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
TWC to Open New Madison Location
The Walking Company will open a new location in Madison, Wis. on May 18. At almost 1,500 square feet the new store will be located at West Towne Mall, which is home to stores such as Boston Store, JCPenney and Sears…
Sugoi to Sponsor Five Marathons
Sugoi announced a three-year partnership with Elite Racing to be a corporate sponsor and the official technical apparel sponsor for five annual Elite national marathons and half-marathons. Beginning with the Country Music Marathon & ½ Marathon in April, 2
Modell’s to Open New Jersey Store
Modell’s Sporting Goods will open a 14,000 square foot store in the Styertowne Shopping Center at 1065 Bloomfield Avenue, Clifton, NJ on Thursday, May 17th…
3point5 Adds Six Brands to Training Community
3point5 experienced another significant increase in membership and expanded its presence in the cycling and golf categories. This week, 3point5 welcomed six new companies: Giro, Bell Powersports, Easton Cycling, Dansko, Saris Cycling Group, Macgregor Golf
Clif Bar Pushes Green Initiatives Ahead
Specialty retail sales representatives for Clif Bar & Co. will soon tread a lot lighter on the environment. Clif Bar is partnering with NativeEnergy to encourage its independent retail sales reps to reduce their climate footprint by using clean, renewable
SIA Hires New Research Manager
SnowSports Industries America’s hired a new research manager, Kelly Davis. Davis has been tapped to oversee all research efforts related to the industry including the Retail Audit, Brand Share Reports, Sales and Orders Surveys among others. Additionall
Steve Madden, Ltd. Acquires E-Commerce Provider; Names New President
Steven Madden, Ltd. has acquired Compo Enhancements, Steven Madden, Ltd.'s outsourced e-commerce solutions provider, and appointed its founder and CEO, Jeffrey Silverman as president of Steven Madden, Ltd. Mr. Silverman will report directly to Jamies
Asics Hires Chandler as VP of Apparel and Accessories
Asics America, Inc. has hired David Chandler as its new VP of apparel and accessories. Chandler comes to Asics from Cool Sets, a women's performance sleepwear brand, where he was founder and president…
SGMA Focuses on Core Participants with ’07 Participation Report
The heart and soul of the sporting goods industry can be found among its core participants. That’s the underlying theme of the Sporting Goods Manufacturers Association’s (SGMA) 2007 Sports & Fitness Participation Report which is based on the new USA Spor
Thinsulate to Sponsor U.S. Ski Teams
Thinsulate Insulation recently announced its commitment to a four-year sponsorship agreement as an official supplier to the U.S Alpine Ski Team and the U.S. Disabled Ski Team through the 2010-2011 race season…
True Temper Q1 Loss Widens on Sales Decline
True Temper Sports, Inc. saw first quarter net sales slide 6.6% to $29.6 million from $31.7 for the same quarter in 2006. Adjusted EBITDA for the first quarter decreased to $7.1 million from $8.7 million in the first quarter of 2006, while net income for
Phoenix FW Sees Mixed Results in First Quarter
Phoenix Footwear Group, Inc. recorded a 4.3% increase in net sales for the first quarter to $42.1 million compared to $40.3 million for the same period last year. For the first quarter of fiscal 2007, the company reported net income of $414,000, or 5 cent
