SGB Update Apparel
TJX May Comps Rise 5%
The TJX Companies, Inc. saw sales for the four-week period ended May 30, 2009 of $1.49 billion, up 4% over the $1.43 billion achieved during the four-week period ended May 31, 2008. For the 17 weeks ended May 30, 2009, sales reached $5.84 billion, up 1% o
J.C. Penney’s May Comps Decline 8.2%
J.C. Penney Co. Inc. reported comparable store sales decreased 8.2% for the four weeks ended May 30, slightly better than the company's guidance for sales to decrease 9% to 12% and compared to a 4.4% decrease last year. Total sales in May decreased 6
Target Sees 6.1% Decline in May Comps
Target Corp. reported same-store sales fell 6.1% in May. Total sales for the four weeks ended May 30 fell 2.3%to $4.46 billion…
Stein Mart Q1 Sales Dip 9.2%, Comps Fall 8%
For the first quarter ended May 2, 2009, Stein Mart earned $16.1 million or 38 cents per diluted share as compared to $7.0 million or 17 cents per diluted share in 2008. As previously reported, net sales for the first quarter decreased 9.2% to $319.6 mill
Iconix Raises $131M in Stock Offering
Iconix Brand Group, Inc. expects to receive proceeds of approximately $131.4 million from the offering of 9.2 million shares. Proceeds will reach approximately $152.9 million if the underwriters exercise their option to purchase additional shares in full.
Vail Resorts Q3 Income Drops 29.4%
Vail Resorts, Inc. saw a net income of $61.6 million in the third fiscal quarter ended April 30, 2009. This 29.4% drop from last year's income of $87.3 million was impacted by lower destination visitation…
Tilly’s Opens 103rd Store
Tilly’s, the surf and skate chain, opened its 103rd location in Hamilton Mall in Mays Landing, NJ, and said it will open “numerous stores” in 2009. The openings will include locations in California, New Jersey, New York, and Virginia. Tilly’s will host it
Beretta Names New Rep Group
Beretta USA recently selected Maschmedt & Associates as their new sales representative group covering the Western sales territory…
Puma NA Partners on Swimwear License
PUMA North America named Blue Water Design Group the official licensee of PUMA Swimwear and Beachwear for women in the US market. As part of this relationship, Blue Water will be responsible for design, merchandising, sales and marketing for the collectio
Dorel Recreational/Leisure Segment Names New Agency
The Recreational/Leisure segment of Dorel Industries, Inc. manufacturers and marketers of the Cannondale, Schwinn, GT and Mongoose cycling brands and SUGOI Apparel, has named Cossette New York as its agency of record…
Illinois Launches HunterExam.com’s Interactive Hunter Education Course
Illinois is the latest state to adopt the HunterExam.com interactive hunter education course as an option to prepare for hunting certification. The new HunterExam online course allows students to complete coursework online before attending required classr
NSGA: Used Sports Equipment Purchases Fall Below $1 Billion
Consumers purchased $969 million in used sporting goods equipment in 2008, according to a report just released by the National Sporting Goods Association (NSGA). The used sporting goods equipment market had exceeded $1 billion the previous two years. Sale
Life Fitness VP of EMEA Joins European Health and Fitness Association
Frank van de Ven, vice president of Europe, Middle East and Africa (EMEA) for Life Fitness, has been chosen as a board member for the European Health & Fitness Association (EHFA). Van de Ven will join fellow EHFA leaders in the industry to govern and incr
Honduran Earthquake Looks to be ‘Non-Event’
The 7.1-magnitude earthquake that struck Honduras on Thursday appears to have largely spared the major apparel plants operating in the region. Fruit of the Loom, Gildan Activewear and Hanesbrands all reported only minor damages to their facilties and no s
Columbia Confiscates Counterfeit Products in Thailand
Columbia Sportswear Company said authorities in Thailand have confiscated more than 4,700 counterfeit Columbia products from four retail outlets and two related warehouses…
