Asics America Churns Out Robust Q1 Growth

Asics America Group (AAG), which includes the U.S., Canada, Mexico and Brazil, reported sales rose 1.8 percent in the first quarter and expanded 5.0 percent on a currency-neutral basis. Asics America Corp. (U.S. only) led the gains, registering a 6.9 perc

Department Stores See Soft Q1

Impacted by the harsh winter weather that extended into many parts of the country into February and March, delays related to a West Coast port dispute, and general softness in consumer spending, several department stores last week reported disappointing f

Gildan Activewear Q1 Earnings Slide

Gildan Activewear reported first-quarter earnings slumped 29.3 percent despite a 15.9 percent gain in sales. The company also slightly narrowed its EPS guidance for the full year to reflect further foreign currency devaluation…

Kohl’s Sees Modest Q1 Earnings Gain

Kohl's Corp. reported first-quarter earnings increased 1.6 percent to $127 million, or 63 cents a share, from $125 million, or 60 cents, a year ago. Same-store sales grew 1.4 percent…

Nordstrom Posts 4.4 Percent Q1 Comp Gain

Nordstrom, Inc. reported earnings per diluted share of 66 cents for the first quarter ended May 2, which were in-line with company expectations, compared with 72 cents a year ago. Total company net sales increased 9.8 percent and comparable sales increase

Hydro Flask Names Wallenfels as VP of Worldwide Sales

Hydro Flask has hired Mike Wallenfels as Vice President of Worldwide Sales. Wallenfels brings vast executive experience from the outdoor and active lifestyle industries, and has guided organizational growth in the US, European, and Asian markets…

Dillard’s Q1 Profits Dip

Dillard’s Inc. reported net income slipped in the first quarter, to $109.6 million, or $2.66 per share, compared to net income of $111.7 million, or $2.56 per share, for the prior year first quarter…

L.L.Bean to Open Second Virginia Store

L.L.Bean is set to expand its retail operation with its second Virginia store, scheduled to open November 2015. The new L.L.Bean store will be located at Short Pump Town Center…