Saks Incorporated July total sales increased 7.3% and comparable store sales increased 5.5% on a total company basis. By segment, comparable store sales increased 0.8% for SDSG and increased 12.8% for SFAE for the month.
Author: SGB Media
Neiman Marcus July Comps Increase 16.6%
The Neiman Marcus Group preliminary July comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, increased 13.5 percent.Comparable revenues at Neiman Marcus Direct in the four-week July period
Costco July Compas Jump 9%
Costco Wholesale Corporation reported net sales of $3.72 billion for the four weeks ended August 1, 2004, an increase of 12% from $3.32 billion in the same four-week period of the prior fiscal year. July Comparable Store Sales were up 9.0%…
Urban Outfitters Q2 Comps Jump 11%; Direct Sales Double
Urban Outfitters sales for the second quarter climbed to a record $189.5 million, a 54% increase over the same period last year. This sharp year-over-year increase in quarterly sales was driven by a 26% jump in total Company comparable store sales (over a
High Gear Signs Partnership With USSA
HighGear has inked an agreement with the U.S. Ski and Snowboard Association (USSA) to become an official supplier of the U.S. Ski and Snowboard Team. The two-year agreement gives HighGear exclusive worldwide sponsorship in the sports instrument category,
Kellwood Elects Two New Board Members
Kellwood has elected Robert J. Baer and Harvey A. Weinberg to the Company’s Board of Directors, according to Hal J. Upbin, chairman and chief executive officer. Baer is a seasoned executive in the transportation industry with over 28 years of experience.
West Marine July Comps Plunge 9.5%
West Marine net sales for the four weeks ended July 31, 2004, were $71.8 million, a 5.6% decrease compared to net sales of $76.1 million for the same four-week period a year ago. Comparable store net sales for July decreased 9.5% compared to the same peri
Trails.com Inks Partnership with Sierra Designs
Sierra Designs recently became the first manufacturer to offer a free six-month Trail Finder™ subscription with the purchase of any Sierra Designs sleeping bag. The program will be released at the Summer Outdoor Retailer trade show, Aug. 12-14, 2004 and a
REI Appoints New VP of Distribution and Logistics
REI has appointed David Presley to the position of vice president of Distribution and Logistics. Presley, who comes to REI with 20 years' experience in supply chain management, will provide leadership to the warehousing, order processing and product
Nordica Inks Deal with Canadian Alpine Ski Team
NRB Sports Inc, the Canadian subsidiary of Italian owned Nordica and Rollerblade, has announced that after a long absence it has re-joined the Canadian Alpine Ski Pool. Already in association with numerous ski pools world wide, this partnership will allow
VauDe will Not Show at OR
VAUDE is currently working on a new distribution concept in a continued effort to successfully penetrate the US market, after officially dissolving their relationship with Windsong Outdoors, LLC earlier this year…
Gildan Fiscal Q3 Earnings Rise 20% on 17% Sales Increase
Gildan Activewear reported record net earnings of U.S. $26.2 million or U.S. $0.88 per diluted share for the third quarter, up 20.2% and 20.5% from U.S. $21.8 million or U.S. $0.73 per diluted share a year ago. Sales in the quarter were U.S. $168.4 millio
John Georger Joins Felt Racing
John Georger will be joining Felt Racing as its East Coast General & Sales Manager. John comes to Felt with extensive bicycle industry experience, most recently as the National Sales Manager for Giant Bicycle. Prior to his tenure at Giant, John was East
Chamandy Resigns From Gildan Activewear
H. Greg Chamandy has stepped down from his roles as Co-Chief Executive Officer, Chairman of the Board and Chairman of the Executive Committee of Gildan Activewear, in order to pursue other business interests. He has also resigned as a member of the Board
Warnaco Inks Deal to Acquire Ocean Pacific
The Warnaco Group has entered into a definitive agreement to acquire Ocean Pacific Apparel Corp. from Burlingame, California-based Doyle & Boissiere Fund I, LLC, for $40 million in cash and the assumption of $1 million in debt. The agreement also provides