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,
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
Dick’s Sporting Goods Partners with Lacrosse Champions
Dick's Sporting Goods has become a sponsor for The Philadelphia Barrage, the 2006 Major League Lacrosse Champions. At each Barrage home game, Dick's will provide coupons to fans giving $10 off a $50 purchase at local Dick's locations. Dick
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.
Iconix Acquisitions More Than Double Q1 Licensing Revenue…
Iconix Brand Group, Inc. saw Q1 licensing revenues more than double to $30.8 million from $13.3 million. EBITDA for the quarter increased to $23.3 million from $8.4 million; net income increased to $12.7 million, or 21 cents a share, from $7.4 million, or
Lotto Sees Growth in All Regions Fuel 2006 Sales Gain…
Lotto Sport Italia S.p.A. closed 2006 with revenues of €277 million ($348.0 mm), an 8% increase over 2005. The last year was one of change for the company following investments in the product R&D sector, in sales development and in acquisitions…
Skechers Wins Round One; Asics Still Sees Merit in Case…
Skechers USA, Inc. reported it won a “major victory” in a trademark lawsuit filed against itself by Asics Corporation and Asics America Corporation. The U.S. District Court for the Central District of California denied Asics' motion for a preliminary
