WFSGI Elects New Board of Directors…

The World Federation of the Sporting Goods Industry has elected its Board of Directors to new terms. Michel Perraudin, EVP and Executive Board member of adidas-Salomon, was elected as president of the trade association at the organization’s recent Genera

Coastcast to Sell Assets to Fu Sheng…

SEW reported in March (SEW_0410) that Coastcast was showing all of the signs of a slow return to profitability after several quarters in the red, and shortly thereafter the company managed to show a small profit in the first quarter of the year. Barely a

Retail Execs Back Off Upbeat Outlook…

The most recent Executive Opinion Survey, a monthly index by the National Retail Federation, looked liked a solid precursor of the sluggish June results that were reported last week as the Retail Sector Performance Index (RSPI) posted its lowest reading s

Chris Smith and Specialized Part Ways

Recently, Specialized announced that Chris Smith would join their team as General Manager of Specialized USA. Mike Sinyard, the company's founder and president recently wrote a letter to his dealers stating that Chris and his family will not be maki

Schoeller Expands into Turkey

Switzerland’s Schoeller Textil AG will open its new sales office in the International Textile Center near Istanbul. Schoeller Turkey Ltd. guarantees a presence for the Swiss textile corporation and the ability to act quickly in Turkey, known to be one of

ShopKo June Comps Climb 2.2%

ShopKo Stores consolidated sales for the five weeks ended July 3, 2004 increased 1.8% to $301.2 million from $295.9 million during the same period last year. Consolidated comparable store sales increased 2.2%…

Gottschalks Same Store Sales Climb 3.3% in June

Gottschalks same store sales for the month of June 2004 increased 3.3% from the prior year. Total sales for the month increased 1.5% to $60.7 million from $59.9 million in June 2003. On a year-to-date basis, same store sales increased 2.0% from the same

Goody’s June Comps Drop 3.2%

Goody's total sales were $105.3 million for the fiscal month of June 2004, a decrease of 0.4% from total sales of $105.7 million for the fiscal month of June 2003. Comparable store sales for June 2004 decreased 3.2% from June 2003. Total sales for th

The Buckle’s June Comps Jump 10.3%

The Buckle's sales for the five-week period ended July 3, 2004 increased 16.9% to $34.7 million from sales of $29.7 million in the corresponding five-week period ended July 5, 2003. Comparable store sales, for stores open at least one year, for the f

Wal-Mart June Comps Climb 2.2%

Wal-Mart Stores net sales for the five-week period ending July 2, 2004, were $26.972 billion, an increase of 9.3% over the $24.669 billion in the same five-week period in the prior year. Sales for the twenty-two week period were $114.455 billion, an incr