Amer Sports Corporation said net sales for the fourth quarter fell 3% to €482.8 million ($713.1mm), due largely to a 14% decline in sales of ball sports. Winter and outdoor sales rose 1% to €392.2 million ($579.3mm), while fitness sales were f
Author: Charlie Lunan
BJ’s Reports Sales Surge 13%, Comps up 2.9% Excluding Gas
BJ’s Wholesale Club, Inc. said total sales for the month of January 2010 increased by 13.0% to $742.6 million. Comp stores sales rose 2.9%, after excluding a 5.5% jump in gas sales. The strong performance cames despite the loss of Super Bowl related
Stage Stores Comps Decline 11.3% in January
Stage Stores, Inc. reported that its total sales for the four week January period ended Jan. 30, 2010 decreased 10.2% to $67 million from $75 million in the prior year four week period ended Jan. 31, 2009. Comparable store sales decreased 11.3% this year
Target’s January Sales Rise 3.6% on 0.5% Comps Growth
Target Corporation reported net retail sales for the four weeks ended Jan. 30, 2010 were $4.29 billion, up 3.6% from $4.14 billion for the four weeks ended Jan. 31, 2009. On this same basis, January comparable-store sales increased 0.5%.
Ross Stores Ups Q4 Earnings on 13% January Sales Growth
Ross Stores, Inc. upped its fourth quarter earnings estimates as it reported a 13% increase in sales for the four weeks ended Jan. 30, 2010. The discounter said same store sales for the period grew 8% over the prior year period…
Kohl’s Ups Q4 Guidance on 6.5% Comps Growth in January
Kohl’s Corporation reported today that total sales for the four-week month ended Jan. 30, 2010 increased 10.7% from the four-week month ended Jan. 31, 2009. On a comparable store basis, sales increased 6.5%. The strong performance prompted the depat
Outdoor Brands Sign on With Online Private Sale Network
Retail Innovation Group of Portland, OR said it officially launched The Clymb – an online private sale network that offer discounts up to 70% off retail on premium outdoor brands. The company said Icebreaker, Suunto, Dakine, Outdoor Research, Keen, R.E.D
FTC Warns 78 Companies to Scrutinize Bamboo Labeling
Seventy-eight companies nationwide have received Federal Trade Commission letters warning that they may be breaking the law by selling clothing and other textile products that are labeled and advertised as “bamboo,” but actually are made of ma
Canadian Study Finds Ski Helmets Don’t Increase Risk of Neck Injury
An analysis of 12 studies of ski helmet use suggests that helmets are effective in reducing the risk of head injury among skiers and snowboarders and found no significant association between helmet use and an increased risk of neck injury, according to an
Half of Washington Drivers Paying Optional Parks Fee
Just over half of drivers in the State of Washington are paying an optional $5 fee when renewing their vehicle licenses to help support state parks, reported The Seattle Times…
Retirement Prompts GMM Promotions at Bon-Ton Stores
The Bon-Ton Stores, Inc. promoted two buyers into SVP/GMM slots in the wake of the retirement of its SVP and GMM for center core and children's. The appointees will report to Tony Buccina, Vice Chairman, President – Merchandising.
Marker Völkl Group Sales Looking Up in 2010
The Marker Völkl Group is on track to increases sales in key markets this winter season, according to a statement released by the company in Europe this week between trade shows…
Renewing Hope for Haiti Act Seeks To Bolster Haitian Apparel Sector
In an effort to give Haiti a badly needed economic boost in the wake of last month's devastating earthquake, U.S. Senators Ron Wyden (D-Ore.) and Bill Nelson (D-Fla.) introduced legislation Tuesday to rebuild the country's apparel industry, whic
Footbalance Gains Euro 7M Equity Investment
Scope Growth II L.P, a Swedish private equity firm, has invested €7 million ($9.8M) to become a large shareholder in the Finnish company Footbalance System Ltd. The investment enables Footbalance to build on its custom insole concept already availab
OIA Lauds Obama’s 2011 Budget
Outdoor Industry Association (OIA) thanked President Obama for his continued focus on recreation and conservation funding and key youth initiatives; and a new commitment to helping U.S. companies sell their goods in markets overseas…
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