Co-Founder Sullivan Named Cloudveil President

Cloudveil named Co-Founder Stephen Sullivan president of the company following the resignation of Co-Founder and President Brian Cousins. Cousins leaves Cloudveil after helping to complete its integration with parent company Spyder Active Sports to pursue

SRAM Cycling Fund Makes First Donation

The SRAM Cycling Fund has made a $200,000 contribution to the Safe Routes to School National Partnership. This is the first award made by SRAM's Cycling Fund that was created on Sept. 30, 2008. During the next five years, the Fund plans to award $10

Marc Ecko Looking to Buy MMA Properties

According to iguillotine.com, Marc Ecko Enterprises is the leading bidder for ProElite, Inc., which produces MMA shows and owns the EliteXC MMA brand. The article claims MEE hopes to inherit ProElite’s television contracts with both CBS and Showtime…

Burton Relocates Brands to Vermont

Burton has begun transitioning The Program, which includes snowboard brands Forum, Special Blend and Foursquare, from its Irvine, CA offices to Burton’s Vermont headquarters. The company said the transition will be complete by early February and will allo

Stage Stores November Comps Beat Guidance

Stage Stores, Inc. reported that its total sales for the four week November period ended Nov. 29, 2008 decreased 4.8% due in part to the timing of the Thanksgiving weekend. Comparable store sales decreased 8.0% versus an increase of 3.6% last year…

Bon-Ton Stores November Sales Fall 16%

The Bon-Ton Stores, Inc. comparable store sales for the four weeks ended Nov. 29, 2008 decreased 16.0% compared with the prior year period. Total sales for the four weeks decreased 15.5% to $332.3 million compared with $393.1 million for the prior year pe

Stein Mart Nov. Comps Down 14%

Stein Mart, Inc. reported comparable store sales for the four-weeks ended Nov. 4 decreased 14.2% compared with the yea-ago period. Total sales for the period were $118.8 million, a 15.3% decrease from $140.2 million in the year ago period…

First Shoebox Opened in Asia

NexCen Brands, Inc. opened its first international Shoebox New York store in Hanoi, Vietnam. The store held its grand opening on November 28th with a traditional ribbon cutting ceremony. In the first three days following the opening, Shoebox New York sold

Wal-Mart U.S. Sales Rise 6.5% in November

Sales rose 6.5% and 1.4% at U.S. Wal-Mart and Sam’s Club stores for the four weeks ended Nov. 28, 2008, on comp store gains (excluding fuel) of 3.4% and 3.5% respectively. However, a stronger dollar caused the discounter’s international sales to decline 1

Dillard’s Sees Comps, Total Sales Fall in November

Dillard’s, Inc. merchandise sales for the four weeks ended Nov. 29, 2008 were $505.8 million compared to sales for the four weeks ended Dec. 1, 2007 of $559.2. Total sales decreased 10%. Sales in comparable stores decreased 9% for the four-week period. Sa

Ross Stores’ Comps Dip 2%

Ross Stores, Inc. reported sales of $568 million for the four weeks ended Nov. 29, a 4% increase over the $547 million in sales for the four weeks ended Dec. 1, 2007. Same store sales for the four weeks ended Nov. 29, 2008 declined 2% from the four weeks

Target’s November Comps Slide 10.4%

Target Corporation's sales for the four weeks ended November 29, 2008 decreased 6.1% to $5.6 billion from $5.97 billion. Comps declined 10.4%. Sales results were unfavorably impacted by the loss of seven post-Thanksgiving holiday shopping days compar