Golfsmith posted a mid-singles increase in net sales for the first quarter, thanks to the addition of 13 stores that are not included in the comp base. Comparable store sales actually declined 9.3% for the quarter. According to the company, “comparable s
Category: Apparel
Rumors Swirl Around Potential Backpacker Magazine Sale…
Folio is reporting that Rodale is in the final stages of selling Backpacker magazine to a private equity backed media company called Active Interest Media…
Puma AG Outlook Takes Hit from Major Account, World Cup Comparisons…
Puma AG has run into a snag in its plans to reach $4 billion in sales by the end of its Phase IV initiative, but the company apparently sees the current situation as more of a bump along the road than a shift in direction for the brand. The company is ta
DSW Follows Zumiez Lead…
DSW Inc. reported net sales for the first quarter increased 12.8% to $357.0 million compared with $316.5 million for the thirteen-week first quarter ended April 29, 2006. Same-store sales decreased 3.6% for the comparable thirteen-week period versus an in
TJX Comps Slip 1.0%
The TJX Companies, Inc. April sales were $1.28 billion, up 2% over the $1.26 billion achieved during the four-week period ended May 6, 2006. For the thirteen weeks ended May 5, 2007, sales reached $4.2 billion, a 7% increase over last year's $3.9 bil
Stage Stores Comps Fall 14.8% in April
Stage Stores, Inc. total sales for the four-week April period beginning April 8, 2007 and ending May 5, 2007 decreased 13.8% to $102.6 million from $119.0 million in the prior year four-week period beginning April 2, 2006 and ending April 29, 2006. Compar
Centerstone Adds Ogio to iVendix Client List
CenterStone Technologies, Inc. reported that Ogio, of Bluffdale, Utah, is the newest client to select the company’s iVendix software application. iVendix will provide Ogio with a business-to-business (B2B) online ordering solution for more than 2,000 of t
Neiman Marcus April Comps Inch Up 1.0%
Neiman Marcus, Inc. saw net revenues increase 3.0% for the month of April to $346 million from $335 million during last year's month. Comparable store revenues totaled $339 million, increasing 1.0% from $335 million last year. For the company's
Golf Town Q1 Comps Decline Drives Widened Loss
In the first quarter of fiscal 2007, Canadian golf specialty retailer, Golf Town, saw sales grow 6.3% to CA$31.9 million ($27.3 mm) from CA$30.0 million ($26.0 mm) last year. The growth in sales was attributable to the addition of four new stores in the s
Callaway Golf Working to Keep Up with Fusion Demand…
Though it is still early in the year, especially for the golf industry, Callaway Golf Company saw strong enough results and consumer demand to raise guidance for the rest of the year. The company saw sales gains come from all regions and from all product
Iconix Acquisitions More Than Double Q1 Licensing Revenue…
Iconix Brand Group, Inc. saw Q1 licensing revenues more than double to $30.8 million from $13.3 million. EBITDA for the quarter increased to $23.3 million from $8.4 million; net income increased to $12.7 million, or 21 cents a share, from $7.4 million, or
SIA: Apparel and Internet Sales Keep Industry Moving Forward…
While the snow finally started falling in February, it was clearly not enough for snow sports retailers to clear out their hardgoods inventories. Even with aggressive discounts and promotions, inventory levels at specialty retailers are up considerably, a
Garmin Sees Q1 Sales Slide in Outdoor/Fitness Segment…
Garmin Ltd. recorded Q1 revenues jumped 53% to $492 million as a 110% gain in its Automotive/Mobile segment offset lower sales in its Outdoor/Fitness and Marine segments…
Yakima Opens West Coast D.C….
Yakima has opened a distribution center in Riverside, Calif., that will decrease delivery time by 50% for western customers. Retailers can expect a one to two day transit time instead of the previous distribution schedule of four to five days. Yakima will
Norcross Acquires NEOS
Norcross Safety Products (NSP), parent company of North Safety Products, has acquired New England Overshoe (NEOS), a leading overshoe manufacturer for industrial and consumer markets. New England Overshoe makes NEOS brand overshoes, rugged all-terrain and
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