Category: Outdoor

Parallel Universe? I think Not.

January 13, 2003 SGB Update

Recently, industry pundits attempted to draw a parallel between Levi Strauss and Nike, implying that Levi’s fall from grace may portend the same for the world's largest athletic brand. There was an article about NKE in last Sunday’s New York Times ma

Hartford Snags Top Rep Prize; Sporthill Signs On

January 13, 2003 SGB Update

Larry Hartford, principal of Laguna Niguel-based the hartford sales group, had a Merry Christmas this year. The thirty-year industry sales veteran was recently named the west coast recipient of the SGMA/SGAA/Sports Edge Magazine Sales Rep of the

Columbia Gets Canadian Duty Penalty Relief…

January 13, 2003 SGB Update

Columbia and its Sorel unit have been paying additional duties up to 72% since September of last year. The levy was based on an initial Canadian Customs and Revenue Agency finding that nine Columbia footwear models and 37 Sorel footwear models imported f

Vans May Not Meet Lender Covenants…

January 13, 2003 SGB Update

Vans Inc., citing losses that it posted in the second quarter, said it might be failing to comply with one or both of its covenants regarding EBITDA under a credit line for its third quarter ending March 1. The company said its lenders have consented to

Oakley Sees 2003 Earnings Below Street View…

January 13, 2003 SGB Update

Oakley shares were off 4.2% for the week after the company reaffirmed its guidance for fourth quarter and issued its initial expectations for 2003. The company sees Q4 earnings per diluted share of approximately $0.03 before a previously announced Europ

Pac Sun December Comps Jump 16.1%

January 9, 2003 SGB Update

Pacific Sunwear reported that total sales for the five weeks of December of fiscal 2002 were $152.9 million, an increase of 28.7%. Company same-store sales increased 16.1% for the comparable five-week period ended Jan. 4, 2003, with PacSun same-store sal

Payless ShoeSource Dec Same-Store Sales Decrease 0.7%

January 9, 2003 SGB Update

Payless ShoeSource, Inc. reported that same-store sales decreased 0.7% during the December reporting period, the five weeks ended January 4, 2003. Company sales totaled $292.0 million, a 1.4% increase from $287.9 million during December 2001…

Stein Mart December Comps Decrease 0.7%

January 9, 2003 SGB Update

Stein Mart, Inc. announced total sales for the five-week period were $196.9 million, a 3.1% increase from the $190.9 million in sales for the same period in 2001. Comparable store sales for December decreased -0.7% from the previous year…

JC Penney December Comps Increase 4.7%

January 9, 2003 SGB Update

JC Penney Company, Inc. reported that comparable department store sales increased 4.7% for the five weeks ended December 28, 2002, compared with last year's strong 5.4% gain…

May Company December Comps Decrease 4.7%

January 9, 2003 SGB Update

The May Department Stores Company reported preliminary net retail sales of $2.57 billion for the five-week period ended Jan. 4, 2003, a 2.9% decrease from $2.65 billion in the similar period last year. Store-for-store sales decreased 4.7%…

ShopKo December Comps Dip 0.2%

January 9, 2003 SGB Update

ShopKo Stores, Inc. reported consolidated sales for the five weeks ended January 4, 2003 were $477.0 million, 0.5% lower than the $479.7 million reported for the same period last year. Consolidated comparable store sales declined 0.2%…

Value City December Comp Store Sales Dip 1.8%

January 9, 2003 SGB Update

Value City Department Stores, Inc. announced today total sales for the five weeks ended January 4, 2003, increased 11.8% to $322.4 million from $288.5 million for the five weeks ended January 5, 2002. The company's same store sales decreased 1.8% fo

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