Diadora America appointed Mark Wachter as its vice president of sales. In this position, Wachter will manage the sales force and oversee all sales functions for the soccer, tennis and running lines. In addition, Wachter, who began his career at Diadora A
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Golf and Tennis Pro Shop Appoints CEO
Golf & Tennis Pro Shop, Inc., owner and operator of PGA TOUR Superstore, announced the appointment of Dick Sullivan as president and chief executive officer of the company. The appointment is effective September 1. GTPS's founder and former CEO Bill
Shoe Carnival Partners with Soles4Souls
Soles4Souls has partnered with Shoe Carnival to launch a fundraising and national shoe trade-in program at all 300 Shoe Carnival store locations. The programs will begin on Wednesday, September 3 and will end on Wednesday, September 24…
Escalade Ends Evansville Production
Escalade Sports plans to close its last manufacturing operation in Evansville, IN, the company's headquarters, effective September 5. Speaking to the Courier Press, Gary Allan, Escalade's human resources director, said table tennis production wi
Escalade Ends Evansville Production
Escalade Sports plans to close its last manufacturing operation in Evansville, IN, the company's headquarters, effective September 5. Speaking to the Courier Press, Gary Allan, Escalade's human resources director, said table tennis production wi
The Buckle’s July Comps Vault 20.9%
The Buckle, Inc. said comparable store sales jumped 20.9% for the four-week period ended August 2. Net sales increased 28.7% to $57.0 million from $44.3 million a year ago…
Wal-Mart Reports 3.7% July Comp Gain
Same-store sales in the U.S. rose 3.7% at Wal-Mart Stores Inc. Comps rose 3% at the Walmart chain and 7.3% at Sam's Club. Excluding fuel, Sam's Club's comps rose 3%. At Walmart U.S., comps increased in grocery, entertainment and health and
Warnaco’s Swim Profits Jump in Q2
Warnaco Group reported revenues in its swimwear group, which includes Speedo and Calvin Klein, rose 1.9% in the second quarter, to $81.7 million from $80.2 million. Operating earnings for the segment reached $7.7 million, well above earnings of $937,000 a
Under Armour Appoints Deering to Board
Under Armour, Inc. announced that Anthony “Tony” Deering, former chairman of the board and chief executive officer of The Rouse Company, has joined the company's board of directors. Deering is currently chairman of Exeter Capital, LLC, a private inve
Nordstrom’s Comps Drop 6.1% in July
Nordstrom, Inc. reported sales during July declined 6.7% to $840 million from $901 million a year ago.. Same-store sales decreased 6.1%. Preliminary second quarter sales of $2.29 billion decreased 4.3% compared to sales of $2.39 billion during the same pe
Target’s July Comps Rise 1.2%
Target Corporation reported that its net retail sales for the four weeks ended August 2, increased 4.7% to $4.56 billion from $4.36 billion. On this same basis, July comparable store sales declined 1.2%…
Kohl’s Same-Store Sales Drop in July
Kohl's Corp. said its same-store sales fell 10.4% in July, due to lower inventory of spring and summer merchandise. The company said its sales were affected by lower inventory levels of spring and summer items, which were sold on clearance during the
J.C. Penney’s Comps Drop 6.5%
J.C. Penney reported comparable store sales decreased 6.5% for July, compared with the company’s guidance for sales to decrease mid-single digits. In last year’s July period, comparable store sales increased 12%, largely driven by a calendar shift that mo
Finish Line Extends Sole Destination
The Finish Line, Inc. announced that it will extend its partnership with Soles4Souls, the international charity dedicated to providing free footwear to those in need, and will continue the national shoe trade-in program, “Sole Destination,” at all 697 Fin
Amer Q2 Sales Drop 8%, Cuts FY EPS Outlook
Amer Sports reported a smaller underlying operating loss in the second quarter, and cut its outlook for full-year earnings. Q2 net sales decreased 8% to €285.1 million ($441 million). Net sales in local currency terms were at last year's level. Net
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