Retailer Saks Incorporated announced today that owned sales totaled $243.8 million for the five weeks ended July 5, 2008 compared to $237.6 million for the five weeks ended July 7, 2007, a 2.6% increase. Comparable store sales increased 1.9% for the perio
Category: Outdoor
Ross Ups Guidance on 8% Comps Growth
Discounter Ross Stores Inc. upped its earnings per share guidance for the 13 weeks ending August 2, 2008 after reporting sales and comp store growth of 15% and 8% respectively for the five weeks ended July 5. Dresses, Accessories and Shoes remained the st
Neiman Marcus June Comps Slide 2.4%
Neiman Marcus, Inc. reported June comps slid 2.4%. Total sales slipped 1.1% to $401 million from $406 million. In the five-week June period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodm
NexCen Receives Nasdaq Deficiency Letter
On July 8, 2008, NexCen Brands, Inc. received a Nasdaq Staff Deficiency letter indicating that, for the last 30 consecutive business days, the bid price for the ompany’s common stock has closed below the minimum $1.00 per share requirement for continued l
Lotto: 2007 Sales Turnover +8%
Lotto Sport Italia S.p.A., the leading Italian company in the production and distribution of sports footwear, clothing and accessories, closes 2007 with total sales of 300 million euro ($411 million) and 8% growth, compared with 2006…
Hincapie Sportwear Hires New Design Director
Hincapie Sportswear, Inc. has hired Nikole Rock as its new Director of Design & Development. Rock will be responsible for all aspects of design, development and sourcing of the Hincapie retail apparel line…
Apparel Execs Sought for Export Advisory Group
U.S. apparel and textile leaders have until Aug. 5 to apply for a position on the Exporters' Textile Advisory Committee. The Committee consists of approximately 35 members appointed by the Secretary of Commerce to ensure a balanced representation of
Jackson Kayaks to be Featured on MSNBC
Jackson Kayak Founder and President Eric “EJ” Jackson will be featured on an upcoming episode of MSNBC’s “Your Business,” which focuses on America’s small business entrepreneurs…
Lowa Names Southeast Rep Agency
Lowa Boots the U.S., announced the appointment of Rep First sales agency to manage the company’s Southeast territory. David Ripley, Greg Fischer, and Jim Screven will oversee LOWA’s sales and marketing efforts in Virginia, West Virginia, North Carolina, S
Michigan Univ. Cancels Steve and Barry’s Contract
The University of Michigan canceled its license for Steve & Barry's to make apparel under the college's name and logo. The report comes as news reports indicate that Steve & Barry's may file for Chapter 11 protection this week. Late last mo
Brunswick Comments on Debt Downgrade
Brunswick Corporation issued a statement in response to Standard & Poor's lowering it's corporate credit rating on Brunswick from BBB- to BB+. The company said it does not expect “any significant effect on Brunswick. Both our strong balance shee
Cascade Designs Names Product Manager
Cascade Designs, a maker of outdoor equipment, announced the promotion of Drew Keegan to Director of Product Management. As Director of Product Management, Keegan will be managing and guiding the team responsible for product line management and fitness fo
Asics Extends Contract with USA Wrestling
ASICS recently signed a contract with USA Wrestling to extend their partnership through 2012. The contract details ASICS financial support as well as merchandise contributions to the USA Wrestling programs and teams. As the exclusive supplier of athletic
Stream Works Hires Ad Agency
Stream Works, Inc., the manufacturer of fishing accessories under the Stream Works label and customizable headwear under the Hat Tail label. hired a new advertising agency, “Never Boring Design Associates” of Modesto, CA. The new agency has already ehlped
Target to Launch Shaun White Collection
Target is introducing a limited-time apparel line dubbed “Shaun White for Target” on July 27. White is an Olympic gold medalist in snowboarding and a skateboard competitor, and is known as the “Flying Tomato” because of his red hair. Described by White as
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