Impacted by the harsh winter weather that extended into many parts of the country into February and March, delays related to a West Coast port dispute, and general softness in consumer spending, several department stores last week reported disappointing f
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Sport Chek’s Hot Streak Continues in Q1
FGL Sports saw same-store sales climb 8.6 percent in the first quarter, led by an 8.7 percent romp by its flagship Sport Chek chain, according to the quarterly report of its parent, Canadian Tire Inc…
Candie’s Launches Instagram Campaign
Candie's will launch its spring/summer 2015 marketing campaign exclusively on the social media network, Instagram…
Nordstrom Posts 4.4 Percent Q1 Comp Gain
Nordstrom, Inc. reported earnings per diluted share of 66 cents for the first quarter ended May 2, which were in-line with company expectations, compared with 72 cents a year ago. Total company net sales increased 9.8 percent and comparable sales increase
Asics America Churns Out Robust Q1 Growth
Asics America Group (AAG), which includes the U.S., Canada, Mexico and Brazil, reported sales rose 1.8 percent in the first quarter and expanded 5.0 percent on a currency-neutral basis. Asics America Corp. (U.S. only) led the gains, registering a 6.9 perc
Gildan Activewear Trims FY Guidance on Currency Headwinds
While revenues grew double-digits, Gildan Activewear Inc.’s first-quarter earnings fell on previously-announced price reductions. The company also slightly narrowed its EPS guidance range for the year to reflect further foreign currency devaluation.
Perry Ellis Sees Strength in Golf and Nike Swim in Q1
Perry Ellis International Inc. reported healthy gains in its two sports segments, Golf Apparel and Nike Swim, in the first quarter…
Risk Capital Partners Acquires Majority Stake in Zoggs
Risk Capital Partners (RCP) has bought a majority stake in Zoggs, the global swimming products brand. RCP will support the existing management team led by Mark Hammersley…
Hillsound Equipment Sponsors Iron Knee, Tender Knee Trail Race
Hillsound Equipment, the maker of adventure and fishing traction equipment and gaiters for urban and outdoor enthusiasts, will sponsor the 13th annual Iron Knee, Tender Knee Trail Race in North Vancouver. The multi-distance, point-to-point competition…
Fitsok Announces Sponsorship of Grandma’s Marathon
Fitsok, makers of high performance technical socks for runners, announced their official sponsorship of the Grandma’s Marathon in Duluth, MN. Grandma’s Marathon is the 16th largest marathon in the U.S…
Skechers Named a Best Perceived Brand by Mothers in YouGov BrandIndex
Skechers USA, Inc. has been named a top ten best perceived brand by mothers according to the consumer perception firm YouGov BrandIndex…
Converse Officially Opens World Headquarters and Debuts Flagship Store
Converse Inc. announced the grand opening of its new world headquarters on Boston’s Lovejoy Wharf and the opening of the its sixth inline retail store in the U.S. on Friday, May 15. The 214,000-square-foot headquarters, located at 160 North Washingt
HanesBrands Honors Wake Forest Baptist Medical Center
HanesBrands awarded Wake Forest Baptist Medical Center and its medical professionals with the company’s first Hanes for Good Champion Award for outstanding commitment to community service…
Lululemon Announces Departure of EVP, Global Retail
Lululemon Athletica Inc. announced the resignation of Delaney Schweitzer, executive vice president, global retail, effective May 29. Schweitzer began her career at Lululemon in 2002…
Democrats Yield in Senate Trade Deal
Senate leaders reached an agreement Wednesday to revive a bill that would provide fast-track trade-negotiation powers to President Barack Obama, one day after Democrats blocked the measure…
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