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February 08, 2012 Lower Prices, Higher Cotton Costs Weigh on Gildan in Q1
The net loss was $46.1 million against a profit of $35.9 million in the first quarter ended Jan. 1, in line with the Montreal company’s revised estimates outlined in December. Warm Winter Impacts Comps, Margins at Sport Chalet
The regional specialty chain reported a third quarter net loss of $1,038,000 against a loss of $861,000 for the period ended Jan. 1. Total revenues grew 1.5% to $97,223,000 from $95,828,000 despite a 2.0% decline in same store sales. Central Europe Private Equity Firm Acquires Marin Bikes
The 26-year-old, privately-held bicycle company will continue to operate from its Novato, CA, headquarters and continue to distribute its range of approximately 90 products to IBDs and select sporting goods retailers in the U.S. and 46 countries worldwide. Report: Number of Suitors for Collective Brands Narrowed
The field of potential buyers for the parent of the Payless retail chain, Saucony, Sperry and Stride Rite brands has been halved to 10, according to a Bloomberg report. British Olympic Association Will Enforce Adidas Footwear Rule on Podium
Such enforcement, according to a report in the U.K.’s The Daily Telegraph, could result in top Brits competing in the London Games this summer going barefoot on the winner’s podium if they capture a medal. Etcetera: Nike, BIC Sport, Arena N.A./Skins Intl., Bridgestone Sports, Saucony
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