SGB Update Footwear
Merrell Launches First Retail Store in Huntington, NY
Merrell will open the doors of its first U.S. retail store in Huntington, New York on Saturday, December 10, 2005. The 1,100 sq. foot store, located about 40 miles outside New York City and in the heart of Huntington Village, will carry more than 350 sty
Nordstrom Comps Climb 2.8% in November
Nordstrom, Inc. reported preliminary sales of $706.5 million for the month of November, an increase of 5.8%compared to sales of $667.6 million for the same period in 2004. Same-store sales increased 2.8%…
JC Penney Posts 3.6% Camp Sales Gain for November
J. C. Penney Company, Inc. comparable department store sales increased 3.6% for the four weeks ended Nov. 26, 2005. Comparable store sales were at the upper end of previous guidance for a low-single digit increase, and come on top of a 12.2% increase in l
NHS Appoints Mob Grip and Ricta Team Manager
NHS announced the appointment of Satva Leung as the Mob Grip and Ricta team manager. Satva is an ex-professional skateboarder rode for companies like Toy Machine, Maple, Dynasty, and Judah, and continues to ride for Independent, Drop Bags, Ipath, and Anal
NOLS Joins with GoLite to Offer Ultralight Backpacking Courses
NOLS has teamed up with lightweight gear and skills leaders GoLite and Backpacking Light Magazine to offer ultralight backpacking courses to their adult students. These skills courses represent NOLS' first venture into ultralight backpacking, the mos
Kona Partners with BikeTown Africa
The Kona Bicycle Company has always designed bikes for specific riders' needs. Kona bicycles have been piloted to World Championship titles, National Championships titles and World Cup victories but, in partnering with Bicycling magazine’s BikeTown A
Lorpen Launches Lorpen North America
European Technical Sock manufacturer Industrias Savidai, S.L. (Lorpen), announced the launch of Lorpen North America Inc., its new North American company. By the end of first quarter 2006, Lorpen plans to have a new manufacturing facility operating in Pue
Euler Hermes: Business Failures Expected to Increase in 2006
The Global Index of Business Failures created by Euler Hermes credit insurance is expected to rise by 1% next year, following a slowdown in the reduction of business failures during 2005. The index suggests an increase in casualties during 2006 in the mai
Genesco Continues to Score Big in the Mall…
Genesco Inc. was able to overcome tough comparisons to a strong third quarter last year, and challenges from hurricanes and rising gas prices this year, to deliver a solid top-line effort in the quarter ended October 29. The company saw balanced sales gr
Famous Footwear Posts Solid Q3 Despite Weaker BTS Athletic Business…
Brown Shoe Company moved further into its strategy to strengthen its specialty retail and wholesale businesses in the third quarter, but the expenses attributed to the changes had less of an impact than they did in the second quarter. Excluding after-tax
Sport-Haley Narrows Fiscal Q1 Loss on Cost Cutting Measures…
Sport-Haley cut its net loss for the fiscal first quarter ended September 30 to only $426,000, or a loss of 16 cents per share, compared with a net loss of $1,276,000, or 52 cents per share last year. This improvement was achieved in spite of a considera
The Acquisition Environment Heats Up Again…
The pace of acquisitions in the Outdoor, SnowSports, and Action Sports industries appeared to have eased after two years of heavy activity, but just when the tempo seemed to have peaked, a flurry of new deals came through that surpassed what many thought
Timberland Increases Anti-Counterfeit Efforts
The Timberland Company unveiled several new components of its program to combat the distribution of imitation Timberland products. The program is designed to raise awareness about counterfeit goods and the importance of product authenticity, and also incl
Strong Third Quarter Comps Boost Genesco’s Bottom Line
Genesco Inc. earnings before discontinued operations were $16.2 million, or 62 cents per diluted share for the third quarter, compared to $12.4 million, or 49 cents per diluted share last year. Net sales at Journeys rose 11% to $153 million. Same store sa
K2 and Marmot Complete Apparel Consolidation in Santa Rosa, Calif.
All sales, marketing and product development operations of the K2 Snow apparel brand have fully transitioned from K2 Sports in Vashon, Wash., to operate under Marmot in Santa Rosa, Calif. K2 Inc., parent company of K2 Sports, acquired Marmot in 2004 to es
