SGB Update Sports & Fitness
Tactical Holdings Acquires Massif Mountain Gear
Tactical Holdings and its equity partner, Golden Gate Capital, late last week completed an investment in Massif Mountain Gear Company. Massif manufactures and sells flame resistant performance technical apparel in the United States. Its primary customers
Cabela’s Renews Credit Card Facility
Cabela’s Inc. announced that Wachovia Bank, National Association has renewed its $225.0 million commitment under an outstanding series of variable funding notes issued by Cabela's Credit Card Master Note Trust. The commitment is for one year…
Men’s Wearhouse Bids $67M for Filene’s Basement
Filene's Basement announced that an affiliate of Men's Wearhouse emerged as the winning bidder in a nine-hour bankruptcy auction for assets of the off-price chain that was held in Manhattan on Friday. Other bidders included Syms and New York re
The Buckle’s May Comps Jump 13.4%
The Buckle, Inc. reported that comparable store net sales for the four-week period ended May 30, 2009 increased 13.4%. Net sales climbed 19.2% to $60.6 million from $50.8 million for the prior year four-week fiscal month…
Stage Stores Reports May Comps Slide 7.2%
Stage Stores, Inc. total sales for the four week May period ended May 30, 2009 decreased 4.7% to $116.8 million from $122.6 million in the prior year four week May period ended May 31, 2008. Comparable store sales decreased 7.2% this year versus an increa
BJ’s Reports May Comps Slide 6.8%
BJ’s Wholesale Club, Inc. said sales for May 2009 decreased by 4.7% to $783.4 million, from $822.0 million in May 2008. Comparable club sales for May 2009 decreased by 6.8%, including a negative impact of 10.8% from lower gasoline prices and volume versus
Saks’ Comps Tumble 26.6% in May
Saks Inc. announced that owned sales totaled $166.1 million for the four weeks ended May 30, 2009 compared to $223.9 million for the four weeks ended May 31, 2008, a 25.8% decrease. Comparable store sales decreased 26.6% for the month…
TJX May Comps Rise 5%
The TJX Companies, Inc. saw sales for the four-week period ended May 30, 2009 of $1.49 billion, up 4% over the $1.43 billion achieved during the four-week period ended May 31, 2008. For the 17 weeks ended May 30, 2009, sales reached $5.84 billion, up 1% o
Ross Stores Comps Up 4% in May
Ross Stores, Inc. said sales for the four weeks ended May 30, 2009 increased 10% to $564 million from $513 million for the four weeks ended May 31, 2008. Same store sales for the month increased 4% on top of a strong 7% gain in the prior year…
Stein Mart Q1 Sales Dip 9.2%, Comps Fall 8%
For the first quarter ended May 2, 2009, Stein Mart earned $16.1 million or 38 cents per diluted share as compared to $7.0 million or 17 cents per diluted share in 2008. As previously reported, net sales for the first quarter decreased 9.2% to $319.6 mill
Iconix Raises $131M in Stock Offering
Iconix Brand Group, Inc. expects to receive proceeds of approximately $131.4 million from the offering of 9.2 million shares. Proceeds will reach approximately $152.9 million if the underwriters exercise their option to purchase additional shares in full.
Vail Resorts Q3 Income Drops 29.4%
Vail Resorts, Inc. saw a net income of $61.6 million in the third fiscal quarter ended April 30, 2009. This 29.4% drop from last year's income of $87.3 million was impacted by lower destination visitation…
Asics Leases Distribution Center in DeSoto, MS
Asics America has signed a 224,000-square-foot industrial lease at 601 Expressway Drive in Horn Lake, MS, according to an article on costar.com. The athletic footwear manufacturer is scheduled to take occupancy in July…
HEAD N.V. Extends Debt Exchange Offer
Head N.V. said its subsidiary, HTM, is extending the early tender date of its previously announced private exchange offer (the “Exchange Offer”), to exchange its outstanding €135,000,000 ($191.5 million) 8.5% Senior Notes due 2014 (the “Existing Notes”) f
Recall: REI 2005 Novara Trionfo Bicycles
Recreational Equipment Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a recall of 2005 Novara Trionfo Bicycles. The fork can separate from the steerer tube which can cause the rider to lose control, posing a fall haz
