SGB Update

Warnaco Reports Q1 Sales Up 13%

The Warnaco Group, INc. reported net revenues increased 13% to $662.2 million for the quarter ended April 2, 2011, compared to the prior year period, with all three segments (Sportswear, Intimates and Swimwear) reporting double digit growth…

Target Says 13.1 Percent April Comps Disappoint

Target Corporation reported that its net retail sales reached $4.87 billion in April, an increase of 13.7 percent from the same period a year ago. Comparable-store sales came it at 13.1 percent, but still disappointed executives, who say spending by the d

Steven Madden Q1 Profit Rises

Steve Madden reported first-quarter net sales increased 25.9 percent to $165.8 million. Retail comparable store sales increased 12.0 percent in the period. Net income increased 16.0 percent to $17.9 million, or 63 cents per share, compared to $15.4 millio

Stein Mart Comps Rise 4.2 Despite Adverse April Weather

Stein Mart, Inc. reported comparable store sales for the four-week period ended April 30, 2011 increased 4.2 percent. The retailer said that while pleased with the positive comps, adverse weather in the midwestern and northern states curbed sales of ladie

Primus/Jetboil Infringement Lawsuit Dismissed

The United States District Court for the District of Delaware has dismissed with prejudice the case of Jetboil, Inc. v. Fenix Outdoor AB et al, Primus announced. This lawsuit was brought by Jetboil to halt marketing and sales efforts of the Primus EtaSolo

Dillard’s Comps Climb 11 Percent

Dillard's, Inc. announced sales rose 10.3 percent during April, to $448.4 million from $406.3 million. Sales in comparable stores increased 11 percent…

Globalstar Sales Up 17.3 Percent in Q1, Losses Plummet

Globalstar, whose satelitte-based messaging systems and modems are popular with outdoor explorers, reported losses dropped sharply in the quarter ended March 31 on a 17.3 percent increase in revenue to $18.3 million. The company lost $2.5 million on an Ad

Under Armour Launches Power In Pink Campaign

Under Armour, Inc. kicks-off its ninth annual “Power in Pink” program to celebrate the many women who use fitness and exercise in the fight against breast cancer…

Outdoor Brands to Gather Friday to Restore Berkeley, CA Park

On Friday, May 6th, The Conservation Alliance and employees from The North Face, CamelBak, REI, Mountain Hardwear, Clif Bar, Jansport, and Ahnu Footwear will partner with the California Wilderness Coalition and the East Bay Regional Park District to host

Kenneth Cole Posts Steep Q1 Loss on Store Closing Charges

Kenneth Cole Productions, Inc. reported a net loss of $17.2 million, or 94 cents a share, in the first quarter. The company noted that included in its results were $16.0 million in one-time charges, related primarily to lease termination payments and seve

Zumiez April Comps Jump 17.5 Percent

Zumiez Inc. announced that sales for the four-week period ended April 30, 2011 increased 24.8 percent to $32.0 million, compared to $25.7 million for the four-week period ended May 1, 2010. Comparable store sales increased 17.5 percent for the four-week p

Edwin Watts Golf Expands Think Golf It’s Friday Tour

Edwin Watts Golf said its Think Golf It's Friday consumer retail tour, which debuted in early February, has been expanded to more than 30 store locations. Many stops on the 2011 TGIF TOUR have evolved from a series of two-day events designed to promo