SGB Update Footwear
Iconix Brand Group Acquires Rocawear.
In its biggest acquisition yet, Iconix Brand Group reached an agreement to buy Rocawear for $204 million. Another $35 million may be included in the purchase price based upon the brand passing certain pre-determined performance thresholds over the next 3
Rocky Brands Sinks into the Red in Q4…
Hurt by a slowdown in its western boot business, Rocky Brands Inc. reported a loss of $100,000 against a profit of $2.6 million, or 46 cents per share, a year ago. Revenues fell 5.7% to $70.6 million from $74.9 million…
G-III Apparel Group Prices Secondary Offering
G-III Apparel Group, Ltd., an outerwear and sportswear manufacturer, priced an offering of 4,500,000 shares of its common stock at a price to the public of $20 per share. Of these shares, 1,621,000 shares will be sold by the company and 2,879,000 shares w
Golf Town Sees 15% Annual Sales Increase
Golf Town saw 2006 sales increase 14.8% to CA$220.1 million ($194.1 mm) from CA$191.7 million ($158.4 mm) last year. The increase was due to the addition of three new stores in 2005 and four new stores in 2006 for a total of 28 as at December 31, 2006 as
Umbro’s U.S. Business Disappoints
Umbro said its U.S. business has underperformed significantly in 2006 due to weakness at Foot Locker. Overall, sales in the U.S. were down 63.1%…
LL Bean Tops $1.5 Billion in Fiscal 2006
L.L.Bean reported record annual net sales of $1.54 billion for the 2006 fiscal year ending February 25, 2007, a 4.6% increase over 2005. E-commerce grew almost 10% and emerged as the company's dominant sales channel for the year. The company also an
The Buckle February Comps Climb 4.5%
The Buckle, Inc. net sales for the four-week fiscal month ended March 3, 2007 increased 10.4% to $37.7 million from net sales of $34.1 million for the prior year four-week fiscal month ended February 25, 2006. Comparable store net sales, for stores open a
Snow Sports Drag Quiksilver’s Fiscal Q1 Profits Down
Quiksilver, Inc. net revenues for the first quarter of fiscal 2007 increased 2% to $552.5 million from $541.1 million in the first quarter of fiscal 2006. Consolidated net income for the first quarter of fiscal 2007 amounted to $2.5 million compared to $1
Gottschalks February Comps Down 3.6%
Gottschalks Inc. saw February comparable store sales decrease 3.6% compared to the prior year. Total sales for the month decreased 3.8% to $42.6 million from $44.3 million in February 2006. The company operated three fewer stores than in the comparable pe
Big 5 Q4 Earnings Climb on 4.2% Comp Increase
Big 5 Sporting Goods Corporation fiscal 2006 fourth quarter, net sales increased 7.1%, to $234.5 million from net sales of $218.9 million for fiscal 2005. Same store sales increased 4.2% for the fourth quarter, representing the Company's 44th consecu
Nordstron Februalry Comps Increase 9.1%
Nordstrom, Inc. reported preliminary sales of $546.6 million for the four-week month ending March 3, 2007, an increase of 9.5% compared to sales of $499.1 million for the four-week period ending February 25, 2006. Same-store sales increased 9.1%…
Zeal to Open Boulder Office
Zeal Optics wil establish a Boulder CO area sales office. The new sales office and showroom is the first step of a multi-year growth plan to support Zeal’s expanding sales and network of sport retailers in the US and Internationally…
Gottchalks reports 3.6% February Comp Decline
Gottschalks Inc. announced that same store sales for the month of February 2007 decreased 3.6% compared to the prior year. Total sales for the month decreased 3.8% to $42.6 million from $44.3 million in February 2006. The company operated three fewer stor
Suunto Names VP and Business Director
Amer Winter & Outdoor Americas has named Matt Kaplan as vice president and business director of Suunto North America. Stepping up from his current position as National Sales Director for Suunto North America, Kaplan brings 12 years of outdoor and action s
J. C. Penney DS Comps Slip 0.2% in February
J. C. Penney Company, Inc. department store sales increased 1.6% for the four weeks ended March 3, 2007. Comparable department store sales decreased 0.2%, compared with most recent guidance for sales to be down low-single digits. Comparable department sto
