SGB Update Apparel
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
Ross October Comps Slip 1%
Ross Stores, Inc. sales were $470 million for the month of October, 2007, a 6% increase over the $444 million in sales for the four weeks ended November 4, 2006. Same store sales for the four weeks ended November 3, 2007 declined 1% from the four weeks en
Same-store Jump 8.5% at Neiman Marcus
Same-store sales at Neiman Marcus rose 8.5% in October. Total sales advanced 10.9% to $383 million from $345 million…
Kohl’s October Comps Fall 3.8%
Kohl’s Corporation sales for the month of October, 2007 increased 1.6% over 2006. On a comparable store basis, sales decreased 3.8%. Based on October’s results, the Company expects its third quarter earnings to be 59 cents to 60 cents per diluted share…
DSW Third Quarter Comps Slip 3.0%
DSW Inc. reported net sales for the thirteen-week quarter ended November 3 increased 11% to $367.4 million compared with $332.2 million for the year-ago period ended October 28, 2006. Same-store sales decreased 3.0% for the comparable thirteen-week perio
Rocawear Signs First Fragrance License
Rocawear, which was acquired by Iconix Brand Group in March 2007, has signed its first license agreement for fragrance with Elizabeth Arden, Inc. A debut fragrance is planned to launch in the fall of 2008. Financial terms were not disclosed…
Broder Bros. New Distribution Center Up and Running
Broder Bros., Co., continued its distribution center expansion program by opening a new 415,000 square foot facility in Lewisberry, PA., less than 10 miles from Harrisburg…
Poulos Joins Prince as Global Category Director for Footwear
Prince Sports, Inc. has hired former Nike and Adidas executive George Poulos as the company’s new Global Category Director in charge of footwear. In his new role, Poulos will be responsible for refining and managing Prince’s implementation of the company’
UA’s Kevin Plank Sells Stock
Under Armour, Inc. announced that Kevin Plank, chairman and CEO of Under Armour, filed a Form 4 with the SEC to report the sale of 1.5 million shares of stock, or about 10% of his holdings. The filing that on November 1, Plank and his family foundation an
New Balance Donates $3 Million to New England Aquarium
The New England Aquarium has received a $3 million gift from the New Balance Foundation to help build the New Balance Foundation Marine Mammal Center and to develop innovative programs using seals and sea lions to promote childhood fitness…
Iconix Eyes Wal-Mart Expansion; Licensing Revenues More Than Double in Q3…
Iconix Brand Group officials said they've been working closely with a new team of merchants at Wal-Mart to expand the Danskin Now business, and are pleased with the progress…
Nautilus, Inc. Adopts Shareholder Rights Plan
Nautilus Inc. said its board adopted a shareholder rights plan, a provision that would make hostile takeovers difficult. An acquisition of 20% or more of its outstanding shares without the board's approval would trigger the rights plan…
Crocs, Inc. Shares Plunge Despite Strong Quarter…
Crocs, Inc. saw yet another quarter of triple-digit sales and earnings growth, but the company’s stock price fell more than 31% for the week following their earnings release, due primarily to lower-than-expected guidance for 2008…
