SGB Update Outdoor
Sugoi Acquired by Cannondale…
In a move that took many in the specialty run and bicycle apparel industry by surprise, Cannondale announced that it will acquire Sugoi Performance Apparel for an undisclosed amount. This is an especially curious move by Sugoi, who has been consistently g
Confluence Solidifies Brand Positioning…
Following their recent acquisition of Watermark’s watersports division, Confluence has finalized the positioning for its brands, creating a structure that is designed to allow the company to distribute multiple brands across multiple channels. For any man
LL Bean Changes Ad Agency, Strategy…
L.L. Bean caught the eye of the advertising and media trade this week with their decision to hire Pile and Co., an advertising consultant firm, to review their advertising program. For the past five years, L.L. Bean has held a contract with Martin/William
Action Sports See Wall Street Action…
Zumiez continued its string of impressive same-store sales gains, posting a 10.7% increase in June on top of a 9.0% increase in the year-ago period. The gain was attributed to a mid-single-digit increase in comp store transactions and a mid-single-digit
Recall: Rolf Prima
Rolf Prima is recalling Vigor and Elan rear wheels made in 2003, because the freehub mechanism can malfunction causing a loss of resistance when pedaling. No injuries have been reported, but the defect could cause riders to lose balance and fall. The faul
Just Two Bikes Sold to Hedstrand and Dugelman
Just Two Bikes Inc., headquartered in Hugo, Minn., announced that the company has been purchased by Dale Hedstrand, president of Focal Point Financial Services of White Bear Lake, and Jim Dugelman, sales and marketing manager of JTB. They have acquired th
Johnny West Joins Flow as VP of Sales
Flow, the San Clemente based distributor of snowboard bindings, boots, and boards, has tapped Johnny West as the new Vice President of Sales. In his new position, West will be the driving force behind sales for the US distributorship of all Flow products.
Nordica Taps Matt Schiller for Sales and Service
Nordica USA appointed Matt Schiller to the Nordica
Racing Sales and Service Team. Schiller will assume the position of Western Race Coordinator positioned in the Western United States covering CO, UT, WY, MT, ID, and CA.
Schiller brings a great deal of We
Goody’s June Comp Store Slaes Decline 4.5%
Goody's Family Clothing, Inc. reported total sales of $106.8 million for the fiscal month of June 2005, an increase of 1.4% from total sales of $105.3 million for the fiscal month of June 2004. Comparable store sales for June 2005 decreased 4.5% from
Russ Hopcus Appointed SVP Sales for adidas America
adidas America announced that Russ Hopcus has been named Senior V.P. of Sales. Russ came to adidas in 2002 with over 20 years of industry experience in various sales and marketing roles both in the U.S. and in Europe. Russ joined adidas as the Accessories
Target Rides 9% Comps Gain to 16% Sales Jump
Target Corporation reported that net retail sales from continuing operations for the five weeks ended July 2, 2005 increased 16.0% to $4.575 billion from $3.943 billion for the five-week period ended July 3, 2004. Comparable-store sales increased 9.0% fro
BJ’s Wholesale Comps Climb 4.3% in June
BJ's Wholesale Club sales for June 2005 increased by 8.9% to $796.1 million from $730.9 million in June 2004. On a comparable club basis, sales increased by 4.3% in June, including a negative impact from sales of gasoline of approximately 30 basis po
May Stores Sees June Sales Jump 20.6%; Comps Inch Up 0.6%
The May Department Stores Company reported preliminary net sales of $1.40 billion for the five-week period ended July 2, 2005, a 20.6% increase from $1.16 billion in last year's period. Copmarable store sales increased 0.6%.
Net sales for the first f
Neiman Marcus June Comps Increase 9.2%
The Neiman Marcus Group June sales increased 8.2% to 351 million. Comparable store sales in June increased 9.2% on top of a 13% increase last year…
Luxotica Acquires Optical Chain in China
Luxottica Group will acquire Xueliang Optical, the leading premium optical chain in Beijing, China. Luxottica Group will acquire 100 percent of the equity interest in Beijing Xueliang Optical Technology Co. Ltd. for a purchase price of RMB 169 million (ap
