SGB Update Sportsmans
Cloudveil Appoints New Sales Positions
Cloudveil has named James Samuel to a new position, Director of Global Sales, while Ned Hutchinson assumes North American Sales Management responsibilities…
Hibbett Sports Q1 Profits Up on Comp Sales Gain
Hibbett Sports, Inc. net sales increased 8.1% to $157.7 million for the fiscal first quarter ended May 2, compared with $145.8 million for the year-ago period. Comparable store sales increased 2.4% for the quarter. Net income increased 16.4% to $10.9 mill
Gregory L. Quesnel Joins Ross Stores Board of Directors
Ross Stores, Inc. said that Gregory L. Quesnel has been elected to its Board of Directors effective immediately…
PacSun Narrows Q1 Loss Despite Double-Digit Comp Declines
Pacific Sunwear of California, Inc. saw net sales decline 16.3% to $223.5 million for the fiscal first quarter ended May 2 versus the year-ago period and total company same-store sales decreased 18% during the period. The retailer posted a net loss of $8
Stage Stores Sees Q1 Loss with 14% Decrease in Comp. Inventory
Stage Stores, Inc. reported a net loss for the first quarter ended May 2, 2009 of $0.9 million, or 2 cents per diluted share, compared to net income of $2.3 million, or 6 cents per diluted share, for the prior year first quarter ended May 3, 2008…
Q1 Profits at TJX Rise 8% on 1% Sales Gain
The TJX Cos., parent of the T.J. Maxx and Marshalls stores, reported an 8% increase in fiscal first-quarter profits to $209.2 million, or 49 cents a share, from $193.8 million or 43 cents, a year ago, thanks to increased shopping traffic and some cost cut
Shimano Reduces Full Year Outlook after Q1 Sales Decline
Shimano, Inc. reported that revenues for the first quarter declined in double-digits, but net income improved thanks to a boost in non-operating income and lower taxes. Net revenues fell 18.9% to ¥45.1 billion ($483 mm) for the period ended March 31, com
Bike Industry Wins Two-Year Stay on Lead Law
The Consumer Product Safety Commission last week denied the bike industry’s petition to exclude children’s bikes from a strict new lead law but granted a two-year stay of enforcement, giving manufactures a bit of breathing room to figure out how to best c
Bike Industry Wins Two-Year Stay on Lead Law
The Consumer Product Safety Commission last week denied the bike industry’s petition to exclude children’s bikes from a strict new lead law but granted a two-year stay of enforcement, giving manufactures a bit of breathing room to figure out how to best c
Heelys to Stay Independent; Domestic Business Halved in Q1
Heelys Inc. has completed a strategic review of its options and has decided to continue to go at it alone in the market. The Board of Directors reportedly looked at alternatives to acquire other brands-or to be acquired-and decided to stay focused on tur
Russell Athletic Provides Colleges with More Insight on Labor Disputes
Months after having its name tarnished on a weekly basis on college campuses across the country, Russell Athletic is stepping up to address critics regarding allegations of sweatshop conditions and anti-union practices at its plants in Honduras…
Gildan’s Q2 Net Plummets on Lower Sales, Weaker Margins
Gildan Activewear's earnings plunged 81.1% to $7.1 million, or 6 cents a share, in the second fiscal quarter ended April 5, compared to $42.1 million, or 35 cents, in the year-ago period. Sales declined 6.7% to $244.8 million from $293.8 million a ye
Moosejaw Mountaineering Launches Mobile Version of Website
Moosejaw Mountaineering has launched a new mobile version of its website, http://m.moosejaw.com. Moosejaw’s new mobile service allows shoppers to use any smartphone to browse Moosejaw’s catalog, price compare, read customer reviews and view customer produ
Bushnell to Acquire C’eb’e
MidOcean Partners, a middle market private equity firm, and Bushnell Outdoor Products said that Bushnell has acquired the C'eb'e brand from Marcolin S.p.A., which is listed on the Milan Stock Exchange. The terms of the purchase agreement were no
FIFA/Kappa Licensee Establishes Offices in New York and L.A.
Total Apparel Group, Inc., which was recently selected as the official U.S. Master Distributor of FIFA and FIFA World Cup licensed product, has opened new locations in New York and Los Angeles. In an effort to manage the sales and marketing requirements f
