Saks Inc. announced that owned sales totaled $246.9 million for the four weeks ended May 1, 2010 compared to $238.7 million for the four weeks ended May 2, 2009, a 3.4% increase. Comparable store sales increased 3.2% for the month…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Ross Stores’ April Comps Climb 3%
Ross Stores, Inc. reported that sales increased 7% to $570 million for the four weeks ended May 1, 2010, up from $534 million for the four weeks ended May 2, 2009. Comparable store sales for the month grew 3% on top of a 6% gain in the prior year period..
Neiman Marcus Sees 11% April Comp Gain
Neiman Marcus, Inc. reported comps grew 10.9% during April. Total sales advanced 12.4% to $305 million from $271 million a year ago…
Jones Apparel Acquires Stuart Weitzman
Jones Apparel Group Inc. agreed to buy 55% of Stuart Weitzman Holdings LLC, a high-end women's footwear and accessories maker, for about $180 million…
Bakers Footwear’s Q1 Comps Dip 1.6%
Bakers Footwear Group, Inc. reported sales for the first quarter of $43.5 million, decreasing 3.2% from $45.0 million for the thirteen weeks ended May 2, 2009. Comparable store sales for the first quarter of fiscal 2010 decreased 1.6%, compared to a compa
Spyder Hires PR Firm
Spyder Active Sports has appointed Akimbo Communications to oversee the company's media relations and social media campaigns…
Crocs Returns to Profitability on 24% Revenue Gain
Crocs, Inc. reported first-quarter revenues jumped 23.7% to $166.9 million compared to revenue of $134.9 million in the year ago period. First quarter 2010 net income was $5.7 million, or 7 cents a share, compared to a loss of $22.4 million, or 27 cents,
Sport Supply’s Q3 Revenues Increase 2.8%
Sport Supply Group, Inc. reported sales increased 2.8% in the third quarter ended March 31, to $65.5 million from $63.7 million a year ago. Net Income decreases 8.5% to $3.2 million, or 25 cents a share, from $3.5 million, or 26 cents, in prior year perio
Under Armour Hires E-Commerce Head
Under Armour appointed John Rogers, who most recently was vice president of multi-channel marketing at Orvis Co., as its head of e-commerce business…
Golfsmith Q1 Sales Dip 2%
Golfsmith International Holdings, Inc. reported sales dipped 1.7% in the first quarter to $67.6 million compared to net revenues of $68.8 million for the first quarter of fiscal 2009. Net revenues reflect a 1.0% decrease in comparable store sales and a 13
Intrawest Refinances Debt
Ski resort operator Intrawest has reached a deal to refinance its corporate debt, apparently staving off a bid by lenders to auction off the company's assets…
Hat World Acquires Brand Athletics
Hat World, Inc., a subsidiary of Genesco Inc., has acquired Brand Athletics, Inc., a team dealer, custom screen printer and embroidery operator based in Tigard, OR in the metropolitan Portland area…
Nike to Increase Sales by 40% by 2015
In its first analyst meeting in three years, Nike announced plans to increase sales by 40% to $27 billion by 2015. In its full fiscal year ended May 31, 2009, its sales were $19.2 billion. Significant growth is expected to come from foreign markets, appar
Sean John to be Sold Exclusively at Macy’s
Sean John, the contemporary fashion sportswear company, and Macy's, Inc., announced they have reached an agreement under which Macy's will be the exclusive U.S. department store retailer for the Sean John men's sportswear collection beginni
Snow Sports Sales Grow 4% in ’09/’10 Season
Snowsport Sales for the 2009/2010 season were up 4% over last season, according to the SIA Retail Audit. Snow sport retailers sold $2.94 billion this season compared to $2.82 billion a year ago. Although sales were up in dollars, fewer units were sold thi
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