PacSun, Zumiez Comps Fall, The Buckle Remains Strong
Pacific Sunwear of California reported that total PacSun sales for fiscal month of November declined 8% to $101 million versus total sales of $110.2 million in the year ago period. PacSun same-store sales decreased 10% during the same period.
Eddie Bauer, The Walking Company to Carry Ahnu
Ahnu Footwear has formed two new retail partnerships that will send the brand past the 800-retailer milestone in spring 2009. Both The Walking Company and Eddie Bauer will begin carrying Ahnu…
Puma Acquires Stake in Dobotex
Puma AG will take a majority stake in Dutch company Dobotex as of January 1, 2009. In a brief statement, the company, based in Herzogenaurach, Germany, did not indicate the size of the stake or the terms of the deal…
SRAM Cycling Fund Makes First Donation
The SRAM Cycling Fund has made a $200,000 contribution to the Safe Routes to School National Partnership. This is the first award made by SRAM's Cycling Fund that was created on Sept. 30, 2008. During the next five years, the Fund plans to award $10
Adidas Buys Sensor Company
Physic Ventures announced that adidas International, Inc. has acquired Textronics, Inc. a developer of wearable sensors for use in fitness monitoring…
Marc Ecko Looking to Buy MMA Properties
According to iguillotine.com, Marc Ecko Enterprises is the leading bidder for ProElite, Inc., which produces MMA shows and owns the EliteXC MMA brand. The article claims MEE hopes to inherit ProElite’s television contracts with both CBS and Showtime…
Precor Building Plant in North Carolina
Precor Inc. will invest $26.2 million to build a manufacturing facility in Greensboro, NC that will create 142 jobs during the next three years…
Dillard’s Sees Comps, Total Sales Fall in November
Dillard’s, Inc. merchandise sales for the four weeks ended Nov. 29, 2008 were $505.8 million compared to sales for the four weeks ended Dec. 1, 2007 of $559.2. Total sales decreased 10%. Sales in comparable stores decreased 9% for the four-week period. Sa
Nordstrom’s November Sales off 12.1%
Nordstrom Inc. estimates its sales for the four-week period ended Nov. 29 fell 12.1% on a 15.9% decline in comps, due in part to the timing of the Thanksgiving weekend. Preliminary figures indicate year-to-date sales are down 6.2% on an 8.6% comp decline.
Flip Skateboards Finalizes Buy-Out
Flip Skateboards, Inc. announced that it has finalized a buy-out deal from a long term distribution agreement with Blitz Distribution, Inc., and effective immediately has relocated the sales and distribution of the brand to NHS, Inc., in Santa Cruz, Calif
MEC Buys Store Building
Mountain Equipment Co-op (MEC) has purchased the Portage Avenue building that houses its Winnipeg store from Centre Venture, the city's downtown development agency. The Canadian outdoor retailer bought the 20,000-square-foot building for $2.35 millio
Puma Forms UK Team Sports Alliance
Puma has teamed up with Genesis Group International Ltd., its exclusive licensee for pro teamsports in the UK and Ireland, to target grassroots football and rugby teams through a new website www.thekitteam.com…
Billabong Cuts EPS Forecast on Weakening US Sales
Billabong International Limited nearly halved its guidance on EPS growth for fiscal 2008-09, citing further deterioration in consumer sales, primarily in the United States. The world's largest publicly traded surf company said forward orders remain g
Nordstrom’s Fined Over Kid’s Hoodies
Nordstrom Inc. has agreed to pay a $60,000 civil penalty to settle allegations that it knowingly failed to report to the Consumer Product Safety Commission immediately, as required by federal law, that its children's hooded jackets and sweaters were
Sportsman’s Warehouse HQ Likely to Remain in Utah
The Canadian agricultural co-op that has signed an MOU to buy Utah-based Sportsman's Warehouse expects to eventually combine the chain with a Canadian chain it bought earlier this year under a single brand, according to a report by New West. Expansio
