SGMA: Apparel Sales Down on Declining Prices
Consumer spending for sports apparel declined 2.1% in 2003 to $37.0 billion, according to research by The NPD Group, but other signs indicate that consumer enthusiasm for casual, sporty clothing is on the increase. Consumers actually purchased 3% more it
NRF: More Than Half of Consumers Affected by Higher Gas Prices
Just as the retail landscape started to stabilize, rising prices at the pump are shifting consumers’ spending habits once again. Although nearly half of consumers (43.2%) do not believe gas prices will have a major impact on their spending, others are cho
Ross Stores first Quarter Sales Jump 13%
Ross Stores reported earnings per share for the 13 weeks ended May 1, 2004 of $.32, compared to $.32 for the 13 weeks ended May 3, 2003. Net earnings in the first quarter of 2004 were $48.5 million, compared to $49.3 million in the prior year period. Sale
Heyne Appointed President of Nautica Jeans
Nautica announced that Christopher H. Heyn, President, Nautica Men's Sportswear has expanded his role and will assume responsibility for the Nautica Jeans company. Mr. Heyn's title is President, Nautica Sportswear and Nautica Jeans Company. In t
Huffy Delays Q1 Earnings Release Again
Huffy has retained a third party to provide an independent review of the valuation of certain intangible assets. Although the Company has received a preliminary report, given the significant reduction in valuation, the Company has elected not to release i
American Skiing Co. Restructures Real Estate Debt
American Skiing Company has completed its real estate debt restructuring. The Company's real estate development subsidiary, American Skiing Company Resort Properties, Inc., finalized the restructuring of its $73 million Real Estate Term Facility led
Finish Line Offers Military Discount
The Finish Line now will offer military personnel and their immediate families a 10% discount on purchases made at all Finish Line store locations across America. This discount offer kicks off in conjunction with Armed Services Day, which is Saturday, May
Nike Supports the Lance Armstrong Foundation with New Program
As a tribute to Lance Armstrong's inspirational fight against cancer as well as his historic attempt at a sixth Tour de France win, the Lance Armstrong Foundation (LAF) and Nike will launch the Wear Yellow Live Strong campaign. Nike will donate $1 mi
Garmin and Columbia Sponsor the Jeep World of Adventure Sports
Columbia Sportswear Company, Garmin International, Goodyear and America Online (AOL) will join Jeep and NBC as sponsors of Jeep World of Adventure Sports, the new action-adventure sports series that debuted on NBC. As the exclusive outerwear sponsor of th
NSGA Expands Cost of Doing Business Survey…
In the bi-annual NSGA Cost of Doing Business survey, the trade organization has included backpacking and camping stores for the first time since the survey began. Also among the retailers surveyed were SnowSports shops and Bicycle specialty shops…
Big Business Brings Big Attention to Roadless Ruling…
The Oregon Natural Resources Council and the OIA Business for Wilderness program spearheaded an initiative that has been garnering a great deal of national and international press coverage. Some of the biggest names in Oregon's corporate world joined
OR Looks Beyond Salt Lake City…
Outdoor Retailer and the OIA have sent out an invitation to participate in an online survey concerning the future location of the OR Summer Market. According to OR, survey questions were designed to gauge the event experience of retailers and exhibitors
Genesco Raises Q1 Guidance on Stronger Comp Performance
Genesco reported net sales of $226 million for the first quarter ended May 1, 2004, a 17.1% increase compared to $193 million for the same period last year. The Company also raised its first quarter earnings per share guidance to between 21 cents and 24 c
Shoe Carnival Q1 Net Down 9.8% on 2.2% Comp Sales Decline
Shoe Carnival, Inc. reported that net earnings for the first quarter ended May 1 were $4.6 million, or 35 cents per diluted share, compared with net earnings of $5.1 million, 39 cents per diluted share, in the year-ago quarter. Net sales for the first qu
Outdoor Retailer Looks for Feedback on New Locations
Earlier this week, Outdoor Retailer, in conjunction with the Outdoor Industry Association, sent an invitation to thousands of outdoor industry retailers and exhibitors to participate in an online survey. Survey questions were designed to gauge the event
