Stein Mart, Inc. total sales for the month of May decreased 0.6% to $ 118.9 million compared to $ 119.6 million last year. Comparable store sales for the fiscal period ended June 2, 2007 increased 2.5%…
Category: Sports/Fitness
Target’s Comps Jump 5.8% in May
Target Corp reported that sales for the four weeks ended June 2 increased 10.1% to $4.33 billion from $3.93 billion a year ago. On this same basis, comparable-store sales increased 5.8 percent. In the 2006 May period, comps grew 5.7%…
Kohl’s Reports May Comp Hike of 10.5%
Kohl's Corp reported sales for the four-week period ended June 2, increased 18.5%, to $1.19 billion from $1 billion. On a comparable store basis, sales increased 10.5%…
Nautilus to Open New Outlet in OR
Nautilus is opening a new apparel and footwear factory outlet for cycling, running and fitness enthusiasts Friday, June 8 at the Woodburn Company Stores complex along Interstate 5 at Woodburn, OR. The 2,400-foot factory store is the twelfth such store ope
Mark Wilford Joins Metolius as Sales Rep
Metolius hired a new regional Sales Representative for the Midwest territory, Mark Wilford. Based in Fort Collins, Wilford joins Metolius with 19 years of outside sales experience in the Midwest and over 35 years of climbing experience. In his years of ex
Nike’s Latest Corporate Social Responsibility Report Sets New Benchmarks…
Nike released an updated version of its Corporate Social Responsibility report last week, and while many mainstream media outlets reduced its contents to a simple reduction in overtime, the company actually laid out a broad series of goals that will likel
Perry Ellis Signs Footwear Licenses with ACI Int’l
Perry Ellis International has entered into new licensing agreements with ACI International Inc. to design, manufacture and distribute dress, and casual athletic footwear for the Perry Ellis and Perry Ellis Portfolio brands and to design, manufacture and d
Brooks Gains More Traction in Specialty Running Market
According to the recently released Sports Marketing Surveys Running Specialty Store Sales Survey, Brooks Sports, Inc. took home first-place standings for its “Brand Strength Forecast” and “Market Strength Forecast” in the specialty running industry. Addit
Skechers Addresses Buyout Speculation…
After reports surfaced that Skechers, Inc. was in discussions with a private equity firm to be acquired and taken private, Skechers CEO Robert Greenberg released a letter to the company's employees…
Swim/Action Revs Catapult for Perry Ellis…
Perry Ellis International, Inc. reported Q1 revenues surged 50% in swimwear and 110% in action sports. In swim, strong performances came from Nike, Perry Ellis and JAG, a new license signed last year. In action sports, both Redsand and Gotcha brands led t
O’Neill Family Sells Marks…
The O'Neill family sold the international rights to its O'Neill apparel trademarks to Logo International B.V., a European fashion group. The deal, which is actually comprised of two separate transactions, gives Logo International B.V. the rights
MLB, MLBPA Extend Agreements with VF Imagewear…
Following its acquisition of Majestic Athletic in February, VF Imagewear, Inc. extended its strategic licensing agreements with both Major League Baseball Properties and the Major League Baseball Players Association. Specifically, the agreements cover aut
Edwin Watts Acquired by Sun Capital Affiliate…
An affiliate of Sun Capital Partners, Inc. has acquired Edwin Watts Golf Shops, LLC. Headquartered in Fort Walton Beach, FL, Edwin Watts Golf is a multi-channel retailer of golf equipment, apparel, and accessories through 66 retail stores, in ten southern
Puma Board Gives PPR Offer the Thumbs Up…
After SAPARDIS S.A., a subsidiary of PPR S.A., made its offer last week to acquire the remaining shares of PUMA AG for €330.00 per share, the industry was left waiting to hear PUMA's position on the offer. Early Thursday, the Board of Management and
Orange 21 Sees Flat Q1, but Loss Widens…
Orange 21 struggled through the first quarter with essentially flat sales and income in spite of better margins and lower R&D expenses. Management said that this flat performance was expected as they work to reposition the brand and build demand for their