SGB Update Outdoor
Intrawest to Initiate Strategic Review…
Intrawest Corporation, parent company to several ski resorts in North America, has initiated a review of strategic options available to the company for enhancing shareholder value. These options include a capital structure review, strategic partnerships o
Genesco Sees Planets Aligned for Mall Formats…
Genesco Inc. looks to be sitting in the catbird seat these days as they capitalize on fashion trends that appear to be aligning directly with a number of their mall retail formats. Journeys, always the darling of the fashion athletic business, is now gro
EJ Acquisition Helps Double Rocky Q4 Sales…
Rocky Shoes & Boots saw a considerable upside from their acquisition of EJ Footwear, more than doubling Q4 sales and increasing the company’s bottom line to $2.6 million compared to $2.2 million in the year-ago period. Net sales for the fourth quarter inc
Sting Ray Sales Continue to be a Drag on Dorel Revenues…
Dorel Industries, parent company to Pacific Cycle and the Schwinn brand, was able to ride the Sting Ray to relatively large sales and earnings increases for several quarters, but the momentum behind the product appears to have died out. The company report
Deckers Ups Guidance on Strong UGG Results…
Deckers Outdoor Corporation continues to benefit from the popularity of the UGG brand while many of the company’s other businesses are undergoing a transition period. Both Teva and Simple are investing heavily in design and innovation while Decker’s new C
Junkfood Leaves Bad Taste at PacSun in Q4…
Pacific Sunwear of California, Inc. posted a strong sales gain for the fourth quarter, but saw weakness in girl’s offset what could have been decent gains at the PacSun concept. Much of this weakness was attributed to Junkfood T’s and fashion denim, alon
K2 Inc. Moves Adio DC to Reno…
In a move to further streamline and improve its warehousing and shipping operations, Earth Products will relocate Adio Footwear's warehousing and shipping operations from company headquarters in Carlsbad to a larger company facility in Reno, Nev. The
Paddlesport 2006 Returns in March
Paddlesport 2006, a kayak, canoe and outdoor consumer expo presented by The Jersey Paddler will be held March 24, 25 & 26, 2006 at the Garden State Exhibit Center in Somerset, NJ. Over 100 exhibitors will gather together under the same roof to present new
Stage Stores February Comps Dip 0.9%
Stage Stores, Inc. reported that total sales for the four-week period ended February 25, 2006, increased 0.9% to $93.1 million from $92.3 million in the prior year four-week period ended February 26, 2005. Comparable store sales decreased 0.9% versus an i
Target February Same-Store Sales Increase 3.6%
Target Corporation reported that its net retail sales for February increased 10.5% to $3.73 billion from $3.38 billion for the same month last year. On this same basis, comparable-store sales increased 3.6% from fiscal February 2005…
Ross Stores Posts 6% February Comps Gain
Ross Stores, Inc. posted $356 million in sales for February, a 14% increase over the $311 million reported for the same month last year. Comparable store sales for the month increased 6% over the prior year period…
Callaway Names Knees as VP Marketing
Callaway Golf Company appointed Bill Knees as its new Senior Vice President, Marketing. Mr. Knees, who most recently served as Vice President of Brand Development for Unilever in Greenwich, CT, will oversee marketing and brand development for all Callaway
West Marine Sees 5.7% Sales Gain; Net Loss Widens
West Marine, Inc. posted a preliminary unaudited net loss for the fourth quarter of $17.4 million, or 82 cents per share, compared to a net loss of $3.4 million, or 16 cents per share last year. Net sales for the quarter were $124.8 million, a 5.7% increa
Costco February Comps Increase 8%
Costco Wholesale Corporation reported net sales of $4.21 billion for the month of February, an increase of 11% from $3.78 billion in the same four-week period of the prior fiscal year. Comparable store sales for the month increased 8%. The company saw ne
Saks Has Tough February After 6.4% Comps Decline
Saks Inc. reported a 6.4% decrease in total company comparable store sales and a 17.2% decrease in total sales to $361.9 million for the month of February. By segment, comparable store sales decreased 6.1% for SDSG and decreased 6.7% for SFAE for the mont
