Tag: Trade

Phiten Supports Dodgers Dream Foundation

July 11, 2011 SGB Update

Phiten, the maker of the titanium necklaces, announced its partnership with the Dodgers Dream Foundation to support the organization's charitable efforts and fundraising events, which benefit youth in Los Angeles-area communities…

Sport Footwear Sales Up in Mid-Singles in June

July 11, 2011 SGB Update

June is not historically an important month for Sport Footwear sales, as it is a transition month from spring into back-to-school. June does not see a lot of new product introductions, and is mostly driven by sandal sales and clearance…

Mammut Acquires Snowpulse

July 11, 2011 SGB Update

Mammut acquired Snowpulse, a fellow Swiss company that makes one of Europe's leading air bags for surviving avalanches. Air bag technology has been used for decades in Europe to protect backcountry skiers from avalanches, but is only now be adopted i

Costco’s U.S. Comps Up 8 Percent in June Ex Gas

July 7, 2011 SGB Update

Costco Wholesale Corporation reported net sales of $8.69 billion for the month of June, the five weeks ended July 3, 2011, an increase of 18 percent from $7.33 billion during the similar period last year. After excluding the impact of gasoline sales, comp

Bon-Ton Stores Comps Off 0.9% in June

July 7, 2011 SGB Update

The Bon-Ton Stores, Inc. announced comparable store sales for the five weeks ended July 2, 2011 decreased 0.9%. Total sales decreased 1.5% to $240.8 million for the five weeks compared with $244.4 million a year earlier…

Li Ning Sees Sales and Margins Sliding in First Half

July 7, 2011 SGB Update

Li Ning Co Ltd., China's biggest sporting goods maker, said it expected revenue to decline 5 percent in the first half of 2011 from a year ago as it moves to revamp distribution channels. In a filing with the Hong Kong bourse, the company also indica

Target’s Comps Climb 4.5 Percent

July 7, 2011 SGB Update

Target Corp. reported that its net retail sales for the five weeks ended July 2, 2011 were $6.23 billion, an increase of 5.7 percent from $5.92 billion for the five weeks ended July 3, 2010. On this same basis, June comparable-store sales increased 4.5 pe

Macy’s Ups Q2 Forecast on June Comps Growth

July 7, 2011 SGB Update

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

July 7, 2011 SGB Update

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…

Sports Direct Buys Fashion Firms

July 6, 2011 SGB Update

Sports Direct International, the sporting goods chain based in the United Kingdom, has acquired a majority shareholding in fashion brands USC and Cruise Clothing…

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