SGB Update Footwear
LaCrosse Completes Sale of Former PVC Boot Factory
LaCrosse Footwear, Inc. announced the completion of the sale of its facility in Claremont, N.H. for $685,000 in cash. The net proceeds from the sale are expected to approximate the net book value of the property. The facility was the manufacturing and dis
Royal Robbins and Rossignol Ink Apparel Deal
Team Rossignol has selected Royal Robbins to wear when off the slopes at indoor ski clinics, awards events and public gatherings. Team Rossignol, the most visible Nordic team on the cross country circuit selected Royal Robbins apparel for its innovative
Isis Launches Goddess Scholarship Fund
Isis is establishing the Isis Goddess Scholarship Fund. The Isis Goddess Scholarship Fund offers one woman each year, the opportunity to take part in a transformational retreat free of charge at Mind Over Mountains of Ridgeway, Colorado. The Isis Goddess
Wolverine Declares Dividend, Additional Stock Repurchase, and Repatriation
The Directors of Wolverine World Wide, Inc. have declared a quarterly cash dividend of 6.5 cents per share of common stock. The Company also announced that its Board of Directors authorized the repurchase of an additional three million shares of common st
New Report Forcasts Slow British Apparel Market Through 2007
According to a new Research and Markets study, the UK clothing and footwear market was worth £44 Billion at retail selling prices in 2004. Whereas the 1980s and 1990s saw a decline in the proportion of disposable income spent on clothing, the market has g
Chain Stores See 6% increase in Early Season SnowSports Sales
Sales of SnowSports product for the August through October period of 2005 at chain stores were up 6% compared to last season. In dollars, that translates to $70.3 million in sales compared to $66.1 million for the same period last season. Unit sales wer
Bakers Footwear Narrows Q3 Loss on 21% Comp-Store Gain
Bakers Footwear Group, Inc. announced net sales increased 33.9% for the third quarter, to $43.2 million from $32.3 million in 2004. Comparable store sales increased 21.0% compared to a 7.6% decrease last year. Net loss was $1.05 million, or 2.4% of net sa
Acquisitions Help a ‘Very Different’ G-III in Q3…
G-III Apparel Group saw its acquisitions of Winlit and Marvin Richards add substantial help on top of its organic sales growth during the fiscal third quarter ended October 31. On a conference call with analysts, management referred to “a very different
Vail Resorts Sees Healthy Signs for Ski Season…
While Vail Resorts is creating some consumer excitement over the coming 2005-06 ski season, the company’s first fiscal quarter, which relies primarily on real estate sales, conferences, and summer activities, is seeing some considerable improvements to it
Winterstick Moves Down the Road
Winterstick has expanded its Freeport, Maine headquarters in a new location. The expansion marks a significant growth step for the company, now occupying a 5,000 square foot space that brings a distribution warehouse, factory store, and increased office s
Scott USA Plans to Enter XC Full-Suspension Market
Scott USA will develop a new XC full suspension design for 2007. The company has been blocked from selling it’s Genius full suspension mountain bike in the US, though it will continue to sell this award winning design in some 60 other countries around the
TSA Fined by NYC on Returns Policy…
The Sports Authority was one of three retailers fined by the New York City Department of Consumer Affairs on charges that the companies refused customer returns without disclosing conditions of their return policies. All three companies used return-track
Gildan Posts Strong Q4; Hints at Possible Sock Deal…
Gildan Activewear saw a strong fourth quarter help finish a strong 2005 that left the company with a decent chunk of cash on hand and several options to explore. Small one-time fees were about the only downside as management discussed growing market shar
American Recreation the Only Bright Spot for Kellwood…
Kellwood, parent company to American Recreation, continues to struggle with restructuring and creating a solid design infrastructure for many of its apparel brands. However, American Recreation, which includes Kelty, Sierra Designs, and Slumberjack, conti
OGIO Fights Against Bag Organizer Infringement
OGIO announced that it has issued more than a dozen cease-and-desist letters to golf retailers and bag manufacturers throughout the U.S., which the company feels are infringing on the its patented Woode organization technology…
