SGB Update Footwear
Target May Comps Jump 5.7%
Target Corporation's net retail sales for the four weeks ended May 27, 2006 increased 12.3%to $3.929 billion from $3.500 billion for the four-week period ended May 28, 2005. On this same basis, comparable-store sales increased 5.7% from fiscal May 20
Saks May Comps Climb 1.1%
Saks Incorporated for the month ended May 27, 2006, total Company comparable store sales increased 1.1% and total sales decreased 44.9%. By segment, comparable store sales increased 2.2% for SDSG and increased 0.8% for SFAE for the month…
Gander’s Loss Widens on Double-Digit Comp Decline
Gander Mountain Company first quarter sales increased 15% to $155.6 million compared to the first quarter of fiscal 2005. Comparable store sales decreased 10.4%. The company reported a loss for the first quarter of fiscal 2006 of $23.0 million for both pr
PHIT Legislation Could Provide Fitness Incentives
The SGMA sees great opportunity in a bill introduced by Congressman Jerry Weller (R-IL). Personal Health Investment Today (HR 5479) – known as PHIT – provides financial incentives for Americans to play sports, workout, and be physically active…
Cabela’s Refinance of Bonds Nets $53 million
Cabela's Incorporated refinanced a portion of its economic development bonds related to the company's Wheeling, West Virginia location. As a result, the company has received roughly $53 million dollars from the retirement of certain of those bon
National Trails Day Events to Maintain 2,000 Miles of Trail
Make room in your backpack for a pair of work gloves and a shovel. On Saturday, June 3 volunteers around the country will be spending the 14th annual National Trails Day cleaning-up and beautifying our nation’s trails and public lands. Close to half of t
NSGA Board Elects New Directors
The National Sporting Goods Association (NSGA) Board of Directors has elected officers to two-year terms that commence on June 1, 2006. Bruce Ullery, President & CEO of MC Sports was elected Chairman; Curt Munson, President of Playmakers will represent me
Stride Rite Names Independent Director to Board
The Stride Rite Corporation has announced the appointment of Mark J. Cocozza to the Company's Board of Directors effective as of May 25, 2006 pursuant to an agreement with a group of investors led by Barington Capital Group, L.P. Mr. Cocozza current
Teva Mountain Games Partners with Yahoo!
Beginning with a special preview package on May 30, Yahoo! will provide daily highlights from the Teva Mountain Games, which run from May 31 to June 4. Team coverage by Yahoo! will include daily text dispatches, photos and video features, which will run
Rocky Shoes and Boots Now Known as Rocky Brands
Rocky Shoes & Boots, Inc. has officially changed its name from Rocky Shoes & Boots, Inc. to Rocky Brands, Inc. The name change was approved by the Company's shareholders at its annual meeting on May 16, 2006, and became effective upon the company
Perry Ellis Beats Wall St. Earnings Estimates; Revenues Down 5%
Perry Ellis International, Inc. first quarter total revenues were $214.0 million, a 5% decrease compared to $225.6 million reported during the comparable period last year. First quarter earnings were 59 cents per diluted share compared to 89 cents per dil
lucy Opens Two Chicago-Area Stores
lucy will open its third and fourth stores in Illinois over Memorial Day weekend. Set to debut on Friday, May 26 in Northbrook Court and Monday, May 29 in Oakbrook Center, each store creates a friendly, energized environment for lucy customers…
Sport-Haley Q3 Sales Up 5%; Shrinks Net Loss
Sport-Haley, Inc. net sales for the fiscal third quarter were $4.7 million, an increase of 5% from net sales of $4.5 millioni for the same quarter last year. Net sales of Ben Hogan apparel were $2.4 million for the quarter, an increase of 4% from net sale
Gap to Launch Direct Footwear Business
Gap Inc. plans to launch a new online footwear business through its e-commerce division, Gap Inc. Direct, featuring leading fashion brands for women, men and children. The new business is expected to go online in time for the 2006 holiday season with a br
Mossimo Q1 Revenues Fall 43.7% on Target Rebate
Mossimo, Inc. reported first quarter 2006 total net revenues of $4.9 million, down 43.7% from $8.7 million for the same period last year. The company reported a first quarter net loss of $1.17 million, which included a non-recurring charge of $6 million,
