Urban Outfitters, Inc. reported earnings rose 92% in the fourth quarter to $78 million, or 45 cents a share. Fourth-quarter comparable retail segment sales rose 9%, with total sales up 16% to $589 million…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Genesco Sees 6% Q4 Profit Gain on Flat Comps
Genesco Inc. reported fourth-quarter sales increased 6% to $479 million from $452 million a year ago. Comparable store sales were flat. Comp's at Hat World Group increased by 6%, the Journeys Group decreased by 3%, Underground Station decreased by 2%
Macy’s Same Store Sales Jump 3.7%
Macy's reported a better-than-expected rise in February same-store sales Thursday, and the department-store operator said sales would have been even stronger if it weren't for the winter storms that rocked the East Coast…
Saks’ February Comps Rise 2%
Saks Inc. announced that owned sales totaled $171.8 million for the four weeks ended Feb. 27, 2010 compared to $166.6 million a year ago, a 3.1% increase. Comparable store sales increased 2.0% for the month…
Cabela’s Appoints Supply Chain Officer
Cabela's Inc. hired Doug Means as its executive vice president and chief supply chain officer. Previously, Means served as Executive Vice President of Production for Better Sportswear at Jones Apparel Group…
Nike Names Hilary Krane to General Counsel
Nike Inc. announced that Hilary Krane is joining the company as vice president and general counsel. Krane, 46, joins Nike from Levi Strauss & Company, where she had worked since 2006 as executive vice president, general counsel and corporate affairs…
Ecco USA’s President and CEO to Retire
Ecco USA's President and CEO Tom Nelson will retire, effective June 1. Current COO Dave Quel will assume the role of acting president…
Escalade’s Sporting Good Revenues Slid 11.3% in Q4
Escalade, Inc. earned $1.1 million, or 9 cents a share, in the fourth quarter ended Dec. 26, compared with a loss of $4.6 million a year ago. Revenues declined 11.8% to $29 million from $32.9 million.Sporting Goods net revenues for the quarter ended Dec.
Canada Goose Opens Third Intuit Resource Center in Canada
Canada Goose, the maker of down-insulated outerwear, is establishing a third Canada Goose Resource Center at Larga Baffin Ltd. in Ottawa, Ontario. Canada Goose also announced that Tilley Endurables, the maker of hats and travel clothing, will be providing
Adidas’ Q4 Profit Slides 65%, Sales Down 4.5%
Adidas AG reported fourth-quarter earnings tumbled 65% as sales fell 4.5%. Currency-neutral basis sales were stable compared with a year earlier although currency-neutral sales in North America declined 7%. However, for the first time since the acquisitio
Brown Shoe Q4 Returns to the Black, Famous Footwear’s Comps Surge 9%
Brown Shoe reported earnings in the fourth quarter were $5.0 million, or 12 cents a share, versus a net loss of $153.0 million, or $3.68 a share, in the year-ago quarter. On an adjusted basis, excluding charges and recoveries, earnings were $8.1 million,
Stage Stores Begins Development of eCommerce Platform, Promotes CIO
Stage Stores, Inc. announced that Steven Hunter, senior vice president, chief information officer, has been promoted to EVP, CIO. The promotion is being made in conjunction with Hunter assuming responsibility for the Company's eCommerce initiative…
Saucony Run For Good Awards Grants
The Saucony Run For Goods Foundation, established to help combat childhood obesity by providing financial support to community-based youth running programs, has announced its latest round of grant winners. The nine grant recipients include organizations..
Merrell Launches “Park Ranger for a Day” Contest
Merrell and National Park Foundation kicked off the third annual Junior Ranger Essay Contest asking kids: If you were a National Park Ranger for a day, how would you describe the national parks to someone who's never been before?…
KEEN Hybrid.Care Partners with 88bikes
88bikes Foundation, a non-profit dedicated to providing bikes to young people in developing countries and a KEEN Hybrid.Care partner, just completed their fourth project with the gift of 300 bikes to orphans and children rescued from human trafficking in
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