Stage Stores, Inc.'s lowered earnings guidance and announced the resignation of its chief merchandising officer after reporting that comparable store sales decreased 0.1 percent in the four weeks ended Jan. 28. The company said a high level of promot
Month: February 2012
Stein Mart Sales Slide in Fourth Quarter
Stein Mart, Inc. today reported comparable store sales for the four-week period ended Jan. 28 decreased 3.9 percent. Total sales for the January four-week period were $60.1 million, a decrease of 4.3 percent from $62.8 million in the same period last year
PGA TOUR Superstore Owner Donates $1 Million to The First Tee
Arthur M. Blank, through The Arthur M. Blank Family Foundation, will donate $1 million to The First Tee, supporting the youth development organization's goal of reaching 10 million new young people from 2011 to 2017…
Salomon USA Set to Open its Flagship Brand Store
Salomon USA and its parent company, Amer Sports Winter and Outdoor Americas, (ASWO) announced the planned opening of Salomon’s first flagship store in the U.S. The Salomon store will be located in Salt Lake City’s City Creek Shopping Center…
The Buckle Grows Comps 7.4 Percent in January
The Buckle, Inc. reported comparable store net sales for the four-week period ended Jan. 28, increased 7.4 percent from comparable store net sales for the four-week period ended Jan. 29, 2011. Net sales for the four-week fiscal month ended Jan. 28, increa
Unifi Reports Net Loss in Second Quarter Ended Dec. 25
Unifi Inc. reported a net loss of $7.6 million, or 38 cents per share, in the second quarter ended Dec. 25, marking its first loss in more than two years. A major provider of polyester fiber to sporting goods apparel brands, Unifi said net sales for the p
Amer Sports Turns in Solid 2011 Performance Despite Disappointing Fourth Quarter
Amer Sports boosted sales by 8 percent and EBIT excluding non-recurring items by 26 percent in 2011 even as it continued to bulk up its softgoods and retail operations and move its Fitness segment back toward profitability. The gains came despite a disapp
Under Armour Amplifies Ultimate Intern Team Search
Under Armour, Inc. is building upon the success of their 2011 “Ultimate Intern” search and expanding the program to offer five college student candidates an opportunity to join the brand this summer as part of the “Ultimate Intern Team.” Students can appl
Brooks Renews Partnership with Rock ‘n’ Roll Marathon Series
Competitor Group, Inc., (CGI) and Brooks Sports, Inc. announced a multi-year, multi-category sponsorship renewal. Brooks will continue as the official footwear and apparel partner of the Rock 'n' Roll Marathon Series…
Zumiez January Comp Sales up 10.8 Percent
Zumiez Inc. reported that total net sales for the four-week period ended Jan. 28 increased 19.2 percent to $31.8 million, compared to $26.7 million for the four-week period ended Jan. 29, 2011. The action sports retailers said comparable store sales incre
Jetboil Names New Distributors for UK, Germany and Austria
Jetboil Incorporated announced new partnerships with Burton McCall Ltd. in the United Kingdom and INVIA Sportartikelvertriebs GmbH in Germany and Austria for the distribution of Jetboil products and support for it's growing brand…
W.L. Gore Expects Majority of Laminates to Be Bluesign Approved by 2015
W. L. Gore & Associates said it could increase the percentage of bluesign approved laminates it offers for consumer garments from 20 percent that are available for Fall/Winter 2013 to 50 percent in the next three years depending on the success Gore’
Shopkick Helps Drive $110M in Brick-and-mortar Sales in 2011
Shopkick, which uses a location-based shopping app to drive smartphone users into brick-and-mortar stores to help retailers counter showrooming, helped drive more than in-store revenue of $110 million in 2011 – its first full year operating the app…
La Sportiva Joins bluesign
La Sportiva North America, which introduced its technical ski mountaineering apparel line at the 2012 OR Winter Market, SIA Snowshow, and ISPO Munich tradeshows, has been accepted as a member of the bluesign program. This certifies that the company's
Asics’ Nine-Month Earnings Slip Despite 5.9 Percent Top-Line Growth
Asics Corp. reported sales rose 5.9 percent in the nine months ended Dec. 31, to ¥186.3 billion ($2.45bn). Net income dipped 2.3 percent to ¥8.76 billion ($115mm). Overseas sales increased 6.8 percent due to the steady sales of running shoes in Europe and
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