Target Corporation reported that its net retail sales for the four weeks ended August 2, increased 4.7% to $4.56 billion from $4.36 billion. On this same basis, July comparable store sales declined 1.2%…
Tag: Trade
Urban Outfitters Comps Up 13%
Urban Outfitters Inc. reported its second-quarter sales at stores open at least one year rose 13 percent on growth across all brands. The company posted same-store sales growth of 7 percent at its Anthropologie women's clothing and home accessories c
ASICS Reports 14.9% Q2 Sales Jump, U.S. Up 6.6%
ASICS Corp. reported that net sales increased 14.9% to ¥65.32 billion ($625.8 mm) for the first quarter ended June 30, up from ¥56.84 billion ($471.2 mm) a year earlier. Net income jumped 22.6% to ¥7.57 billion ($72.6 mm) from ¥6.18 billion ($51.2 mm) las
Visitor Numbers Up for 3rd Asia Outdoor Show
The third annual Asia Outdoor trade show concluded on August 2nd after hosting nearly 9400 visitors, over 14% more than last year's show. Visitor numbers for the trade show were also up despite visa restrictions amidst the run-up to the 2008 Beijing
Outdoor Marketing Alliance Picks up GoLite
GoLite announced today that it has named Birmingham, Alabama based Outdoor Marketing Alliance (OMA) to manage the company’s sales in the North Central, South Central, Southeast and Mid-Atlantic regions, effective August 1, 2008…
Genesco Provides Insight to Mall Trends
Reacting to an analyst's comments at last week's WSA Financial Conference sponsored by Susquehanna International Group that suggested that the skate category was slowing, and subsequent comments from Skechers suggesting the same, executives at G
Garmin’s Outdoor/Fitness Q2 Revenues Jump 54%
Garmin Ltd. reported revenues in its Outdoor/Fitness segment revenue increased 54% to $119 million in the second quarter. The gains were largely due to the strength of product introductions in the quarter. Financial highlights from the second quarter incl
Escalade Sports Sees Q2 Sales Fall on Weak Retail Sell-Through
Escalade, Inc. reported revenue for the second quarter dropped 9% to $45.8 million from $50.5 million a year ago. A net loss of $705,000, or 6 cents a share, compared to net income of $2.4 million, or 19 cents, in the prior year. Sporting Goods segment re
Newton Running Introduces Motion All-Weather Shoe
Newton Running plans to introduce a new Motion All-Weather Shoe, a technically advanced, lightweight trainer, designed for damp and chilly weather. The shoe features a breathable, water-repellant upper, a sticky rubber outsole tuned for cold temperatures
TRAK Kayaks Hires VP of Sales and Marketing
TRAK Kayaks Inc., which sees a big market for urban kayaking, has named Blue Ocean Strategy consultant Robert Schmidt as VP of sales and marketing. As Canada's first certified Blue Ocean strategist, Schmidt specialized in helping companies find uncon
Conservation Fund Pledges Reach $2.6M
Black Diamond Equipment, Ltd. has pledged $50,000 to The Conservation Alliance Legacy Fund, pushing commitments to the non-profit to more than $2.6 million. That total includes $700,000 raised after the campaign was announced at the January Outdoor Retail
Skechers Sees Q2 Earnings Dip on Flattish Sales
Skechers USA Inc. reported Q2 revenues climbed 0.6% to $354.6 million from $352.2 million a year ago. Net earnings dipped 2% to $14.6 million or 31 cents a share, from $14.9 million, or 32 cents, a year ago. In late April, Skechers predicted Q2 revenues
Puma Second Quarter Sales Up 6.3%; Americas Biz Improves
Puma's sales during the second quarter rose 6.3% to €577 million ($905.3 million) from €542.8 million ($852 million), and rose 11.2% on a comparable basis, according to the quarterly report of its parent, PPR SA. In a statement, PPR said Puma's
OIA and SIA Herald Tariff Relief Initiatives
Outdoor Industry Association (OIA) heralded the introduction of the Recreational Performance Outerwear Act of 2008 (H.R. 6483) on July 15, the first ever trade legislation specifically for outdoor performance apparel manufacturers…
Nike Pulls “Air Stab” Line from UK
Nike has pulled its “Air Stab” shoe line from stores in the UK following a recent spate of fatal knife attacks across the country. Nike pledged to discontinue the shoe range 11 days after two security guards at the Niketown store in London were stabbed wh
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