SGB Update Outdoor
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
Golf Town Sees 15% Annual Sales Increase
A strong fourth quarter led to a strong fiscal year for Canadian golf-specialty retailer Golf Town. For the fourth quarter, which ended December 31, 2006, net sales increased 16.4% to CA$37.7 million ($33.1 mm) from CA$32.4 million ($27.6 mm) on a 4.0% co
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…
Russell Corp. to Close Finishing Plant
Russell Corp. plans to close a plant in Alexander City, AL. More than 400 workers at the plant learned last week that they will be losing their jobs when the plant closes later in the year. Some of the 425 employees will be let go as early as March 12 and
New Era Cap Opens Southern California Office
New Era Cap Company said it opened a new office for its Acton Sports Business Unit – 9842 Research Drive in Irvine, California. The company, based in Buffalo, said the move solidifies New Era's presence in the action sports industry and further comm
Golf Galaxy Launches Golf Education Website
Golf Galaxy, Inc. launched www.RalphMaltby.com, a new web site designed to help golfers improve their game through education and information on the technical aspects of design, technology, and equipment…
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
Zumiez March Comps Up 12%
Zumiez Inc. saw total net sales for the month of March increase 43.9% to $20.7 million, compared to $14.4 million for the four-week period ended February 25, 2006…
L.L. Bean Tops $1.5 Billion; Will Continue Expansion Plans.
L.L. Bean reported net sales of $1.54 billion for its 2006 fiscal year ended February 27, a 4.6% increase over 2005 net sales of $1.47 billion…
Umbro’s U.S. Business Disappoints in 2006…
Umbro’s U.S. business has underperformed significantly in 2006 due to weakness at Foot Locker. The company said the U.S. performance “has not been in line with expectations, the shortfall resulting from reduced revenues from Foot Locker.” Overall, sales i
Sunglass Hut’s Turnaround Continues
Riding a new effort to reach more fashion-forward customers, Sunglass Hut just completed a two-year run of 32% comp gains in its North American stores, or about 16% a year…
G-III Apparel Group Prices Secondary Offering
G-III Apparel Group, Ltd., an outerwear and sportswear manufacturer, priced an offering of 4,500,000 shares of its common stock at a price to the public of $20 per share. Of these shares, 1,621,000 shares will be sold by the company and 2,879,000 shares w
Costco Comps Increase 5% in Q2
Costco Wholesale Corporation net sales for the second quarter of fiscal 2007 increased to $14.80 billion from $13.79 billion during the second quarter of fiscal 2006. Comp sales increased 5% for the quarter…
Lotto Opens Verona Store
Lotto Sport Italia opened a new Lotto Store in the heart of the Verona. The new store extends over 200 sq. m. on one single floor. The important Veronese location brings the number of Lotto stores presently trading in Italy to 33, direct or managed throug
Wal-Mart Comps Stay Flat in February
Wal-Mart February sales increased 5.6% to $17.572 billion compared to $16.639 billion last year. Comp store sales for the month increased 0.4%…
