Kohl's executives discussed 2006 financial performance and outlined future growth plans at the company's annual shareholders' meeting ehld this week. Kohl's plans to open 110 to 115 stores in Fiscal 2007, including its initial entry i
Author: James Hartford
Aldila Q1 Earnings Suffer from Margin Hit; Will Exit Hockey Biz
Aldila, Inc. reported that net sales were were essentially flat in the first quarter, posting revenues of $20.7 million this year versus $20.8 million in the year-ago quarter. However, net income was down nearly 38% to $2.7 million, or 48 cents per dilut
Chick’s Sporting Goods to Open 15th SoCal Location
Chick's Sporting Goods has completed the first phase of its expansion plans with the opening of three stores since November of last year and plans to open its largest store this fall in Norco, Calif. Jim Chick, president and CEO of Chick's Spor
Spyder Strengthens Operations Team
Spyder Active Sports has hired two operations professionals to drive efficiencies within its complex worldwide supply chain and delivery infrastructure. Beverly Nestor joins Spyder as director, global supply chain and Alan Leslie has been named director,
Kenneth Cole a Winner for Q1, but Guides Lower for Q2
Kenneth Cole Productions, Inc. reported that first quarter net revenues were $129.3 million, an increase of 5.5% versus the year ago level of $122.6 million. Operating income in the quarter increased by 18.7% to $4.3 million versus $3.7 million in last y
Kenneth Cole Appoints Retail Division Chief
Kenneth Cole Productions, Inc. has appointed Marty Nealon as Divisional President of its full price retail stores and e-commerce businesses, effective immediately. Ms. Nealon has been consulting with the company on strategic initiatives since last August
Steve Madden Q1 Earnings Fall on Lower Revenues
Steven Madden, Ltd. reported that first quarter net sales declined 1.5% to $106.7 million from $108.3 million in the first quarter of 2006. Net income was $9.5 million, or 43 cents per diluted share, compared to $10.9 million, or 50 cents per diluted shar
Airesis Re-Acquires U.S. Distribution for Le Coq Sportif
Le coq sportif, the French sport brand acquired by the Swiss investment fund Airesis in 2006, continues to expand its international business and exposure. The company has re-acquired the U.S. apparel/footwear/accessories distribution from Itochu Internat
American Eagle Files Lawsuit Against Payless ShoeSource
American Eagle Outfitters, Inc. has filed a lawsuit against Payless ShoeSource, Inc. to preserve the integrity of its youth-oriented lifestyle AMERICAN EAGLE OUTFITTERS® brand and to prevent consumer confusion arising from Payless' use of the AMERICA
Wolverine Worldwide Ups Guidance on Strong Q1 Results
Wolverine World Wide, Inc. reported that first quarter revenues totaled $281.1 million, a 6.9% increase over first quarter 2006 revenue of $262.8 million. First quarter 2007 earnings per share increased to 39 cents, a 14.7% increase over first quarter 200
Orange 21 Doubles Loss in Q4 Despite 28% Sales Gain
Orange 21 Inc. reported that net sales for the fourth quarter of 2006 increased 28% to $11.4 million compared to $8.9 million in the fourth quarter of 2005. Excluding sales from the acquired LEM business, sales increased approximately 9% in Q4. The comp
Skechers USA Suit Against Asics Corp. Dismissed
Asics Corporation, the parent company of Asics America, is reporting that Skechers USA Inc. has dropped its trade libel and unfair competition lawsuit against Asics. Based on court papers obtained by Footwear Business, the lawsuit, which was filed in lat
Stage Stores March Comps Jump 12.4%
Stage Stores, Inc. reported that its total sales for the five-week March period through April 7 increased 14.9% to $151.0 million from $131.4 million in the prior year five-week March period ending April 1, 2006. Comparable store sales increased 12.4% ver
Federated March Comp Sales Grow 2.3%
Federated Department Stores, Inc. reported total sales of $2.29 billion for the five weeks ended April 7, 2007, an increase of 1.5% compared to total sales of $2.26 billion in the same period last year. On a same-store basis, Federated's sales for Ma
Dillard’s Cites Easter Shift for March Same-Store Sales Gain
Dillard's, Inc. reported that total March sales increased 7.6% to $679.6 million for the five weeks ended April 7, compared to sales of $631.9 million for the five weeks ended April 1, 2006. Sales in comparable stores increased 6% for the period. DD
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