Shimano’s second quarter did not meet expectations, with sales only climbing 1.4% to ¥42.5 billion ($395.9 mm) compared to ¥41.9 billion ($383.1 mm) last year.
Sales of bicycle components accounted for 70.7% of sales, or $279.9 million, a 1.6% increase o
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Big 5 to Remain Listed on Nasdaq
Big 5 Sporting Goods Corporation received a determination from the Nasdaq Listing Qualifications Panel (the “Panel”) to continue the listing of the Company's common stock on the Nasdaq National Market following the Company's filing of its Annual
Trek-Tech Inks Canada Distribution Deal
Trek Technologies LLC, d.b.a. Trek-Tech, plans to expand its North American presence by finalizing an agreement with Gentec International of Markham, Ontario, to distribute the company's products in Canada.
Delay of Talks on Embargoes Could Limit Assortments this Winter…
In late June, the Department of Commerce placed quotas on apparel imports from China. Those quotas, which were quickly filled when larger vendors and retailers aggressively moved to secure deliveries, have now turned into an embargo and many retailers may
FFA Provides Physical Education Grants and Workshops…
The Future Fisherman Foundation awarded over $160,000 in National Fishing and Boating Education Grants to various physical education programs in schools across the country. The recipients will use the grant funds to teach fishing and boating in their scho
Hurricane Katrina: The Impact and the Aftermath; How Can the Industry Help the Country Prepare…
When Hurricane Katrina hit the gulf coast last week it was first assumed that New Orleans had lucked out as the storm moved east and hit the Mississippi coast head on. As we all know by now, the subsequent flooding of the city of New Orleans, the effect
GBMI Appoints SVP of Global Product Development
Global Brand Marketing, Inc. announced the promotion of Andrew Tate to senior vice president of Global Product Development. Tate will oversee all aspects of product development for footwear for all of GBMI’s brands, as well as in footwear licensing in reg
Hurricane Katrina: The Impact and the Aftermath…
When Hurricane Katrina hit the gulf coast last week it was first assumed that New Orleans had lucked out as the storm moved east and hit the Mississippi coast head on. As we all know by now, the subsequent flooding of the city of New Orleans, the effect
J. C. Penney Comps Climb 2.8% in August
J. C. Penney total department store sales increased 3.7%, while comparable store sales increased 2.8% for the four weeks ended August 27, 2005. Comparable store sales were in line with previous guidance of a low-single digit increase, and come on top of a
Retail Ventures August Comps Decline 1.7%; DSW Comps Down 0.2%
Retail Ventures announced total sales for the four weeks ended August 27, 2005, increased 3.3% to $216.4 million from $209.4 million for the four weeks ended August 28, 2004. The company's same store sales decreased 1.7% for the four week period…
Neiman Marcus Comps Jump 8.2% in August
The Neiman Marcus Group announced preliminary company-wide revenues for August 2005 were $255 million compared to $239 million, an increase of 6.5%. Comparable store sales increased 8.2%…
Target Comps for August Rise 6.3% on 12.2% Sales Gain
Target Corporation reported that its net retail sales for the four weeks ended August 27, 2005 increased 12.2% to $3.862 billion from $3.442 billion for same the four-week period of 2004. On this same basis, comparable-store sales increased 6.3% from fisc
Costco August Comps Jump 9%
Costco Wholesale Corporation reported net sales of $4.09 billion for the four weeks ended August 28, 2005, an increase of 12% from $3.64 billion in the same four-week period of the prior fiscal year. August Comps Jumped 9%…
Pacific Cycle Hires Strasser as Marketing Production Manager
Krystin Strasser is Pacific Cycle's new Marketing Production Manager. Strasser will oversee the production of all print marketing materials and various other marketing projects, negotiate estimates of outsourced projects and establish and oversee sta
Finish Line Cuts Guidance on 2% Comp-Store Decline
The Finish Line 2nd quarter net sales were $341.6 million, an increase of 9% over net sales of $312.2 million for Q2 last year. Comparable store net sales for Q2 decreased 2% as compared to an increase of 6% reported for the comparable thirteen-week perio