Adidas Hikes Guidance as Q1 Profit Jumps 25 Percent

Adidas Group's earnings climbed 25 percent in its first quarter as sales grew 18 percent on a currency-neutral basis. Adidas brand and Reebok sales increased 18 percent and 24 percent respectively. Adidas now expects Adidas Group sales to increase at

Costco’s April Comps in U.S. Up 6 Percent

Costco Wholesale Corporation reported net sales of $6.80 billion for the month of April, the four weeks ended May 1, 2011, an increase of 17 percent from $5.83 billion during the similar period last year. Excluding the effects of rising gas prices and fav

Edwin Watts Golf Expands Think Golf It’s Friday Tour

Edwin Watts Golf said its Think Golf It's Friday consumer retail tour, which debuted in early February, has been expanded to more than 30 store locations. Many stops on the 2011 TGIF TOUR have evolved from a series of two-day events designed to promo

Joe Decker Retires as Tecnica’s Colorado Rep

Joe Decker is retiring from Tecnica/Blizzard after 34 years as its sales rep in Colorado. Jeff Sale was appointed to the position of Tecnica/Blizzard sales representative for Colorado. Most recently Sale served as North American director of sales for Spyd

Kenneth Cole Posts Steep Q1 Loss on Store Closing Charges

Kenneth Cole Productions, Inc. reported a net loss of $17.2 million, or 94 cents a share, in the first quarter. The company noted that included in its results were $16.0 million in one-time charges, related primarily to lease termination payments and seve

Zumiez April Comps Jump 17.5 Percent

Zumiez Inc. announced that sales for the four-week period ended April 30, 2011 increased 24.8 percent to $32.0 million, compared to $25.7 million for the four-week period ended May 1, 2010. Comparable store sales increased 17.5 percent for the four-week p