SGB Update Footwear
OIA Supports New NPS Budget Proposal…
While much of the newly elected democratic Congress was calling President Bush’s new budget proposal, “dead on arrival,” Outdoor Industry Association expressed strong support for the increased funding for National Parks. The Administration’s proposed budg
Gander Pulls Realistic Airsoft Guns off Shelves…
Gander Mountain Company is pulling realistic replica guns from its stores in Minnesota and will sell only airsoft guns that are obviously and unmistakably toys. Gander Mountain will phase out realistic replica guns, in favor of guns that are more obviousl
VF Corp. Organic Growth Continues in Q4; Misses Guidance on Write-Downs…
VF Corporation reported solid organic sales growth during the fourth quarter, but write-downs relating to the company’s Jeanswear business and the recently announced sale of their Intimates business caused net income and diluted EPS to miss guidance issue
Timberland Restructures for the Future…
In conjunction with reporting its financial performance for the fourth quarter and the year, Timberland announced the departure of the company’s COO, Ken Pucker, who had been with the company for 15 years. Beginning in the second quarter, Timberland will
Timberland Fourth Quarter Impacted by Slower Boot Business…
Timberland continues to struggle with its urban boot business, but improvements and strong growth in several of its other categories are offsetting the majority of the revenue declines. Overall TBL revenue growth improved during the fourth quarter, suppor
Quiksilver Cuts Guidance But K2, Inc. Raises Their Outlook…
Quiksilver, Inc. has adopted a more cautious outlook for the remainder of this year and next year's early season due to the unseasonably warm winter and poor snow conditions in the U.S. and in Europe. ZQK now expects first quarter fiscal 2007 revenue
Nautilus Acquires Manufacturer; Posts Record Q4…
Nautilus, Inc. finished the 2006 fiscal year with a step towards verticality as it announced plans to acquire one of its major manufacturing partners, Xiamen, China-based Land America Health and Fitness Co., Ltd. Consideration for the acquisition is appr
Asics Sees Bottom Line Outpace Q3 Sales Gains…
For the third quarter, Asics Corp. saw net sales increase 17.6% to ¥46.8 billion ($397.4 million) from ¥39.8 million ($339.8 million) last year. Gross margin for the company decreased 80 basis points to 45.1% of net sales from 45.9% during the same period
WSA Attendance Increases in 2007
On the heels of the close of The WSA Show and The Collections at WSA, the company announced participation rose 8% from 34,515 to 37,279. Exhibit space increased 3% from 1,080,500 net square feet to 1,112,000 square feet. The show attracted more than 85%
Eddie Bauer Shareholders Reject Private Equity Bid
Eddie Bauer Holdings, Inc. announced that, at a special meeting of stockholders, an insufficient number of shares were voted in favor of approving the Company's proposed sale to Eddie B Holding Corp., a company owned by affiliates of Sun Capital Part
Raynor Inducted Into Running USA Hall of Champions
Tom Raynor, chairman and CEO of Fleet Feet, Incorporated, was inducted into the Running USA Hall of Champions at their annual awards dinner in San Diego on Tuesday evening. Raynor was recognized for his leadership, innovation and outstanding contributions
Converse Ends Council of Presidents Lawsuit with License
Converse and representatives from the Council of Presidents, which comprises the leadership of nine historic African-American Fraternities and Sororities, ended a trademark infringement suit filed by the Council in 2003 by entering a into a licensing agre
Retail Ventures Reports 2.8% January Comps Slump
Retail Ventures, Inc. reported sales for the fiscal month of January increased 6.5% to $874.0 million from $820.5 million last year. The company's same store sales decreased 2.8% for the comparative thirteen week period…
Foot Locker Fourth Quarter Sales Slip 0.6%
Foot Locker, Inc. posted a 0.6% decrease in 13-week fourth quarter sales to $1,553 million from $1,564 million in the comparable period last year. For this same 13-week period, comparable store sales decreased 3.4%. For the 52-week period ended January 27
Costco January Comps Climb 2%
Costco Wholesale Corporation reported net sales of $5.57 billion for the month of January, the five weeks ended February 4, 2007, an increase of 7 percent from $5.21 billion in the same five-week period last year. Comps increased 2% for the month…
