SGB Update Outdoor
Nordstom Ups Guidance on Strong First Quarter
Nordstrom, Inc. reported net earnings of $156.8 million, or 60 cents per diluted share, for the first fiscal quarter ended May 5, compared to $131.2 million, and 48 cents per diluted share, in the year-ago quarter. Total sales in the first quarter increa
Pacific Cycle Should See Strong 2007
Dorel recently issued a statement regarding their upbeat outlook for the 2007 fiscal year. In the Recreational/Leisure division, after two years of limited growth at Pacific Cycle, 2007 is shaping up as a much better year, according to management…
Genesco to Shutter 57 Urban Doors; Lowers Q1 Guidance
Genesco Inc. plans to close or convert up to 57 underperforming stores, primarily in the Underground Station Group, but also including up to 8 urban stores in the Hat World Group. In addition, Genesco lowered its earnings outlook for the quarter to a rang
SmartWool Advocacy Program to Donate Over $90,000
SmartWool Corporation's latest round of grant recipients from the SmartWool Advocacy Program includes the SmartWool Advocacy Fund and the SmartWool Breast Cancer Fund. This round of grants will see over $90,000 in financial and product support distr
Collective Signs License for Airwalk Apparel
Collective International, LP has granted a license to New York-based Fashion Options for Airwalk branded apparel and accessories in the United States. The initial product offering will hit shelves as early as Fall 2007. To support the Airwalk apparel coll
Fila Taps Fendell for VP of Sales Role
Fila USA named athletic footwear and apparel industry veteran Bruce Fendell as its new VP of sales. Fendell, 51, joins Fila USA after spending the past four years as SVP sales for the On-Field division of Reebok International. Prior to his time at Reebok,
Bag Boy Co. Names New Product Managers
The Bag Boy Company named Jennifer Allison as product manager for Bags/Travel Covers, and Mike Gann as product manager for the Cart Division…
Kohl’s Ups Annual Outlook on Strong Q1 Results
Kohl’s Corporation reported a 24.9% increase in net income for the fiscal first quarter ended May 5, 2007. Net income was $209.0 million, or 64 cents per diluted share, compared with $167.2 million or 48 cents per diluted share, in the year-ago period. Ne
JC Penney Exceeds Wall Street Expectations in First Quarter
J. C. Penney Company, Inc. reported total net sales increased 3.1% to $4.35 billion for the first fiscal quarter ended May 5, compared to $4.22 billion in the year-ago period. Operating income improved 60 basis points to 9.6% of sales, driven by improveme
Steve Madden, Ltd. Acquires E-Commerce Provider; Names New President
Steven Madden, Ltd. has acquired Compo Enhancements, Steven Madden, Ltd.'s outsourced e-commerce solutions provider, and appointed its founder and CEO, Jeffrey Silverman as president of Steven Madden, Ltd. Mr. Silverman will report directly to Jamies
Sugoi to Sponsor Five Marathons
Sugoi announced a three-year partnership with Elite Racing to be a corporate sponsor and the official technical apparel sponsor for five annual Elite national marathons and half-marathons. Beginning with the Country Music Marathon & ½ Marathon in April, 2
Crocs Inks Licensing Deal with Marvel Comics
Crocs, Inc. entered into a licensing agreement with Marvel Entertainment, Inc. to produce Crocs footwear and Jibbitz charms featuring characters ripped from the pages of Marvel's comic books including Captain America, The Fantastic Four, The Incredib
Sports Licensing Summit to Feature NHL’s Bettman as Keynote Speaker
National Hockey League Commissioner Gary Bettman will present the keynote address at the Second Annual Sports Licensing Summit to be held at the Grand Hyatt in New York City on June 18. In addition to Mr. Bettman, it was also announced that Sporting Goods
NSGA: Power Boating is Fastest Growing Sport
Among 16 sports and recreation activities with more than 20 million participants in 2006, power boating had the highest rate of growth, up 6.2% to 29.3 million power boaters, according to the new Sports Participation studies published annually by the Nati
Wilson Extends NCAA Championship Basketball Sponsorship
Extending a relationship that began in fall 2002, the NCAA will continue its partnership with Wilson Sporting Goods Co. as the Official Game Ball of all NCAA Men’s and Women’s Basketball Divisions I, II and III Championships. Under the agreement, Wilson w