SGB Executive Outdoor
New Legislation Focuses on Consumer Safety, Bans Phthalates
President Bush has approved the “Consumer Product Safety Improvement Act of 2008.” This bill — which was signed on Thursday, August 14 — will clear the way for improved product safety. Included in the new measure are bans on certain harmful chemicals i
Nike Appoints New VP of Product
Nike has promoted Eric Sprunk to the newly created role of VP for Product. In this role, Sprunk will be responsible for all Nike brand product across the company’s footwear, equipment and apparel engines from design and development to manufacturing. Sprun
Sports Chalet to Open New Store
Sport Chalet will open its new 45,000 sq. ft. store located in La Canada Flintridge, CA. This store will replace the original Sport Chalet store locations on Foothill Boulevard in La Canada Flintridge…
Outdoor Athletes Join Team New Balance
New Balance announced that they have signed on three outdoor athletic enthusiasts to join the brand's larger “Team New Balance. Trail runners Kyle Skaggs, and Anton Krupicka and freestyle kayaker Ruth Gordon have all signed on with New Balance…
Lafuma and Millet USA Sales up 33% Through July
Lafuma & Millet USA of Broomfield, CO said its outdoor sales are up 33% year-to-date through July 31, 2008 compared to the same period in 2007. The unit of Europe's Lafuma Group, said its footwear sales have exceeded their 2008 budget by 200%. Millet
DSW Net Up 2.4%
DSW Inc. reported net sales for the quarter ended August 2, 2008 increased 2.4% to $357.2 million compared with $348.7 million for the quarter ended August 4, 2007. Same store sales decreased 6.9% for the comparable period versus an increase of 5.9% last
Under Armour Appoints Deering to Board
Under Armour, Inc. announced that Anthony “Tony” Deering, former chairman of the board and chief executive officer of The Rouse Company, has joined the company's board of directors. Deering is currently chairman of Exeter Capital, LLC, a private inve
BJ’s Comps Up 16.7%
BJ’s Wholesale Club, Inc. reported that sales for July 2008 increased by 18.9% to $773.2 million from $650.5 million in July 2007. On a comparable club basis, July 2008 sales increased by 16.7%, including a contribution from sales of gasoline of 9.7%…
Dillard’s Posts 3% Comparable Store Sales Increase for July
Dillard’s, Inc. saw comparable store sales increase 2% in July as net sales grew 3% to $513.8 million from $500.3 million for the year-ago month. Sales for the second quarter decreased 3% to$1.61 billion compared to sales of $1.65 billion last year. Sales
Stein Mart July Comps Slide 8.7%
Stein Mart, Inc. saw fiscal July net saes decline 4.6% to $80.6 million from $84.5 million last year as same-store sales slid 8.7%. For the second quarter, net sales were down 5.8% to $311.6 million from $330.7 a year earlier as comps dropped 9.7%. Year-t
Warnaco’s Swim Profits Jump in Q2
Warnaco Group reported revenues in its swimwear group, which includes Speedo and Calvin Klein, rose 1.9% in the second quarter, to $81.7 million from $80.2 million. Operating earnings for the segment reached $7.7 million, well above earnings of $937,000 a
Bon-Ton Comps Inch Up for July
The Bon-Ton Stores, Inc. saw comparable store sales increase 0.7% in fiscal July compared with the prior year period. Total sales for the four weeks increased 1.8% to $197.9 million compared with $194.3 million for the prior year period…
Wal-Mart Reports 3.7% July Comp Gain
Same-store sales in the U.S. rose 3.7% at Wal-Mart Stores Inc. Comps rose 3% at the Walmart chain and 7.3% at Sam's Club. Excluding fuel, Sam's Club's comps rose 3%. At Walmart U.S., comps increased in grocery, entertainment and health and
PacSun July Comps Slip 4%
Pacific Sunwear of California, Inc. reported July net sales decreased 3% at its PacSun stores to $99.1 million from $102.4 million during the same period last year. PacSun same-store sales decreased 4% during the same period…
The Buckle’s July Comps Vault 20.9%
The Buckle, Inc. said comparable store sales jumped 20.9% for the four-week period ended August 2. Net sales increased 28.7% to $57.0 million from $44.3 million a year ago…
