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
Author: James Hartford
Head NV Sees H1 Loss Widen on Lower Sales, Global Economy
Head NV and HTm Sport GmbH, a subsidiary of Head NV, reported that overall, sales for the group declined by nearly 1.4 percent for the first six months of the year. The net loss for the six months increased by €1.8 million…
Lafuma Adds New Southeast Rep
Lafuma has hired Lee Means to represent the outdoor category in the Southeast.
GoLite Footwear Looks to Reduce Delivery Time with New Warehouse
GoLite Footwear has moved their warehouse to Barrett Distribution Center in Fairfield, CA in a move that will enable the company to deliver orders up to two weeks sooner than before…
NRF: Import Cargo Remains Down, But Uptick Seen for Holidays
Import cargo volume at the nation’s major retail container ports will remain below last year’s levels for the remainder of the summer before seeing year-over-year gains again this fall as retailers begin to stock up for the holiday season, acc
Easton Bell Adds Corporate Communications Chief
Easton Bell Sports recently hired Kimberly-Clark veteran Laura Moore as SVP of corporate communications…
New Balance Opens First North American Experience Store
New Balance on Thursday opened its first North American Experience Store in New York City's Flatiron District. The store, located at the corner of Fifth Avenue and 20th Street, features a Mondo running track and a unique Demonstration Area where New
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…
China Retail Sales Increase Double-Digits in July
Retail sector sales in China's grew 17.2 percent to 1.44 trillion yuan ($222 billion) in July from a year earlier, the National Bureau of Statistics announced Tuesday…
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
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…
Brown Shoe Announces Key ASG Management Hires
Brown Shoe Company, Inc. has made four strategic additions to the leadership team within its American Sporting Goods (ASG) division, appointing Jim Hoff as VP sales across all ASG brands, Alan Vickers as VP international, Brad Little as VP & brand manage
Heelys Posts Q2 Loss on 5.2 Percent Sales Decline
Heelys, Inc. reported that net sales decreased5.2 percent to $8.3 million for the three months ended June 30 from $8.8 million for the three months ended June 30, 2010. Domestic net sales increased $517,000, from $2.2 million for the three months ended Ju
Nautilus Inc. Narrows Q2 Loss on Improving Sales
Nautilus, Inc. reported that net sales for the second quarter rose 13.3 percent to $34.7 million, as compared to net sales of $30.6 million for the same quarter in 2010. The loss from continuing operations was $2.2 million, or a loss of 7 cents per dilute
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