NexCen Brands, Inc. hired Brenda Palmer as Vice President of Licensing and Brand Development. Ms. Palmer served as Vice President of Licensing for Jordache Enterprises from 2002 to 2006. There, she was responsible for strategically positioning and expandi
Author: SGB Media
Eddie Bauer Q1 Loss Widens on Stronger Sales and Margins
Eddie Bauer Holdings, Inc. first quarter revenues increased 10.0% to $214.0 million from $194.5 million in the first quarter last year. Comparable store sales for the first quarter of 2007 increased by 9.5%, and sales in the Company's direct channel
TenCate and Massif Mountain Gear Co. Team Up on Fire Resistant Fleece
TenCate SouthernMills has granted an exclusive patent license to Massif Mountain Gear Company for the manufacture and sale of flame-resistant fleece fabrics and garments to the United States Military. The license relates to U.S. Patent 5,727,401 for “Fire
Grassroots Outdoor Alliance Launches New Web Presence
The Grassroots Outdoor Alliance unveiled its new 'dual' web portal. The new web presence includes the Alliance's blog and a website portal. The Alliance chose to have a dual web presence to encourage daily interaction…
PPR Officially Issues Takeover Bid for All Puma Shares
PPR, through its subsidiary SAPARDIS, officially published the offer document for the friendly voluntary takeover offer to the outside shareholders of PUMA AG. SAPARDIS is offering €330.00 ($432.30) in cash for each PUMA share. The offer price values PUMA
Wolverine Unloads NCAA Clogs Business
R.G. Barry Corporation, the Dearfoams company, signed a transfer agreement under which it will buy the NCAA College Clogs business from Wolverine World Wide, Inc. The companies expect the business transfer to be complete within two weeks…
Perry Ellis Ups Guidance on Strong Q1 Preliminary Results
Based on preliminary estimates, Perry Ellis International, Inc. presently anticipates that total revenue for its first quarter ended April 30, 2007, will be approximately $228 million compared to $214 million for the first quarter ended April 30, 2006. Th
TAF Parent Reports Small Loss for Q1
NexCen Brands, Inc. Licensing, royalty and franchise fee revenues totaled $3.9 million for the first quarter. Net loss, which includes income from discontinued operations of $447,000, was ($198,000). The net loss per share calculates to 0 cents. Included
Vecchione Promoted to President at Polartec; Spillane Hired as President of Converse
Polartec, LLC promoted COO Andrew Vecchione to president, assuming leadership from Michael Spillane. Spillane, who has led the Polartec business since July of 2004, has achieved the goal of stabilizing and re-positioning the company as a global, technolog
Head N.V. Q1 Loss Expands on Heavy Winter Sports Sales Declines
Head N.V. first quarter net revenues were down 15.3% to €57.3 million ($75.1 mm) due to slow winter sports sales, which had sales decline by 46.6%. Operating loss increased by €5.1 million ($6.7 mm) to €8.9 million ($11.7 mm), from €3.8 million ($4.6 mm)
The Buckle April Comps Increase 1.8%
The Buckle, Inc. net sales for the four-week fiscal month ended May 5, 2007 increased 7.5% to $34.0 million from net sales of $31.6 million for the prior year four-week fiscal month ended April 29, 2006. Comparable store net sales, for stores open at leas
J. C. Penney April Comps Decline 4.7%
J. C. Penney Company, Inc. total department store sales decreased 2.7% for the four weeks ended May 5, 2007. Comparable department store sales decreased 4.7%, compared to initial guidance for sales to be flat and a 2.6% increase last year.
Nordstrom Comps Increase 3.1% in April
Nordstrom, Inc. reported preliminary sales of $604.0 million for the four-week period ending May 5, 2007, an increase of 3.3% compared to sales of $584.9 million for the four-week period ending April 29, 2006. Same-store sales increased 3.1%.
Gottschalks April Comps Down 5.4%
Gottschalks Inc. same store sales for the month of April 2007 decreased 5.4% from the prior year. Total sales for the month decreased 6.9% to $40.3 million from $43.3 million in April 2006…
The Bon-Ton Stores Comps Drop 13.4% in April
The Bon-Ton Stores, Inc. sales for the four weeks ended May 5, 2007 decreased 13.7%, to $211.9 million, compared to $245.6 million for the prior year period. Bon-Ton and Carson's combined comparable store sales for the four weeks decreased 13.4%. Bon
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