SGB Update Outdoor
Play It Again Parent Names VP of HR
Winmark Corporation, parent company to Play It Again Sports announced the appointment of Leah A. Goff to the position of vice president of human resources. Goff joined Winmark in 1995 and assumed full responsibility for Human
Resources in 1997…
G-III Appoints CFO, Adds to Board
G-III Apparel Group, Ltd. announced that it had promoted Neal Nackman to the position of CFO and elected Laura Pomerantz to its board of directors. Nackman has been the company's vice president, finance since joining G-III in December 2003. Pomerantz
Quiksilver Sees Mixed Results in Fiscal Q3; Will Move Rossignol to Park City…
Quiksilver reported a very solid fiscal third quarter with sales climbing in the low double digits and income outpacing sales by more than a two to one margin. The company stated that its back to school business has been solid in its core market and doing
Cutter and Buck Takes Hit in Fiscal Q1 on “Stale” Product Line…
Cutter & Buck still sees the current fiscal year as a transitional one as they work to reverse a downward trend in the business through investments in marketing, product, IT, and “improving the price-value relationship” of its products. But the biggest is
G-III Shows Bottom Line Improvement in Second Quarter…
G-III’s recent acquisition of Marvin Richards and Winlit helped to boost both the top and bottom line during the second quarter. Apart from the contributions from acquisitions, the increase in net sales was said to be driven by stronger men’s and women’s
NGF:Golf Rounds Played Slip in July…
The National Golf Federation reported that same-store rounds played in the U.S. decreased slightly (-0.3%) in July 2005 vs. July 2004. The estimate is based on data from operators at 1,819 golf facilities. The resulting year-to-date total through July is
DSW Sees Fashion Athletic Lead Q2 Comp Gain; Pro Forma Net Up 30%…
While DSW Inc. has shown incredible growth in the athletic category and overall sales over the last few years, it is about to get another big boost to its business that will most likely help to increase traffic flow, while putting some pressure on its cur
Mervyns Will Shutter 25% of Doors in Move to Profitability…
The mid-market retailer based in the San Francisco Bay area will see about 4,800 employees affected by its plans to focus its energies on markets where it is most profitable. The 62 under-performing stores targeted for closure represent about 25% of the
Scott USA to build new Warehouse and Manufacturing Facilities
For the past eight months, Scott USA has been developing long term plans for their warehousing space and manufacturing facility. With the growing bike, wintersports, and motocross groups, space has been at a premium in their current facility. Scott USA re
ICON Year and Quarter Suffer on U.S. Decline; Posts Loss for Fiscal Year…
ICON Health & Fitness said the decline in fiscal fourth quarter and full year sales was due primarily to “a consolidation of customers in the department store channel of distribution, the timing of buying patterns in that channel and a decline in the dire
Golf Galaxy to Open Four Stores This Fall
Golf Galaxy, Inc. will open four Golf Galaxy stores in four states this fall. The new stores include the company's first in the states of Colorado, Nebraska, and Oklahoma, as well as its expansion in the greater Philadelphia market with its first sto
NRF Sees Potential Impact on Rail Shipments from Katrina…
The devastation at the Port of New Orleans from Hurricane Katrina isn’t expected to have a major impact on the maritime shipment of retail goods, but the natural disaster could cause slowdowns in railroad operations that will cause longer shipping times f
Dick, Steve and Barry Get Together in Twin Cities
Steve & Barry's University Sportswear and Dick's Sporting Goods will join Burnsville Center in Minneapolis, Minn., in space previously occupied by Mervyn's department store. CBL & Associates Properties, owner and manager of Burnsville Cente
Hibbett Sees 10% of Stores Affected by Katrina; Only Three Lost…
Hibbett Sporting Goods, Inc. lost a total of three stores due to Hurricane Katrina and will be assessing insurance claims related to those stores. One of these stores is expected to re-open within the next six to eight weeks. An additional seven stores ar
Acushnet and Academy Settle Titleist Suit
Acushnet Company and Academy Sports & Outdoors have settled the lawsuit which Acushnet brought against Academy regarding the sale of counterfeit Titleist Pro V1 golf balls. The lawsuit was filed on April 11 after consumers complained to Acushnet that Pro
