Nordstrom Inc. Q2 Net Jumps 20 Percent on Strong Comps Increase
Nordstrom, Inc. reported net earnings of $175 million, or 80 cents per diluted share, for the second quarter ended July 30. Second quarter same-store sales increased 7.3 percent and net sales increased 12.4 percent to $2.72 billion for the period. Nordst
Kohl’s Reports Q2 Profit, Sales Up
Kohl’s Corporation reported second quarter diluted earnings per share increased 30 percent to $1.09. Net income for the quarter was $303 million, compared with $260 million ($0.84 per diluted share) a year ago. Net sales were $4.2 billion, an increa
Outdoor Retailer Summer Market Sets Multiple Records
Approximately 25,000 retailers, exhibitors and media closed out a record-breaking Outdoor Retailer Summer Market August 4-7 in Salt Lake City, Utah. Just two years after the Great Recession and amidst growing economic anxiety, the show set records for net
Advocacy Advance Grants $100,000 for Bike Projects
In line with a goal to double federal funding for biking and walking, Advocacy Advance is awarding $100,000 in direct grants to four bicyling advocacy organizations. Recipients will use the grants to tap into federal funding streams and build their politi
SpendingPulse: Inflation Helped Boost Retail Sales by 8.7 Percent in July
Excluding auto sales, retail sales in July grew by 8.7% year-over-year, according to MasterCard Advisors’ SpendingPulse, a macroeconomic report tracking national retail and service sales. Much of that growth, however, reflects commodity based inflat
High Gear Signs on as Official Timing Sponsor of Nor’easter
Highgear, a division of Implus, has partnered with Eastern Mountain Sports (EMS) as the official timing sponsor of the 2011 Nor’easter, which will take place September 23 – 25, 2011 in Burlington, VT…
Lafuma Adds New Southeast Rep
Lafuma has hired Lee Means to represent the outdoor category in the Southeast.
Easton Bell Adds Corporate Communications Chief
Easton Bell Sports recently hired Kimberly-Clark veteran Laura Moore as SVP of corporate communications…
Maier Sports GmbH Acquired by Investment Firm
Germany-based company Maier Sports GmbH & Co. KG and its brands Maier Sports and Gonso have been acquired by Findos Investors, which plans to expand both brands, according to media reports…
Easton-Bell’s Q2 Sales Up 4.5 Percent on Team Sports Strength
Easton-Bell Sports, Inc. had net sales of $211.9 million for the second quarter of fiscal 2011, an increase of 4.5 percent compared to the second quarter of fiscal 2010. Action Sports net sales fell 2.3 percent on a constant currency basis due to lower tr
Adidas Group China Strategy Looks to Smaller Cities for Growth
A report from the China Daily newspaper cites comments from Adidas Group China Managing Director Colin Currie regarding the company’s plans to expand “aggressively” into lower-tier cities in China…
U.K. July Retail Sales Growth Weakens
The British Retail Consortium reported that U.K. retail comp store sales increased 0.6 percent in July on top of a 0.5 percent in July 2010. Total sales were up 2.5 percent on top of a 2.6 percent increase in July 2010. The BRC warned that much of July&#
Johnson Outdoors Sees Sales and Earnings Declines in Fiscal Third Quarter
Johnson Outdoors Inc. saw lower sales and earnings for the fiscal third quarter ended July 1, declines the company attributed to a slow-down in outdoor recreational market recovery during the period. Johnson Outdoors said significant growth during the fi
Life is Good to Launch Game and Toy Line in Fall 2012
The Life is good Company, the Boston-based apparel and lifestyle brand has entered into a multi-year licensing agreement with Synergy Sportz (d/b/a Yukon Charlie’s) to produce and distribute a wide variety of Life is good branded games and toys in t
Whistler Blackcomb Skier Visits and Ticket Prices Reach Pre-Olympic Levels
Whistler Blackcomb Holdings Inc. reported financial results for the fiscal 2011 third quarter ended June 30, 2011, generating revenues of CN$186 million and net earnings of CN$38 million, or CN$1.00 per common share…
