SGB Update Footwear

Overton’s Changes Hands in Private Equity Deal

Audax Group has completed the sale of Overton's to Linsalata Capital Partners. Overton's was acquired by Audax Group in August 2003. After partnering with industry executive Mark Metcalfe to buy the business from its founder, Audax worked with m

Blacks Leisure Sales Up for Year; Comps Down…

Blacks Leisure Group plc saw total sales for the year ended February 28, 2006 increase by 1.1% to £297.2 million ($532.2 mm) from £294.0 million ($540.8 mm) last year. Same-store sales decreased by 3.3%.
Operating profit for the Group was up by 7% to £22

NSGA: Athletic Footwear Prices Up for Second Year in a Row…

According to the NSGA, athletic footwear prices are on the rise as average prices have grown for the past two years running after a slight decrease in 2003. In 2005, the average price of athletic and sports footwear rose 2.0% to $40.33 from $39.32 in 200

Coleman Thrives Under New Management…

Jarden Corporation reported a record first quarter of 2006, due in large part to success in their Outdoor Solutions segment, which is made up almost entirely of the Coleman brand. Outdoor Solutions sales for the quarter increased 24.7% to $228.1 million c

Camelbak Inks Sponsorship Deals with Two Freeriders

CamelBak Products, LLC has signed two sponsorship agreements with big mountain snowboarder, Jeremy Jones and freeride mountain bike athlete, Kirt Voreis. CamelBak will integrate Jones and Voreis into its 2006-2007 marketing programs in addition to leverag

Ashworth Appoints Two Knightspoint Group Member to Board

Ashworth, Inc. and The Knightspoint Group have reached an agreement relating to Ashworth's upcoming 2006 Annual Meeting of Stockholders. Under the terms of the Settlement Agreement, the Company has appointed two of Knightspoint's proposed candid

Gildan Fiscal Q2 Earnings Jump 40% on 11% Sales Increase

Gildan Activewear Inc. reported second quarter net earnings of $31.0 million and diluted E.P.S. of 51 cents, up respectively 40.3% and 37.8% from adjusted net earnings of $22.1 million and 37 cents per share in the second quarter of fiscal 2005. Sales in

Gottschalks April Comps Inch-Up 0.3%

Gottschalks Inc. same store sales for the month of April 2006 increased 0.3% from the prior year. Total sales for the month decreased 0.4% to $43.3 million from $43.4 million in April 2005…

Cosco April Comps Climb 7%

Costco Wholesale Corporation net sales were $4.39 billion for the month ended April 30, 2006, an increase of 11% from $3.94 billion in the same four-week period of the prior fiscal year. Comparable store sales increased 7% during the same period.

DSW Q1 Comps Increase 4.2%

DSW Inc. saw comparable store sales increase 4.2% for the first quarter compared to the same period last year. Net sales for the quarter increased 12.3% to $316.5 million from $281.8 million for the same period last year…

Kohl’s Comps Jump 13.4% in April

Kohl's Corporation posted a 21.1% sales increase for April this year over last to $1136.4 million. On a comparable store basis, sales increased 13.4%…

Payless Comps Inch Up 0.4% for April

Payless ShoeSource, Inc. posted a comparable store sales increase of 0.4% during the first quarter. Total sales for the first quarter were $694.8 million, a 0.1% decrease from $695.2 million during the first quarter of 2005…

Coleman Nearly Doubles Income on 25% Sales Increase

Jarden Corporation's first quarter ended March 31, 2006, net sales increased 52% to $792 million compared to $521 million for the same period in the previous year. Net income was $5.7 million, or 9 cents per diluted share, compared to a net loss of $

Nike Sponsors Iroquois Nationals Lacrosse

Nike has partnered with the Iroquois Nationals Lacrosse organization, an agreement that will expand Nike's lacrosse business by providing the Iroquois Nationals with footwear and apparel, including team uniforms, warm ups and casual sports apparel…

etnies Girl Launches ‘Girls Get on Board

etnies Girl has launched etnies Girls Get on Board (GGOB), a series of all-girls action sports instructional clinics. etnies Girl has partnered with CosmoGIRL! Magazine and Shark Energy Drink to produce the series, which will hit at least 11 locati