Neiman Marcus, Inc. reported comparable store sales for July decreased 1.7% to $265 million. Overall net sales slipped 0.3% for the month ot $268 million from $269 million last year…
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Dorel’s Bike Business Jumps on Cannondale Acquisition
Dorel Industries Inc. reported that company-wide net revenues rose 29.3% to $593.7 million from $459.0 million for the same period a year ago. Net income for the second quarter ended June 30 was $31.3 million or 94 cents per diluted share compared to $10.
Crocs Q2 Net Drops as Domestic Business Proves Tough
Crocs, Inc. saw second quarter net sales that were just below the year ago level, down to $222.8 million from $224.3 million last year. For the quarter ended June 30, 2008 international sales rose approximately 20% to $130.1 million compared to $108.9 mil
Deckers Posts 72.8% Q2 Sales Jump, But Teva Write-Down Hurts
Deckers Outdoor Corporation saw company-wide net sales jump 72.8% to $91.1 million versus $52.7 million last year. A write-down of Teva trademarks, however, caused the company to report a net loss of $3.8 million after net income of $2.3 million last year
Grammici Taps ROI for Canadian Distribution
Gramicci is expanding distribution of its outdoor lifestyle apparel brand with the signing of Canadian distributor Recreation Outfitters Inc. (ROI)…
ASICS Reports 14.9% Q2 Sales Jump, U.S. Up 6.6%
ASICS Corp. reported that net sales increased 14.9% to ¥65.32 billion ($625.8 mm) for the first quarter ended June 30, up from ¥56.84 billion ($471.2 mm) a year earlier. Net income jumped 22.6% to ¥7.57 billion ($72.6 mm) from ¥6.18 billion ($51.2 mm) las
Jarden Q2 Sales Boosted by K2; Pro Forma Flat for Outdoor
Jarden Corporation reported second quarter net sales increased 29.5% to $1.36 billion compared to $1.05 billion for the same period in the previous year. Net sales for the company's Outdoor Solutions business jumped 69.9% to $708.6 million from $417.
Champ Spikes Names OEM Manager for EU/Int’l Biz
MacNeill Engineering / CHAMP Spikes has hired Tom Chesters as its new OEM/shoe brand sales manager for the European and International markets. Tom will develop and manage relationships with various golf and sport brand manufacturing customers along with f
Acushnet Reports Decreased Sales and Earnings for Q2
Fortune Brands, Inc., parent company of the Acushnet Golf business, reported that company-wide net sales decreased 8.6% for the second quarter to $2.10 billion. For the Acushnet Company, which includes Titleist, Cobra and FootJoy, second quarter net sales
Report: Boscov’s Also Facing Credit Troubles
Following on the troubles of Steve & Barry's and most recently Mervyn's, it appears another industry retailer is facing major hurdles. Boscov's, a Reading, Pa.-based department-store chain, is scrambling to keep itself afloat as a drop in c
Delta Raises Guidance on 14% Q4 Sales Growth
Delta Apparel, Inc. reported record fourth quarter fiscal 2008 revenue of approximately $105 million, an increase of over 14% from the prior year fourth quarter as sales grew in each of its operating divisions. This results brings full year fiscal 2008 re
Molten Reaches Settlement with Tachikara
Molten U.S.A., Inc. has agreed to cease use of a VB LITE mark on volleyballs marketed by the company within six months of a June 25, 2008 Settlement Agreement with Tachikara U.S.A., Inc. Tachikara has manufactured and marketed volleyballs for the 12 & und
Tum Yeto Names Brumage as Director of Sales
Tum Yeto, Inc. has appointed Glenn Brumage as director of sales & departmental solutionator. Glenn has been in the Action Sports industry for over 25 years and has been involved with everything from owning a five-man sales rep agency to being a buyer at H
Gatorz Eyewear Taps HCK Global for North America Sales
Gatorz Eyewear has signed an agreement with HCK Global, Inc. to expand its sales force throughout North America. Industry veteran and HCK Global, Inc. president Kevin Keep has planned a strategic initiative to help Gatorz Eyewear become a leader in the hi
Billabong Acquires Skate Longboard Company Sector 9
Billabong International Limited has acquired Sector 9, a Southern California-based skateboard brand. Co-founders and owners Steve Lake and Dennis Telfer and co-owner Dave Klimkiewicz are being retained as part of the acquisition in their current roles. Se