Wacoal Sports Science Corp. (WSSC), makers of CW-X Performance Conditioning Wear, has renewed its partnership with the United States Bobsled & Skeleton Federation (USBSF) as the team's official base layer supplier. The athletes will receive apparel f
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Wal-Mart Reports November Comps Slide 0.7%
Wal-Mart Stores, Inc. reported November same-store sales slipped 0.7% in its U.S. stores. Total sales gained 8.4% to $301.5 billion from $277.6 billion. Comps grew 5% at Sam's Club and 1.4% in its international division but fell 0.8% at Wal-Mart dome
Dillard’s Comps Rise 1%
Dillard’s, Inc. reported November sales gained 2% to $559.3 million from $550.1 million. Sales in comparable stores increased 1% for the period…
Saks Comps Vault 25.7%
Saks Inc. reported November revenues rose 26.3% to $347.6 million from $275.3 million. Comparable store sales increased 25.7%…
Target Misses Sales Plan
Target Corporation reported a 10.8% comparable store gain during November, but sales fell short of internal plans. Total sales increased 16.7% to $5.97 billion from $5.12 billion. Comparable-store sales in the year-ago month grew 1.1%…
TJX Comps Rise 7%
The TJX Cos., Inc. saw a 7% increase in November same-store sales. Total revenues advanced 10% to to $1.8 billion from $1.6 billion…
Billabong Acquires Tigerlily Swimwear
Billabong International Ltd. agreed to buy Tigerlily swimwear for an undisclosed price, its first acquisition exclusively focused on female clothing…
RECALL: Nordic Track and Reebok Inversion Benches
The U.S. Consumer Product Safety Commission (CPSC), in cooperation with the Icon Health & Fitness Inc announced a voluntary recall of about 22,000 Nordic Track and Reebok inversion benches. CPSC said the ankle clamp mechanism can release unexpectedly, pos
Nautilus Fires Off Letter to Shareholders
Nautilus mailed a letter to to shareholders to prevent a hostile takeover of the company in an upcoming proxy fight. The letter highlighted significant positive changes under new CEO, Bob Falcone. The letter comes as Sherborne Investors LP, an investment
G-III Apparel Group Shows Small Profit Gain
G-III Apparel Group, Ltd. reported Q3 sales increased by 10.8% to $271.2 million from $244.7 million in the same quarter of last year. Net income rose slightly to $23.8 million, or $1.41 a share, from $23.3 million, or $1.59, in the prior year’s period…
Forzani to Close 37 Athletes World stores
Forzani Group Ltd. announced plans to shut 37 outlets of the just-acquired Athletes World chain. Speaking Tuesday during a conference call, Forzani chief operating officer Bill Gregson said money-losing stores will be closed once Athletes World finishes r
180’s Hires VP of Sales
180s, best known for its behind-the-head ear warmer, has hired Brian Mangione as its new Vice President of Sales. Mangione comes to 180s with over 15 years of experience in sales, management, operations and marketing in the athletic footwear and apparel,
Gear-Up Sports Worldwide to Sponsor Major League Lacrosse
Major League Lacrosse (MLL), the professional outdoor lacrosse league, and Gear-Up Sports Worldwide announced that they have agreed upon a two-year extension of its sponsorhip agreement. Gear-Up Sports first joined the league as an Official Partner and Eq
Mountain Equipment Co-op Hires CEO
Mountain Equipment Co-op, based in Vancouver, has promoted David Labistour, presently MEC's senior manager of buying and design, as its new CEO. Labistour will take over from Peter Robinson, who has led the Co-op since 2000 and is moving to the chief
Genesco Hurt by Third Quarter Journeys Results; The Finish Line Subpoenaed in Merger Deal…
The Finish Line has become the latest party to receive a grand jury subpoena from the Office of the U.S. Attorney to produce documents relating to its merger with Genesco. The Finish Line said in a statement that it is complying with the request and does
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