Famous Footwear Posts 7.6% Q1 Sales Gains
Brown Shoe Company, Inc. reported consolidated first quarter net sales of $566.3 million, a decrease of 1.6% from $575.5 million in same period last year. Net earnings were $9.6 million down from $10.0 million in the prior-year period. Total sales at Fam
Zoic Sponsors 16,000 Mile Bike Ride
Zoic Clothing has sponsored Biking for a Better World, Inc. through outfitting a four man bicycling team pedaling from Purdue Bay, Alaska to Ushuaia, Argentina. Beginning on June 15th, 2007, this team will begin their 16,000 mile journey, riding unsupport
Pacific Sunwear Makes Interim CEO Permanent
Pacific Sunwear of California, Inc. dropped the 'interim' from Sally Frame Kasak's CEO title, adding chairman in the process. Kasaks had been serving as Interim Chief Executive Officer since October 2006, and has been a director of the comp
Burton Teams Up with Jeans Designer for Apparel Line
Paul Smith Jeans and Burton Snowboards have joined forces once again for an exciting new design project that combines Burton’s innovative fabric technology and construction techniques with Paul Smith’s signature designs. Three traditional Paul Smith cloth
O’Neill Sells Trademarks
O'Neill Inc. has sold the rights to its trademarks to Dutch fashion group Logo International B.V. The deal gives Logo International B.V. the rights to manufacture and sell clothing and products worldwide under the O'Neill brand name. The O’Neill
SIMA Announces Award Winners
The Surf Industry Manufacturers Association (SIMA) announced the winners of the fifth annual SIMA Image Awards. Winners included Billabong, Volcom, Vans, Vestal Watch, L*Space and Future Systems.
Foot Locker Q1 Net Income Drops 71.2% on Negative Comps
Foot Locker, Inc. net income for the first quarter ended May 5, 2007 was $17 million, or 11 cents per share, as compared with $59 million, or 38 cents per share, last year.
First quarter sales decreased 3.6% to $1.316 billion, as compared with sales of $
Lucy Wins 2007 Hot Retailer Award
Lucy, the Portland-based women's fitness retailer, won the “2007 Hot Retailer Award” from the International Council of Shopping Centers (ICSC). The award went to the “hottest and most wanted” retail concepts shopping centers are seeking for their cen
Joe’s Sports and Outdoor to Offer School Sports Physicals
Joe's Sports & Outdoor and Oregon Health & Science University are teaming up to offer school sports physicals at several Portland-area locations on Saturday, June 2. The goal of the program is to help keep young athletes active and involved in sports
Zumiez Posts 45% Net Income Jump for Q1
Zumiez Inc. reported a 44.0% jump in first quarter net revenues to $68.8 million from $47.8 million in the same period last year. The company posted a 45.5% net income increase for the quarter to $1.6 million or 6 cents per diluted share versus $1.1 milli
Genesco to Shutter 57 Urban Doors; Lowers Q1 Guidance
Genesco Inc. plans to close or convert up to 57 underperforming stores, primarily in the Underground Station Group, but also including up to 8 urban stores in the Hat World Group. In addition, Genesco lowered its earnings outlook for the quarter to a rang
Pacific Cycle Should See Strong 2007
Dorel recently issued a statement regarding their upbeat outlook for the 2007 fiscal year. In the Recreational/Leisure division, after two years of limited growth at Pacific Cycle, 2007 is shaping up as a much better year, according to management…
Nordstom Ups Guidance on Strong First Quarter
Nordstrom, Inc. reported net earnings of $156.8 million, or 60 cents per diluted share, for the first fiscal quarter ended May 5, compared to $131.2 million, and 48 cents per diluted share, in the year-ago quarter. Total sales in the first quarter increa
JC Penney Exceeds Wall Street Expectations in First Quarter
J. C. Penney Company, Inc. reported total net sales increased 3.1% to $4.35 billion for the first fiscal quarter ended May 5, compared to $4.22 billion in the year-ago period. Operating income improved 60 basis points to 9.6% of sales, driven by improveme
Kohl’s Ups Annual Outlook on Strong Q1 Results
Kohl’s Corporation reported a 24.9% increase in net income for the fiscal first quarter ended May 5, 2007. Net income was $209.0 million, or 64 cents per diluted share, compared with $167.2 million or 48 cents per diluted share, in the year-ago period. Ne
