SGB Update Sports & Fitness
Sport Footwear Sees Dramatic Positive Turn in February
Retail sales of Sport Footwear bounced back in a big way to start the 2009 retail fiscal year after posting sluggish results in the 2008 fiscal fourth quarter ended January 31, 2009. For the four-week fiscal month of February, sales of Sport Footwear, wh
Stage Stores Comps Fall 8.6% for February
Stage Stores, Inc. said total sales for the four week February period ended Feb. 28, 2009 decreased 4.7% to $100.9 million from $105.9 million in the prior year four week period ended March 1, 2008…
Buckle Feb. Comps Rise 21%
The Buckle, Inc. saw comparable store net sales for the four-week period ended Feb. 28, 2009 increase 21.0% from comparable store net sales for the four-week period ended Mar. 1, 2008. Net sales for the four-week fiscal month ended Feb. 28, 2009 increase
BJ’s February Comps Remain Steady
BJ’s Wholesale Club, Inc. saw February 2009 sales increase by 2.4% to $670.0 million from $654.2 million in February 2008. On a comparable club basis, sales increased by 0.6% for the month of February 2009, including a negative impact from sales of gasoli
Brown Shoe Reports Fourth Quarter Loss
Brown Shoe Co. net sales decreased 8.8% in the fourth quarter to $521.0 million compared to $571.4 million in the year-ago quarter. The net loss totaled $153.0 million, or $3.68 per diluted share, inclusive of impairment of goodwill and intangible assets,
Broder Bros. Co. Hires Strategic Advisor
In light of the current market conditions, Broder Bros., Co. has retained Miller Buckfire & Co., LLC as its financial advisor and investment banker and Kirkland & Ellis LLP as special counsel as it explores its financing and strategic alternatives with re
ATA Changes 2010 Trade Show Dates
The Archery Trade Association’s board of directors has changed the 2010 Trade Show dates to Jan. 13-15 to accommodate a scheduling conflict…
Zumiez February Comps Fall 13.4%
Zumiez Inc. had comparable store sales decrease 13.4% for the four-week period ended Feb. 28, 2009, versus a comparable store sales decrease of 2.6% in the year ago period ended Mar. 1, 2008. Total net sales for the four-week period ended Feb. 28, 2009 in
Acushnet, Callaway Sue One Another for Patent Infringement
Acushnet Company, the golf business of Fortune Brands, Inc., and Callaway Golf Company have filed patent infringement lawsuits against one another. Acushnet asserts that Callaway’s Tour i and Tour ix golf balls infringe nine United States patents from Acu
Shock Doctor Beefs Up Management Team
Shock Doctor, Inc. named Steven Coopersmith as senior vice president of marketing and Andy Donahue as powersports sales manager. Coopersmith will lead all marketing efforts, in promoting the company’s brand on a worldwide basis. Donahue will helm the sa
Shock Doctor Beefs Up Management Team
Shock Doctor, Inc. named Steven Coopersmith as senior vice president of marketing and Andy Donahue as powersports sales manager. Coopersmith will lead all marketing efforts, in promoting the company's brand on a worldwide basis. Donahue will helm the
Pacific Brands Restructures As H1 Sales Dip 2.9%
Pacific Brands is implementing a new strategy – Pacific Brands 2010 – to restructure and sharpen the focus of the business. The company will discontinue some of its smaller labels and brands to reduce complexity and cost and divest some non-core businesse
OBIT: Founder of Crazy Creek Rob Hart Dies in Ski Accident
Robert “Rob” Dixon Hart, 51, founder of Crazy Creek Products died Feb. 20 in a skiing accident on Red Lodge Mountain. Hart founded Crazy Creek Products with his first wife Louise “Weezie” Chandler in Red Lodge, MT in 1988…
Backcountry.com’s Parent Sees Robust E-Commerce Gains Despite Rough Q4
Liberty Media Group’s e-commerce businesses, which include Backcountry.com, experienced revenue growth of 65.0% in the fourth quarter and 92.0% for the year. The company saw adjusted operating income (OIBDA) growth of 19.0% in the fourth quarter and 78.0%
Lacrosse Subsidiary Receives Army Order for $6.7 Million
LaCrosse Footwear, Inc. said its Danner subsidiary received a new $6.7 million delivery order from the U.S. Army for the Danner Combat Hiker boot. Danner anticipates delivering this order of the Combat Hiker boot beginning in April through August of this
