Burton Relocates Brands to Vermont
Burton has begun transitioning The Program, which includes snowboard brands Forum, Special Blend and Foursquare, from its Irvine, CA offices to Burton’s Vermont headquarters. The company said the transition will be complete by early February and will allo
First Shoebox Opened in Asia
NexCen Brands, Inc. opened its first international Shoebox New York store in Hanoi, Vietnam. The store held its grand opening on November 28th with a traditional ribbon cutting ceremony. In the first three days following the opening, Shoebox New York sold
Wal-Mart U.S. Sales Rise 6.5% in November
Sales rose 6.5% and 1.4% at U.S. Wal-Mart and Sam’s Club stores for the four weeks ended Nov. 28, 2008, on comp store gains (excluding fuel) of 3.4% and 3.5% respectively. However, a stronger dollar caused the discounter’s international sales to decline 1
Dillard’s Sees Comps, Total Sales Fall in November
Dillard’s, Inc. merchandise sales for the four weeks ended Nov. 29, 2008 were $505.8 million compared to sales for the four weeks ended Dec. 1, 2007 of $559.2. Total sales decreased 10%. Sales in comparable stores decreased 9% for the four-week period. Sa
Neiman Marcus’ November Comps Fall 11.9%
Neiman Marcus, Inc. reported total revenues dropped 10.2% in November to $324 million from $360 million a year ago. Comps dropped 11.9%…
Kohl’s November Comps Tumble 17.5%
Kohl’s Corporation reported sales for the four-week month ended November 29, decreased 13.7% to $1,74 billion from $2.02 billion a year ago. On a comparable store basis, sales decreased 17.5%…
Target’s November Comps Slide 10.4%
Target Corporation's sales for the four weeks ended November 29, 2008 decreased 6.1% to $5.6 billion from $5.97 billion. Comps declined 10.4%. Sales results were unfavorably impacted by the loss of seven post-Thanksgiving holiday shopping days compar
Billabong Cuts EPS Forecast on Weakening US Sales
Billabong International Limited nearly halved its guidance on EPS growth for fiscal 2008-09, citing further deterioration in consumer sales, primarily in the United States. The world's largest publicly traded surf company said forward orders remain g
Nordstrom’s Fined Over Kid’s Hoodies
Nordstrom Inc. has agreed to pay a $60,000 civil penalty to settle allegations that it knowingly failed to report to the Consumer Product Safety Commission immediately, as required by federal law, that its children's hooded jackets and sweaters were
Sportsman’s Warehouse HQ Likely to Remain in Utah
The Canadian agricultural co-op that has signed an MOU to buy Utah-based Sportsman's Warehouse expects to eventually combine the chain with a Canadian chain it bought earlier this year under a single brand, according to a report by New West. Expansio
Genesco Third Quarter Results In Line With Adjusted Guidance
Genesco Inc. said its results for the third quarter reflected solid performances at Journeys, Hat World and Dockers, partially offset by challenges at Johnston & Murphy. The company ended the quarter with 4% less inventory, thanks to solid back-to-school
FGXI Acquires Dioptics Medical Products
FGX International has acquired Dioptics Medical Products, Inc., a privately held company located in San Luis Obispo, CA. Dioptics is engaged in the wholesale and retail sales of sunglasses and optical accessories primarily marketed under the SolarShield a
New Balance Adds Senior Marketing Mgr
New Balance appointed Chris Passarell as senior marketing manager, global sports, to lead integrated marketing for the performance SBUs (running, sport, outdoor and kids) and creative services…
Trek Bicycle Sponsors Women’s Triathlon Series
Trek Bicycle has signed on as title sponsor of a new women’s triathlon series. The Trek Women’s Triathlon Series is targeting 12 cities for 2009, anticipating more than 25,000 entrants…
New Balance Foundation Grant Establishes Childhood Obesity Initiative
The New Balance Foundation has awarded a $100,000 grant to Regis College School of Nursing and Health Professions to establish a program at Mt. Saint Joseph Academy (MSJA) in Brighton to fight childhood obesity. The Get Fit, Get Balanced program will foc
