SGB Executive Outdoor
Head NV’s Profits Slide in Third Quarter
Head NV reported net revenues inched up 0.3% in the third quarter, to €93.1 million ($116.8 mm) from €92.8 million ($116.4 mm). Gains in winter sports offset declines in racquet sports and diving. Net profit for the period dropped 70.8% to €1.2 million ($
Sport Chalet Q2 Comps Down 7%
Sport Chalet, Inc.'s second quarter sales decreased 1.2% to $96.5 million for the second quarter of fiscal 2009 from $97.7 million for the second quarter of fiscal 2008. The net loss in the period was $4.2 million, or 30 cents per diluted share…
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