Sponsors
Billabong ▼ -0.005 | PPR ▼ -5.05 | American Apparel ▼ -0.030 | The Buckle ▲ +0.12 | Columbia ▼ -0.26 | Deckers Outdoor ▼ -4.38 | Dicks ▼ -0.36 | Foot Locker ▼ -0.58 | Genesco ▼ -0.60 | Iconix Brand Group ▼ -0.46 | Jarden Corp ▼ -0.45 | Nordstrom ▼ -0.45 | Luxottica ▼ -0.41 | Nike ▼ -1.29 | Pacific Sunwear ▼ -0.05 | Skullcandy ▼ -0.07 | Sport Chalet - 0 | Urban Outfitters ▼ -0.30 | VF Corp ▼ -0.06 | Quiksilver ▼ -0.11 | Zumiez ▼ -0.27 | Macys ▼ -0.05 | Tillys ▼ -0.02 |
Ticker Sponsor
Readers Say
I waited too long to sign up for Executive Edition
I waited too long to sign up for Executive Edition

I read Shop-Eat-Surf at every opportunity, and I waited too long to sign up for the Executive Edition. It’s timely, relevant and clearly “from the industry, for the industry.

- By Andy Laats, President, Nixon
Executive Edition rules
Executive Edition rules

“Shop-Eat-Surf” is now officially, the first stop in the morning for industry news. Accurate reporting, no sensationalism, and just the facts. Refreshing support to an incredible industry with a very bright future. Tiffany has cemented her role in the industry....the site is thought provoking, and inspirational. Learning the stories of others is incredibly useful. Great way to connect the retail community with the wholesale and financial, instantly and nationwide. ... And the Executive Edition rules.

- By Bob Hurley, Chairman, Hurley International
Industry Insight

New business info and advice from QCS GRAPHICS, PROCOPIO, SHACC and FSG LAWYERS.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Journeys, Foot Locker comment on skate

By Tiffany Montgomery
November 26, 2008 6:22 AM

Skate shoes were a major driver of Journeys 4 percent comp increase in the third quarter, executives from parent company Genesco said during an earnings conference call yesterday.

The company believes skate and women's boots are a key advantage for Journeys heading into the holiday season. The company expects Journeys comps in the fourth quarter to range from down low-single digits to up low-single digits.

Genesco CEO Bob Dennis said during the conference call that skate will continue to be a key category for Journeys for spring.

Journeys will have 819 stores by the end of its fiscal year.

In other skate news, Foot Locker executives commented last week during the company's earnings conference call on its purchase of online skate retailer CCS.

Here's what Foot Locker CEO Matthew Serra said about the purchase according to the Seeking Alpha transcript:

"FootLocker.com is expected to be able to contribute meaningfully to CCS's profitability by integrating most of CCS's operational needs within their well-run and solid infrastructure. CCS is the leading retailer in the US that sells skateboard footwear, apparel, and accessories, through the Internet and catalogues.

"Through this acquisition we acquired a strong management team that have strong relationships and proven experience in merchandising the action and extreme sports product categories.

"Our plan is for the CCS team to continue to manage the CCS business and report to our CEO at FootLocker.com/Eastbay thereby enhancing our ability to gain the full operating efficiencies of our existing direct to customer business.

"We expect that this acquisition will be accretive to our company during 2009."

 


Articles You Might Have Missed