K-Swiss Lowers Guidance on Weak Worldwide Futures
K-Swiss lowered its quarter loss on lower costs and a jump in international revenue. But the company also saw weak domestic revenues and eroding future order rates while cutting its guidance for the year…
Gildan to Acquire Anvil Knitwear
Gildan Activewear Inc. has signed a definitive agreement to acquire 100 percent of the common shares of Anvil Holdings, Inc., the parent of Anvil Knitwear, for a total purchase price of approximately U.S. $88 million. Anthony Corsano, president and CEO of
The Buckle Sees 3.2 Percent Comps Growth in April
The Buckle, Inc. announced that net sales for the four-week fiscal month ended April 28 increased 3.2 percent to $71.6 million from net sales of $69.4 million for the prior year four-week fiscal month ended April 30, 2011. Comparable store net sales, for
Costco’s April Comps Increase 4 Percent
Costco Wholesale Corp. reported comparable store sales rose 4 percent during the month of April. Total sales reached $7.25 billion for the four weeks ended April 29, an increase of seven percent from $6.80 billion during the similar period last year…
Stein Mart April Comps Slip as Retailer Returns to Traditional Pricing Model
Stein Mart, Inc. reported comparable store sales for the four-week period ended April 28 decreased 1.6 percent. Total sales for the period were $95.2 million, a decrease of 0.9 percent. For the first quarter, comparable store sales decreased 0.4 percent a
Skullcandy’s First Quarter Earnings Increase on Strong Sales
Skullcandy Inc. reported that its first quarter net income for the three months ended March 31 rose 6 percent to $1.1 million, or 4 cents per share, from $1 million, or 8 cents per share, last year. Revenue rose 48 percent to $53.3 million from $36 millio
Kohl’s April Comps Dip 1.9 Percent
Kohl's Corporation reported that for the four-week month ended April 28, 2012 total sales decreased 1.9 percent and comparable store sales decreased 3.5 percent from the four-week month ended April 30, 2011…
Target’s April Comps Up 1.1 Percent
Target Corp. reported that its April same-store sales rose 1.1 percent compared to the year-ago period. Target’s net retail sales for the four weeks ended April 28 were $4.98 billion, an increase of 2.1 percent from the comparable period last year..
Nike Raises Sustainability Aims
Nike Inc. released its FY10-11 Sustainable Business Performance Summary which introduces its new targets and outlines its progress against key business, labor and environmental goals. The company also discusses the key challenges and its strategy for its
Academy Sports Tops J.D. Power Customer Service Survey
Academy Sports + Outdoors placed first in J.D. Power and Associates' inaugural report measuring the overall sporting goods retailer customer satisfaction experience. Others scoring high across a variety of measures were Hibbett Sports and Play It Aga
Outdoor Industry Volunteers Set to Converge Friday at Marin County Park
The Conservation Alliance and member companies The North Face, Marmot, CamelBak, Clif Bar, and REI will partner Friday May 4 with Marin County Parks to remove invasive plant species from the Terra Linda Sleepy Hollow…
Albany International Spinning off Primaloft in Management Led Buy Out
Albany International Corp. has agreed to sell its PrimaLoft Products business to PrimaLoft, Inc., a company newly formed by the current PrimaLoft management team, in partnership with Prudential Capital Partners L.P., for $38 million, subject to customary
Kenneth Cole 1st-Quarter Loss Narrows
Kenneth Cole Productions, Inc. reported that net revenues in the first quarter were $116.8 million, versus the year-ago level of $117.5 million. Wholesale revenues were up 3.0 percent to $76.7 million versus the year-ago period…
Warnaco’s Q1 Swim Revenues Sink 9.7 Percent
The Warnaco Group reported revenues in its swimwear group, which includes Speedo, slid 9.7 percent to $91.9 million from $101.7 million a year earlier. Operating income improved slightly, to $14.8 million from $14.1 million…
Lady Foot Locker to Bring Running DJ Mixes to Customers
Lady Foot Locker is teaming up with Rock My Run, a music service for runners, to bring Rock My Runs running DJ mixes to Lady Foot Locker's customers. Members of the Lady Foot Locker VIP program and customers who make in-store purchases nationwide wil
