SGB Update Apparel
Co-Founder Sullivan Named Cloudveil President
Cloudveil named Co-Founder Stephen Sullivan president of the company following the resignation of Co-Founder and President Brian Cousins. Cousins leaves Cloudveil after helping to complete its integration with parent company Spyder Active Sports to pursue
Eddie Bauer, The Walking Company to Carry Ahnu
Ahnu Footwear has formed two new retail partnerships that will send the brand past the 800-retailer milestone in spring 2009. Both The Walking Company and Eddie Bauer will begin carrying Ahnu…
SRAM Cycling Fund Makes First Donation
The SRAM Cycling Fund has made a $200,000 contribution to the Safe Routes to School National Partnership. This is the first award made by SRAM's Cycling Fund that was created on Sept. 30, 2008. During the next five years, the Fund plans to award $10
Marc Ecko Looking to Buy MMA Properties
According to iguillotine.com, Marc Ecko Enterprises is the leading bidder for ProElite, Inc., which produces MMA shows and owns the EliteXC MMA brand. The article claims MEE hopes to inherit ProElite’s television contracts with both CBS and Showtime…
Nau Donates 10% of Sales to Partners for Change
Nau, a subsidiary of Horny Toad, plans to donate 10% of every sale made through its website, nau.com, to its non-profit Partners For Change. Called “Gifts Of Change,” this initiative aims to raise both awareness of and funds for the work being done by the
Gander Mountain Swings to Third Quarter Profit
Gander Mountain Company reported sales of $269.9 million for the quarter ended Nov. 1, 2008, an increase of 4% over the prior year period. Comparable store sales decreased 6.5%. Net income for the third quarter was $770,000, or 3 cents per share, compared
Burton Relocates Brands to Vermont
Burton has begun transitioning The Program, which includes snowboard brands Forum, Special Blend and Foursquare, from its Irvine, CA offices to Burton’s Vermont headquarters. The company said the transition will be complete by early February and will allo
Precor Building Plant in North Carolina
Precor Inc. will invest $26.2 million to build a manufacturing facility in Greensboro, NC that will create 142 jobs during the next three years…
Stage Stores November Comps Beat Guidance
Stage Stores, Inc. reported that its total sales for the four week November period ended Nov. 29, 2008 decreased 4.8% due in part to the timing of the Thanksgiving weekend. Comparable store sales decreased 8.0% versus an increase of 3.6% last year…
Bon-Ton Stores November Sales Fall 16%
The Bon-Ton Stores, Inc. comparable store sales for the four weeks ended Nov. 29, 2008 decreased 16.0% compared with the prior year period. Total sales for the four weeks decreased 15.5% to $332.3 million compared with $393.1 million for the prior year pe
Costco’s U.S. Comps Down 2% in November, Up 3% in Q4
Costco Wholesale Corporation reported net sales of $5.55 billion for the four weeks ended Nov. 30, 2008, a decrease of 3% from $5.72 billion in the same four-week period last year. When excluding the effects of lower gas prices and a stronger dollar, U.S.
First Shoebox Opened in Asia
NexCen Brands, Inc. opened its first international Shoebox New York store in Hanoi, Vietnam. The store held its grand opening on November 28th with a traditional ribbon cutting ceremony. In the first three days following the opening, Shoebox New York sold
Wal-Mart U.S. Sales Rise 6.5% in November
Sales rose 6.5% and 1.4% at U.S. Wal-Mart and Sam’s Club stores for the four weeks ended Nov. 28, 2008, on comp store gains (excluding fuel) of 3.4% and 3.5% respectively. However, a stronger dollar caused the discounter’s international sales to decline 1
Dillard’s Sees Comps, Total Sales Fall in November
Dillard’s, Inc. merchandise sales for the four weeks ended Nov. 29, 2008 were $505.8 million compared to sales for the four weeks ended Dec. 1, 2007 of $559.2. Total sales decreased 10%. Sales in comparable stores decreased 9% for the four-week period. Sa
Nordstrom’s November Sales off 12.1%
Nordstrom Inc. estimates its sales for the four-week period ended Nov. 29 fell 12.1% on a 15.9% decline in comps, due in part to the timing of the Thanksgiving weekend. Preliminary figures indicate year-to-date sales are down 6.2% on an 8.6% comp decline.
