SGB Update Footwear
Founder David Whelan Sells JJB Stake
Dave Whelan, founder of JJB Sports PLC, has sold his family's entire 28.96 percent stake in the UK sports retailer and quit the board. The stake was sold to a joint venture formed by Icelandic financial group Exista and Chris Ronnie, who was previous
Warrior Sports Acquires MIA Sports
Warrior Sports acquired Made In America (MIA) Sports, a manufacturer of hockey gloves, sports bags, pant covers and accessories based in Montreal. MIA Sports has approximately 23 associates, including Stephane Paul, Sales Manager, and Chris Paul, Pro Serv
Kellwood’s Board Elects New Executive Team
Kellwood Company's Board of Directors elected new officers yesterday at the Company's June 7 board meeting. Five new officers were appointed, including a new CFO, a new chief strategy and marketing officer, and three new corporate VP's…
Vail Resorts Fiscal Q3 Earnings Climb
Vail Resorts, Inc. revenue increased $28.1 million, or 8.2%, in Q3 of fiscal 2007 to $369.5 million from $341.4 million for the comparable quarter last year. Income from operations for the quarter increased $12.9 million, or 10.5%, to $136.2 million. The
Football Legend Archie Griffin to Speak at The Athlete’s Foot’s Convention
Football Legend Archie Griffin is the keynote speaker for The Athlete's Foot Global Franchise Convention, being held at the Venetian Hotel in Las Vegas during the SGMA Spring Market. A former owner of numerous Athlete’s Foot franchises, Griffin is kn
Canadian Action Sports chain, West 49, Widens Losses
West 49 Inc., which operates action sports stores in Canada, reported first quarter sales increased 15.5% to $41 million (U.S. $39 million) from $35.5 million (U.S. $33 million). However, net losses expanded to $3.2 million (U.S. $3 million) from $1.8 mil
Target’s Comps Jump 5.8% in May
Target Corp reported that sales for the four weeks ended June 2 increased 10.1% to $4.33 billion from $3.93 billion a year ago. On this same basis, comparable-store sales increased 5.8 percent. In the 2006 May period, comps grew 5.7%…
Federated’s Comps Slide 3.3% in May
Macy’s, Inc. reported total sales during May decreased 2.3% to $1.98 billion from $2.024 billion a year ago. On a same-store basis, Macy’s, Inc. sales were down 3.3% in May…
Bon-Ton Posts 1.2% Comp Gain
The Bon-Ton Stores, Inc. announced total sales for the four weeks ended June 2 increased 1%, to $234.7 million from $232.3 million for the prior year period. Bon-Ton and Carson’s combined comparable store sales for the four weeks increased 1.2%…
Crocs Picks Up U.K. Footwear Award
Crocs, Inc. has been selected as the 2007 Footwear Brand of the Year winner at the prestigious Drapers Footwear Awards in the United Kingdom. The Drapers Footwear Awards celebrates the best in footwear retailing in the United Kingdom and Republic of Irel
Golf Apparel Brands Acquires Sahara Sportswear
Golf Apparel Brands, Inc has acquired Sahara Sportswear. The company's roster already includes La Mode, Clark & Gregory, Fairway Blues, and The Golfer. GABI also is a private label supplier to better clubs and resorts and boasts a logo library of ove
Pacific Sunwear Sees Energy at PacSun in May
Pacific Sunwear of California, Inc. reported that total sales for the four weeks of fiscal May ended June 2, 2007 were $97.7 million, an increase of 10.9% over total sales of $88.1 million during the same four week period ended June 3, 2006. Total Company
Nordstrom Same-Store Sales Increase 6.3%
Nordstrom, Inc. reported sales rose 6.1% for the four-week period ending June 2, to $637.8 million from $600.9 million. Same-store sales increased 6.3%…
Stein Mart Comps Climb 2.5% in May
Stein Mart, Inc. total sales for the month of May decreased 0.6% to $ 118.9 million compared to $ 119.6 million last year. Comparable store sales for the fiscal period ended June 2, 2007 increased 2.5%…
American Skiing Company Sells Sunday River and Sugarloaf/USA
American Skiing Company entered into a definitive agreement to sell its Sunday River and Sugarloaf/USA resorts to Boyne USA, Inc. for $77.0 million in cash. Boyne will also assume $2.0 million in debt and other liabilities. The announced sale follows the
