big 5 Q2 Net Income Falls on Macro Trends…

The big news for Big 5 in Q2 was an end to 45 consecutive quarters of positive quarterly comps results. Management noted the difficult macro-economic environment as a cause behind the sales decline with President and CEO Steve Miller saying they are “se

WSA Show Offers Little to Quell Market Concerns…

The mood at the recent WSA show was quite somber, with retailers and exhibitors alike feeling the chill of the malaise in the athletic shoe business. Foot Locker’s broad restructuring news, which broke just as the show was opening, definitely put a dampe