SGB Update Footwear
Pony Names Kevin Wulff its CEO
Pony International LLC (Pony) announced the appointment of Kevin Wulff as its Chief Executive Officer…
Deckers Joins Soles4Souls Million Pair March
Deckers Outdoor Corporation is proud to support the Soles4Souls Million Pair March campaign by mobilizing the local community to collect a quarter of a million pairs (250,000) of new and used footwear. Collected shoes from the Million Pair March will be d
adidas Group Acquires Distribution Rights for Greece
The adidas Group has bought the distribution rights for the Reebok brand in Greece from RbK Hellas A.E.B.E. Effective January 1st, 2008, adidas Hellas S.A. will become the exclusive distributor of Reebok products in Greece. Financial details of the transa
Enyce Enters Juniors/Girls Footwear License
Enyce has reached an agreement in principle with Gina Group LLC to manufacture juniors and girls footwear and hosiery under the Enyce brand name.
Reebok Signs on as Sponsor of Peachtree
Reebok International has reached a multi-year agreement to serve as the official footwear and apparel sponsor of the world’s largest 10K, The Atlanta Journal-Constitution Peachtree Road Race…
Sport Chalet Announces Retirement of Norbert Olberz
Sport Chalet Inc. announced that Norbert Olberz, founder and chairman emeritus, has retired from the board of directors. Olberz founded the Los Angeles-based chain in 1959…
Nordstrom to Open Another Austin Store
Nordstrom, Inc. has signed a letter of intent with Endeavor Real Estate Group to open a Nordstrom store at The Domain, a mixed use community being developed in Austin, Texas. The new two-level, 149,000 square foot Nordstrom store is scheduled to be comple
Adams Golf Sees Q4 Sales Jump
Adams Golf reported net sales increased 35.1% to $13.1 million for the fourth quarter from $9.7 million in the comparable period last year. The company used the sales gains to switch last year's net loss of $1.0 million to a net income of $4.4 millio
Ashworth Sees Domestic Woes Plague Q1 Results…
Growth overseas was not enough to offset decreases in the U.S. for Ashworth during the company’s fiscal first quarter. The overall sales decline, paired with increased expenses as well as decreased gross margins related to the “underutilization of the Emb
Famous Footwear Profits Soar 49.2% in Q4.
Brown Shoe Co. reported fourth-quarter operating profit at the Famous Footwear chain jumped 49.2% to $22.5 million. Revenues grew 13% to $320.9 million on a 2.9% comp gain. Famous Footwear’s bottom line was helped by an increase in regular-priced sales a
Fleet Feet Boasts 17.5% Comp Gain in 2006
Fleet Feet recorded 19.9% growth in sales in 2006 surpassing $63 million in revenue compared to $52 million in 2005. Comp-store sales were up 17.5% on top of the 16.1% increase posted in 2005. The franchisor expects to add 7 more franchisees this year…
K2, Inc. Grabs Snow Sports Market Share in Fourth Quarter…
K2 Inc. appears to be the only publicly reporting snow sports company to see any up-side in the 2006-07 winter season. The company reported solid top-line and bottom line growth during the fourth quarter with these results primarily driven by winter sport
Payless to Acquire Collective
Payless ShoeSource inked a deal to acquire Collective International, a licensing platform that manages the Airwalk, Vision Street Wear, Lamar, Sims, LTD, genetic, Dukes, Rage, Ultra-Wheels and Skate Attack brands. When the deal closes, Collective will bec
K2 Grabs Snow Sports Market Share in Q4…
K2 Inc. appears to be the only publicly reporting Snow Sports company to see any up-side in the 2006-07 winter season. The company reported solid top-line and bottom line growth during the fourth quarter with these results primarily driven by winter sport
Vail Second Quarter Earnings Climb
Vail Resorts, Inc.'s mountain segment reported a 10.5% increase in fiscal second quarter revenues to $272.0 million from $246.2 million for the comparable quarter last fiscal year. Mountain expense increased $9.2 million, or 6.1%, to $159.9 million.
