May Sport Footwear Retail Sales Pace Weakens
With the month of May typically seen as the beginning of a clearance period for athletic footwear for many retailers, its importance is usually on the low end of the scale after the Easter and Spring Break periods are past and inventories are cleaned up h
Deadline Looms for Kneissl Rescue
Customers, creditors and other stakeholders of the bankrupt Austrian ski maker Kneissl may learn its fate as early as June 15, when the company could be liquidated if its billionaire majority shareholder does not finally deposit a long promised capital in
Kuhl Joins Grassroots Outdoor Alliance as Vendor Partner
Grassroots Outdoor Alliance, a buying and support group for about 70 outdoor specialty stores, added the apparel brand Kuhl as a Vendor Partner…
G-III Apparel Reports Q1 Sales Up 28%
G-III Apparel Group, Ltd. reported net sales for the first quarter ended April 30, 2011 increased by 28 percent to $196.9 million from $154.3 million in the year-ago period…
Sen. Udall Promotes Ski Area Bill at Teva Mountain Games
U.S. Sen. Mark Udall, D-CO, used the Teva Mountain Games in Vail Friday as a venue to promote his bill to extend ski area leases on Forest Service land and his summer initiative to get kids out-of-doors and enjoying their natural backyards…
Cabela’s to Open Store in Tulalip, WA
Cabela's Incorporated announced plans to bring a new Cabela's retail store to customers in Tulalip, WA and the surrounding area…
KKR To Acquire Academy Sports + Outdoors
Kohlberg Kravis Roberts & Co L.P. (KKR) last week reached an agreement to acquire Academy Sports + Outdoors, which for its 73-year history has been controlled by the Gochman family. Terms of the deal were not disclosed, but sources told Sports Executive W
Sperry Forms Sailing Team
Sperry Top-Sider announced a major sponsorship agreement with 30 of the top athletes from the world of Olympic sailing to form Team Sperry. The group of World Champion sailors come from Croatia, France, Great Britain and the United States…
May Retail Gets Lift from Inflationary Price Increases
Phrased rather simplistically, U.S. consolidated same-store sales for May were “hit-or-miss,” by definition, as a number of factors claimed significant impact on American shoppers…
Delta Apparel Amends Loan Agreement
Delta Apparel, Inc., the parent of MJ Soffe, has entered into a fourth amended and restated loan and security agreement…
The Buckle Sees May Comps Up 8.8 percent
The Buckle reported May comps improved 8.8% on net sales that increased 12.7 percent to $68.1 million for the four-week fiscal month from $60.4 million in the year-ago month…
Under Armour Hires Outside Media Buying Team
Under Armour has selected Omnicom Media Group agency Optimum Sports to manage its media account, marking the first time that the athletic performance brand has assigned media planning and buying duties to an outside agency…
Zumiez May Comps Rise 7.8 Percent
Zumiez Inc. reported comps for the four-week fiscal May period ended May 28 increased 7.8 percent as net sales increased 14.9 percent to approximately $30.3 million from $26.3 million in May of last year…
Noll Surfboards Opens Flagship Store
Noll Surfboards opened its flagship store in San Clemente, CA. The store opening coincides with the re-launch of one of the first American surf brands…
Quiksilver Inc. Posts Steep Fiscal Q2 Loss on Asia Pacific Charges
With strong performances in the Americas and Europe, Quiksilver Inc. posted higher revenue for the first time in three years with pro-forma earnings also ahead of expectations…
