Retailer Saks Incorporated announced today that owned sales totaled $243.8 million for the five weeks ended July 5, 2008 compared to $237.6 million for the five weeks ended July 7, 2007, a 2.6% increase. Comparable store sales increased 1.9% for the perio
Author: sportsoneauthor
Nordstrom June Sales Decrease 14.1%
Nordstrom, Inc. reported preliminary sales of $731 million for the five-week period ended July 5, 2008, a decrease of 14.1% compared to sales of $851 million for the five-week period ended July 7, 2007. Same-store sales decreased 18.6%. The company's
NexCen Receives Nasdaq Deficiency Letter
On July 8, 2008, NexCen Brands, Inc. received a Nasdaq Staff Deficiency letter indicating that, for the last 30 consecutive business days, the bid price for the ompany’s common stock has closed below the minimum $1.00 per share requirement for continued l
Lotto: 2007 Sales Turnover +8%
Lotto Sport Italia S.p.A., the leading Italian company in the production and distribution of sports footwear, clothing and accessories, closes 2007 with total sales of 300 million euro ($411 million) and 8% growth, compared with 2006…
Early Off-Price Show Pre-Reg Numbers Surpass ’07
The Off-Price Specialist Show has reported early July Pre-Registration numbers for their August offering that have already exceeded the 2007 August show’s pre-registration from four weeks out. Increases in new buyers, international and traditional retail
Hincapie Sportwear Hired New Design Director
Hincapie Sportswear, Inc. has hired Nikole Rock as its new Director of Design & Development. Rock will be responsible for all aspects of design, development and sourcing of the Hincapie retail apparel line…
Hincapie Sportwear Hires New Design Director
Hincapie Sportswear, Inc. has hired Nikole Rock as its new Director of Design & Development. Rock will be responsible for all aspects of design, development and sourcing of the Hincapie retail apparel line…
TAPS Reveals Details for New Paddling Show
The Trade Association of Paddlesports (TAPS), a non-profit trade association supporting the paddling industry in North America, revealed details for its first ever North East Canoe & Kayak Symposium (NECKS) Sept. 5-7, 2008 at the Spruce Run Recreation Are
Heelys Appoints New CFO
Heelys, Inc. announced the appointment of Lisa K. Peterson to senior vice president and chief financial officer, and has named John Benton Price vice president of product.
NSGA: Used Sports Gear Purchases Surpass $1B
Consumers purchased $1.08 billion in used sporting goods equipment in 2007, according to a report just released by the National Sporting Goods Association (NSGA). This is the second year in a row…
Mountain Hardwear and Montrail Add Sales Teams
Mountain Hardwear Inc. and Montrail Inc. have announced the addition of three new sales teams to their joint U.S. sales rep force. Effective immediately, the Upper Central Territory will be covered by Brad Werntz and the Pemba Serves group; the Mid Atlant
Mountain Hardwear and Montrail Add New Sales Teams in Three Territories
Mountain Hardwear Inc. and Montrail Inc. have announced the addition of three new sales teams to their joint U.S. sales rep force. Effective immediately, the Upper Central Territory will be covered by Brad Werntz and the Pemba Serves group; the Mid Atlan
VF Imagewear Names Jim Pisani President of Activewear Division
VF Imagewear, Inc., a subsidiary of VF Corporation, announced that it has named Jim Pisani President of its Activewear division. Pisani brings nearly 20 years of marketing and sales experience to VF Imagewear. He most recently served as Vice President of
Sport Chalet, Inc. Signs New Expanded Senior Credit Facility
Sport Chalet, Inc. announced today that it has signed a new expanded senior credit facility with its existing lender, Bank of America, N.A. The new senior credit facility expands total availability to $70 million from $40 million and expires in June 2012.
First Quarter Not a Happy Place for Industry Retailers…
With few exceptions, the first quarter was a dismal time for sporting goods industry retailers as net sales rose only slightly, while margins and profits, barring a certain one-time benefit, declined. Retailer net sales increased 8.7% for the first quarte
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