Orange 21 Q2 Sales Grow, But Profit Drops

Orange 21 Inc. saw consolidated net sales increase 15.5% to $11.9 million for the second quarter from $10.3 million for the same period last year. A net loss of $1.5 million widened 87.5% from a loss of $0.8 million for the second quarter last year…

Cutter and Buck Names Cronin as President

Cutter & Buck Inc. has appointed Tim Cronin as company President. Cronin joins Cutter & Buck from K2, where he held a number of high level leadership positions during his 14-year tenure. Cronin will succeed Kaia Akre, who will continue to serve in a cons

North American O’Neill Licensee Adds Rusty to Stable

R… & Everything Else, Inc., the company that owns and controls the Rusty brand worldwide, tapped the La Jolla Group, Inc. as the new licensee for Rusty apparel and accessories in North America. Based out of Irvine, California, the La Jolla Group, Inc. als

adidas Group Q2 Hurt by Mall Weakness in U.S…

The adidas Group saw a fairly healthy improvement in the brand adidas business in the second quarter offset by declines in the Reebok and TaylorMade-adidas Golf businesses. The growth at brand adidas, especially in Europe, was particularly important comi

Head NV Troubled by Weaker Q2 Racquet Biz…

During the quarter, overall revenues declined in the mid-singles, due to softness in Racquet sales. Though sales were up in the mid-singles in Winter Sports, the quarter was too small for the division to offset the declines in Racquet as Diving was relati

Perry Ellis to Beat Q2 Estimates…

Perry Ellis International announced that, based on preliminary estimates, it anticipates Q2 revenue will rise 14% to $195 million from $171 million. It also expects to beat the current mean estimate on First Call of a loss of 15 cents per share for the se

Newer Stores Slow Comp Growth at Shoe Pavilion in Q2…

Shoe Pavilion, Inc. saw second quarter net sales increase 19.5% to $37.5 million from $31.4 million for the same period last year. Comparable store net sales for the second quarter decreased 1.0% after increasing 3.9% last year. Sales from new stores and

Golf Town to be Acquired by PE Firm, Posts 3.6% Q2 Comps

Golf Town Income Fund has entered into a definitive Transaction Agreement with OMERS Capital Partners for all of the assets of Golf Town Limited Partnership to be acquired for CA$17.15 ($16.28) per diluted share. Golf Town also reported that Q2 sales grew

Costco July Comps Up 7%

Costco Wholesale reported net sales of $5.02 billion for the month of July, the four weeks ended August 5, 2007, an increase of 11% from $4.53 billion in the same four-week period last year. Comparable sales rose 7%…

JC Penney July Dept. Store Comps Jump 10.8%

JC Penney Company, Inc. reported that total company sales increased 13.3% for the four weeks ended Aug. 4, including a 13.6% increase in total department store sales. Comparable department store sales increased 10.8% following a 4.9% increase last year, a

Buckle Sees 30% Net Sales Jump in July

The Buckle, Inc. saw July net sales jump 30.3% to $44.3 million from net sales of $34.0 million last year. Comparable store net sales, for stores open at least one year, increased 7.6% from comparable store net sales in the year-ago month…

J.C. Penney Comps Jump 10.8%

J. C. Penney Co. Inc. reported total company sales increased 13.3% for the four weeks ended Aug. 4, including a 13.6% increase in total department store sales. Comparable department store sales increased 10.8% following a 4.9% increase last year, and comp

Bon-Ton’s Comps Drop 7.6%

The Bon-Ton Stores, Inc. announced total sales for the four weeks ended August 4, decreased 7.6% to $194.3 million compared to $210.3 million for the prior year period. Bon-Ton and Carson's combined comparable store sales for the four weeks decreased