SGB Update Apparel
SRAM Acquires Zipp
SRAM Corporation completed its acquisition of Compositetech Inc., which makes products under the Zipp name. The Zipp management team will remain intact and continue to report to Andy Ording, president of Zipp…
Birkenstock USA Sold to Birkenstock Family
Birkenstock Distribution USA, the employee-owned importer and distributor of Birkenstock footwear in the U.S., has been sold to members of the family that has produced the line since 1774. Birkenstock USA had been 100 percent owned by employees since Octo
Lou Spagna Takes Over as Man Alive President
The Finish Line appointed Lou Spagna as president of Man Alive. Mr. Spagna will report to Glenn Lyon, President of The Finish Line. Mr. Spagna brings over thirty years of experience in the apparel retail industry and a proven track record of leading retai
Johnson Outdoors Marine Acquires Geonav
Johnson Outdoors reached agreement to acquire Geonav, a leading marine electronics brand in Europe. The Geonav chartplotter and marine accessories brand and assets were acquired in a stock purchase from Nanionics of Viareggio, Italy…
SpringBoost Expands Sales Team
SpringBoost hired 12 new sales reps who will report to Kim Walsh, recently promoted from Regional Manager to the newly created position of manager of U.S. Sales. She reports to Donald W. Johnson, newly appointed vice president of sales…
Surfboards Load for Free on Virgin Atlantic
Virgin Atlantic announced that its passengers are allowed to take an item of sports equipment on their flights free of charge. The news followed a recent ban by British Airways (BA) on surfboards and similar items…
Birkenstock USA Sold to Birkenstock Family
Birkenstock Distribution USA, the employee-owned importer and distributor of Birkenstock footwear in the U.S., has been sold to members of the family that has produced the line since 1774. Birkenstock USA had been 100 percent owned by employees since Octo
Stein Mart October Comps Slide 3.8%
Stein Mart, Inc. reported that net sales for fiscal October increased 1.4% to $113.7 million from $112.1 million in the year-ago month. Comparable store sales, however, declined 3.8% for the period…
Shoe Carnival Expects Sharp EPS Decline on Weak Q3 Comps
Shoe Carnival, Inc. reported that sales for the thirteen-week period ended November 3 decreased 8.0% to $173.9 million, compared to sales of $189.1 million for the thirteen-week period ended October 28, 2006. Comparable store sales declined 5.0% for the
Dillard’s Comps Tumble 7%
Dilard's Inc. reported October comparable store sales declined 7%. Total sales fell 6% to $444.7 million from $473.4 million…
Costco Comps Increase 9% in October
Costco Wholesale Corporation net sales were $5.21 billion for the month of October, an increase of 13% from $4.63 billion in the same four-week period last year. Comps for the quarter increased 9% for the total company…
BJ’s Wholesale October Comps Climb 4.8%
BJ’s Wholesale Club, Inc. sales for October 2007 increased by 9.2% to $663.8 million from $607.9 million in October 2006. Comparable club sales increased by 4.8% for the month, including a contribution from gasoline sales of 1.7% and a negative impact fro
Hanesbrands Names President, CCO
Hanesbrands Inc. has appointed William J. Nictakis to the newly created position of president, chief commercial officer. Nictakis, 47, will lead Hanesbrands’ domestic and international commercial businesses and support functions to drive sales growth and
Wal-Mart October Comps Inch Up 0.4%
Wal-Mart Stores Inc, said its October U.S. same-store sales climbed 0.4 percent. Wal-Mart Stores results were flat, while Sam's Club same-store sales increased 2.7 percent…
Kohl’s Will Pursue LEED Certification in 80 Stores
Kohl’s Department Stores will pursue LEED (Leadership in Energy and Environmental Design) certification for more than 80 locations. The certifications are being pursued through the US Green Building Council Portfolio Program and will appear in 28 states n
