SGB Update Footwear

Kohl’s Ups Q4 Guidance on 6.5% Comps Growth in January

Kohl’s Corporation reported today that total sales for the four-week month ended Jan. 30, 2010 increased 10.7% from the four-week month ended Jan. 31, 2009. On a comparable store basis, sales increased 6.5%. The strong performance prompted the depat

TJX’s January Comps Jump 12%, Raises Guidance

The TJX Companies, Inc. reported sales for the four-week period ended Jan. 30, 2010 climbed 20% to $1.3 billion from $1.0 billion a year ago. Consolidated comparable store sales increased 12% versus a 4% decrease in the same period last year…

Point6 Appoints Bill Post as President

Point6, the manufacturer of wool socks, plans to appoint Bill Post as its new president, effective March 1, 2010. Post most recently served as president and CEO of Nordica Apparel, and also served as president for Sport Obermeyer in Colorado…

Bakers Footwear Comps Inch Up 0.8%

Bakers Footwear Group, Inc. said net sales in January were unchanged at $11.9 million compared to the same period last year. Comparable store sales increased 0.8%, compared to an increase of 4.2% for the four-week period ended January 31, 2009…

Unifi Returns to Profitability

Unifi Inc. earned $2.0 million, or 3 cents a share, in the second fiscal quarter ended Dec. 27, 2009, rebounding from a net loss of $9.1 million or 15 cents, for the prior year quarter. Net sales for the quarter increased $16.5 million or 13.1% to $142.3

Timberland’s Q4 Earnings Soar Despite Flat Sales

The Timberland Company reported fourth-quarter earnings vaulted 69.4% to $22.3 million, or 40 cents a share, from $13.1 million, or 23 cents, a year ago. Revenue eased 0.7% to $387.8 million from $390.6 million a year ago and were down 3.9% on a constant

Macy’s January Comps Climb 3.4%

Macy's Inc. reported January same-store sales rose 3.4%. Total sales also rose 3.4%, to $1.26 billion. Macy's also said it's raising its fourth-quarter earnings target to $1.35 to $1.37 a share, excluding restructuring-related costs. The co

Bon-Ton’s January Comps Climb 5.3%

The Bon-Ton Stores, Inc. reported comparable store sales increased 5.3% for the four weeks ended Jan. 30, 2010. Total sales for the four weeks increased 4.7% to $180.1 million compared with $172.0 million for the prior year period…

TAG Sold to Lansing Sports’ Philip Rosati

Team Athletic Goods (TAG), the buying group, has been sold to Philip Rosati Sr. of Lansing Sports Shop in Lansing, IL. Rosati, whose family has run the team dealer and retail store in since 1954, will become TAG's CEO…

Marker Völkl Group Sales Looking Up in 2010

The Marker Völkl Group is on track to increases sales in key markets this winter season, according to a statement released by the company in Europe this week between trade shows…

Stamina Products Announces Sustainability Results for 2009

Stamina Products, Inc. said during its first year of implementing eco-friendly practices in its office and warehouse facility, it reduced paper use by about 66%, water usage by 4%, and used around 10% fewer electric kilowatt hours…

OIA Lauds Obama’s 2011 Budget

Outdoor Industry Association (OIA) thanked President Obama for his continued focus on recreation and conservation funding and key youth initiatives; and a new commitment to helping U.S. companies sell their goods in markets overseas…

Arena Swim to Sponsor Auburn University

Arena Swim USA will become the official equipment supplier to the university's men's and women's swim teams. The four-year deal marks Arena's entry into American university sports…