Johnson Outdoors Marine Acquires Geonav
Johnson Outdoors reached agreement to acquire Geonav, a leading marine electronics brand in Europe. The Geonav chartplotter and marine accessories brand and assets were acquired in a stock purchase from Nanionics of Viareggio, Italy…
SpringBoost Expands Sales Team
SpringBoost hired 12 new sales reps who will report to Kim Walsh, recently promoted from Regional Manager to the newly created position of manager of U.S. Sales. She reports to Donald W. Johnson, newly appointed vice president of sales…
Jarden Announces Stock Buyback Plan
Jarden Corporation, parent company of K2 and Volkl skis, announced that its Board of Directors has authorized a new stock repurchase of up to $100 million of its common stock. As of October 29, the company had approximately 77.6 million shares of common s
Surfboards Load for Free on Virgin Atlantic
Virgin Atlantic announced that its passengers are allowed to take an item of sports equipment on their flights free of charge. The news followed a recent ban by British Airways (BA) on surfboards and similar items…
Shoe Carnival Expects Sharp EPS Decline on Weak Q3 Comps
Shoe Carnival, Inc. reported that sales for the thirteen-week period ended November 3 decreased 8.0% to $173.9 million, compared to sales of $189.1 million for the thirteen-week period ended October 28, 2006. Comparable store sales declined 5.0% for the
Kohl’s Will Pursue LEED Certification in 80 Stores
Kohl’s Department Stores will pursue LEED (Leadership in Energy and Environmental Design) certification for more than 80 locations. The certifications are being pursued through the US Green Building Council Portfolio Program and will appear in 28 states n
Saks Comps Surge 10.6%
Saks Incorporated reported comparable store sales increased 10.6% during October. Total sales reached $269.1 million versus $232.2 million, a 15.9% increase…
Same-store Jump 8.5% at Neiman Marcus
Same-store sales at Neiman Marcus rose 8.5% in October. Total sales advanced 10.9% to $383 million from $345 million…
Kohl’s October Comps Fall 3.8%
Kohl’s Corporation sales for the month of October, 2007 increased 1.6% over 2006. On a comparable store basis, sales decreased 3.8%. Based on October’s results, the Company expects its third quarter earnings to be 59 cents to 60 cents per diluted share…
Retail Ventures Comps Tumble 7.3%
Retail Ventures, Inc. reported October sales reached $787.8 million, basically flat against $787.6 million a year ago. Same store sales decreased 7.3% for the thirteen week period.
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Bakers Footwear Q3 Comps Fall 16.6%
Bakers Footwear Group, Inc. reported third quarter sales decreased 13.4% to $40.3 million, compared to $46.6 million a year earlier. Comps decreased 16.6%, compared to a 4.2% decline in the comparable period last year…
Isis Appoints Two New Rep Groups
ISIS appointed Bruce and Michelle Marsh of BRM Representatives as well as Mark Waddle and Elizabeth Dell of Active Pursuits as independent sales representatives for its Midwest regional territory. Both groups joined the team on November 1.
NexCen Breaks Even in Q3 on 28% Sales Increase
NexCen Brands, Inc. total revenues increased 28% from Q2 2007 to $11.3 million. Operating income increased 85% from Q2 2007 to $2.6 million. Net Income of $117,000 or 0 cents per share compares to a net loss of ($245,000) or one cent per share in Q2 2007.
DSW Third Quarter Comps Slip 3.0%
DSW Inc. reported net sales for the thirteen-week quarter ended November 3 increased 11% to $367.4 million compared with $332.2 million for the year-ago period ended October 28, 2006. Same-store sales decreased 3.0% for the comparable thirteen-week perio
Puma Q3 Sales Decline but Futures Looks Brighter
Puma AG reported that third quarter consolidated sales were €670 million, down 4.1% from €699 million ($892 mm) in the 2006 third quarter when measured in Euro terms, or down 0.5% when measured on a currency-neutral basis. By segments, footwear decreased
