K2 Inc: Why We Didn’t Buy It and What We Will and Won’t Acquire…
At the SunTrust Robinson Humphrey Conference in Atlanta, Dudley Mendenhall, K2 Inc.’s SVP Finance, outlined his company’s performance and future strategy for investors. Mendenhall said K2 now represents about $1 billion of the $50 billion U.S. wholesale
American Recreation Parent Boosts Net Income 18.5% in Q1…
Kellwood’s American Recreation division, which houses the Sierra Designs, Kelty, and Slumberjack brands, is grouped into the ‘other soft goods’ category in company financial statements. The category posted a 19.2% decline in sales to $120.0 million compar
Chinook Hires Coogan for New Brand Strategy
Chinook Trading has selected Mike Coogan, former VP of global marketing at Kamik, to launch a branded division.
Coogan, who will serve as president of the newly formed branded division at Chinook Trading, is launching a unique multi-brand strategy for the
Neville Named President of Stride Rite’s Keds Division
Shawn Neville will join Stride Rite Corporation as president of Keds, effective July 7, 2004. Most recently, Neville was president & CEO of Footstar's athletic division, including the management of Footaction, USA and Just for Feet. Previously, he w
OR Summer Market is Sold Out
Outdoor Retailer has announced that exhibiting space for the 2004 Summer Market to be held at the Salt Palace Convention Center in Salt Lake City, Utah, has officially sold out, with a waiting list of over 120 outdoor-related companies. The total number o
Shoe Carnival Posts 0.5% Comp Sales Gain for May
Shoe Carnival reported sales for the four-week period ended May 29, 2004 increased 8.8% to $43.1 million from sales of $39.6 million for the four-week period ended May 31, 2003. Comparable store sales increased 0.5% in May 2004. Sales for the first four m
Stage Stores May Comps Inch Up 1.0%
Stage Stores total sales for the four-week period ended May 29, 2004 increased 39.4% to $90.6 million from $65.0 million in the prior year four-week period ended May 31, 2003. Comparable store sales increased 1.0% versus a decrease of 5.4% last year. Year
May Comps Climb 7.8% at Pacific Sunwear
Pacific Sunwear of California total sales for the four weeks of May of fiscal 2004 were $72.4 million, an increase of 18.5% over total sales of $61.1 million for the four weeks of May of fiscal 2003. Company same store sales increased 7.8% for the compara
JC Penney May Comps Jump 9.1%
J. C. Penney Company comparable department store sales increased 9.1% for the four weeks ended May 29, 2004. Total sales for the month increased 9.0% to $1.042 billion, compared to $960 million last year…
Dillard’s Reports 5% May Comp Store Sales Decline
Dillard's, Inc. announced that sales for May 2004 were $511.4 million compared to sales for the four weeks ended May 31, 2003 of $536.6 million. Total sales decreased 5% for the four-week period and comparable store sales decreased 5% for the four-we
Bon-Ton May Comps Increase 2.6%
The Bon-Ton Stores total sales for the four weeks ended May 29, 2004, increased 86.2% to $95.1 million, including $42.3 million from the acquired Elder-Beerman stores, compared to $51.1 million for the same period last year. Bon-Ton comparable store sales
May Comps Climb 2.9% at Federated
Federated Department Stores total sales were $1.172 billion for the four weeks ended May 29, 2004, an increase in total sales of 3.3 percent compared to total sales of $1.136 billion in the same period last year. On a same-store basis, Federated's Ma
TJX May Comps Increase 5%
The TJX Companies May 2004 sales for the four-week period ended May 29, 2004, were $1.1 billion, up 13% over the $975 million achieved during the four-week period ended May 31, 2003. Consolidated comparable store sales for the four-week period ended May 2
Target Corp May Comps Again Hurt by Mervyn’s Declines
Target Corporation reported that its net retail sales for the four weeks ended May 29, 2004 increased 10.6% to $3.544 billion from $3.203 billion for the four-week period ended May 31, 2003. Comparable-store sales increased 4.6% from fiscal May 2003. Tar
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
