SGB Update Footwear
The Finish Line Expects Q3 Loss on Comp Declines…
The Finish Line, Inc. reported that total net sales increased 2.7% to $281.5 million for the third fiscal quarter ended November 25 from $274.0 million in the year-ago period, but comp store sales declines across the board at the company’s Finish Line nam
Quiksilver Sets Sights on Mexico with JV…
Quiksilver, Inc. planted a flag in the Mexican market last week as it announced a new joint venture it entered into with PBM International. The JV will focus on marketing, selling, and distributing “Quiksilver” and “Roxy” branded products in Mexico as we
On-Line Holiday Spending Season is Underway…
According to OIA, on-line retail sales growth in the outdoor industry is out-pacing brick & mortar sales growth by more than a two to one margin. With the holiday selling season ramping up, e-commerce outdoor retailers are seeing some fundamental shifts i
Umbro Warns on 2006 Sales…
While Umbro has continued to perform in line with management’s expectations internationally, sales in the U.K. market continue to be heavily promotional and challenging. As a result, the company issued an earnings warning stating that full-year results ar
Garmin to Acquire Dynastream in $36 million Deal…
Garmin is enhancing its position in the fitness and training industry by acquiring one of its key component suppliers, Dynastream for $36 million in cash. The Alberta-based company will continue to operate as a wholly-owned subsidiary of Garmin. Dynastrea
Garmin to Acquire Dynastream in $36 million Deal
Garmin is enhancing its position in the fitness and training industry by acquiring one of its key component suppliers, Dynastream for $36 million in cash. The Alberta, Canada-based company will continue to operate as a wholly-owned subsidiary of Garmin. D
U.S. Supreme Court Hears CO2 Regulation Case…
The U.S. Supreme Court heard oral arguments this week in the Massachusetts v. EPA suit. To many environmental groups and outdoor businesses that depend on snowfall, this is considered a landmark global warming case. Petitioners in this case are asking the
Kellwood Company Q3 Earnings Slip on Restructuring Charge
Kellwood Company net sales totaled $516.4 million, as compared to $520.0 million in the third quarter last year. Net earnings from continuing operations were $5.5 million, or 21 cents per diluted share, versus $7.9 million, or 29 cents per diluted share,
Kangol Sold to Sports World’s Mike Ashley
August Equity Trust plc reported in a release that the equity fund had “realised its investment” in the Kangol brand signifying its sale, while reports out of the UK name Mike Ashley, owner of Sports World, as the buyer. Rumors tag the final purchase pri
GSI Commerce Sees Alternative Payment Methods Boost Sales
GSI Commerce Inc. reported that for the period extending from Black Friday, Nov. 24 through Cyber Monday, Nov. 27, the alternative checkout and payment methods most recently added to the company's platform — Bill Me Later, Google Checkout and PayPal
Royal Robbins Names New Midwest Rep Agency
Royal Robbins hired the West Bay Trading Company of Ann Arbor, Michigan to cover the Midwest region…
Timberland Acquires Howies
The Timberland Company has acquired Howies Limited, an active sports brand founded on the idea of designing and manufacturing clothing for the inspired action sports and outdoor customer. Howies was created to serve as a voice and mechanism for communicat
J.C. Penney DS Sales Rise 3.3%; Comps Up 1.4%
J. C. Penney Company, Inc. saw comparable sales at its department stores increase 1.4% in November on top of last year's 3.6% improvement. Total department store sales increased 3.3% for the month to $1.62 billion from $15.7 billion last year…
Federated’s November Slowed by Store Closings
Federated Department Stores, Inc. posted an 8.9% decrease in total sales for the month of November to $2.385 billion from $2.617 billion in the same period last year. Total sales declined from November 2005 to November 2006, impacted by the closing of 78
BJ’s November Comps Increase 0.6%
BJ's Wholesale Club, Inc. sales for November 2006 increased by 4.9% to $652.5 million from $621.8 million in November 2005. Comparable club sales increased by 0.6% for the month, including a negative impact from gasoline sales of 1.3%. Excluding the
