May Comps Decline 3.8% at May Department Stores
The May Department Stores preliminary net sales were $978 million for the four-week period ended May 29, 2004, a 2.7% decrease from $1.01 billion in the similar period last year. Store-for-store sales decreased 3.8%. Store-for-store sales for the month o
Payless May Comps Increase 3.9%
Payless ShoeSource same-store sales increased 3.9% during the May reporting period, the four weeks ended May 29, 2004. Company sales totaled $246.7 million, a 4.3 percent increase from $236.5 million during fiscal May of last year…
Ross Stores Posts 1.0% Comp Store Decline
Ross Stores sales were $319 million for the four weeks ended May 29, 2004, an 8% increase above the $296 million in sales for the four weeks ended May 31, 2003. Comparable store sales for the month declined 1% from the prior year, in line with the Company
Famous Footwear May Comps Decline 2.2%
Retail sales at Famous Footwear rose 0.2% to $85.1 million for the four-week period ended May 29, 2004, compared to $84.9 million for the same period last year. Same-store sales decreased 2.2%, as the calendar shift in Memorial Day weekend negatively affe
Johnny West Takes Over as Brand Director for K2 Snow Boards
K2 Snowboards named Johnny West as its new brand director to lead the marketing and branding programs for the company’s snowboard, boot, binding, apparel and accessories lines. He’ll oversee K2 Snowboards’ advertising, promotions, public relations, athlet
Finish Line Q1 Comps Jump Another 14%; Raises Guidance
The Finish Line, Inc. reported net sales of $258.0 million for the thirteen weeks ended May 29, 2004, an increase of 24% over net sales of $207.8 million for Q1 last year which ended May 31, 2003. Comparable store net sales for Q1 increased 14% on top of
CSC USA to Hold Annual Meeting
An array of issues important to the Colorado ski industry will be discussed at Colorado Ski Country USA’s 41st Annual Meeting and Forum at the St. Regis in Aspen, Colo. on Thursday, June 9- Friday, June 11, 2004.
The Finish Line Answers Critic with Q1 Performance…
The Finish Line left little doubt as to its current trend which appears to be onward and upward, at least in the footwear category. The mall specialty retailer saw May comp store sales jump 16%, with footwear posting a 20% increase and apparel a 2% decli
U.S. Trails are Under Threat on National Trails Day
Hundreds of organized hikes around the country will commemorate National Trails Day, many of which will draw outdoor enthusiasts to settings in some of the nation's most precious wild national forests. Environmental advocates are concerned that these
May Retail Comps Mostly Surprise and Delight…
While May retail sales results were tough to read as a trend and did not offer up any solid consensus on the health of retail, the reports issued last week by dozens of public companies did appear to re-affirm the feeling that the U.S. retail economy is i
JiBS and illumiNITE Join Forces with True North
JiBS After Sport Footwear, based in Portsmouth, NH, and illumiNITE performance apparel, based in Ashland, Ma., have selected True North Brand Group to spearhead public relations efforts.
Nike Board Member Resigns Position
Dr. A. Michael Spence has resigned from the Nike Board of Directors effective May 31, 2004. Dr. Spence, 60, cited a desire to spend more time on his business and personal interests as the reason for his resignation. Dr. Spence joined Nike's board in
Kellwood Q1 Earnings Up 19% on Phatter Sales
Kellwood Company reported that sales for the first quarter ended May 1, 2004 increased $14 million to $686 million, versus $672 million last year due to a combination of organic growth of $5 million, or approximately one percent, and the acquisition of Ph
Tretorn Creates New ‘Gullwing’ Division
Tretorn has announced the establishment of “Tretorn Gullwing,” a division of the Swedish Tretorn brand, which was acquired by PUMA in 2001. Gullwing will hit stores in Autumn 2004 with a line of elegant tennis shoes and classic rubber boots for men and w
G-III Q1 Loss Widens on 11.8% Drop in Sales
G-III Apparel Group reported first quarter net sales of $16.5 million and a net loss of $4.8 million, or 68 cents per share, compared to net sales of $18.7 million and a net loss of $2.6 million, or 38 cents per share, during the comparable period last ye
