Aldila, Inc. saw net sales fall 22.5% to $10.6 million in the second quarter from $13.6 million in the year-ago period. The company's net loss for the period widended to $627,000, or a 12 cents loss per share, for Q2, comapred to a net loss of $523,
Author: James Hartford
NexCen Extends TAF Licenses for Australia and New Zealand
NexCen Brands, Inc., through a new wholly owned subsidiary, TAF Australia, LLC, has signed new long-term license agreements with RCG Corporation Ltd. and its subsidiary, The Athlete’s Foot Australia Pty Ltd., previously the master franchisee for TAF in Au
GSI Commerce to Offer 1.8 Million Shares of Common Stock
GSI Commerce Inc. announced a registered public offering of 1,811,150 shares of common stock to be sold by the company and 8,188,850 shares of common stock to be sold by selling stockholders…
The Buckle Sees Comp Store Growth Moderate in July
The Buckle, Inc. reported that comparable store net sales for the four-week period ended August 1, 2009 increased 2.8% from comparable store net sales for the year-ago period…
Stage Stores Reaffirms Q2 EPS Guidance; July Comps Down 11.9%
Stage Stores, Inc. reported that comparable store sales for the four-week July period ended August 1 decreased 11.9% this year on top of a decrease of 6.2% last year…
Nordstrom Sees Comp Sales Decline for July, Anniversary Sale
Nordstrom, Inc. reported a 6.9% decrease in same-store sales for July compared with the comp month in fiscal 2008. Full-line same-store sales performance for the first 16 days of the Anniversary Sale, which began Friday, July 17th, declined 6.6% compared
Dillard’s July Camps Fall Double-Digits
Dillard’s, Inc. reported that merchandise sales in comparable stores decreased 12% for the four-week July period ended August 1. Sales were slightly above the average total company trend in the Eastern region, slightly below trend in the Central region a
Ross Stores Expects 50% Q2 EPS Jump After 4% July Comp Sales gain
Ross Stores, Inc. reported that rose 4% on top of a 4% gain in the prior year. Sales for the four weeks ended August 1 increased 8% to $538 million from $499 million for the year-ago period…
Adidas Group Net Income Falls 93% on Lower Sales, Margins
Adidas Group sales declined 8% on a currency-neutral basis in the second quarter of 2009 due to sales declines in all segments with the exception of TaylorMade-adidas Golf, which got a boost from the inclusion of Ashworth this year. Currency-neutral adida
adidas AG Shifts Board Responsibilities
Following the already announced structural changes on a brand, regional and market level, the adidas Group will now separate the responsibility between global brand and global sales management on the Board level…
Skechers Sets New Mandatory Minimum Resale Prices on Shape-Ups
In a letter to retailers sent earlier last week, Skechers USA President Michael Greenberg referenced a letter sent to all retail partners in January in which a $100 per pair minimum resale price for Shape-Ups was established. The latest letter, dated Jul
Sportsman’s Warehouse to Emerge from Chapter 11
Sportsman's Warehouse Inc. said it plans to emerge from bankruptcy by August 15 and will continue to operate 26 stores in 14 states. The reorganized company will be led by new CEO John Schaefer. Schaefer, who was formerly CEO of Team Express, also s
PPR: Puma Second Quarter Sales Rise 4.4%
Puma AG's sales rose 4.4% to €595 million ($810 million) during the second quarter on a reported basis, according to the quarterly report of its parent, French-based luxury and retail conglomerate PPR SA…
Converse Nears Billion Dollar Mark Under Nike, Inc. Umbrella
Converse widened its gap over the other brands in the Nike, Inc. subsidiary portfolio for the fiscal year ended May 31 and looks to be poised to reach the billion dollar mark in the current year. Converse posted a 12.6% increase in revenues for the fisca
Dick’s Sporting Goods Picks Up More Joe’s Locations
Dick's Sporting Goods' efforts to expand its presence in the Northwest is moving rather rapidly, according to a number of published reports and former Joe’s Sports & Outdoors management attending the OR Summer Market. To date, DKS had only been