Nau Inc. was one of the highest profile sustainability stories in the apparel industry when it announced May 3 it was winding down because it could not raise more money. The irony was not lost on Ian Yolles, the architect of the company's widely adm
Author: Charlie Lunan
PacSun Sales and Comps Climbed in April
PacSun said same store sales increased 4% in the fiscal month of April on a 5% increase in sales at its PacSun division. The company said total sales for its first quarter dipped slightly on a 1% decline in same-store sales. It said it expected to earn 17
Stein Mart Cites Calendar for 3.2% Comp Store Increase
Stein Mart Inc. said its comp store sales rose 3.2% in fiscal April, largely because of shifts in the calendar and a special promotion, but warned daily sales continue to trend substantially below last year. For the first quarter, for instance, comp store
Bon Ton Comps Dip on 1.3% April Sales Decline
The Bon-Ton Stores, Inc. said comparable store sales for the four weeks ended May 3, 2008 decreased 0.9% compared to the prior year period. Total sales for the four weeks decreased 1.3% to $209.2 million compared to $211.9 million for the prior year perio
Dillards Revenues Fall 3%, Comps Down 4%
Dillard’s, Inc. reported a 4% decline in same store sales during the four weeks ended May 3, 2008 on a 3% decline in total sales to $476.8 million. For the quarter ended May 3, comp store sales were down 6% on a 5% decline in total sales. Sales in the hom
Target Sales Rise 9.0% in April as Comps Climb 3.1%
Target Corporation reported a 9.0% increase in net retail sales, which were helped by a strong 3.1% rise in comp store sales. The discount retailer said the impressive performance fell short of goals, but showed marked improvement over the combined March/
TJX Comps Rise 8% with Arrival of Warm Weather
Discounter TJX Companies upped its earnings guidance after reporting sales rose 12% in the four weeks ended May 5 on an 8% increase in comp stores sales. The company said business improved “dramatically” with the return of warm weather…
Kohl’s Ups Guidance as Sales Spring Back
Kohl’s Corporation reported a 12.0% rise in sales for the four-week period ended May 3, 2008 and said comp store sales rose 3.5% during the period, but nearly all the improvement was due to a shift in the calendar. Still, the department store retailer sai
Heavy Promotions Boost Saks’ Comps by 24%
Luxury department store retailer Saks Inc. reported a 23.9% increase in comp store sales, but said it came at the cost of cannibalizing May sales by accelerating clearance events. The company said the heightened promotions will hurt its first quarter marg
Backcountry.com Still Thriving at Liberty Media
The acquisitions of Backcountry.com and Bodybuilder.com helped propel revenue and operating cash flow growth of 113% and 144%, respectively at Liberty Interactive Group's e-commerce group for the quarter ended March 31, 2008, Liberty Media Corporatio
Eddie Bauer Squeaks Out Mild Comp Gain
Eddie Bauer Holdings, Inc. squeaked out an 0.5% increase in same store sales on a 3.9% growth at its retail stores and a 3.1% decline at its outlet stores. The company said its first quarter loss was reduced to $19.3 million from $44.8 million a year ago.
Snowsport Sales up 10.4% in 2007-08 Season
The snow sports products market grew by $280 million to reach $2.97 billion for the 2007.08 season, up 10.4% from approximately $2.69 billion in all channels last season, according to the latest SIA survey. Equipment sales were relatively flat in specialt
Lance’s Bike Shop to Open in Austin this Weekend
Lance Armstrong is expected to celebrate the grand opening for his Mellow Johnny bike shop in downtown Austin, Texas Saturday. The 18,000-square foot store will include locker rooms for commuters, a training facility and a cafe where visitors can sip java
InnoVision Headwear Partners with Boa Technology
Toronto-based InnoVision Headwear, Inc. has partnered with Boa Technology to bring its microadjustment technology to headwear. IV Headwear said the system allows wearers to instantly micro-adjust the fit of their headwear when they encounter high winds. T
Crocs Profits Plunge Despite 40% Hike in Sales
Crocs Inc.'s net income plunged nearly 70% to $7.6 million in the quarter ended March 31, after excluding a one-time $12.1 million charge for shutting down a factory in Canada. The company said sales increased nearly 40% to $198.5 million thanks larg
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