SGB Update Outdoor
Softgoods Lead First Quarter Specialty Market…
The continued consolidation of the Bicycle, Outdoor and SnowSports industries helped boost the top-line sales numbers for vendors yet again in the first quarter. Momentum shifted back to the vendors in Q1 as their margins and profits remain healthy while
American Recreation Sees Weakness in Mass Market…
Kellwood, the parent company to Kelty, Sierra Designs, and Slumberjack, reported sales in the first quarter of $639.4 million, down 6.9% from $686.1 million last year. Net earnings for the first quarter were $12.5 million or 45 cents per diluted share ver
Footwear Manufacturers Prepare for Beijing Olympics…
The China Economic News Service reported that several major Taiwan-based footwear manufacturers are ramping up production in order to meet demand, which is expected to spike in conjunction with the 2008 Olympic Games in Beijing. Pou Chen Corp. has been co
Merrell Inks Footwear Licensing Deal with Patagonia…
Patagonia and Wolverine World Wide have inked a licensing agreement under which WWW’s Merrell brand will design, manufacture and market under the Patagonia name with rights to Water Girl and Lotus Designs. The first product line is expected at retail in s
Lafuma Takes Control of Oxbow…
Lafuma has completed its initial acquisition of Oxbow from the majority shareholder, Teahupoo, gaining 63.7% ownership of the company. Lafuma will now submit a draft standing offer at a price of €10.75 per OXBOW share cum-dividend and as a result OXBOW’s
Lapierre and Accell Land on U.S. Soil…
Lapierre Cycles, a member of Accell Group, opened a branch office in North America, and plans on distributing a complete line of road and mountain bikes starting in October 2005 at Interbike. After an investigative trip to the States in April for the Sea
Exel Sustains Nordic Walking Funding…
Exel’s efforts at expanding the Nordic Walking market internationally have not yet shown an any dividends, but the company stated that it will continue to invest in this emerging market in both North America and China. The Finnish company’s Q1 interim rep
The Great Malls of China…
The International Herald Tribune is reporting that the retail environment in China is not growing steadily, but rather it is growing in leaps and bounds with new “mega-malls” opening at a rapid rate. Apparently, by the year 2010 seven of the world’s ten l
Vaude Signs Agreement With Distributor Liberty Mountain
Liberty Mountain, one of the largest distributors of outdoor products in the U.S. has signed an agreement for exclusive distribution of the VAUDE line of technical outdoor products in the United States. Starting in 2006, Liberty Mountain will offer VAUDE&
The Buckle’s May Comps Climb 8.6%
The Buckle announced that sales for the four-week period ended May 28, 2005 increased 12.7% to $30.8 million from sales of $27.3 million in the corresponding four-week period ended May 29, 2004. Comparable store sales, for stores open at least one year, f
May Comps Up 5% at Costco
Costco Wholesale Corporation reported net sales of $4.11 billion for the four weeks ended May 29, 2005, an increase of 8% from $3.80 billion in the same four-week period of the prior fiscal year. May Comparable Store sales increased 5%…
Stage Stores May Comps Increase 7.0%
Stage Stores, Inc. reported that total sales for the four-week period ended May 28, 2005 increased 10.4% to $100.0 million from $90.6 million in the prior year four-week period ended May 29, 2004. Comparable store sales increased 7.0% versus an increase
Pacific Sunwear Ekes Out 0.4% Comp Sales Gain in May
Pacific Sunwear of California, Inc. reported that total sales for the four weeks of fiscal May ending May 28, 2005 were $80.7 million, an increase of 11.3% over total sales of $72.5 million during the same period last year. Total Company same-store sales
Nordstrom May Same-Store Sales Up 7.4%
Nordstrom, Inc. reported preliminary sales of $545.5 million for the four-week period ending May 28, 2005, an increase of 9.3% compared to sales of $499.1 million for the four-week period ending May 29, 2004. Same-store sales increased 7.4%…
Stein Mart May Comps Inch Up 0.4%
Stein Mart sales during the month of May increased 2.6% to $117.9 million compared to $114.8 million. Comparable store sales for the same period increased 0.4%…
