SGB Update Footwear
Zumiez Investor Cashing Out through Secondary Offering…
Zumiez, Inc. announced last week that one of its shareholders, Brentwood-Zumiez Investors, LLC, is offering more than 1.6 million shares of ZUMZ shares in a public offering, representing its entire stake in the action sports retailer. Piper Jaffray & Co.
Tum Yeto Ends Pig Wood ‘Pro’
Tum Yeto announces the closure of the Pig Wood “Pro” program. After three years of development the company has decided to end this division of the Pig Brand and focus its efforts on the long-time mainstays of Pig, which are premium wheels, bearings, bags
L.L.Bean to Open Two More Massachusetts Locations
L.L.Bean plans to open stores in Dedham and Mansfield, Massachusetts, in 2007 and 2008. Mansfield Crossing, the largest shopping center in central Massachusetts, was named as the location of one store slated to open fall 2007. Legacy Place, in Dedham, is
Perry Ellis Shuffles Swim Deck…
With barely enough time for the ink to dry on its licensing agreement for JAG swimwear, Perry Ellis International, Inc. has reorganized parts of it swimwear business, appointing Gail Rhodes as senior vice president of sales for women's swim. Rhodes
DSW Ups Full-Year Guidance on Strong Q1; May See Fashion Athletic Slowing…
DSW Inc. saw all regions of the U.S. provide positive comp store sales results for the fiscal first quarter ended April 29, with the West and Northeast showing the most growth for the family footwear retailer. DSW is getting contribution from a number of
NSGA Study Sees Full-Line Shops Outpace Specialty in Profitability…
According to the most recent NSGA Cost of Doing Business Survey, which is published every two years by the National Sporting Goods Association, Full-Line Sporting Goods appear to be making far more progress on the bottom line than their counterparts in th
Body Solid’s Endurance Treadmills on Recall
The U.S. Consumer Product Safety Commission, in
cooperation with Endurance, a division of Body Solid Inc., of Forest Park, Ill., announced a voluntary
recall of the Endurance Treadmills. The recall applies to about 700 of the treadmills, manufactured by J
Legacy Paddlesports Adds New Sales Rep
Legacy Paddlesports LLC has hired angling expert Jimbo Meador to its sales, marketing and R&D team. Meador, who has spent his lifetime living, breathing and working with fishing-related product and services, has been featured in nationally distributed an
TNF Promotes Three on RandD Team
The North Face announced changes to the Research & Design Department, resulting in cross category moves in Outerwear, Snowsports, Equipment and Sportswear. The North Face changes include the promotion of Neil Munro to Product Director, Outerwear; Matt Pag
Eddie Bauer Q1 Net Loss Triples on 12% Sales Decline
Eddie Bauer Holdings, Inc. first quarter revenues fell 12.3% to $194.5 million, compared to $221.9 million in 2005. The net loss for the first quarter was $35.6 million, compared to a net loss of $8.6 million in 2005. In addition, on May 25, 2006 Eddie Ba
The Buckle Sees Comps Slip 3.8% in May
The Buckle, Inc. net sales for the month ended May 27, 2006 increased 0.9% to $31.1 million from net sales of $30.8 million in the corresponding month ended May 28, 2005. Comparable-store net sales, for stores open at least one year, for the four-week per
DSW Inks Deal for Stein Mart’s Footwear Department
DSW Inc. will become the exclusive lessee for footwear in all Stein Mart stores at the beginning of 2007. The transition to DSW inventory in 102 Stein Mart shoe departments will take place in January 2007. Most of the affected stores are located in Alabam
Nordstrom May Comps Climb 7.8%
Nordstrom, Inc. reported preliminary sales of $600.8 million for the four-week period ending May 27, 2006, an increase of 10.1% compared to sales of $545.6 million for the four-week period ending May 28, 2005. Same-store sales increased 7.8%…
Stein Mart May Comps Climb 1.0%
Stein Mart, Inc. announced total sales for the month of May were $119.6 million, a 1.5% increase. Comparable store sales for the month ended May 27, 2006, increased 1.0%…
Gottschalks May Comps Increase 2.8%
Gottschalks Inc. same store sales for the month of May 2006 increased 2.8% from the prior year. Total sales for the month increased 3.3% to $48.9 million from $47.4 million in May 2005. On a year-to-date basis, same store sales increased 0.1% from the sam
