Quiksilver Names Anton Nistl President of DC Shoes’ Americas
Quiksilver, Inc. said Anton Nistl has been named the new president of its DC Shoes business in the Americas effective immediately. He replaces Nick Adcock, who resigned in early June shortly after Quiksilver announced it would not be selling DC…
Sporting Goods Consumers Think of Specialists First
Full-line sporting goods retailers like Dick’s Sporting Goods and Sports Authority are top of mind when consumers think about where to shop for sporting goods, (including footwear and apparel) but the larger and broader mass merchant stores like Wal
Dick’s Sporting Goods Sees Slow Recovery
Dick's Sporting Goods is planning for a “very modest recovery going forward” but has some plans in place in case the turnaround gains momentum. Speaking at the Goldman Sachs Retailing Conference last week, CEO Ed Stack said, “We've got things in
Jarden Sees Declines in Ski Business
Jarden Corp. is planning for its ski business, which includes K2, Volkl, Marker and Marmot, to be down around 10% this year. Speaking at the Barclays Capital investor conference in Boston, MA, Martin Franklin, Jarden's CEO, noted that unlike a numbe
Columbia Sportswear Works to Reestablish Itself in Specialty
Columbia Sportswear is working diligently to reestablish its flagship brand in the specialty channel and at higher-end retail and department stores. Speaking at the Goldman Sachs Retailing Conference, Tim Boyle, president and CEO, admitted that part of th
West 49 Narrows Q2 Loss Despite Comps Dip
A depressed economy and unseasonably cool weather compounded weakness in what was already a traditionally slow quarter for West 49, but second quarter losses narrowed for Canada’s largest action sports retailer despite declining comps. Same store sa
Forzani Group Posts Second Quarter Loss as Cool Summer Hits Sales
Forzani Group Ltd. reported a CN$4.4 million (U.S.$4.1 mm) loss for the second quarter, hurt by the recession and cool summer weather across much of Canada. The retailer also blamed a few special circumstances, including costs and distractions caused by a
Under Armour Narrows Focus to Winning Categories
With its powerful connection with young consumers, Under Armour believes it still has plenty of growth ahead. But given the economy, management is narrowing its focus to those areas that will bring the greatest return on investment…
New Balance Sues Louis Vuitton
New Balance Athletic Shoe Inc. has sued LVMH Moet Hennessy, alleging that Louis Vuitton's Minstrel sneaker intentionally copies New Balance's 574's shape and coloring. Paris-based Louis Vuitton started selling the Minstrel for $590 last mon
Lululemon Sees Sales Perking Up, Aiming for Positive Q4 Comps
Lululemon Athletica Inc.'s second quarter earnings were down from a year earlier but results handily exceeded its own internal guidance and the yoga-themed retailer has turned bullish on the back half of the year…
Smith and Wesson Fiscal First Quarter Growth Propelled by Consumer Segment
Analysts predicted gun sales for firearm companies would slow as the “Obama-factor” subsided, but record-setting firearms sales driven by handguns and tactical rifles at Smith & Wesson indicates that firearms owners still fear a government-dri
Puma AG Issues Sustainability Report
Puma has issued its fifth sustainability report, which covers the reporting period 2007/2008 and details the company’s progress in enhancing working and social standards in its supply chain, building capacity at its suppliers’ factories, broad
Sports Direct Lifts FY Profit Guidance
Sports Direct raised its full-year profit forecast after a better-than-expected first quarter. Revenue increased 10% in the 13 weeks to July 26, to £375 million ($619 million), with group profit up 4.7% to £157 million ($260 million)…
U.K. Sports Retailers Eyed for Price Fixing
JJB Sports Plc and Sports Direct International are being investigated by the U.K.'s Serious Fraud Office in conjunction with the Office of Fair Trade (OFT) over allegations of price fixing and fraud. In a statement, JJB said the investigation related
Signature Eyewear’s Q3 Sales Drop 7.8%
Profits at Signature Eyewear, Inc., which makes Cutter & Buck eyewear, dropped to $155,000 in its third quarter ended July 31 from $570,0000 a year ago. Sales were down 7.8% to $5.9 million. In the nine months, profits rose slightly to $570,000 from $538,
