Kohl’s Corporation reported comparable store sales decreased 8.3% for fiscal January. Total sales for the January fiscal month were $791.4 million, down 20.4% from $994.8 million for the five-week period last year. Total sales for the additional week in f
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Luxottica Expects to Exceed €6.1 billion by 2009
Luxottica Group S.p.A. expects to exceed €6.1 billion in consolidated sales for fiscal year 2009, assuming an average exchange rate of 1 euro = US$1.45, reflecting an increase of 27% at constant exchange rates from fiscal year 2007. Consolidated sales for
Callaway to Produce St Andrews Links Accessories
Callaway Golf has agreed to a five-year worldwide license with St Andrews Links to develop a dual branded range of golf accessories. The partnership, brokered by Copyright Promotions Sport on behalf of St Andrews Links, will allow the world famous St Andr
Turner PR Names Senior Director for NYC
Turner Public Relations, Inc. has added LoriBeth Slosek as senior director in its New York headquarters and showroom. In her new position, Slosek will lead accounts for the consumer lifestyle product team working with internationally recognized brands in
Lacrosse’s Danner Awarded USMC Boot Contract
LaCrosse Footwear, Inc. was awarded a $900,000 contract to supply 5,730 pairs of cold weather boots from its Danner subsidiary to the United States Marine Corps. Danner will supply the troops in Afghanistan with the boots in the first half of 2008…
Amer Sees Winter Sports Weakness Drag Q4, 2007 Results
Amer Sports reported a 14.5% decrease in fourth quarter sales to €497.1 million ($720.0 mm) from €581.6 million ($750.0 mm) for the year-ago period. For the full year, net sales decreased 7.8% to €1.65 billion ($2.26 bn) from €1.79 billion ($2.25 bn) last
Amer Sees Winter Sports Weakness Drag Q4, 2007 Results
Amer Sports reported a 14.5% decrease in fourth quarter sales to €497.1 million ($720.0 mm) from €581.6 million ($750.0 mm) for the year-ago period. For the full year, net sales decreased 7.8% to €1.65 billion ($2.26 bn) from €1.79 billion ($2.25 bn) last
prAna Management Team Buys Back Brand with PE Help
Liz Claiborne Inc. has entered into an agreement to sell substantially all of the assets and liabilities of prAna to prAna Living, LLC, a company formed by prAna's management team and Steelpoint Capital Partners for a purchase price consisting of a $
REI Sees 8.2% 2007 Comps Growth
Recreational Equipment, Inc. (REI) reported sales of $1.34 billion for fiscal year 2007, growing 13.5% from 2006. In addition, REI’s comp store sales showed continued strength in 2007 at 8.2%, marking three consecutive years of 8% or higher. For the year,
Mizuno Sees Net Income Drop on Q3 Sales Gain
Mizuno Corp. saw first half net sales increase 9.5% to ¥130.11 billion ($1.15 bn) from ¥118.81 billion ($1.01 bn) in the year-ago half. Gross margins declined 90 basis points to 41.6% of sales from 42.5% last year. Net income dropped 22.0% to ¥2.87 billio
VF Corp. Sees 22% Q4 Growth Fueled by Outdoor Coalition
VF Corporation saw fourth quarter revenues increase 22% to a record $1.96 billion, compared with $1.60 billion in the fourth quarter of 2006. Net income grew 51.4% for the quarter to $164.4 million from $108.6 million in the year-ago quarter. For the full
Duofold Extends PSIA and AASI Partnerships
The Professional Ski Instructors of America (PSIA), the American Association of Snowboard Instructors (AASI), and Duofold have extended their base layer products partnership. Entering their 18th year of continued partnership, PSIA-AASI and Duofold have de
Aetrex Names Women’s Product Director
Aetrex Worldwide has named Susan Ryder as the company’s new women’s product director. Ryder, who has worked as a product designer for the footwear industry for more than 20 years, will be responsible for incorporating a fresh design sense into all of Aetr
Twins Enterprise Partners with Alyssa Milano
In 2007 Twins Enterprise, Inc. entered into an exclusive headwear licensing deal with Alyssa Milano and her line of apparel and accessories called Touch, by Alyssa Milano, which is produced by G-III. The license is in conjunction with Major League Basebal
ECCO Appoints Head of Global Golf
ECCO has named Michael Waack as Head of Global Golf. Based at ECCO corporate headquarters in Tønder, Denmark, Waack will be tasked with overseeing continued expansion of the brand's distinctive golf shoes in existing markets and developing robust sal