Thomas J. Ryan | Page 946 | SGB Media Online

TJX’s January Comps Jump 12%, Raises Guidance

February 4, 2010 SGB Update

The TJX Companies, Inc. reported sales for the four-week period ended Jan. 30, 2010 climbed 20% to $1.3 billion from $1.0 billion a year ago. Consolidated comparable store sales increased 12% versus a 4% decrease in the same period last year…

Neiman Marcus’ Comps Improve 6.8% in January

February 4, 2010 SGB Update

Neiman Marcus, Inc. reported same-store sales in January rose 6.8%. Total sales climbed 8.3% to $242 million from $223 million…

Point6 Appoints Bill Post as President

February 4, 2010 SGB Update

Point6, the manufacturer of wool socks, plans to appoint Bill Post as its new president, effective March 1, 2010. Post most recently served as president and CEO of Nordica Apparel, and also served as president for Sport Obermeyer in Colorado…

Bakers Footwear Comps Inch Up 0.8%

February 4, 2010 SGB Update

Bakers Footwear Group, Inc. said net sales in January were unchanged at $11.9 million compared to the same period last year. Comparable store sales increased 0.8%, compared to an increase of 4.2% for the four-week period ended January 31, 2009…

Spyder Promotes Joe Vernachio to COO

February 4, 2010 SGB Update

Joe Vernachio has been promoted to Spyder's chief operating officer post and immediately assumes responsibility for all Spyder operations. Vernachio previously held positions as executive vice president of product and VP of development and production

Unifi Returns to Profitability

February 4, 2010 SGB Update

Unifi Inc. earned $2.0 million, or 3 cents a share, in the second fiscal quarter ended Dec. 27, 2009, rebounding from a net loss of $9.1 million or 15 cents, for the prior year quarter. Net sales for the quarter increased $16.5 million or 13.1% to $142.3

Lafuma Creates Mountain Division, Eyes U.S. Growth

February 4, 2010 SGB Update

The Lafuma Group in Europe has created a new 'Mountain Division' since the acquisition of Eider and Killy. The division which includes Eider, Killy and Millet will share sourcing, logistics, customer support as well as credit services…

China Protests EU Tariffs

February 4, 2010 SGB Update

China filed a complaint against European Union shoe tariffs at the World Trade Organization as Beijing continued its legal assault on what it says is unfair Western protectionism. Europe has grown increasingly concerned about China's balance of trade

Sport Chalet Collects Nearly 1MM Pairs of Shoes for Haiti Relief Effort

February 4, 2010 SGB Update

Soles4Souls, the shoe charity organization, said Sport Chalet has collected more than 950,000 pairs of shoes for Haiti Relief in two weeks since the program was launched. From January 14 through January 31, 2010, new and gently worn shoes were dropped off