Chinese Raids Yield 25,000 Counterfieted Golf Products
The U.S. Golf Manufacturers Anti-Counterfeiting Working Group announced today the completion of multiple strategic raids on China-based counterfeiting operations, where the group worked with local law enforcement officials to seize over 25,000 counterfeit
Hanesbrands Income Surges 48 Percent
HanesBrands, the parent of Champion, Gear for Sports and Hanes, reported third-quarter earnings growth of 44 percent on record margins and a 5 percent sales increase…
Adidas Group to Acquire Five Ten for $25 Million
The Adidas Group has signed a share purchase agreement to acquire Five Ten, a leading performance brand in outdoor action sports. The Adidas Group intends to purchase the entire Five Ten business, which includes all of the issued share capital of Five Ten
Buckle’s October Comps Climb 8.7 Percent
The Buckle, Inc. announced that comparable store net sales, for stores open at least one year, increased 8.7 percent in October. Net sales for the four-week fiscal month ended Oct. 29 increased 12.1 percent to $79.7 million from net sales of $71.1 million
Stage Stores October Comps Inch Up 0.8 Percent
Stage Stores, Inc. reported sales for October rose 1.9 percent to $102 million from $100 million in the prior year four week period. Comparable store sales increased 0.8 percent…
K-Swiss Narrows Q3 Loss on Strong Sales Growth; U.S. Backlog Falls
K-Swiss Inc. reported that the net loss for the third quarter was $15.4 million, or 43 cents per diluted share, compared with a net loss of $28.3 million, or 80 cents per diluted share, for the prior-year period. Total worldwide revenues increased 30.8 pe
Primaloft Sales Rise 15.5 Percent in Third Quarter
PrimaLoft's revenues grew 15.5 percent in the third quarter ended Sept. 30 to $6.48 million, its parent company Albany International Corp. reported…
Costco Boasts 10 Percent Comp Gain in October
Costco Wholesale Corporation reported sales of $7.01 billion for the month of October, an increase of 11 percent from $6.30 billion during the similar four-week period last year. Comparable-stores sales grew 10.0 percent…
JC Penney Announces Stock Awards for New Execs
In accordance with New York Stock Exchange rules regarding equity inducement awards, J. C. Penney company, Inc. announced that it is granting previously disclosed equity awards to Ron Johnson, its newly appointed chief executive officer, and Michael R. Fr
Sturm, Ruger Sees Sales and Earnings Surge in Third Quarter
Sturm, Ruger & Company, Inc. reported net sales of $80.5 million and earnings of 57¢ per share for the third quarter, compared with net sales of $58.4 million and earnings of 32¢ per share in 2010…
Target Comps Rise 4.3 Percent in October
Target Corporation reported that its net retail sales for the four weeks ended Oct. 29 were $4.84 billion, an increase of 4.3 percent from $4.64 billion for the four weeks ended Oct. 30, 2010. On this same basis, comparable-store sales increased 3.3 perce
Bon-Ton’s October Comps Stumble
The Bon-Ton Stores, Inc. announced comparable store sales for the four weeks ended Oct. 29, decreased 10.2 percent. Total sales decreased 10.4% to $192.0 million for the four weeks compared with $214.2 million for the prior year period…
Macy’s Comps Growth Slows to 2.2 Percent in October
Macy’s, Inc. reported total sales of $1.84 billion for the four weeks ended Oct. 29, an increase of 2.0 percent compared with total sales of $1.81 billion in the four weeks ended Oct. 30, 2010. On a same-store basis, Macy’s, Inc. sales were up
Cannondale Powers Q3 Growth at Dorel’s Recreation/Leisure Segment
Dorel Industries, Inc. reported revenue increased 21.6 percent at its Recreational/Leisure segment, in the third quarter ended Sept. 30 as Cannondale sales to the independent bicycle dealer (IBD) channel continued to drive growth. Earnings were hampered b
Kohl’s Same-Store Sales Rise 3.9 Percent in October
Kohl's Corporation reported that for the four-week month ended Oct. 29 total sales increased 5.6 percent and comparable store sales increased 3.9 percent over the year-ago month…
