Sears June Sales fell 4.4% to $2.548 billion compared to $2.664 billion last year. Same store sales for the month of June fell 3.1%…
Author: SGB Media
Kohl’s June Comps Fall 3.7%
Kohl's Corporation sales for the five-week period ended July 3, 2004 increased 9.8% over the five-week period ended July 5, 2003. On a comparable store basis, sales decreased 3.7%. For the 22 weeks ended July 3, 2004, total sales were up 13.2% over t
Costco June Comps Climb 6.0%
Costco Wholesale Corporation reported net sales of $4.64 billion for the five weeks ended July 4, 2004, an increase of 9 percent from $4.28 billion in the same five-week period of the prior fiscal year. June comps increased 6%…
Juraschek Joins Indigo as S.E. Sales Rep
Indigo Equipment has added John Juraschek as its new southeastern U.S. sales representative. Juraschek will cover North Carolina, South Carolina, Georgia, Tennessee, Alabama and Florida for the rapidly growing Indigo brand. He brings 15 years of for-profi
Longenecker Resigns from USCSA
Tim Longenecker, the Administrative Director for the U.S. Collegiate Ski & Snowboard Association has decided to resign after ten years of service. His involvement with the USCSA goes back to the early ‘80’s when he was competing in the league. He will be
Obermeyer Recognized for Alternative Transportation Initiatives
Sport Obermeyer recently received a $2,000 grant from the City of Aspen. The award is part of a $5,000 total given by the city’s Transportation Department to Aspen-based companies in connection with its annual Summer Commuting Competition. The grant recog
AAC Appoints Internationa Ski Mountaineering Council Delegate
The American Alpine Club has appointed Andrew McLean of Salt Lake City, Utah as the United States delegate to the International Ski Mountaineering Council, the organization that oversees ski mountaineering competitions worldwide. The ISMC operates under t
Studies Reveal What Drives Consumers Most…
Product quality lags behind selection and price as primary motivators for consumers purchasing sporting goods, according to a recent study released by Vertis. The firm’s Customer Focus 2004 report also confirms some long-held beliefs about the difference
Studies Show Participation Trends…
The participation reports from the NSGA and SGMA are hitting the streets and both organizations hit on some key points in the last week in a run up to the release of the full numbers. The NSGA developed an index by state to signify how likely it would be
The Sportsman’s Guide Works on Golf Game in TGW Acquisition…
The Sportsman's Guide is increasing its sales and earnings guidance for fiscal 2004 after announcing last week that it will acquire The Golf Warehouse, LLC and its tgw.com business from a private investment firm in an all-cash transaction valued at a
Murray to Take Vans Helm as VF Corp. Completes Acquisition…
VF Corporation completed its $396 million acquisition of Vans, Inc. last week and promptly announced the departure of the father-son team that has steered the course of the brand during the ups and downs of the skateboard trend. Chairman Walter Schoenfel
Yue Yuen Takes Stake in Luen Thai IPO…
Luen Thai, the Hong Kong based apparel manufacturer that recently announced a joint venture with Yue Yuen to focus on the global athletic apparel market, will float an IPO in efforts to raise approximately HK $680 million (US $72.2 million) to help fund n
Hi-Tec Re-Branding is Right on Track…
Hi-Tec Sports has brought former Ecco Global Marketing Director, Tony Linfor on board as their own Group Marketing Director. The move is the latest step in Hi-Tec’s global re-branding effort that has been met with much success in both Europe and in the U
K2 Closes Marmot and Funding Deals…
K2 Inc. has closed its previously announced acquisition of Marmot Mountain Ltd., which was valued at approximately $84 million plus the assumption of debt estimated to be in the $20 million to $24 million range…
Danner Lands Another Military Deal…
LaCrosse Footwear has taken a military order for $5.0 million for its Desert Acadia boot under the Danner brand. This is the second large military order the company has received in the last year. The last order, placed in December, totaled $4.9 million
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