Adidas Group Posts Double-Digit Sales and Profit Growth in Q3
Adidas Group third quarter revenues grew 13 percent on a currency-neutral basis. Group revenues grew 8 percent in euro terms to €3.74 billion ($5.30 bn) in the third quarter of 2011. Currency-neutral sales in the Wholesale and Retail segments increa
Chinese Raids Yield 25,000 Counterfieted Golf Products
The U.S. Golf Manufacturers Anti-Counterfeiting Working Group announced today the completion of multiple strategic raids on China-based counterfeiting operations, where the group worked with local law enforcement officials to seize over 25,000 counterfeit
Hanesbrands Income Surges 48 Percent
HanesBrands, the parent of Champion, Gear for Sports and Hanes, reported third-quarter earnings growth of 44 percent on record margins and a 5 percent sales increase…
JC Penney Announces Stock Awards for New Execs
In accordance with New York Stock Exchange rules regarding equity inducement awards, J. C. Penney company, Inc. announced that it is granting previously disclosed equity awards to Ron Johnson, its newly appointed chief executive officer, and Michael R. Fr
Target Comps Rise 4.3 Percent in October
Target Corporation reported that its net retail sales for the four weeks ended Oct. 29 were $4.84 billion, an increase of 4.3 percent from $4.64 billion for the four weeks ended Oct. 30, 2010. On this same basis, comparable-store sales increased 3.3 perce
Bon-Ton’s October Comps Stumble
The Bon-Ton Stores, Inc. announced comparable store sales for the four weeks ended Oct. 29, decreased 10.2 percent. Total sales decreased 10.4% to $192.0 million for the four weeks compared with $214.2 million for the prior year period…
Cannondale Powers Q3 Growth at Dorel’s Recreation/Leisure Segment
Dorel Industries, Inc. reported revenue increased 21.6 percent at its Recreational/Leisure segment, in the third quarter ended Sept. 30 as Cannondale sales to the independent bicycle dealer (IBD) channel continued to drive growth. Earnings were hampered b
Penney’s Comps Slide 2.6 Percent
J.C. Penney reported comparable store sales for the four-week period ended Oct. 29, 2011, decreased 2.6 percent. While sales overall were soft, women's apparel and accessories experienced sales gains in October. Geographically, the southeast was th
NASGW Announces Industry Award Winners
Leupold and Stevens, Birchwood Casey, Hornady Manufacturing and Sturm Ruger Company were this year’s Industry Awards recipients from The National Association Of Sporting Goods Wholesalers (NASGW)…
Sturm Ruger Beefs Up Sales Team
Sturm, Ruger & Company, Inc. announced several senior level appointments to the sales staff, effective immediately. Randell Pence, former executive director of sales, will be relocating to the greater Nashville, TN area to fulfill duties as newly appointe
Specialized, Lululemon Step in to Take over Women’s Cycling Team
Specialized has stepped up to take over the sponsorship of the women’s HTC-Highroad team owned by Bob Stapleton with assistance from Lululemon Athletica. Unable to secure a replacement sponsor to replace cellphone manufacturer HTC in 2012, Stapleton
LeadmanTri Life Time 250 Coming to Bend, OR in 2012
Life Time Fitness unveiled the 2012 LeadmanTri Life Time EPIC 250 schedule. The category redefining, ultra-distance triathlon will make its return to Las Vegas on Saturday, May 19, 2012…
Rocket Dog Appoints European Manager
Rocket Dog Brands, LLC appointed Derek Bowen as managing director, Europe where he will be based out of the RDBI Ltd office in Elstree. He was most recently from Wolverine Worldwide where he acted as the Northern Europe sales director, Heritage Brands Gro
Dr. Scholl’s Opens First Stores
As part of its continuing success in re-imagining the brand, Dr. Scholl's Shoes celebrated fall with the grand openings of its first retail stores. On Oct. 17, three stores opened in Las Vegas, Ellenton, FL, and San Marcos, TX…
Bakers Footwear’s Comps Nudge Up 1.0 Percent in Q3
Bakers Footwear Group, Inc. reported sales for the third quarter were $40.2 million, decreasing 0.9 percent from $40.6 million a year ago. Comparable store sales increased 1.0 percent, compared to a comparable store sales increase of 5.9% for the third qu
