SGB Update Sports & Fitness
Pacific Cycle’s CEO Announces Growth Plans
Pacific Cycle’s new CEO, Jeff Frehner, says he has plans that will bring more speed and focus to the company and its partners. A bicycle industry veteran, Frehner began his career in the bicycle industry as an attorney and Human Resources Director with QB
Kellwood Sees Operational Improvements in Q4
Kellwood Company Q4 net sales totaled $491.9 million, as compared to $446.5 million in the fourth quarter last year. Net earnings from continuing operations were $6.5 million, or 25 cents per diluted share, versus $4.1 million, or 16 cents per diluted sha
Cutter and Buck Fiscal Q3 Hurt by Litigation, Last Year’s Discontinued Product…
Cutter & Buck Inc. posted a sales decrease for the fiscal third quarter, which paired with an increase in SG&A expenses to cause the company’s net income to fall. On a conference call with analysts, the company noted that the decrease in sales comes as a
Life Fitness Inks iPod Deal
Life Fitness, a division of Brunswick Corporation, said it plans to offer seamless integration with Apple Inc.’s iPod players in several of its upcoming products…
OIA Sets Agenda for Capitol Summit 2007
Every year, Outdoor Industry Association members gather in Washington D.C. to visit with their Representatives and Senators and lobby for issues that are important to the Outdoor Industry. OIA has held events similar to this for over a decade, but each ye
Umbro’s U.S. Business Disappoints
Umbro said its U.S. business has underperformed significantly in 2006 due to weakness at Foot Locker. Overall, sales in the U.S. were down 63.1%…
Finish Line Q4 Comps Down 5.4%
The Finish Line, Inc. saw overall net sales increase 7.5% to $429.0 million for the fourteen week fourth quarter from $399.2 million for last year's thirteen week quarter. Excluding the fourteenth week this year (approximately $24.2 million of sales)
Nordstron Februalry Comps Increase 9.1%
Nordstrom, Inc. reported preliminary sales of $546.6 million for the four-week month ending March 3, 2007, an increase of 9.5% compared to sales of $499.1 million for the four-week period ending February 25, 2006. Same-store sales increased 9.1%…
Stage Stores February Comps Increase 1.4%
Stage Stores, Inc. reported a 12.4% increase in sales for the month of February to $104.6 million from $93.1 million during the same month last year. Comparable store sales increased 1.4% versus a decrease of 0.9% last year…
Target Sees 5.7% February Comps Gain
Target Corporation saw February sales increase 10.7% to $4.13 billion from $3.73 billion for the comparable period last year. On this same basis, same store sales increased 5.7%…
Ross Stores February Comps Climb 1%
Ross Stores, Inc. sales increased 7% to $395 million for the four weeks ended March 3, 2007, from $368 million for the four weeks ended March 4, 2006. Comparable store sales for the month increased 1% over the same period in the prior year…
Canada Goose Hires Two New Sales Agencies
Canada Goose/Metro Sportswear Ltd. hired Cascade Associates as its sales agency in the Northwest U.S.A including Alaska and Meridian Sports Inc. as its sales agency in the Midwest U.S.A.
Zeal to Open Boulder Office
Zeal Optics wil establish a Boulder CO area sales office. The new sales office and showroom is the first step of a multi-year growth plan to support Zeal’s expanding sales and network of sport retailers in the US and Internationally…
Ashworth Names New CFO
Ashworth, Inc. said Eric Hohl has been appointed executive vice president, chief financial officer and treasurer, effective March 19. In this role, Hohl will be a key member of Ashworth's executive management team with responsibility for all finance
Payless ShoeSource Returns to the Black
Payless ShoeSource, Inc. reported earnings of $24.6 million, or 37 cents a share, rebounding from a net loss $5.6 million a year ago…
