Gildan Builds More Share in Fiscal Q3…

Gildan Activewear reported net sales for its fiscal third quarter benefited from the inclusion of an extra week in the reporting period. Sales were up 4.2% to C$204.0 million ($142.1 million) compared to C$195.7 million ($125.1 million) in the year-ago q

Top-Flite Can Use Cash for Lawyers…

Top-Flite Golf Co. received bankruptcy court permission last week to use cash that is collateral for secured debt to fund its Chapter 11 restructuring. The company’s unsecured creditors has challenged the company’s move to use the collateral, contending

Stein Mart July Comps Down 6.2%

Stein Mart announced net sales and comparable store sales.Total sales for the four-week July period were $80.5 million, a 2.2 % decrease from the $82.3 million in sales for the same period in 2002. Comparable store sales for July decreased 6.2 % from 2002

JC Penney Reports Rising July Comps

J. C. Penney Company reported that comparable department store sales increased 3.7 % for the four weeks ended July 26, 2003. Total Sales for the month were $2.2 billion. Total drugstore sales increased 3.4 %. Comparable drugstore sales increased 0.1 % wit

Ross Comp Store Sales Up 2% for July

Ross Stores reported sales of $303 million for the four-week period ended August 2, 2003, a 13% increase above the $269 million in sales reported for July last year. Comparable store sales for the same period increased 2% on top of a 4% gain in the prior

TJX July Same-Store Sales Up 3.0%

The TJX Companies, Inc. reported July 2003 sales were $899 million, up 11% over $810 million achieved during the four-week period ended August 3, 2002. Consolidated comparable store sales for the four-week period increased 3% from last year…

Phenix and Bogner Join Forces

Longtime industry associates Phenix skiwear and Bogner of America are teaming up to strengthen both companies. Phenix and Bogner recently signed a service agreement designed to help Phenix cut operational expenses and enhance Bogner’s bottom line…

Finish Line Opens 500th Store

The Finish Line will open its 500th retail store at the Mall of America on Friday, August 1, 2003. To celebrate the grand opening, Finish Line will give away 500 pairs of shoes to the first 500 customers in line…

Nugent Tapped to Head Ex Officio Merchandising

Ex Officio carved out a new senior management position focusing on merchandising and design. Pat Nugent will head up the overall product and inventory strategy, including management of product development, agent relationships, manufacturing strategy, and

Luxottica Q2 Retail Comp Stores Sales Off 3.7%

Luxottica Group saw consolidated net sales for the second quarter decline 19.6%, or down 5.2% currency neutral, to €707.0 ($804.0) million verus the year-ago quarter. Consolidated net income for the quarter was €67.7 ($76.99) million and consolidated net