Urban Outfitters Q2 Comps Jump 11%; Direct Sales Double
Urban Outfitters sales for the second quarter climbed to a record $189.5 million, a 54% increase over the same period last year. This sharp year-over-year increase in quarterly sales was driven by a 26% jump in total Company comparable store sales (over a
High Gear Signs Partnership With USSA
HighGear has inked an agreement with the U.S. Ski and Snowboard Association (USSA) to become an official supplier of the U.S. Ski and Snowboard Team. The two-year agreement gives HighGear exclusive worldwide sponsorship in the sports instrument category,
Kellwood Elects Two New Board Members
Kellwood has elected Robert J. Baer and Harvey A. Weinberg to the Company’s Board of Directors, according to Hal J. Upbin, chairman and chief executive officer. Baer is a seasoned executive in the transportation industry with over 28 years of experience.
West Marine July Comps Plunge 9.5%
West Marine net sales for the four weeks ended July 31, 2004, were $71.8 million, a 5.6% decrease compared to net sales of $76.1 million for the same four-week period a year ago. Comparable store net sales for July decreased 9.5% compared to the same peri
Trails.com Inks Partnership with Sierra Designs
Sierra Designs recently became the first manufacturer to offer a free six-month Trail Finder™ subscription with the purchase of any Sierra Designs sleeping bag. The program will be released at the Summer Outdoor Retailer trade show, Aug. 12-14, 2004 and a
REI Appoints New VP of Distribution and Logistics
REI has appointed David Presley to the position of vice president of Distribution and Logistics. Presley, who comes to REI with 20 years' experience in supply chain management, will provide leadership to the warehousing, order processing and product
Nordica Inks Deal with Canadian Alpine Ski Team
NRB Sports Inc, the Canadian subsidiary of Italian owned Nordica and Rollerblade, has announced that after a long absence it has re-joined the Canadian Alpine Ski Pool. Already in association with numerous ski pools world wide, this partnership will allow
VauDe will Not Show at OR
VAUDE is currently working on a new distribution concept in a continued effort to successfully penetrate the US market, after officially dissolving their relationship with Windsong Outdoors, LLC earlier this year…
Chamandy Resigns From Gildan Activewear
H. Greg Chamandy has stepped down from his roles as Co-Chief Executive Officer, Chairman of the Board and Chairman of the Executive Committee of Gildan Activewear, in order to pursue other business interests. He has also resigned as a member of the Board
Sportsman’s Guide Q2 Income Jumps 23% on 2.3% Sales Increase
The Sportsman's Guide reported sales for the second quarter 2004 were $38.9 million compared to the $38.0 million reported for the same period one year ago. The Company reported net earnings of $797,000, or $0.15 per fully diluted share for the quar
Nike Updates Back Half Order Backlog Numbers
Nike, Inc. filed its fiscal 2004 10-K report on Friday, revising its futures backlog figures for shipment through November. The company pointed to strength in the U.S. and Asia markets that drove backlog up 11.3% to $5.6 billion, versus its previously
Spyder Acquired in $100 Million Cash Deal…
In a deal that has been in the works for several months, Apax Partners last week finalized its acquisition of Spyder Active Sports in a transaction valued at approximately $100 million, including assumption of debt. Apax is one of the largest private equ
Dick’s Closes Galyans Deal; Plans More Stores…
Dick's Sporting Goods completed its $362 million acquisition of Galyan's on Thursday via a deal structured as a merger. With the 48 Galyans doors, Dick’s now has 221 stores in 32 states and had combined sales of about $2.2 billion in the last f
Cabela’s Sees New Store Drive Top-Line; Earnings Hurt by Finance Unit…
Cabela’s saw a securitization transaction involving their credit card receivables impact their Financial Services segment’s' securitization income by roughly $2.0 million after tax, or three cents per diluted share, in the second quarter ended July 3
Gravis Expands Management Team…
Gravis footwear has added three new Director-level employees as part of a new emphasis by the Burton senior management team on the division. Anne-Marie Dacyshyn is the new Director of Product Marketing, Jason Heffron is the new Director of Marketing Commu
