Neiman Marcus May Comps Rise 7.0%
The Neiman Marcus Group comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, increased 7.0%. Comparable revenues at Neiman Marcus Direct in the four-week May period increased 15.0%…
Sears Sees May Comps Down 4.7% on Memorial Day Shift
Sears, Roebuck and Co. announced that comparable domestic store revenues decreased 3.7% for the four weeks ended May 29, 2004. Total domestic store revenues were $2.08 billion for the four-week period in May 2004, down 4.7% compared with the four weeks en
Costco May Comp Store Sales Increase 16%
Costco Wholesale Corporation reported net sales of $3.8 billion for the four weeks ended May 30, 2004, an increase of 19% from $3.20 billion in the same four-week period of the prior fiscal year. A calendar shift impacted sales positively by approximatel
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
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.
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
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.
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
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
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
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
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
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
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
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
