SGB Update Outdoor
GBMI Launches New Brand
Global Brand Marketing Inc. is launching a new fashion brand, Mehandi, a women’s only label that provides for an exotic blend of artisan and sophisticated silhouettes debuting with the Spring/Summer 2007 collection.
Academy Snowboard Sees International Expansion
Academy Snowboards' international sales are up on a year to date basis of approximately 98%, according to Execute Sports, Inc., owner of the Academy brand. In addition, Academy Snowboards has added Greece, the Czech Republic and Poland to its list of
Sport Chalet to Open 41st Store
Sport Chalet, Inc. will celebrate the grand opening of its new 40,000 sq. ft. store located at 1350 North Moorpark Rd., Thousand Oaks, California 91360 on Friday, May 26th. This location will feature an on-site SCUBA training pool, which will open late su
Bullen Named Managing Director of Sunday River
American Skiing Company has named Dana Bullen as President and Managing Director of the Sunday River resort in Newry, Maine. Mr. Bullen has served as General Manager of the resort since September 2004 and brings to the position more than 20 years of ski i
The Sherpa Group Two Joins Princeton Tec Sales Team
Princeton Tec hired The Sherpa Group Two, a sales team based in Portland, OR to service retailers in the states of Alaska, Washington, Oregon, Idaho and Montana. The five member team consists of Jack Powell, Jaime Buyagawan, Gabe Calderon, Brock Selig, an
lucy Opens Two Chicago-Area Stores
lucy will open its third and fourth stores in Illinois over Memorial Day weekend. Set to debut on Friday, May 26 in Northbrook Court and Monday, May 29 in Oakbrook Center, each store creates a friendly, energized environment for lucy customers…
Perry Ellis Inks Licensing Deal with JAG Swimwear
Perry Ellis International, Inc. has entered into a license agreement with JAG Licensing LLC to manufacture and distribute JAG men's and women's swimwear and cover-ups in the United States, Canada and Mexico. The agreement runs through June 2011.
Cybex Completes Secondary Offering
Cybex International, Inc. completed its public offering of 3.5 million shares of CYBEX common stock at $5.50 per share. Of the total shares sold, 1.75 million shares were issued by CYBEX and 1.75 million shares were sold by the selling stockholders, inclu
First Quarter a Mixed Bag for Sports Retailers…
The U.S. sports retailer business was a bit of a mixed bag in the first quarter as early numbers from the public companies started to come in over the last two weeks. Dick’s Sporting Goods and Big 5 Sporting Goods both posted solid comp store sales gains
The Finish Line Cuts Guidance for Q1 and Year on Softer Sales…
FINL shares fell 18% last week to close at $12.12 on Friday after The Finish Line, Inc. issued revised sales and earnings guidance for its first fiscal quarter ending May 27 and the full year ending March 3, 2007. The retailer reported that it now expects
Hibbett Sees Mall Challenges Impact Q1 Gains; May Look Outside Small Market Strategy for Growth…
Hibbett Sporting Goods, Inc. saw HIBB shares fall 13.5% for the week to close at $25.50 on Friday after posting a fiscal first quarter with a very slight decrease in comp store sales that fell short of analysts’ expectations. At issue is some weakness du
Zumiez Sees Near 20% Q1 Comps Jump…
Zumiez Inc. had a busy end to the company’s first quarter, posting strong sales results which converted last year’s net loss to a gain this time around and executing a two-for-one stock split of its common stock near the end of April.
Total net sales for
SportsOneSource to Launch Conference Series at SGMA Spring Market in 2007…
SGMA has partnered with The SportsOneSource Group to present a running specialty retailer conference in conjunction with the Spring Market. The conference will focus on the specific needs of the running specialty retailer in areas such as best practices,
Zumiez Hits Fast Forward Button on Expansion…
Zumiez, Inc. signed a definitive agreement to acquire action sports retailer, Fast Forward. Fast Forward operates 19 stores, 16 of which are in Texas, with one store in California and two stores in Oklahoma. The chain had sales of “slightly under $24 mill
South American Contract Dispute Will Hurt Nike’s Bottom Line…
Nike, Inc. received a less that hoped for ruling in an arbitration case arising from a contract dispute between the company's Converse subsidiary and Alon International, S.A., a former licensee for Converse in Brazil, Argentina, Paraguay, and Uruguay
