LOWA has acquired distribution rights to the Tecnica Outdoor Footwear Division for the U.S. market, effective January 1, 2008. The division encompasses both Tecnica hiking boots and T-Shoes urban adventure travel footwear. Under terms of the agreement, T
Author: James Hartford
Bon-Ton May Comps Get a Boost from Carson’s
The Bon-Ton Stores, Inc. reported that total sales for the four weeks ended June 2, 2007 increased 1.0%, to $234.7 million, compared to $232.3 million for the prior year period. Bon-Ton and Carson's combined comparable store sales for the four weeks
Macy’s to Install Solar Power Systems in 26 California Stores
Macy’s will install solar power systems and significantly reduce energy consumption in 26 stores throughout California in partnership with SunPower Corporation, a Silicon Valley-based manufacturer of high-efficiency, commercially available solar cells, so
NRF Sees Nation’s Ports on Record Pace for August
Traffic at the nation’s major retail container ports should reach a record high in August, then drop off slightly in September before hitting the year’s traditional peak in October, according to the most recent monthly Port Tracker report released by the
Kohl’s Ups Annual Outlook on Strong Q1 Results
Kohl’s Corporation reported a 24.9% increase in net income for the fiscal first quarter ended May 5, 2007. Net income was $209.0 million, or 64 cents per diluted share, compared with $167.2 million or 48 cents per diluted share, in the year-ago period. Ne
JC Penney Exceeds Wall Street Expectations in First Quarter
J. C. Penney Company, Inc. reported total net sales increased 3.1% to $4.35 billion for the first fiscal quarter ended May 5, compared to $4.22 billion in the year-ago period. Operating income improved 60 basis points to 9.6% of sales, driven by improveme
Nordstom Ups Guidance on Strong First Quarter
Nordstrom, Inc. reported net earnings of $156.8 million, or 60 cents per diluted share, for the first fiscal quarter ended May 5, compared to $131.2 million, and 48 cents per diluted share, in the year-ago quarter. Total sales in the first quarter increa
Shoe Carnival Q1 Comps Down; Validates Earnings Guidance
Shoe Carnival, Inc. reported sales for the first quarter ended May 5, 2007 decreased 1.7% to $165.7 million from sales of $168.5 million for the first quarter ended April 29, 2006. Comparable store sales for the thirteen-week period decreased 3.7% compare
DSW Sees First Quarter Comps Decline 4.2%
DSW Inc. reported net sales for the thirteen-week first quarter ended May 5, 2007 increased 12.8% to $357.0 million compared with $316.5 million for the thirteen-week first quarter ended April 29, 2006. Same-store sales decreased 3.6% for the comparable t
Bakers Footwear Posts 9.3% Comp Store Sales Decline for Q1
Bakers Footwear Group, Inc. reported first quarter net sales decreased 1.1% to $49.3 million for the thirteen weeks ended May 5, as compared to $49.8 million in the year-ago period. Comparable store sales in the first quarter decreased 9.3%, as compared t
Urban Outfitters Posts Strong Q1 Earnings Growth
Urban Outfitters, Inc., the umbrella company for the Anthropologie, Free People and Urban Outfitters brands, reported that earnings for the three months ended April 30, 2007, increased 45% to $29.4 million, or 17 cents per diluted share. Total sales for
Pacific Sunwear Sees Double-Digit Comps Declines in April, Warns of Losses
Pacific Sunwear of California, Inc. reported that total sales for the four weeks of fiscal April ended May 5, 2007 were $79.3 million, a decrease of 10.5% over total sales of $88.5 million during for the yeaar-ago month. Total company same-store sales dec
Puma AG Sees Growth Moderating as U.S. Sales Decline
Puma AG reported that first quarter consolidated sales grew 7.4% currency neutral (2.0% in Euro terms) to €655.8 million ($859 mm) from €642.8 million ($773 mm) in Q1 2006.Net earnings grew 3.7% for the period to €96.6 million ($127 mm), compared to €93.1
JJB Sports Sees YTD Comps Decline on Tough Kit Comps
JJB Sports plc, the U.K.’s largest sporting goods chain, reported that total revenue for the first 18 weeks of the fiscal year through June 3 declined 1.2% versus the same period last year and includes a 1.8% decline in comparable store sales at JJB’s ret
Weyco Sees Q1 Earnings Growth on Florsheim, Stacy Adams Strength
Weyco Group, Inc., parent to the Florsheim, Nunn Bush, and Stacy Adams brands, reported that net earnings grew approximately 7% to $5.7 million, or 47 cents per diluted share, for the first quarter ended March 31, up from $5.3 million, 44 cents per dilute
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