SGB Update Apparel

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

Skechers Warns of Fourth Quarter Loss as Margins Contract

Skechers USA, Inc. said its fourth quarter 2008 results are expected to be significantly below the range of its previous outlook. For the fourth quarter of 2008, the company now expects net sales to be in the range of $290 million to $300 million and a ne

RECALL: Mavic Bikes

About 12,000 bicycles with R-SYS front wheel rims, made in France and imported by Mavic USA, of Haverhill, Mass. were recalled because the spokes on the front wheel rim can break during use, posing a fall and crash hazard to riders. The company has receiv

Sport Chalet Reviews Strategic Alternatives

Sport Chalet, Inc. said it was evaluating strategic alternatives, including raising additional capital and amending or replacing its current credit facility. This includes retaining Wedbush Morgan Securities as its financial adviser…

Adventure Medical Kits Names Pacific Northwest Reps

Adventure Medical Kits, the developer of safety and survival gear for outdoor enthusiasts, announced that it has tapped Seattle, Washington-based Alta Group Inc. to represent its lines in Oregon and Washington state…

When Trade Shows Feel More Like Job Fairs

Not unlike other trade shows this last month, the PGA Merchandise Show last week continued the mood as the usually festive atmosphere worked to fight its way to the surface. Thursday seemed slow and quiet, though weather and flight delays may have played

Hartmarx Files for Chapter 11

Hartmarx Corp., which makes the Jack Nicklaus, Bobby Jones and Lyle & Scott golf apparel collections, filed for Chapter 11 protection in an Illinois federal bankruptcy court, citing a “substantial decline” in sales to consumers and retailers as well as li