SGB Update Footwear
Sears Names EVP Apparel Design
Sears Holdings Corporation named Lisa Schultz as executive vice president, Sears Holdings Apparel Design, a new position. In this new role, Schultz will have responsibility over all of Sears' and Kmart's apparel design teams. She will report to
Foot Locker, Inc. Sees Positive Trend in Europe…
Foot Locker, Inc. looked to a fresh management team in Europe to deliver some light at the end of the tunnel in the third quarter in a region that is keeping both retailers and vendors up at night. The team, led by former Lady Foot, And 1, and Footaction
Declining Mercury Pushes October Retail Comps Higher…
A shift in weather patterns to more seasonal temperatures in mid-October appeared to be the driver for an October at retail that surprised and even shocked some of the most optimistic prognosticators of retail trends. According to a monthly survey of 71
Warnaco Inc. Gets Help from Swimwear Group on Third Quarter Top Line…
Warnaco Inc. posted slight sales increases and a strong net income gain in the third quarter as the company’s Swimwear Group, which includes Speedo, Ocean Pacific, and other designer brand swimwear, offset lackluster sales in the other divisions. Revenues
prAna Acquisition Puts Claiborne in Outdoor…
In 1993, after gaining brand building experience by launching Spy Optics – which is now a public company of its own – Beaver Theodosakis started a new apparel company with his wife, Pam, and business partner, Demian Kloer. The group named the company aft
Pearl Izumi Delivers Upside to Nautilus Q3; Channel Shift Hurts Margins…
Nautilus Inc. saw a boost from three out of four distribution channels during the third quarter as well as the acquisition of Pearl Izumi and subsequent formation of the Nautilus Apparel Group. But the gains were partially offset by chaotic consumer spen
Blacks Leisure Sees Profit Jump in Outdoor Business…
Blacks Leisure Group reported total group sales for the company’s first half ended August 31, 2005 inched up 1.1% to £140.0 million ($257.3 mm) from £138.6 million ($252.2 mm) for the first half of 2004. The retail group raised its margins 390 basis poin
adidas Group Picks Up More Momentum in U.S. Market…
adidas shrugged off a number of questions about its planned acquisitions of rival Reebok International, instead focusing its attention last week on its continued positive trend in North America and a surging Asia/Pacific market. The company, which divest
Bike Sales Fall at Pacific Cycle in Spite of Gas Price Hike…
Dorel Industries reported that third quarter revenue in its Recreational/Leisure Segment decreased 33.7% to $70.8 million compared to last year's $106.8 million. Earnings from operations dropped 57.4% to $6.3 million compared to $14.7 million last ye
American Skiing Co. Fiscal Year Net Loss Widens Despite Strong Season…
American Skiing Company’s 2005 fiscal year revenue fell 2.7% to $276.5 million, compared with $284.1 million in fiscal 2004, primarily due to shortfalls in real estate sales. Resort revenue grew 6.6% to $267.3 million versus $250.7 million for fiscal 2004
The Sportsman’s Guide Sees Margin Improvements Help the Bottom Line…
The Sportsman's Guide, Inc. anniversaried its acquisition of The Golf Warehouse in its most recent quarter, with total net sales of $61.5 million, compared to $57.0 million for last year's third quarter. The nearly 8% increase in consolidated ne
Acushnet Expects Dip in Q4; Full Year Still on Track…
The Acushnet Golf division of Fortune Brands, Inc. reported a 3.3% increase in third quarter sales to $278.4 million from $269.6 million in the year-ago quarter. Operating income for the division, which includes the Titleist, Footjoy, Pinnacle, and Cobra
Nordic Walking Expansion Efforts Slow Exel’s Profits…
The Exel Group’s Sport division saw net sales declined slightly due to increased competition in the Nordic walking market in Europe, while profits took a hit from their investment in expanding the category into China, Japan, and North America. Third quart
Delta Apparel Gets Fiscal Q1 Boost from Junkfood
Delta Apparel, Inc. reported net sales rose 11.6% to $60.6 million for the fiscal first quarter ended October 1, compared to $54.3 million in the prior year's first quarter. The increase was driven by the inclusion of Junkfood Clothing, which was ac
adidas Sees Growing Momentum in Q3; Lifts 2005 Outlook
adidas Group reported that third quarter net sales increased 8% on a currency-neutral basis with improvements coming from brand adidas in all regions except Europe, where sales remained stable. In euro terms, sales grew 9% to €1.92 billion ($2.35 bn) in 2