Warnaco Inc. net revenues fell 5 percent to $563.9 million, compared to the prior year period and were flat in constant currency. In the quarter, a 10 percent increase in Swimwear Group net revenues, fueled by a strong performance from Speedo, were more t
Author: James Hartford
Asics Corp. Posts Weaker Q1 Net on Japan, FX Rate Challenges
Asics Corp. reported that fiscal first quarter consolidated net sales increased 1.1 percent to ¥66,105 million ($825 mm) for the three-month period ended June 30, 2012. Net income for the first quarter decreased 4.6 percent to ¥4,934 million ($62 mm)…
Puma SE Q2 Profit Falls on Weaker Margins, Higher Expenses
Puma SE second quarter consolidated sales grew by 11.8 percent in Euro terms and by 6.0 percent currency adjusted to €752.9 million ($968 mm). As a consequence of lower than expected gross profit and increased expenses, consolidated net earnings dec
SportsOneSource Announces 2012 SGB 40 Under 40 Honorees
The SportsOneSource Group has announced the honorees for the fifth annual SGB 40 Under 40 Awards. This year’s list again contains individuals from all corners of the sporting good industry who are recognized as leaders making a difference in their b
Stage Stores June Comps Rise 3.3 Percent
Stage Stores, Inc. (SSI) reported that total sales for the five-week June period ended June 30 increased 5.8 percent to $141 million compared to $134 million in the prior year five-week period. Comparable store sales for the month increased 3.3 percent…
The Buckle Sees June Comps Dip 2.5 Percent
The Buckle, Inc. reported comparable store net sales for the five-week period ended June 30 decreased 2.5 percent. Net sales for the five-week fiscal month ended June 30 decreased 0.3 percent to $79.4 million from net sales of $79.6 million for the prior
Zumiez Posts 8.2 Percent Comp Sales Increase in June
Zumiez Inc. announced that total net sales for the five-week period ended June 30 increased 18.0 percent to $51.3 million, compared to $43.5 million for the five-week period ended July 2, 2011. The company's comparable store sales increased 8.2 perce
5.11 Tactical Appoints Ridings as Outdoor Channel Manager
5.11 Tactical has appointed Tim Ridings to outdoor channel manager. Ridings, a 20-year industry veteran, is charged with supporting the company’s growing expansion into the outdoor marketplace…
Saks Inc. Reports 6.0 Percent June Comp Sales Gain
Saks Inc. reported that owned sales increased 6.0 percent to $274.0 million for the five weeks ended June 30 from $258.6 million in the year-ago period. Comparable store sales increased 6.0 percent for the month…
Asics Corp. Posts Q4 Sales Decline in the Americas
Asics Corp. reported that total consolidated net sales increased 5.3 percent to ¥247.8 billion ($3.11 bn) for the fiscal year ended March 31. For the fourth quarter, Asics Corp. saw total consolidated net sales increase 3.5 percent to ¥61.5 billion ($777
Mizuno Corp. Posts Double-Digit Fiscal Year Profit Increase
Mizuno Corp. reported that total fiscal year revenue rose 3.3 percent to ¥155.0 billion ($1.44 bn) and rose 3.6 percent to ¥40.1 billion ($506 mm) in the fiscal fourth quarter ended March 31. Sales of the footwear business, including running shoes and ap
Head Narrows Q1 Loss on Strong Racquet Sports Growth
Head NV reported that sales for the 2012 first quarter increased 17.1 percent to €70.1 million ($92 mm) compared to the first three months of the prior year driven by Racquet Sports and compounded by favorable exchange rate movements and positive re
Adidas Group Posts Double-Digit First Quarter Sales Gain
Adidas Group revenues increased 14 percent on a currency-neutral basis in the first quarter as a result of double-digit sales increases in Wholesale, Retail and Other Businesses. Currency translation effects had a positive impact on sales in euro terms. G
Adidas Group Ups Full-Year Guidance on Strong Q1 Results
Adidas Group is reporting that preliminary first quarter figures are materially above market expectations. Group sales for the full year are now expected to grow at a rate approaching 10 percent on a currency-neutral basis and net income attributable to s
Report: Wolverine World Wide Chosen as Collective Brands Buyer
Bloomberg News is reporting that Collective Brands Inc., which owns the Saucony, Keds, Stride-Rite and Sperry Top-Sider as well as the Payless ShoeSource discount shoe chain, is opting for an acquisition by Wolverine World Wide Inc., parent of Merrell, Wo
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