SGB Update Footwear
Blacks Leisure Sees Profit Jump in Outdoor Business…
Blacks Leisure Group reported total group sales for the company’s first half ended August 31, 2005 inched up 1.1% to £140.0 million ($257.3 mm) from £138.6 million ($252.2 mm) for the first half of 2004. The retail group raised its margins 390 basis poin
adidas Group Picks Up More Momentum in U.S. Market…
adidas shrugged off a number of questions about its planned acquisitions of rival Reebok International, instead focusing its attention last week on its continued positive trend in North America and a surging Asia/Pacific market. The company, which divest
Bike Sales Fall at Pacific Cycle in Spite of Gas Price Hike…
Dorel Industries reported that third quarter revenue in its Recreational/Leisure Segment decreased 33.7% to $70.8 million compared to last year's $106.8 million. Earnings from operations dropped 57.4% to $6.3 million compared to $14.7 million last ye
American Skiing Co. Fiscal Year Net Loss Widens Despite Strong Season…
American Skiing Company’s 2005 fiscal year revenue fell 2.7% to $276.5 million, compared with $284.1 million in fiscal 2004, primarily due to shortfalls in real estate sales. Resort revenue grew 6.6% to $267.3 million versus $250.7 million for fiscal 2004
The Sportsman’s Guide Sees Margin Improvements Help the Bottom Line…
The Sportsman's Guide, Inc. anniversaried its acquisition of The Golf Warehouse in its most recent quarter, with total net sales of $61.5 million, compared to $57.0 million for last year's third quarter. The nearly 8% increase in consolidated ne
Acushnet Expects Dip in Q4; Full Year Still on Track…
The Acushnet Golf division of Fortune Brands, Inc. reported a 3.3% increase in third quarter sales to $278.4 million from $269.6 million in the year-ago quarter. Operating income for the division, which includes the Titleist, Footjoy, Pinnacle, and Cobra
Nordic Walking Expansion Efforts Slow Exel’s Profits…
The Exel Group’s Sport division saw net sales declined slightly due to increased competition in the Nordic walking market in Europe, while profits took a hit from their investment in expanding the category into China, Japan, and North America. Third quart
Feehan Replaced as Confluence CEO
Confluence Holdings issued a statement last week regarding changes to the company's executive team. Effective Thursday, November 3, 2005, Robert Sharp, Chairman of the Board of Confluence Holdings Corp., has assumed operational responsibilities of Co
Intrawest Sees Fiscal First Quarter Return to Profitability
Intrawest Corporation, for the first quarter of 2006, reported total revenue of $301.8 million, an increase of 47%. Net income increased significantly to $9.2 million, resulting in diluted earnings per share of $0.19. Total Company EBITDA more than triple
Sears Names EVP Apparel Design
Sears Holdings Corporation named Lisa Schultz as executive vice president, Sears Holdings Apparel Design, a new position. In this new role, Schultz will have responsibility over all of Sears' and Kmart's apparel design teams. She will report to
Foot Locker, Inc. Sees Positive Trend in Europe…
Foot Locker, Inc. looked to a fresh management team in Europe to deliver some light at the end of the tunnel in the third quarter in a region that is keeping both retailers and vendors up at night. The team, led by former Lady Foot, And 1, and Footaction
Delta Apparel Gets Fiscal Q1 Boost from Junkfood
Delta Apparel, Inc. reported net sales rose 11.6% to $60.6 million for the fiscal first quarter ended October 1, compared to $54.3 million in the prior year's first quarter. The increase was driven by the inclusion of Junkfood Clothing, which was ac
Retail Ventures Comps Climb 6.7% in October
Retail Ventures, Inc. total sales for the four weeks ended October 29, 2005, increased 12.4% to $260.6 million from $231.8 million for the four weeks ended October 30, 2004. The company's same store sales increased 6.7% for the four week period…
Federated Sees October Comps Slip 0.7%
Federated Department Stores, Inc. reported comparable-store sales for the month of October slipped 0.7%. Total sales inlcuding the recently acquired May Company stores were $2.138 billion, an increase of 92.9% compared to total sales of $1.108 billion in
Citi Trends Sees October Comps Jump 37%
Citi Trends, Inc. reported total net sales for the four-week period ended October 29, 2005 increased 64.9% to $22.7 million compared with $13.8 million for the four-week period ended October 30, 2004. Comparable store sales increased 37.0% for the month c
