PacSun Sees Q2 Sales Fall on 24% Comps Plummets

Pacific Sunwear of California, Inc. said net sales for the second quarter of fiscal 2009 ended August 1, 2009, were $243 million versus net sales from continuing operations of $313 million for the second quarter weeks) of fiscal 2008 ended August 2, 2008.

TJX Reports Q2 Comps Up 4%; EPS up 27%

The TJX Companies, Inc. announced net sales for the second quarter ended August 1 increased 4.0% to $4.7 billion and consolidated comparable store sales increased 4.0% over last year’s strong gains…

Saks’ Loss Widens in Q2; Maintains Sales Guidance

Saks Incorporated posted a net loss of $54.5 million, or 39 cents per share for the second quarter ended August 1, 2009, compared to a net loss of $32.7 million, or 24 cents per share, for the prior year second quarter ended August 2, 2008…

Urban Outfitters Beat Q2 Profit Estimates; Comps Slide 3%

Urban Outfitters, Inc., which operates under the Anthropologie, Free People, Terrain and Urban Outfitters brands, announced earnings of $49 million and $80 million for the three and six months ended July 31, 2009, respectively. Earnings per diluted share

Heath Joins Remington Pro-Staff

Remington Arms Company, Inc., said TV host and hunter Haley Heath, has signed a promotional agreement with the company and will serve as a spokesperson for the brand…

Remington Issues Product Safety Notice Warning

Remington has been notified by its supplier of 17 HMR ammunition that 17 HMR ammunition is not suitable for use in semi-automatic firearms. The use of this ammunition in a semi-automatic firearm could result in property damage or serious personal injury.

Riddell Sports Extends Licensing Agreement with NFL

Riddell Sports said it has signed a multi-year extension to its existing licensing agreement with the National Football League (NFL). Riddell, which merged its holdings with Easton Sports in 2006 to form Easton-Bell Sports, will maintain its standing as t

SOLE Implements RFID System

This fall SOLE will implement a Radio Frequency Identification (RFID) system to track inventory in real-time with an integrated point-of-purchase display, product tags and a retailer website…

Sport Footwear Gives Back Q1 Gains in Q2

The euphoria the sport footwear market experienced in the first quarter very quickly dissipated in the second quarter as the market struggled against the headwinds created by a difficult economy, cooler and wetter weather and tough comparisons to last yea

Warnaco Swim Boosts Profit on Expense Cutting

Warnaco Group Swimwear Group net revenues declined 9.1% to $74.2 million for the second quarter and were down 6% on a constant currency basis. The company pointed to timing shifts of certain sales and a challenging economic environment as the primary fac