SGB Update Footwear
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
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.
Heely’s Rolls Through First Quarter in Public Eye…
Heely's, Inc. ended its first quarter as a public company at the same time as it ended its first fiscal year, all the while reporting triple-digit growth for sales and earnings for both periods. Sales grew both within the U.S. and without, with domes
Iconix Closes Danskin Acquisition
Iconix Brand Group, Inc. has completed the acquisition of the brand Danskin. The purchase price for the transaction was $70 million with a contingent payment of an additional $15 million, to be payable in cash or stock, based on the brand exceeding certai
Franklin Sports Underwrites SGMA Show Fees
Access to SGMA Spring Market is extended free of charge to all attendees registering through March 31, thanks to Franklin Sports, which is underwriting this month’s attendee registration fees – a savings of $50 per attendee…
adidas Group Passes €10 Billion Mark for 2006; Reebok Drag Persists…
At this time last year, management at adidas Group were busy working on the integration of a recently-acquired Reebok business, contending with a sharp decline in order backlog, a projected sales decline, lower margins, and lower operating margins for the
NBA Sees Record All-Star Sales
The NBA said that on-site retail merchandise sales during All-Star 2007 in Las Vegas increased by 54% versus the prior sales record set in Los Angeles in 2004…
Foot Locker Sees Reduced Promos Boost Profits…
Foot Locker Inc. management said they took their foot off the promotional pedal during much of the month of December in the U.S. and for most of the entire fourth quarter in Europe, a move that helped the world’s-largest-athletic-specialty-retailer post s
Finish Line Continues to See Weakness in Women’s in Fiscal Fourth Quarter…
The Finish Line, Inc. saw overall net sales increase 7.5% to $429.0 million for the fourteen week fourth quarter through February from $399.2 million for last year's thirteen week quarter. Excluding the fourteenth week this year (approximately $24.2
Genesco Sees Continued Strength at Journeys Formats; Urban Formats Hurt Q4…
Genesco Inc., which has seen its Journeys format at ground zero for three of the biggest trends over the last year, may be starting to see some issues with two of its other key formats. While Journeys has been riding the fashion athletic wave from the be
Life Fitness Inks iPod Deal
Life Fitness, a division of Brunswick Corporation, said it plans to offer seamless integration with Apple Inc.’s iPod players in several of its upcoming products…
Frozen February Slows Retail Comp Sales Growth
As blizzards and freezing temperatures swept across much of the country in February, consumers were left sitting at home waiting for the spring thaw to finally arrive. Retailers, meanwhile, were left waiting for those very consumers to return to the cash
Nau Open For Business
Nau Inc., an environmentally friendly outdoor apparel company from Portland, is finally open for business. After years of preparation and development, the outdoor company launched its e-commerce Web site last week, and announced plans to open four retail
Iconix Brand Group Acquires Rocawear.
In its biggest acquisition yet, Iconix Brand Group reached an agreement to buy Rocawear for $204 million. Another $35 million may be included in the purchase price based upon the brand passing certain pre-determined performance thresholds over the next 3
