NRF: Retail Sales Reinforce Holiday Forecast
Retail sales are continuing to gain momentum in time for the busiest shopping season of the year. According to the National Retail Federation, October retail sales in the GAFS category (general merchandise stores, clothing and clothing accessories stores,
Airwalk Foreclosure Plan Stymied at 11th Hour…
Airwalk International’s parent company, Sunrise Capital Partners, almost made it to the finish line in their bid to buy the troubled company out of foreclosure on Friday, but they were stymied at the eleventh hour by a group of Asian factories and an agen
Pacific Sunwear Sees the Fleecing of America’s Teen Consumer…
The warmer weather in late October may have put a damper on some hot “cool weather” categories for Pacific Sunwear’s two retail concepts, but November is starting to shape up again, with the fleece category driving increases at both PacSun and d.e.m.o. N
Head Sees Winter Sports and Positive Exchange Rates Fuel Q3 Gains…
Head N.V. was able to use its reporting structure in U.S. dollars to its advantage once again in the third quarter, but company management indicated that the benefit had declined a bit since the first half of the year. The company reports in U.S. currenc
Sport Supply Sees Fiscal Q2 Loss; Exits Most Team Dealer Operations…
Sport Supply Group has now either sold or discontinued operations in all of its team dealers with the exception of its operation based in Dallas, TX…
Margins Help Adams Golf Pare Q3 Loss…
The combination of rising sales and improved efficiencies had an obvious impact on the bottom line at Adams Golf, with the company posting a narrowing its Q3 loss to $343,000 from a loss of $4.3 million in the year-ago period. Total net sales increased 3
Lower GM Hurts Golfsmith Q3 Profits…
Golfsmith International saw net income for the third quarter fall 70.6% to $1.1 million from $3.4 million in the year-ago period. Net income from U.S. operations contributed 85.3% of total earnings, while Canada operations contributed 10.4% and Europe pro
Warnaco Looks for More from Speedo…
Speedo parent Warnaco said that the company’s swimwear group always runs losses in the third quarter since the company sees just 10% of its total year revenues for the division in Q3. But the operating loss widened for the period to $8.6 million from $3.
Can Everlast Expect to Ride Bling Bling to Better Results?
Everlast Worldwide is putting its name on everything these days — with a new jewelry line and a new fragrance the latest additions — in an attempt to bolster licensing revenues even as product sales continue to fall. Third quarter net sales for the com
True Temper Taps New Markets for Improved Q3…
True Temper Sports rode increased sales numbers to better margins and income for Q3. The company reported a 12.1% increase in net sales, rising to $24.7 million from $22.0 million…
New Balance Talks on China Strategy…
In an exclusive interview with Sports Executive Weekly, New Balance Athletic Shoe president Jim Tompkins threw water on a Chinese newspaper report that suggested that New Balance would open 70 stores in China by the end of next year.
Liz Goes Urban with Enyce Acquisition…
Sport Brands International continued with its focused approach last week as the new parent company of Fila announced it had agreed sell Enyce and its sister brand, Lady Enyce, to Liz Claiborne, Inc. for approximately $114 million, including the retirement
Gildan Moves into Georgia; Major Investor Divests Over Labor Issues…
In its ongoing battle with Russell Corporation in the Artwear/Careerwear category, Gildan Activewear Inc. has formed a 50-50 joint venture with Frontier Spinning Mills Inc. to acquire the assets of a yarn-spinning facility in Cedartown, GA for $12.5 milli
Krueger to Run CAT Footwear Business for Wolverine
Wolverine World Wide announced that Blake W. Krueger, the Company's Executive Vice President and General Counsel, will assume responsibility for the global CAT Footwear business. In this new capacity, Krueger will continue to report directly to Timo
Atlas Expands Winter Women’s Workshops
Atlas Snow-Shoe Company expands its Explore Winter Women's Workshops this season to include more venues nationwide. Presented by world-renowned adventure athlete Cathy Sassin, each indoor Explore Winter workshop will teach women everything they need
