SGB Update Apparel
The Buckle Sees May Comps Up 8.8 percent
The Buckle reported May comps improved 8.8% on net sales that increased 12.7 percent to $68.1 million for the four-week fiscal month from $60.4 million in the year-ago month…
Yue Yuen Sees Stronger Manufacturing Growth But U.S. Increase Lags Market
Yue Yuen Industrial Ltd. the Chinese manufacturing company that makes footwear for many key athletic and outdoor brands, reported sales rose 19.9 percent to $1.61 billion for the fiscal second quarter ended March 31…
Sport Chalet Swings to Fiscal Fourth Quarter Profit
Marking its first profitable quarter in the 13 quarters, Sport Chalet netted a profit of $300,000, or 2 cents a share, in its fiscal fourth quarter ended April 3, against a loss of $300,000, or 2 cents, in the year-ago quarter. Sales increased 8.8 percent
REI Expands Efforts to Track Quality at Chinese Factories
REI will establish its first, full-time physical representation in China this summer in a bid to better track quality control at factories, which are increasingly moving inland to escape rising labor costs, the retail co-operative reports in its latest st
Thule Sets Sites on Juvenile Market with Chariot Carriers Acquisition
The Thule Group plans to add a third business unit in North America to target child transportation as part of the proposed acquisition of Chariot Carriers Inc…
Deadline Looms for Kneissl Rescue
Customers, creditors and other stakeholders of the bankrupt Austrian ski maker Kneissl may learn its fate as early as June 15, when the company could be liquidated if its billionaire majority shareholder does not finally deposit a long promised capital in
G-III Apparel Reports Q1 Sales Up 28%
G-III Apparel Group, Ltd. reported net sales for the first quarter ended April 30, 2011 increased by 28 percent to $196.9 million from $154.3 million in the year-ago period…
Sperry Forms Sailing Team
Sperry Top-Sider announced a major sponsorship agreement with 30 of the top athletes from the world of Olympic sailing to form Team Sperry. The group of World Champion sailors come from Croatia, France, Great Britain and the United States…
Delta Apparel Amends Loan Agreement
Delta Apparel, Inc., the parent of MJ Soffe, has entered into a fourth amended and restated loan and security agreement…
Costco’s May Comps Up 17%
Costco Wholesale Corporation reported net sales of $7.14 billion for the month of May, the four weeks ended May 29, 2011, an increase of 17 percent from $6.09 billion during the similar period last year. Comparable stores sales in the United States, inclu
Bon-Ton’s Q2 Comps Off 2.3% on Unfavorable Weather
The Bon-Ton Stores, Inc. announced comparable store sales for the four weeks ended May 28, 2011 decreased 2.3% across its markets in the northern United States. Total sales decreased 2.9%. Sales of warm weather products were flat in May, marking an improv
Study: Sporting Goods Prices Heading Up
More than 90 percent of sporting-goods manufacturers, including athletic footwear and apparel, paid higher input costs in the first quarter, and 41 percent of those firms increased wholesale prices, according to a quarterly survey of private, independent
Nordstrom Same-Store Sales up 7.4 Percent
Nordstrom Inc. said that revenue at stores open at least a year gained 7.4 percent in May. For the four weeks that ended May 28, the company's total revenue rose 13 percent to $796 million…
REI Stewardship Report List Major Accomplishments of 2010
REI donated more than 109,000 volunteers hours, reduced CO2 emissions 2.9 percent in its direct fulfillment operation despite a 22.9 percent increase in direct sales and established a Fair Labor Oversight Committee accountable to REI’s board of dire
U.S. Outdoor Act Reintroduced in the House
A bipartisan duo from Washington's delegation in the U.S. House of Representatives reintroduced the U.S. OUTDOOR Act, which seeks to eliminate tarrifs as high as 28 percent on imported recreational performance outerwear. The high cost of gear and equ
