The Forzani Group Ltd. cut its net loss in the second quarter ended Aug. 1 with the aid of improved margins and sales. Total revenue was up 6.5% from a year earlier led by a 5.6% increase in retail sales from corporate stores. The Canadian sporting goods
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
G.H. Bass Parent Swings to Second-Quarter Loss
Phillips-Van Heusen Corp., the parent of G.H. Bass, widened its loss in the second quarter but indicated revenue and GAAP and Non-GAAP EPS exceeded company's guidance and consensus estimate. Full-year revenue and EPS guidance was increased…
Kokatat Appoints Rep for Southwest
Kokatat, the watersports apparel and accessories company, extended the territories of its rep, Ted Keyes. In addition to his current territories, Keyes is now responsible for California, Nevada and Arizona…
SGMA Identifies America’s Fittest Cities
While a significant percentage of Americans – from Maine to Hawaii – are utilizing home gyms and health clubs to exercise in order to stay fit, the largest concentration of 'fitness-oriented' Americans is in the 'Sun Belt.' According
Flat Fitty to Relocate to Carlsbad, CA
Flat Fitty, the maker of headwear for the action sports market, will be relocating from its Shenzhen, China production offices to its Carlsbad, CA offices in the immediate future…
July Golf Rounds Slide 5%
According to Golf Datatech, golf rounds played in the U.S. were down 5.1% in July compared to July 2009 and down 3.3% on a YTD basis…
Dick’s SG Sued by Employees for Overtime
Dick's Sporting Goods Inc. is being sued by a group of employees who claim they were forced to work without overtime pay…
Bakers Footwear’s Comps Inch Up 0.9% in August
Bakers Footwear Group, Inc. said sales during August decreased to $11.1 million, down from $11.2 million in the same period last year. Comparable store sales increased 0.9%, compared to a decrease of 10.3% in the prior year's month…
Genesco Acquires Anaconda Sports
Anaconda Sports, one of the largest team dealers in the east coast, just became the latest dealer to be swallowed up by Genesco Inc. Terms were not disclosed. Said Hat World's President Kenneth Kocher, “The addition of Anaconda Sports is the latest e
Costco August Same-Store Sales Up 7%
Costco Wholesale Corporation reported sales of $5.9 billion for the month of August, an increase of 9% from $5.4 billion in the same four-week period last year…
Macy’s Reports 4.3% August Comp Increase
Macy's, Inc. reported sales of $1.64 billion for the four weeks ended Aug. 28, an increase of 6.2% compared with total sales of $1.54 billion a year ago. On a same-store basis, Macy's, Inc. sales were up 4.3% in August…
Nordstrom’s August Comps Climb 6.3%
Nordstrom, Inc. reported a 6.3% increase in same-store sales for the four-week period ended August 28. Preliminary total retail sales of $615 million for August 2010 increased 13.6% compared with total retail sales of $541 million for the same period in f
TJX Reports 2% Comp Gain in August
The TJX Cos. reported August 2010 sales reached $1.7 billion, up 6% over the $1.6 billion achieved in the year-ago month. Consolidated comparable store sales increased 2% compared to last year…
Neiman Marcus’ August Comps Inch Up 2.9%
Neiman Marcus reported comparable store sales rose 2.9% during August. Overall sales grew 3.9% to $250 million…
Cotton Prices Rise to 15-year Peak
Cotton futures prices rose to their highest levels since 1995 on concern that supplies will fall short amid rising demand from Asia…
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