Brown Shoe Sees Sales Up 6.4% on Famous’ 1.5% Comp Gains
Brown Shoe Company, Inc. reported a 6.4% increase in consolidated net sales to $523,283,000 for the first quarter of fiscal 2005, ended April 30, versus $491,832,000 in the year-ago period. Net earnings were $3,779,000 for the quarter, or 20 cents per dil
Lamkin Acquires Royal Grip
Lamkin Corporation has purchased the Royal Grip brand of golf grips from Royal Precision, a Torrington, Connecticut, manufacturer of steel and graphite shafts and golf grips. Bob Lamkin, president of Lamkin Corporation, said a major reason for the purchas
GoLite Ads Volz and Smith to Marketing and PR Team
GoLite added two new members to their team of professionals: Kevin Volz, Marketing Manager and Patricia (Pat) Smith of OnTarget Public Relations in Denver, who will serve as the company's PR Manager and PR agency of record. Altogether, the two bring
JAM Media Inks Deal with OllyDog
OllyDog has signed Julie McFadden and JAM Media to drive its public relations outreach. With a fifteen year marketing and PR background and deep roots in the outdoor industry, McFadden's experience gives OllyDog a stronger voice…
Sierra Club Elects Lisa Renstrom as New President
The Board of Directors of The Sierra Club elected Lisa Renstrom from Charlotte, North Carolina to serve as the organization's 51st president, a position first held by John Muir. Renstrom has held local, state and national posts with the Sierra Club
Shoe Carnival Gets Energy from Dress, Fashion, and Performance in Q1…
Shoe Carnival, Inc. said it posted the highest quarterly earnings in the company’s history in Q1, thanks in large part to their third consecutive quarter of comp store sales growth, along with continued gross margin improvement and leveraging of SG&A expe
Bob’s Stores Posts Q1 Operating Loss on Lower Sales and More Stores…
TJX reported that sales at Bob's Stores were “slightly less” than they had anticipated for the first quarter, as the 34 store unit celebrated its first anniversary quarter under the TJX umbrella by posting a 3.1% decline in total sales to $59.4 milli
The Walking Company Acquires Footworks for $10 Million
The Walking Company, signed a definitive agreement to purchase the assets of Footworks, a division of the privately held shoe retailer Bianca of Nevada, Inc., for approximately $10 million. Footworks operates a chain of 8 retail stores selling comfort sho
New Gander Mountain Doors Continue to Drive Growth…
Gander Mountain fought through its seasonally-slow first quarter with its usual strategy to bolster sales – open more stores. The company opened six new stores, including one relocation, bringing the total store count to 87 at the end of the quarter. Gand
Orange 21 Keeps Q1 Losses in Check…
Orange 21 beat analyst’s expectations for the first quarter and kept the company’s net loss under control in spite of new sales and marketing initiatives in the U.S. and Europe. Historically, the first quarter has been the slowest quarter in sales for Ora
Finkelstein and Krinsk Looking for Other Plaintiffs in ORNG Case
In March, a complaint was filed alleging violations of the federal securities laws by Orange 21, Inc. and certain of its officers and/or directors. The class action was commenced in the United States District Court for the Southern District of California
Riddell Bell Restructures; Will Shutter Chicago Presence…
Riddell Bell Holdings first quarter showed a 209.2% increase in sales due entirely to the acquisition late last year of Bell Sports. The company said that it will not attempt to give comparable results for the separated businesses, and combined results wi
Sport-Haley Reduces Fiscal Q3 Loss on Ben Hogan Strength…
Sport-Haley net sales fell 17.0% to $4.5 million in their fiscal third quarter from net sales of $5.4 million in Q3 last year. The decline was primarily due to the discontinuance of “Haley” men's fashion golf apparel from the spring ‘05 line along w
Soccer Kit Price Fixing Appeal Declined…
The BBC is reporting that the UK Office of Fair Trade’s Competition Appeal Tribunal has upheld fines against Manchester United, JJB Sports, Umbro, and Allsports for a price fixing scheme involving replica soccer kits. The tribunal reduced the fines impose
Golf Galaxy Latest Specialty Retailer to File for IPO…
Despite a quite unhealthy golf retail market that is plagued by declining rounds of play, price wars on key technology, and a strong commitment from TSA and Dick’s Sporting Goods to the golf category, the world is about to get another public golf specialt
