Remington Acquires 75% Stake in Mountain Khakis
Remington Arms Company, Inc. has bought a 75% stake in Mountain Khakis, LLC in a deal that will accelerate product development at the Charlotte, NC-based maker of mountain lifestyle clothing while expand Remington's foothold in the outdoor lifestyle
Quiksilver Sales Drop 5% in Q2, Continued Earnings Jump Two-Fold
Quiksilver, Inc. reported consolidated net revenues from continuing operations for the second quarter of fiscal 2010 decreased 5% to $468.3 million from $494.2 million in the second quarter of fiscal 2009. Pro-forma consolidated income from continuing ope
ATF Reverses Interpretation of GCA; NSSF Responds
Reversing an interpretation of the Gun Control Act that has been on the books for more than four decades, ATF posted a ruling declaring any shipment of a firearm by a manufacturer (FFL) to any agent or business (e.g., an engineering-design firm, patent la
STM Bags Names Former Eagle Creek Exec to Head Global Marketing
Australia's STM Bags has snatched up former Eagle Creek marketing and business development director Adam Ziegelman as vice president of global marketing. Ziegelman will be based in the company’s North American offices in Poway, CA and will repo
MidwayUSA Expands into Archery Marketplace
MidwayUSA, a catalog and Internet retailer offering prodcuts for shooting, reloading, gunsmithing and hunting, has expanded of the hunting line to now include archery gear…
Kohlberg Sports Acquires Maverik Lacrosse
Kohlberg Sports Group Inc., the owner of Bauer Hockey, has acquired Maverik Lacrosse, the manufacturer of lacrosse equipment, apparel and accessories. John Gagliardi will remain CEO of Maverik Lacrosse…
OIA Joins Coalition Backing Climate Change Legislation
Outdoor Industry Association is joining Business for Innovative Climate & Energy Policy, a coalition of major American businesses pushing for passage of comprehensive climate and energy legislation…
Quiksilver Director Resigns After 30 Years on Board
Charles Crowe resigned May 27 as a director of Quiksilver Inc after a 30-year stint on the company's board…
J.C. Penney Comps Decline 1.8% in May
J. C. Penney Company, Inc. comparable store sales decreased 1.8% for the four weeks ended May 29, 2010, while total sales decreased 2.1%. Management continues to expect second quarter comparable store sales to increase in the range of 2.5 to 3 percent. Th
Neiman Marcus’ May Comps Climb 7.8%
Neiman Marcus, Inc. reported same-store sales in May grew 7.8%…
Saks Comps Rise 5.8% in May
Retailer Saks Incorporated today announced that owned sales totaled $177.4 million for the four weeks ended May 29, 2010 compared to $166.0 million for the four weeks ended May 30, 2009, a 6.9% increase. Comparable store sales increased 5.8% for the month
Ross Reports May Comps Up 5%
Ross Stores, Inc. reported sales increased 9% to $614 million for the four weeks ended May 29, 2010, up from $564 million for the four weeks ended May 30, 2009. Comparable store sales for the month grew 5% on top of a 4% gain in the prior year period…
Kohl’s Sees 3.5% Comp Gain in May
Kohl's Corporation reported sales for the four-week month ended May 29, 2010 increased 6.6%. On a comparable store basis, sales increased 3.5%…
TJX Companies Turns in 4% Comps Growth in May
The TJX Companies, Inc., whose stores include T.J. Maxx and Marshalls specialize in selling closeout apparel, reported sales for the four-week period ended May 29, 2010 reached $1.6 billion, up 8% over the $1.5 billion achieved during the four-week period
Nordstrom May Comps Up 3.7%
Nordstrom, Inc. reported a 3.7% increase in same-store sales for the four-week period ended May 29, 2010 compared with the four-week period ended May 30, 2009. Preliminary total retail sales of $705 million for May 2010 increased 7.8% compared with total
