SGB Update Outdoor
The Sports Authority Beats Q3 Guidance; Comps Climb 1.2%
The Sports Authority, Inc. third fiscal quarter diluted EPS was 13 cents compared to previous guidance of 9 cents and last year's income of one penny, excluding integration costs. Comparable store sales increased 1.2%. Net income for the third quarte
NRF: Gift Cards Rank Third on Wish Lists this Holiday Season
The gift card is still running strong this season, ranking third on consumers’ wish lists this year according to the findings of the latest NRF Gift Card Survey, conducted by BIGresearch. The survey foudn that gift card sales will total $18.48 billion thi
Foot Locker Sales Increase 3%; Income Loses Ground
Foot Locker Inc. report that sales for the third quarter increased 3.1% to $1,408 million this year compared with $1,366 million in the year-ago period. Third quarter comparable-store sales increased 2.7%. Net income for the quarter was 42 cents per share
Gander Mountain Q3 Comps Fall 8.5%; Reports $7.5 Million Net Loss
Gander Mountain Company third quarter sales increased 20% to $214.4 million while Comparable store sales decreased 8.5%. The company reported a net loss for the third quarter of 2005 of $7.5 million, compared to a $1.7 million restated profit for the thir
Gander Signs Leases for Three New Stores
Gander Mountain Company signed leases for three new outdoor lifestyle specialty stores to open in the spring of 2006. All of the new stores will be built for Gander Mountain with approximately 65,000 square feet plus outside selling space. Each will inclu
Royal Robbins Hires Scott Hamlin as Product Director
Royal Robbins hired Scott Hamlin as its new Director of Product. Scott has more than 13 years of product and branding experience, working with international brands, including adidas and Jockey. As Royal Robbins’ Director of Product, Hamlin will be respo
Mizuno Opens ‘SOZO’ Design Center
Mizuno Corp. and Mizuno USA announced the opening of a cutting edge Global Design Center for the company’s performance running division. The Mizuno SOZO Design Center is located in Portland, Oregon, and will be utilized by Mizuno USA and the Mizuno Globa
Billabong in Airport Retail JV
Billabong announced it has formed a joint venture
arrangement with airport-based surfwear retailer beachculture. The move will see the beachculture business transferred into a new company, which will be owned by existing beachculture owner John Brooks and
Riddell Bell Sees Acquisition Boost Sales Gains
Riddell Bell Holdings, Inc. reported that net sales for the fiscal quarter ended October 1, 2005 increased $64.4 million or 167.2% from the comparable period of the prior year largely a result of the acquisition of Bell Sports. RBH's operating income
Zumiez Posts 27% Q3 Sales Jump
Zumiez Inc. reported total net sales for the third quarter ended October 29, 2005 increased by 27.2% to $57.4 million from $45.1 million in the year-ago quarter. Net income for the quarter was $5.3 million or 37 cents per diluted share, up from net income
Nike Appoints Kempa President of Exeter Brands Group
NIKE, Inc. has named Lisa Kempa as president of its Exeter Brands Group. Kempa previously was chief financial officer of Converse, also owned by Nike. She will continue reporting to Converse CEO Jack Boys, and will establish a close working relationship w
All Polartec Styles Receive Oeko-Tex Certification
Malden Mills announced that all existing styles of Polartec fabric have received the Oeko-Tex Standard 100 Certification and all new styles will be tested for approval on a rolling basis. Textiles that have been tested to the criteria of the Oeko-Tex Stan
Under Armour Raises IPO Price Range Ahead of Thursday Debut
Under Armour’s road trip has apparently been as positive as most in the industry would have expected, encouraging the company to raise the estimated price range of its IPO to between $10 and $12 per share ahead of its expected debut on Thursday. The new
Sara Lee Completes European Branded Apparel Sale
Sara Lee Corporation announced that it has entered into a definitive agreement for the sale of its branded apparel business in Europe to an affiliate of Sun Capital Partners, Inc. According to the terms of the agreement, the Sun Capital affiliate will pay
Head NV Rides Flexpoint Technology to Solid Q3…
Head N.V. saw less upside in its practice of reporting in U.S. currency in the third quarter, as the strengthening Dollar narrowed the spread against the Euro to just 20 basis points in the period. But the company needed less of a boost in reporting thei
