SGB Update Outdoor

Lafuma Takes Control of Oxbow…

Lafuma has completed its initial acquisition of Oxbow from the majority shareholder, Teahupoo, gaining 63.7% ownership of the company. Lafuma will now submit a draft standing offer at a price of €10.75 per OXBOW share cum-dividend and as a result OXBOW’s

Lapierre and Accell Land on U.S. Soil…

Lapierre Cycles, a member of Accell Group, opened a branch office in North America, and plans on distributing a complete line of road and mountain bikes starting in October 2005 at Interbike. After an investigative trip to the States in April for the Sea

Exel Sustains Nordic Walking Funding…

Exel’s efforts at expanding the Nordic Walking market internationally have not yet shown an any dividends, but the company stated that it will continue to invest in this emerging market in both North America and China. The Finnish company’s Q1 interim rep

The Great Malls of China…

The International Herald Tribune is reporting that the retail environment in China is not growing steadily, but rather it is growing in leaps and bounds with new “mega-malls” opening at a rapid rate. Apparently, by the year 2010 seven of the world’s ten l

Vaude Signs Agreement With Distributor Liberty Mountain

Liberty Mountain, one of the largest distributors of outdoor products in the U.S. has signed an agreement for exclusive distribution of the VAUDE line of technical outdoor products in the United States. Starting in 2006, Liberty Mountain will offer VAUDE&

The Buckle’s May Comps Climb 8.6%

The Buckle announced that sales for the four-week period ended May 28, 2005 increased 12.7% to $30.8 million from sales of $27.3 million in the corresponding four-week period ended May 29, 2004. Comparable store sales, for stores open at least one year, f

May Comps Up 5% at Costco

Costco Wholesale Corporation reported net sales of $4.11 billion for the four weeks ended May 29, 2005, an increase of 8% from $3.80 billion in the same four-week period of the prior fiscal year. May Comparable Store sales increased 5%…

Stage Stores May Comps Increase 7.0%

Stage Stores, Inc. reported that total sales for the four-week period ended May 28, 2005 increased 10.4% to $100.0 million from $90.6 million in the prior year four-week period ended May 29, 2004. Comparable store sales increased 7.0% versus an increase

Pacific Sunwear Ekes Out 0.4% Comp Sales Gain in May

Pacific Sunwear of California, Inc. reported that total sales for the four weeks of fiscal May ending May 28, 2005 were $80.7 million, an increase of 11.3% over total sales of $72.5 million during the same period last year. Total Company same-store sales

Nordstrom May Same-Store Sales Up 7.4%

Nordstrom, Inc. reported preliminary sales of $545.5 million for the four-week period ending May 28, 2005, an increase of 9.3% compared to sales of $499.1 million for the four-week period ending May 29, 2004. Same-store sales increased 7.4%…

Stein Mart May Comps Inch Up 0.4%

Stein Mart sales during the month of May increased 2.6% to $117.9 million compared to $114.8 million. Comparable store sales for the same period increased 0.4%…

JC Penney May Comps Increase 3.5%

J. C. Penney Company, Inc. comparable department store sales increased 3.5% for the four weeks ended May 28, 2005. Sales reflected a continuation of recent trends and an improvement over previous guidance. Direct (catalog/Internet) sales increased 7.8%,

The Bon-Ton May Comps Fall 6.1%

The Bon-Ton Stores total sales for the four weeks ended May 28, 2005 decreased 6.5% to $89.0 million compared to $95.1 million for the same period last year. Comparable store sales decreased 6.1%…

DSW Comp Sales Inch Up 0.2% for May

Total sales for Retail Ventures, Inc. for the four weeks ended May 28, 2005, increased 3.7% to $228.7 million from $220.5 million for the four weeks ended May 29, 2004. The company's same store sales decreased 3.2% for the four week period. DSW May s

Dillards May Comps Increase 1%

Dillard's sales for the four weeks ended May 28, 2005 were $519.0 million compared to sales for the four weeks ended May 29, 2004 of $511.4 million. Sales increased 1% for the four-week period on both a total and comparable store basis.