Kellwood Company has entered into a merger agreement with Sun Capital providing for a prompt merger if Sun Capital's tender offer is successful on February 12, 2008, and upon the closing of the tender offer Sun Capital owns a majority of the company&
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Shirts and Skins Expands into New Headquarters
Shirts & Skins, Inc. (S&S) plans to move its corporate office/warehouse to Tualatin, Oregon, a suburb of Portland, in Mid-February of 2008. The new building will be approximately 15 miles from its current location in Beaverton, OR…
Nike Adds VP of Footwear Design
Nike, Inc. has named Peter Hudson as VP of footwear design, responsible for inspiring, directing, and developing Global Footwear Design for the Nike brand. He will report to Sandy Bodecker, Nike’s VP of global design and Eric Sprunk, Nike’s VP of global f
Wolverine Adds Gerber to Board of Directors
Wolverine World Wide, Inc. appointed William K. Gerber to the company's Board of Directors. Mr. Gerber has not been appointed to serve on any committees of the company's Board of Directors…
ASICS Sees Nine-Month Revenue Jump 16.7%; Names President
ASICS Corp. reported 16.7% revenue growth for the first nine months of the year to ¥166.01 billion ($1.42 bn) from ¥142.21 billion ($1.23 bn) for the year-ago period. The company saw strong operating income growth of 14.9% to ¥19.15 billion ($163.5 mm), b
Pacific Sunwear January Comps Decrease 7.4%
Pacific Sunwear of California, Inc. saw net sales for the four weeks of fiscal January decreased 3.7% to $66.3 million from $68.9 million for the same four week period last year. PacSun sales were $59.6 million, a slight increase over last year, but demo
Shoe Carnival Reports 5.7% Decline in Q4 Comps
Shoe Carnival, Inc. reported a 7.3% decline in sales for the thirteen-week fourth quarter to $164.3 million from sales of $177.2 million for the fourteen-week period last year. Sales of approximately $11.5 million were recorded in the extra week of the fo
The Buckle January Comps Jump 19.1%
The Buckle, Inc. saw a 19.1% jump in comparable store sales for fiscal January. Total net sales increased 26.4% compared to the 4-week period ended February 3, 2007. Net sales for the four-week fiscal month decreased 2.3% to $39.2 million from net sales o
Costco Reports 7% Rise in January Comps
Costco Wholesale Corporation reported an 11% increase in net sales for the four weeks of fiscal January to $5.11 billion from $4.62 billion in the same four-week period last year. Comparable store sales increased 7% for the month…
Stage Stores January Comps Inch Up 1.0%
Stage Stores, Inc. reported total sales for this year’s four-week January period were $82.1 million vs. $99.5 million for last year’s five-week January period. Excluding last January’s fifth week sales of $21.4 million, the company achieved an overall sal
Urban Outfitters Reports 11% Improvement in January Comps
Urban Outfitters, Inc. saw total sales for the fourth quarter jump 29% over the comparable quarter last year to a record $465 million. Comparable store sales at Anthropologie, Free People and Urban Outfitters rose by 18%, 19% and 6%, respectively, for a c
Timberland Sees Net Income Down 33.4% on Sales Decline
The Timberland Company recorded fourth quarter net income $24.1 million, down 33.4% from the year-ago result of $36.2 million. Revenue fell 9.3% to $442.7 million as U.S. revenues declined 17.3% to $258.6 million. Foreign exchange rate changes increased f
Gottschalks Posts 7.4% January Comps Decline
Gottschalks Inc. reported a 7.4% decrease in January comps. Total sales for the four-week month decreased 30.8% to $30.1 million from $43.5 million for the five-week period ended February 3, 2007. Excluding the additional week in January 2007, total sales
Bon-Ton Posts 1.3% Consolidated Comps Decline
The Bon-Ton Stores, Inc. reported combined comparable store sales for fiscal January decreased 1.3% compared to the prior year period. Carson’s comparable store sales decreased 3.2% and Bon-Ton comparable store sales increased 2.4% compared to the prior y
Retail Ventures Sees Comps Slip in January
Retail Ventures, Inc. saw total sales for the thirteen-week fourth quarter decrease 11.9% to $769.9 million from $874.0 million for the fourteen-week period last year. The company's same store sales decreased 0.1% for the comparable thirteen week per
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