SGB Update

BJ’s Comps Up Slightly for December

BJ's Wholesale Club, Inc. reported total sales for December 2008 increased by 3.2% to $1.06 billion from $1.03 billion in December 2007. On a comparable club basis, sales increased by 1.6% for the month of December, including a negative impact from s

Neiman Marcus Comps Drop 27.% in December

Neiman Marcus, Inc. saw net sales for fiscal December declined 26.4% to $532 million from $723 million for the year-ago month. Comparable store revenues dropped 27.5% to $524 million from $723 million last year…

PacSun December Comps Drop 9%

Pacific Sunwear of California, Inc. saw sales for the five weeks of fiscal December ended Jan. 3, 2009 of $196.0 million, a decrease of nine percent from total PacSun sales of $214.4 million during the same period last year. PacSun same-store sales decrea

Wolverine to Acquire Cushe Footwear Brand

Wolverine World Wide, Inc. announced the acquisition of the Cushe (pronounced “cushy”) footwear brand, a move the company says will drive new global opportunities and leverage the strength of Wolverine's proven business model and operating infrastruc

The Buckle Continues Comps Run with 13.5% December Gain

The Buckle, Inc. reported a 13.5% jump in comparable store sales for fiscal December. Net sales for the five-week fiscal month ended January 3, 2009 increased 20.8% to $131.2 million from $108.5 million for the year-ago period…

Gottschalks December Comps Slide 9.6%

Gottschalks Inc. same store sales for the month of December decreased 9.6% from the prior year. Total sales for the four-week period decreased 11.5% to $99.8 million compared to $112.8 million in the same period of fiscal 2007…

Shimano American Acquires Fishing Line Manufacturer

Shimano American Corporation has completed its agreement to acquire Innovative Textiles, Inc., the company best known as the makers of PowerPro braided fishing line, announces Dave Pfeiffer, Shimano American president…

SIA: Economy Won’t Keep Skiers/Boarders Off Slopes

SnowSports Industries America (SIA) recently released information from their SnowSports Consumer Panel. According to the study, skiers and riders are concerned about the economy, but they plan to participate as they always do, particularly if the snow con

Rottefella Hires Sales Manager for North America

After announcing a new distribution strategy in North America several weeks ago, Rottefella AS hired Salt Lake City-based industry veteran Scott Duer as sales manager for North America. Duer will act as a face for the Norway-based brand in the U.S. and Ca

NSSF: Gun Sales Skyrocket Despite Weak Economy

Despite a weak economy, gun sales are continuing to increase amid concerns that incoming lawmakers will institute a new gun ban on law-abiding Americans, according to a report by the National Shooting Sports Foundation…

Zumiez December Comp Sales Drop 12.3%

Zumiez Inc. said its comparable store sales decreased 12.3% for the five-week period ended Jan. 3, 2009, versus a comparable store sales increase of 3.9% in the year ago period ended Jan. 5, 2008. Total net sales for the five-week period ended Jan. 3, 200

Strong Exits SGMA for NBAA

Chris Strong, the director of business operations for the Sporting Goods Manufacturers Association (SGMA), has joined The National Business Aviation Association (NBAA) as its new vice president, membership marketing, effective January 5…

Jarden Q4 to Exceed Internal Forecasts

Jarden Corp, which owns Coleman and K2, said it expects fourth-quarter revenue to be slightly above its prior outlook of $1.3 billion. It also said it finished 2008 with more than $360 million of cash on the balance sheet…

CW-X Sponsors U.S. Telemark Ski Association

CW-X Conditioning Wear, a division of The Wacoal Sports Science Corporation, will become the “Official Baselayer Supplier” of the U.S. Telemark Ski Association. The agreement will put members of the U.S. National Telemark Ski Team in CW-X Tights and Tops