Author: Teresa Hartford

Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741

New Balance Promotes Preston to EVP – Int’l

January 11, 2008 SGB Update

New Balance has promoted Joe Preston to executive vice president, international. Preston, a New Balance associate since 1995, began his New Balance career as Senior Product Manager – Running and Custom Products, before moving on to lead the Dunham brand i

Hi-Tec Names Global MTO Product Manager

January 11, 2008 SGB Update

Global sports brand HI-TEC SPORTS has appointed Mark Cooper as global MTO product manager. With over 21 years of industry experience in sales and product development, Cooper has worked for numerous brands including Adidas UK, Ascot, Patrick UK and Dunlop

Luxottica Expects 7.1% Revenue Growth for 2007

January 11, 2008 SGB Update

In an interview with Italy's financial daily Il Sole 24 Ore, Andrea Guerra, CEO of Luxottica Group S.p.A., commented that fiscal year 2007 will be another record year for the Group. Mr. Guerra indicated that Luxottica will close the year with nearly

Sport Chalet Expects Q3 Loss on Comps Decline

January 11, 2008 SGB Update

Sport Chalet, Inc. announced that it expects sales to rise only 1.1% for the fiscal third quarter ended Dec. 30 to $116.0 million from $114.7 million in the year-ago quarter. Comparable store sales for the third quarter are expected to decline approximate

NSGA: Athletic Footwear ASP Rises 2.1% in 2007

January 11, 2008 SGB Update

According to preliminary data from the NSGA's “Sporting Goods Market in 2008,” the average price point for athletic footwear in 2007 rose 2.1% to $43.03 from 2006. In 2006, the average price rose to $42.16 (+3.4%) from $40.78 in 2005…

The Buckle Posts Strong 18.7% December Comps Jump

January 10, 2008 SGB Update

The Buckle, Inc. saw fiscal December sales jump 22.3% to $108.5 million from net sales of $88.8 million for the prior year period. Comparable store net sales, for stores open at least one year, increased 18.7%. On a same-week basis, the company said total

BJ’s Sees December Comps Increase 3.0%

January 10, 2008 SGB Update

BJ’s Wholesale Club, Inc. recorded a 6.2% increase in fiscal December net sales to $1.03 billion from $971.8 million in December 2006. On a comparable club basis, sales increased by 3.0% for the month of December, including a contribution from sales of ga

Dillard’s Posts 5% December Comps Decline

January 10, 2008 SGB Update

Dillard’s, Inc. saw a 5% decline in both overall and comparable store sales for fiscal December. Net sales totaled $1.17 billion, down from $1.22 billion for the year-ago month. Sales for the combined November and December period, the nine weeks ended Jan

Bon-Ton Consolidated December Comps Drop 11.3%

January 10, 2008 SGB Update

The Bon-Ton Stores, Inc. reported that net sales for fiscal December decreased 13.0% to $558.2 million compared to $642.0 million for the prior year period. Bon-Ton and Carson’s combined comparable store sales for the five weeks decreased 11.3%. Carson’s

TJX Co.’s December Comps Increase 3.0%

January 10, 2008 SGB Update

The TJX Companies, Inc. reported December sales grew 6.0% to $2.5 billion from $2.3 billion for the year-ago month. For the 48 week, year-to-date period, sales reached $17.5 billion, a 7% increase over last year’s $16.4 billion. Consolidated comparable st

J.C. Penney Sees December Comps Decline 7.5%

January 10, 2008 SGB Update

J. C. Penney Company, Inc. comparable department store sales decreased 7.5% for fiscal December, compared with guidance for a mid-single digit decrease and a 2.6% increase in last year’s December period. Total department store sales decreased 4.5% for the

Neiman Marcus Sees 2.9% Rise in December Comps

January 10, 2008 SGB Update

Neiman Marcus, Inc. recorded a 4.9% increase in total revenues for fiscal December to $723 million from $689 million for the same fiscal month last year. Comparable store sales increased 2.9% for the month…

Ogio Adds Six Reps to Golf Sales Force

January 10, 2008 SGB Update

Ogio has added six new sales representatives to its Golf sales force. Tom Plungis will cover Arizona, New Mexico, and Las Vegas territories; Brian Sparrow, North and South Carolina; Mack Carneal, western and central Florida; Hunter Martin, Virginia, Delaw

Access Distribution Acquires Capix

January 10, 2008 SGB Update

Access Distribution has acquired the Capix brand, in the process hiring Jody Carlson as brand manager for Capix. Jody Carlson brings over 12 years of experience and knowledge in the action sports business to the new role…

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