SGB Update Sports & Fitness
Zumiez Continues Strong Comps Gains
Zumiez Inc. reported a 53.7% increase in sales for the month of March to $28.3 million from $18.4 million for the same period last year. The company's comparable store sales increased 17.0% for the five-week period, on top of a comparable store sales
J.C. Penney Posts 10.6% March Comps Jump
J. C. Penney Company, Inc. total department store sales increased 13.3% for March, and include results from seven new stores the company opened the first week of the month. Comparable department store sales increased 10.6%, compared to initial guidance fo
JJB Fiscal 2006 Sales Climb 8.7% on Replica Jerseys
JJB Sports reported that total revenue for the 2006 fiscal year was £810.3 million ($1.47 bn), 8.7% higher than the £745.2 million ($1.37 bn) reported in 2005. Total revenue from the Leisure Division increased 38.5%, which reflects in part the increase in
Gramicci Hires National and Global Sales Director
Gramicci apparel hired Matthew Kaseta as director of national and global sales. Kaseta, who has more than 20 years of sales and product management experience, has worked with internationally known brands including Bell Sports, Burton Snowboards, Reebok an
PPR Acquires Stake in Puma in Lead Up to Proposed Buy Out
After rumors swirled in the market late last week, Puma confirmed that French luxury goods company Pinault-Printemps-Redoute (PPR) had acquired the stake of Mayfair “Beteiligungsfondsgesellschaft” in PUMA and that the company made a voluntary public take-
Bass Pro Shops Launches RedHead Log Cabins
Bass Pro Shops has partnered with Barna Log Homes to offer an official line of RedHead log cabins. RedHead Log Cabins will be featured in Bass Pro Shops' fall catalog, beginning distribution in June…
adidas to Consolidate Distribution in Spartanburg, SC
The adidas Group will consolidate the adidas brand’s current apparel distribution center in Hebron, Ky., a footwear distribution center in Spartanburg, S.C., Reebok’s apparel distribution center in Memphis, Tenn., and Reebok’s footwear distribution center
Allied Capital Buys Minority Stake in Wear Me Apparel
Allied Capital Corp. has invested $176.5 million for a minority stake in Wear Me Apparel, a major children's wear manufacturer. Besides its proprietary brands, Wear Me Apparel also makes kids clothes under licensed brands including characters from Di
Under Armour Launches Survivor Search as Part of ‘Power in Pink’ Campaign
Under Armour will host a national search for breast cancer survivors whose stories of courage and survival illustrate why a physically active lifestyle is so vital to a healthy life with or without cancer. The search is the centerpiece of Under Armour’s 2
Rudy Project Adds to Sales Staff
Rudy Project Technically Cool Eyewear appointed industry veteran Shane Kanderis to the position of Western Regional Sales Director. Kanderis’ responsibilities will include leading Rudy Project’s Western Sales Team and working with and supporting Rudy Proj
Peak Resorts Completes Mount Snow and Attitash Deal
Peak Resorts completed the purchase of Mount Snow and Attitash resorts from American Skiing Company. The sale agreement, originally announced on February 16, includes all properties and assets of Mount Snow and Attitash resorts, for a purchase price of $
Thule Inks Promotional Deal with World’s Strongest Man Super Series
Thule, Inc. has partnered with the World's Strongest Man Super Series to launch its Professional line of contractor-grade rack systems and accessories during the Grand Opening Event of Joe's Sports, Outdoor & More in Bellevue, Washington…
Apparel Sales Story for 2006 Was About Performance…
While the women’s trend in sport footwear held the overall business in footwear in check last year, the reverse was true for the sports apparel business. Strength in the women’s sports apparel business, particularly in performance apparel, kept the overa
Stride Rite Sees More Keds Weakness Fiscal Q1…
The Stride Rite Corporation saw continued weakness in the Keds business cut into gains elsewhere for the company’s fiscal first quarter ended March 2. Net income growth still outpaced sales growth by a wide margin for the quarter, due in large part to a
Iconix Closes on Rocawear Acquisition
Iconix Brand Group, Inc. has completed the acquisition of the brand Rocawear. The purchase price for the transaction was $204 million in cash with contingent payments of an additional $35 million of Iconix stock based upon the brand surpassing certain pr
