SGB Update Outdoor
Target Rides 9% Comps Gain to 16% Sales Jump
Target Corporation reported that net retail sales from continuing operations for the five weeks ended July 2, 2005 increased 16.0% to $4.575 billion from $3.943 billion for the five-week period ended July 3, 2004. Comparable-store sales increased 9.0% fro
BJ’s Wholesale Comps Climb 4.3% in June
BJ's Wholesale Club sales for June 2005 increased by 8.9% to $796.1 million from $730.9 million in June 2004. On a comparable club basis, sales increased by 4.3% in June, including a negative impact from sales of gasoline of approximately 30 basis po
May Stores Sees June Sales Jump 20.6%; Comps Inch Up 0.6%
The May Department Stores Company reported preliminary net sales of $1.40 billion for the five-week period ended July 2, 2005, a 20.6% increase from $1.16 billion in last year's period. Copmarable store sales increased 0.6%.
Net sales for the first f
Neiman Marcus June Comps Increase 9.2%
The Neiman Marcus Group June sales increased 8.2% to 351 million. Comparable store sales in June increased 9.2% on top of a 13% increase last year…
Luxotica Acquires Optical Chain in China
Luxottica Group will acquire Xueliang Optical, the leading premium optical chain in Beijing, China. Luxottica Group will acquire 100 percent of the equity interest in Beijing Xueliang Optical Technology Co. Ltd. for a purchase price of RMB 169 million (ap
Huffy Reports $16.4 million in May Sales
Huffy Corporation reported results for the month ended June 4 in a form 8-K filed with the Securities and Exchange Commission. Sales for the month were $16.4 million or $125.8 million since filing for bankruptcy protection in October. Gross margin for th
Rolf Prima Recalls Vigor and Elan Rear Wheels
Rolf Prima is recalling 2003 Rolf Prima Vigor and Elan rear wheels because the freehub mechanism can malfunction causing no resistance when pedaling. Although no injuries have been reported, this could cause riders to lose balance and fall. These 2003 Rol
Sierra Trading Post Ads New Catalog
Sierra Trading Post added a new catalog, Hot Deals, to their existing family of titles. The Hot Deals catalog, like all Sierra Trading Post's titles, offers savings of up to 70% on a wide variety of famous name brand casual and career clothing, footw
Palmer Snowboards Moves to Denver
Palmer USA relocated their offices to Denver, Colorado. The new office was said to have “epic views of the mountains and is the perfect location for customer service, domestic and international operations and a new dealer showroom.” The new offices will h
Le Coq Sportif NA to Re-Enter Tennis Market
Le Coq Sportif North America announced plans to re-enter the Tennis Market in spring 2006. Le Coq Sportif North America will design, market, and sell a complete full range of tennis apparel and footwear products for men and women, professional and amateur
Quik Acquires Canadian DC Shoes Distributor
Quiksilver, Inc. announced it has purchased the Canadian distributor of DC Shoes for approximately $7.0 million in cash. Under terms of the agreement, Quiksilver will acquire Centre Skateboard Distribution, Ltd., which holds the rights to distribute DC Sh
Columbia Inks Women’s Belts License
Columbia Sportswear Company has signed a license agreement with Another Line, Inc. for the design, manufacturing, and marketing of a new line of outdoor, active women's belts. The new product line features a wide variety of belts that includes leathe
Callaway Sees Stronger Q2 Sales; Will Miss Street EPS Estimates
Callaway Golf Company is estimating that, based on current information, net sales for the second quarter ended June 30, 2005 will be approximately $323 million, with corresponding earnings per diluted share ranging from 25 cents to 27 cents per share. ELY
Goehrig Named President of Franklin Resource Group
Marty Lillis, founder of Franklin Resource Group, has announced that board member and industry veteran, H. Peter Goehrig is assuming the position of president of the company. Goehrig and Lillis have worked together in various capacities for over a decade
Mammut Names New Brand Manager
The Mammut Sports Group AG has a new Brand Manager for its mountain sports brand, Mammut. Jürgen Schütte started working at the head office in Switzerland on the 1st of July. Mr Schütte comes from the K2 Sports Europe Group where he worked for 13 years in
