SGB Update Apparel
TJX Comps Slip 1.0%
The TJX Companies, Inc. April sales were $1.28 billion, up 2% over the $1.26 billion achieved during the four-week period ended May 6, 2006. For the thirteen weeks ended May 5, 2007, sales reached $4.2 billion, a 7% increase over last year's $3.9 bil
Stage Stores Comps Fall 14.8% in April
Stage Stores, Inc. total sales for the four-week April period beginning April 8, 2007 and ending May 5, 2007 decreased 13.8% to $102.6 million from $119.0 million in the prior year four-week period beginning April 2, 2006 and ending April 29, 2006. Compar
Centerstone Adds Ogio to iVendix Client List
CenterStone Technologies, Inc. reported that Ogio, of Bluffdale, Utah, is the newest client to select the company’s iVendix software application. iVendix will provide Ogio with a business-to-business (B2B) online ordering solution for more than 2,000 of t
Neiman Marcus April Comps Inch Up 1.0%
Neiman Marcus, Inc. saw net revenues increase 3.0% for the month of April to $346 million from $335 million during last year's month. Comparable store revenues totaled $339 million, increasing 1.0% from $335 million last year. For the company's
Golf Town Q1 Comps Decline Drives Widened Loss
In the first quarter of fiscal 2007, Canadian golf specialty retailer, Golf Town, saw sales grow 6.3% to CA$31.9 million ($27.3 mm) from CA$30.0 million ($26.0 mm) last year. The growth in sales was attributable to the addition of four new stores in the s
SIA: Apparel and Internet Sales Keep Industry Moving Forward…
While the snow finally started falling in February, it was clearly not enough for snow sports retailers to clear out their hardgoods inventories. Even with aggressive discounts and promotions, inventory levels at specialty retailers are up considerably, a
Garmin Sees Q1 Sales Slide in Outdoor/Fitness Segment…
Garmin Ltd. recorded Q1 revenues jumped 53% to $492 million as a 110% gain in its Automotive/Mobile segment offset lower sales in its Outdoor/Fitness and Marine segments…
Yakima Opens West Coast D.C….
Yakima has opened a distribution center in Riverside, Calif., that will decrease delivery time by 50% for western customers. Retailers can expect a one to two day transit time instead of the previous distribution schedule of four to five days. Yakima will
Norcross Acquires NEOS
Norcross Safety Products (NSP), parent company of North Safety Products, has acquired New England Overshoe (NEOS), a leading overshoe manufacturer for industrial and consumer markets. New England Overshoe makes NEOS brand overshoes, rugged all-terrain and
Unifi Director Resigns from Post
Unifi, Inc. reported in a filing with the SEC that William A. Priddy, Jr. resigned as a member of the Board of Directors…
NYC Sued Over Metal-Bat Ban
Baseball bat manufacturers and school baseball sponsors teamed up Monday to ask a judge to toss out a law banning metal bats in the city's high school games as unconstitutional. The lawsuit was filed by USA Baseball and The National High School Base
Lululemon Tests Public Markets in U.S., Canada…
Lululemon Corp., the Canada-based designer and retailer of yoga-inspired apparel, has filed a registration statement with the SEC, and a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada,
Gildan Claims Market Share Gains in Fiscal Q2…
Gildan Activewear Inc. reported a 26.3% jump in second quarter net sales to $232.1 million from $183.8 million in the second quarter of last year, but restructuring charges caused net income to fall. The increase in sales revenues was due to $32.8 million
Callaway Golf Working to Keep Up with Fusion Demand…
Though it is still early in the year, especially for the golf industry, Callaway Golf Company saw strong enough results and consumer demand to raise guidance for the rest of the year. The company saw sales gains come from all regions and from all product
Iconix Acquisitions More Than Double Q1 Licensing Revenue…
Iconix Brand Group, Inc. saw Q1 licensing revenues more than double to $30.8 million from $13.3 million. EBITDA for the quarter increased to $23.3 million from $8.4 million; net income increased to $12.7 million, or 21 cents a share, from $7.4 million, or
