SGB Update Apparel
Timberland Fourth Quarter Revenues Fall on Softness in North America
The Timberland Co. again reported disappointing revenues for its fourth quarter, concluding the year in “a very challenging retail environment reflecting a downturn in consumer spending and global economic uncertainty.” Still, despite this uncertainty, th
National Golf Rounds Played Drops 6.8% in December
The Golf Datatech National Golf Rounds Played Report showed that in December, golf rounds played varied vastly between regions, with participation in the Pacific, Mountain, East North Central, South Atlantic and South Central regions decreasing and partic
Tech Attributes Still King in Outdoor Apparel
Partnerships between leading outdoor technical apparel brands and manufacturers of technical fabrics continue to bring innovation to outdoor specialty retailers, but retailers want vendors to keep lifestyle in mind as well when developing new products. Ne
Oil, Gas Leases in Utah Cancelled
U.S. Secretary of Interior Ken Salazar said that the department is canceling 77 oil and gas leases in Utah issued in the final days of the Bush Administration. The decision means that more than 100,000 acres of Utah wild lands and recreation destinations
Adidas Sees Currency Fluctuation Risks
In an interview with Bloomberg Television in Wiesbaden, Germany, Adidas AG Chief Executive Officer Herbert Hainer said currency fluctuations are the biggest risk for Adidas’s business in 2009. Hainer particularly cited the declining value of the ruble
Sporting Goods Exempted From Phthalates Ban
According to the Consumer Product Safety Commission, sporting goods (except for toy versions of a sporting good) are exempted from the definition of a toy and not subject to the ban on phthalates in toys. CPSC also said exempted bicycles, playground equip
CenterStone’s B2B E-Commerce Solutions Receive Record Adoption
For the fourth consecutive year, CenterStone Technologies reported record numbers for transactions processed through its iVendix and Escape B2B e-commerce applications in 2008. The company's solutions have helped to expand the marketplace for vendors
Easton Tabs VP Sales Baseball/Softball
Easton Sports has promoted Ray Ziolkowski from Sales Manager, Strategic Accounts to Vice President Sales, Baseball/Softball…
Amer Sports Q4 Sales Slip on Weak Fitness Result
Amer Sports reported fourth quarter sales were down slightly $495.3 million ($653.2 mm) versus $497.1 million ($720.0 mm) a year ago. In local currencies, net sales decreased 3%. Earnings before interest and taxes (EBIT) before non-recurring charges were
Macy’s, Inc. Same-Store Sales Down 4.5% in January
Macy’s, Inc. reported total sales of $1.213 billion for the four weeks ended Jan. 31, 2009, a decrease of 4.7% compared with total sales of $1.273 billion in the four weeks ended Feb. 2, 2008. On a same-store basis, Macy’s, Inc. sales were down 4.5% in Ja
January Comps Decrease Slightly for Target
Target Corporation reported that its net retail sales for the four weeks ended Jan. 31, 2009 increased 0.8% to $4,138 million from $4,106 million for the four weeks ended Feb. 2, 2008. On this same basis, January comparable-store sales declined 3.3%…
TJX Co.’s Reports 4% Decline in January Comps
The TJX Companies, Inc. saw a 6% decline in net sales for fiscal January to $1.0 billion, down from the $1.1 billion achieved last year. For the 52 weeks ended January 31, 2009, sales reached $18.7 billion, up 2% from the $18.4 billion achieved during the
Costco Comps Slip 2% in January
Costco Wholesale Corporation reported net sales of $5.10 billion for the month of January, down 0.2% from $5.11 billion for the same period last year. Comparable store sales for the month declined 2.0% after an increase of 7.0% last year. For the first tw
Stage Stores January Comps Fall 13.1%
Stage Stores, Inc. said total sales for the four-week period ended Jan. 31, 2009 decreased 9.4% to $74.4 million from $82.1 million in the prior year four week period ended Feb. 2, 2008. Comparable store sales for the month decreased 13.1% versus an incre
Fairway and Greene Inks PGA Deal
The Wyndham Championship has signed a new three-year deal with Fairway & Greene, which will produce official apparel for the PGA Tour event. As the official provider, Connecticut-based Fairway & Greene will produce all apparel for tournament officials, st
