SGB Executive Outdoor
Callaway Wins Post Trial Motions in Acushnet Lawsuit
Callaway Golf announced that the United States District Court in Wilmington, Delaware, has granted Callaway Golf's request for a permanent injunction to stop sales of Acushnet's current line of Titleist Pro V1 family of golf balls, effective no
Yue Yuen Reports 25% Sales Gain in October
Yue Yuen Industrial Holdings Ltd, the world's biggest sports shoe maker incorporated in Hong Kong, reported its sales revenue in October amounted to US $414.4 million, up 25% from US $351.9 million a year earlier…
Columbia’s Latest Cuts Add to Growing Industry Total
Columbia Sportswear Company announced a reduction in force that will affect approximately 75, or 4%, of its 1,800 U.S. employees…
Ross Stores Oct. Comps Down 2%
Ross Stores, Inc. reported sales of $490 million for the four weeks ended Nov. 1, 2008, a 4% increase over the $470 million in sales for the four weeks ended Nov. 3, 2007.
Off-Price Retailer TJX Sales Fall on Stronger Dollar
The TJX Companies, Inc. said sales declined 2% to $1.48 billion, on a 6% decline in comp store sales for the four-week period ended Nov. 1. The comp store decline was driven by the precipitous and unexpected drop in foreign currency exchange rates versus
Kohl’s October Comps Drop 9%
Kohl’s Corp. reported October sales dropped 4.8% to $1.21 billion from $1.27 billion a year ago. On a comparable store basis, sales decreased 9.0…
J.C. Penney’s October Comps Plunge 13%
J. C. Penney Company, Inc.'s comparable store sales decreased 13% for the four-week period ended Nov. 1. The company's guidance was for sales to decrease low-double digits…
Saks Oct. Comps Plummet Nearly 17%
Saks Incorporated reported owned sales totaled $219 million for the four weeks ended Nov. 1, 2008 compared to $269.1 million for the four weeks ended Nov. 3, 2007, an 18.6% decrease. Comparable store sales decreased 16.6% for the month…
Comps, Sales Fall in Oct. for Target Corp.
Target Corporation reported that its net retail sales for the four weeks ended Nov. 1, 2008 decreased 0.7% to $4.42 billion from $4.45 billion for the four weeks ended Nov. 3, 2007…
Bon-Ton October Comps Decrease 11.1%
The Bon-Ton Stores, Inc. reported comparable store sales for the four weeks ended Nov. 1, 2008 decreased 11.1% compared with the prior year period. Total sales for the four weeks decreased 10.7% to $218.4 million compared with $244.7 million in 2007. For
Foot Locker Closes on CCS Purchase with dELiA*s
Direct marketer and retailer dELiA*s, Inc. closed its previously announced sale of assets related to its CCS brand to Foot Locker, Inc. Upon closing, dELiA*s, Inc. received a $103.2 million cash payment from Foot Locker in exchange for all of the agreed u
Zumiez October Comps Slide 13.1%; FY08 Outlook Slashed
Zumiez Inc.'s comps decreased 13.1% for the four-week period ended Nov. 1, and also slashed its forecast for full-year income to a range of 52 cents to 57 cents per share. That compares with a previous estimate of 80 cents to 82 cents per share. The
Mountain Equipment Co-op Discloses Contract Factories
Mountain Equipment Co-op, Canada's largest retail co-operative with over 2.9 million members, disclosed the names of factories that make clothing and gear under the outdoor retailer's MEC-brand label. With the move, MEC becomes the first Canadia
J. Lindeberg USA Taps Sims as Managing Director
Gary Sims has been named managing director of J. Lindeberg USA by People's Liberation, which sells the brand in the U.S.. From 2001 through June 2007, Mr. Sims held various positions with Ashworth Inc./Callaway Golf Apparel including most recently pr
Online Retailers Strive to Keep Offering Free Shipping
According to results of the 2008 eHoliday Study, conducted by Shopzilla for Shop.org, more than half of online retailers (56.1%) expect their holiday sales to increase at least 15% over last year. However, the rate of growth is slowing, as 77.5% of retail
