Brown Shoe Company, Inc. has entered into a joint venture with Hongguo International Holdings Limited (Hongguo), one of China's leading footwear companies, to begin marketing footwear in China. Over the next five years, the two companies expect to o
Author: James Hartford
Census Bureau Confirms Strong May Retail Estimates
The U.S. Census Bureau reported that advance estimates of U.S. Retail industry sales for May (which exclude automobiles, gas stations, and restaurants) rose 4.9% unadjusted over last year and 1.5% seasonally adjusted from April. The report estimates that
Pacific Sunwear Cuts COO Position; Realigns Exec Team
Pacific Sunwear of California, Inc. has announced organizational changes designed to streamline the company's operations. As part of the realignment of the organizational structure, the PSUN eliminated the position of Chief Operating Officer and ann
Nautilus to Open New Outlet Location in Oregon
Nautilus, Inc. is opening a new apparel and footwear factory outlet for cycling, running and fitness enthusiasts on June 8 at the Woodburn Company Stores complex along Interstate 5 at Woodburn, Ore. The 2,400-foot factory store on the north end of the co
The Finish Line Sees Q1 Comps Down 3.9%; Will Post Loss
The Finish Line, Inc. reported consolidated net sales of $288.3 million for the thirteen weeks ended June 2, 2007, a decrease of 0.2% versus consolidated net sales of $289.0 million for the thirteen weeks ended May 27, 2006. Total company comparable store
Pacific Sunwear Sees Energy at PacSun in May
Pacific Sunwear of California, Inc. reported that total sales for the four weeks of fiscal May ended June 2, 2007 were $97.7 million, an increase of 10.9% over total sales of $88.1 million during the same four week period ended June 3, 2006. Total Company
Limited Brands Sees May Comps Rise 2%
Limited Brands, Inc. reported comparable store sales for the four weeks ended June 2, 2007 increased 2% compared to the four weeks ended June 3, 2006. The company reported net sales of $774.7 million for the four weeks ended June 2, 2007 compared to sales
Stein Mart May Comps Increase 2.5%
Stein Mart, Inc. reported total sales for the fiscal month of May ened June 2 declined 0.6% to $118.9 million from $199.6 million inthe year-ago month. Comparable store sales were up 2.5% for the period…
Crocs Picks Up U.K. Footwear Award
Crocs, Inc. has been selected as the 2007 Footwear Brand of the Year winner at the prestigious Drapers Footwear Awards in the United Kingdom. The Drapers Footwear Awards celebrates the best in footwear retailing in the United Kingdom and Republic of Irel
G-III Apparel Narrows Fiscal Q1 Loss
G-III Apparel Group, Ltd. reported net sales of $35.1 million and a net loss of $6.4 million, or 42 cents per share, for the fiscal first quarter ended April 30, compared to net sales of $14.4 million and a net loss of $8.9 million, or 72 cents per share,
DSW Q1 Net Income Up Despite Declining Comps
DSW Inc. reported that net sales increased 12.8% to $357.0 million for the first quarter ended May 5 from net sales of $316.5 million for the year-ago period. Net income rose 35.5% to $23.7 million compared to net income of $17.5 million in Q1 last year.
Jeffrey Kalinsky Expands Role at Nordstrom
Nordstrom, Inc. has announced that Jeffrey Kalinsky, founder of Jeffrey New York and Jeffrey Atlanta, will take on a larger role at Nordstrom, moving from a part-time advisory capacity to more of a hands-on leadership position guiding the overall vision f
Dick’s SG Elects Best Buy, Lowes Execs to Board
Dick's Sporting Goods, Inc. announced that Brian J. Dunn and Larry D. Stone have been elected to the company's Board of Directors. Mr. Dunn currently serves as President and Chief Operating Officer of Best Buy. Mr. Stone is President and Chief
Everlast Inks Licensing Deal with Michelin for Footwear Line
Everlast Worldwide Inc. has signed a worldwide license agreement with Michelin Lifestyle Limited to create a new line of technically advanced professional boxing footwear using patented tread technology inspired by the Michelin HydroEdge tire. Everlast wi
Baum’s Sporting Goods Bows Fifth Location
Baum's Sporting Goods, has opened their 5th store in Peoria Arizona, as of June 5th. Baum's is the nations largest baseball/softball retail/team specialty dealer and has been in business for over 23 years. With the addition of the new store in P
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