Macy’s Ups Q2 Forecast on June Comps Growth
Macy's, Inc. again raised its guidance after reporting same-store sales rose a higher-than-expected 6.7 percent in June. The company now expects same-store sales to rise by approximately 6 percent in the second quarter, which would translate to same-
Kohl’s Comps Surge 9.2 Percent in June
Kohl's Corp. said that for the five-week month ended July 2, 2011 total sales increased 9.2 percent and comparable store sales increased 7.5 percent over the five-week month ended July 3, 2010…
Nordstrom’s June Comps Rise 7.9 Percent
Nordstrom, Inc. reported a 7.9 percent increase in same-store sales for the five-week period ended July 2, 2011 compared with the five-week period ended July 3, 2010. Preliminary total retail sales of $927 million for June 2011 increased 12.8 percent comp
Specialty Sports Venture Buys Assets of O2GearShop.com
Specialty Sports Venture, a wholly-owned subsidiary of Vail Resorts, Inc. has acquired the assets of Outdoor Outlet, LLC, a Wisconsin-based company that owns and operates O2GearShop.com, a rapidly growing online retailer of outdoor/snowsports goods and eq
WFSGI signs agreement with Messe MûnchenGmbH
The World Federation of the Sporting Goods Industry (WFSGI) extended its partnership with Messe Mûnchen GmbH (MMG), the organizer of the International Trade Fair for Sports Equipment and Fashion (ISPO)…
Mammut Acquires Snowpulse
Mammut has acquired 100% ownership of Snowpulse, a fellow Swiss company that makes one of Europe's leading air bags for surviving avalanches. Founders and former owners of Snowpulse SA, Yan Berchten, CEO, and Pierre Yves Guernier, CTO, will become em
Mobile Payments to More than Double in 2011
Juniper Research estimated that the total value of mobile payments for digital and physical goods, money transfers and NFC (Near Field Communications) transactions will reach $670 billion by 2015, up from $240 billion this year. The forecast represents th
Teko Socks Moves to Bozeman
Teko Socks is moving its U.S. operations from Boulder, CO to Bozeman, MT as part of a partnership with the Hyalite Outdoor Group…
Nfinity Athletic Relaunches Website
Nfinity Athletic Corporation re-launched its website, at www.nfinity.com…
Western Governors’ Push Outdoor Recreation
Outdoor Industry Association and REI praised the launch of “Get Out West,” an initiative announced by the Western Governors' Association at its annual meeting June 30. The initiative was championed by new WGA Chair and Washington State Gov. Chr
Fila Korea Inks Licensing Pacts Across EMEA
Fila Korea Ltd. signed a number of licensing partnership deals with companies in Europe, the Middle East and Africa to expand its overseas sales. The partnership deals come after Fila Korea in February 2011 acquired Integrix Sports Group Ltd., which held
Amazon Sends California Affiliates Termination Notices
Amazon.com on Thursday notified an estimated 10,000 affiliates in California that it was ending its relationship with them because Gov. Jerry Brown signed into law a bill that requires them and other out-of-state, online only retailers to begin paying sal
Bass Pro Shops to Sponsor NASCAR Race Car
Bass Pro Shops has partnered with the National Rifle Association (NRA) to sponsor the No. 39 Chevrolet Impala driven by Ryan Newman in the July 2 Coke Zero 400 NASCAR Sprint Cup Series race at Daytona (Fla.) International Speedway…
Consumer Confidence Hits Seven-Month Low
The Conference Board Consumer Confidence Index, which had declined in May, decreased again in June. The Index now stands at 58.5 (1985=100), down from 61.7 in May and to its lowest point since November, 2010. The Present Situation Index decreased to 37.6
Study: Chi Running Provides Benefits
A 2011 survey from ChiLiving, Inc. found 92 percent of respondents agreed that they felt that Chi Running and Chi Walking have played a role in preventing running/walking injuries…
