Peter Mangione to Step Down as President of FDRA

The Footwear Distributors and Retailers of America (FDRA) announced that Peter Mangione will be stepping down as president of the association. According to a statement, Mangione, president of the organization since 1981, will assist the organization in re

Lululemon Q3 Net Up on 4% Comp Gain

Lululemon athletica inc. said that for the thirteen weeks ended Nov. 2, 2008, net revenue increased 34% to $87.0 million from $64.9 million for the third quarter of fiscal 2007. Net revenue from corporate-owned stores was $77.6 million, an increase of 31%

Lululemon Founder To Transfer Shares

Lululemon athletica inc.'s founder and Chairman Dennis J. Wilson has indicated through regulatory filings an intention to transfer or otherwise sell, through his control of LIPO Investments USA, Inc., approximately 330,000 shares of…

Gildan’s Sales, Market Share Jump in Q4

Gildan reported net earnings of $21.4 million and diluted EPS of 18 cents for the fourth quarter of fiscal 2008, down 47.7% from earnings of $40.9 million, or 34 cents per share, during the fourth quarter of fiscal 2007. Sales in the fourth quarter of fis

Denver to Host Int’l Sports Convention

The Metro Denver Sports Commission (MDSC) has announced that Denver has been selected to host Sportaccord 2009, the seventh annual International Sports Convention that brings together members of the International Sports Federations, the International Olym

Rottefella To Sell NTN Bindings Via Boot Makers

Rottefella AS is shifting its North American distribution model to make it easier for retailers to buy an NTN telemark binding/boot system. Starting Jan. 1, 2009, the company will distribute NTN bindings through the three ski boot manufacturers/distribut

NSGA: Larger Retailers Show Stronger Productivity

Larger full-line sporting goods retailers showed stronger key measures of productivity and profitability than did their smaller counterparts, according to data in the newly released NSGA Cost of Doing Business Survey. For the current study, larger full-li

PSUN November Comps Drop 10%

Pacific Sunwear of California, Inc. total sales for the four weeks of fiscal November ended Nov. 29, 2008 were $101.0 million, a decrease of 8% from total PacSun sales of $110.2 million during the same period last year. PacSun same-store sales decreased 1

Stage Stores November Comps Beat Guidance

Stage Stores, Inc. reported that its total sales for the four week November period ended Nov. 29, 2008 decreased 4.8% due in part to the timing of the Thanksgiving weekend. Comparable store sales decreased 8.0% versus an increase of 3.6% last year…

Stein Mart Nov. Comps Down 14%

Stein Mart, Inc. reported comparable store sales for the four-weeks ended Nov. 4 decreased 14.2% compared with the yea-ago period. Total sales for the period were $118.8 million, a 15.3% decrease from $140.2 million in the year ago period…

Nov. Comps Slide 13% at Macy’s

Macy’s, Inc. reported total sales of $2.33 billion for the four weeks ended Nov. 29, 2008, a decrease of 14.1% compared to total sales of $2.70 billion in the four weeks ended Dec. 1, 2007…