Adidas Group had a solid first quarter at its adidas and TalyorMade-adidas Group divisions, but experienced continued declines in the Reebok business. Both the adidas and Reebok segments got a boost from an increase in the owned-retail business and the co
Category: Outdoor
TM-aG Posts Solid Q1 Growth on New Products…
Revenues at TaylorMade-adidas Golf increased 17% on a currency-neutral basis for the period and increased about 21% when measured in U.S. dollars, reflecting strong contributions from the metalwoods, golf ball and footwear categories. Management called o
Callaway Launches Gas Giveaway Promotion
Callaway Golf announced the start of a new Gas Giveaway promotion which offers a free American Express Fill It Up gas card with the purchase of a new FT-i, FT-5 or Hyper X driver from authorized U.S. Callaway Golf retailers. With the price of gasoline ste
DSW First Quarter Comps Slide 5.4%
DSW Inc. reported net sales for the first quarter ended May 3, 2008 increased 2.6% to $366.3 million compared with $357.0 million for the quarter ended May 5, 2007. Same store sales decreased 5.4% for the quarter after a decrease of 3.6% last year…
Dillards Revenues Fall 3%, Comps Down 4%
Dillard’s, Inc. reported a 4% decline in same store sales during the four weeks ended May 3, 2008 on a 3% decline in total sales to $476.8 million. For the quarter ended May 3, comp store sales were down 6% on a 5% decline in total sales. Sales in the hom
Target Sales Rise 9.0% in April as Comps Climb 3.1%
Target Corporation reported a 9.0% increase in net retail sales, which were helped by a strong 3.1% rise in comp store sales. The discount retailer said the impressive performance fell short of goals, but showed marked improvement over the combined March/
J.C. Penney April Comps Slip 1.7%
J. C. Penney Company, Inc. saw comparable store sales decrease 1.7% for the month of April, compared to guidance for sales to decrease mid- to high-single digits and compared to a 3.4% decrease last year. Net sales increased 0.9% for the month to $1.33 bi
TJX Comps Rise 8% with Arrival of Warm Weather
Discounter TJX Companies upped its earnings guidance after reporting sales rose 12% in the four weeks ended May 5 on an 8% increase in comp stores sales. The company said business improved “dramatically” with the return of warm weather…
Nordstrom’s Comps Slide 3.3%
Nordstrom, Inc. reported sales during April slid 0.6% to $600 million from $604 million a year ago. Same-store sales decreased 3.%. First quarter sales of $1.88 billion decreased 3.8% to $1.95 billion and fell 6.5% on a same-store basis…
Neiman Marcus’s Comps Dip 0.6%
Neiman Marcus, Inc. reported revenues dipped 0.6% during April to $343 million from $346 million. Comps declined 1.9%. Comps in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 3.6%…
Etonic Names VP/GM for Stonefly
Etonic Worldwide has named Russ Curran as VP/general manager for Stonefly USA, a division of Etonic Worldwide, LLC. Curran comes to Stonefly USA with more than 20 years of experience in the footwear industry. He was most recently VP of sales at PSB Shoe G
Heelys’ Revenues Nosedive 73.5%
Heelys, Inc. reported sales tumbled 73.5% for the first quarter of 2008, to $13.1 million from $49.4 million a year ago. The company reported a net loss for the quarter of $1 million, or 4 cents a share, compared to net income of $8.5 million, or 30 cents
Backcountry.com Still Thriving at Liberty Media
The acquisitions of Backcountry.com and Bodybuilder.com helped propel revenue and operating cash flow growth of 113% and 144%, respectively at Liberty Interactive Group's e-commerce group for the quarter ended March 31, 2008, Liberty Media Corporatio
Stage Stores Records 1.0% April Comps Dip
Stage Stores, Inc. reported sales for the month of April increased 3.8% to $106.5 million from $102.6 million last year. Comparable store sales decreased 1.0% this year versus a decrease of 14.8% last year…
Ocean and Earth Implements 5-Year Growth Plan
Ocean & Earth, the Australian surf brand, recently launched a 5-year expansion plan. In December 2007, CEO of International Operations Paul Munten completed an extensive search for new brand leadership in North America with the hiring of Dave Nielsen as V
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