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Stage Stores to Acquire Peebles, Inc.

<p>Stage Stores Inc. has entered into a definitive agreement to acquire Peebles Inc., a privately held retailer headquartered in South Hill, Va. For the trailing twelve-month period ended Aug. 2, 2003, Peebles had sales of approximately $311 million and net</p>

Stage Stores September Comps Decline 3.8%

<p>Stage Stores Inc. reported that comparable store sales for the five-week period ended Oct. 4, 2003 decreased 3.8% as compared to the prior year five-week period ended Oct. 5, 2002, during which comparable store sales decreased 1.8%. Total sales increased </p>

Value City Adopts Holding Company Structure

<p>Value City Department Stores, Inc. on Tuesday announced the adoption of a new holding company structure for its operating units and a stand-alone service organization. Value City Department Stores, Inc. will become a wholly owned subsidiary of Retail Ven</p>

Nautilus Loses Latest Round in Suit Against ICON

<p>A U.S. Federal District Court has granted ICON Health and Fitness, Inc.&#039;s Motion for Summary Judgment of Non-Infringement under the Doctrine of Equivalents. Nautilus will appeal this decision to the Federal Circuit Court of Appeals once the District </p>

NPD: Kids Spending Less on Apparel

<p>Trailing twelve month purchases for tween and teen apparel for the period ended July 2003 decreased 17.6% and 13.8% in dollar volume, respectively, according to leading market information company The NPD Group, Inc. This compares to a 6.3% decline from 2</p>

Malden Mills Snags $19 Million in Defense Department Deal

<p>Malden Mills Industries Inc., makers of Polartec performance textiles, announced that the U.S. Congress has approved $19.1 million for Polartec garments for the U.S. Military in the 2004 Defense Spending Bill. Included in this funding is $3 million to co</p>

SGMA Elects New Board Members

<p>SGMA International re-elected Dick Kazmaier as to Chairman of the Board of the trade association. adidas EVP Tim Joyce was re-elected as Vice Chairman. Tom Rogge maintains his position as Secretary/Treasurer and John Riddle was re-appointed President/CE</p>

Nordstrom September Comp Store Sales Increase 7.7%

<p>Nordstrom, Inc. reported preliminary sales of $563.7 million for the five-week period ending October 4, 2003, an increase of 11.4% compared to sales of $505.9 million for the year-ago period. Same-store sales increased 7.7%&#8230;</p>

JC Penney September Comp Store Sales Inch Up 0.7%

<p>J. C. Penney Company, Inc. reported today that comparable department store sales increased 0.7% for the five weeks ended September 27, 2003. Sales of Back-to-School merchandise continued to perform well in September, while overall sales softened during t</p>

Columbia and Jeep Join Forces

<p>Columbia Sportswear Company and the Jeep are teaming up to offer the new limited-production &#8220;Columbia Edition&#8221; Jeep Grand Cherokee, Liberty and Wrangler. Available in both the United States and Canada, vehicles will begin arriving at dealerships this fall</p>

adidas Sees Continued U.S. Weakness&#8230;

<p>At the companys Investor Day presentation last week, adidas-Salomon AG CFO Robin Stalker discussed the difficulties that the company is having in the critical U.S. market, revealing that North America full-year sales for 2003 are expected to come in belo</p>

Tiger Goes Back to a Nike Driver&#8230;

<p>Tiger Woods has changed drivers again, switching back to a new Nike driver after a two month stint with his old Titleist 975D model. The new Nike club will be the largest he has ever used in competition. Woods has been struggling with control off the te</p>

With a Little Help From My Friends&#8230;

<p>The on again, off again saga of the Malden Mills bankruptcy appears to be winding down this week, with a new exit date set for the middle of the month. Company chairman Aaron Feuerstein has another window of opportunity to close on a deal that will enable</p>