SGB Executive

Fila Extends Bonds Deal; Partners with Footaction on Show Launch

Fila has extended its endorsement agreement with baseball star Barry Bonds through 2006. The deal with Bonds represents will enable Fila to expand its cross-training business with Footaction, debuting an exclusive Bonds product launch there during the Al

Pacific Sunwear Q1 Profits Jump 142% on 22.6% Sales Increase

Pacific Sunwear of California Inc. reported net income for the first quarter of fiscal 2003 increased 142% to $8 million, compared with $3.3 million for Q1 2002. Total sales for the quarter were $198.3 million, an increase of 22.6% over total sales of $16

LaCrosse Narrows Q1 Loss as Sales Decline 12.9%

LaCrosse Footwear, Inc. reported net sales for the first quarter ended March 29, 2003 decreased $2.9 million, or 12.9%, to $19.9 million from $22.8 million for the same period in 2002. The net loss for the quarter was $0.6 million, or $0.11 per share, com

Hilfiger Prevails in Suit Against Goody’s

A U.S. District Courtin Georgia has awarded Tommy Hilfiger damages in the amount of approximately $11 million plus attorney's fees and costs in its action against Goody's Family Clothing. The award consists of $2.1 million in damages for the sa

Fila Sees U.S. Q1 Decline Despite Apparel Strength

Fila Holding S.p.A. reported Worldwide revenues for the first quarter were EUR206.2 million, down 20% (-10% in constant currency) from EUR258.7 million in the corresponding period of 2002. Sales in the U.S. were EUR75.8 million in the quarter, decreasing

Footstar to Delay First Quarter 10-Q Filing

Footstar, Inc. on Friday said that, based on the ongoing review of its financial statements by its external auditors, KPMG LLP, the Company will not file its Quarterly Report on Form 10-Q on May 13, 2003, when it is otherwise due…

Gart Lowers Q1 EPS Outlook; Comps Down 8.8%

Gart Sports Company now expects to report first quarter fiscal 2003 net sales of approximately $228 million, compared to $245 million for the same period last year, and a same store sales decline of 8.8% for the quarter, compared to a 5.5% increase for th

SIA Trade Show Commitee Aligns on Show Dates

The SnowSports Industries America (SIA) Trade Show Committee met last week to review initial plans for the next SIA SnowSports Show that will take place January 26-29, 2004, at the Mandalay Bay Convention Center in Las Vegas. It will be preceded again nex

Layne Rigney to Lead Franklin Resource Sales Effort

Franklin Resource Group has hired industry veteran Layne Rigney as VP of Sales and Marketing. Rigney brings over twelve years of experience in the sporting goods, outdoor, and cycling markets. Rigney is joining Marty Lillis' Franklin Resource Group

The Hockey Company Posts Q1 Profit on 10.6% Sales Gain

The Hockey Company reported first quarter net sales grew by 10.6% in the three months ended March 31, 2003 to $37.8 million from $34.2 million in 2002. Net income for the three months ended March 31, 2003 was $1.7 million compared to a $3.0 million net l

Value City April Same-Store Sales Increase 2.0%

Value City Department Stores, Inc. announced total sales for the four weeks ended May 3, 2003, increased 6.8% to $205.8 million from $192.8 million for the four weeks ended May 4, 2002. The company's same store sales increased 2.0% for the four week

Ross Stores April Comps Decline 1.0%

Ross Stores, Inc. reported sales of $289 million for the four weeks ended May 3, 2003, a 9% increase above the $264 million in sales for the four weeks ended May 4, 2002. Comparable store sales for the month declined 1% compared to an 8% increase in the p

Payless April Same-Store Sales Down 4.8%

Payless ShoeSource, Inc. reported that same-store sales decreased 4.8% during the April reporting period, the four weeks ended May 3, 2003. Company sales totaled $251.5 million, a 5.2% decrease from $265.4 million during fiscal April of last year…

May Company April Comps Decrease 5.6%

The May Department Stores Company reported preliminary net sales of $967.4 million for the four-week period ended May 3, 2003, a 3.8% decrease from $1.01 billion in the similar period last year. Store-for-store sales decreased 5.6%…