SGB Update

GBMI Appoints Rate as Sourcing Chief

Global Brand Marketing, Inc. has promoted Andrew Rate to Senior Vice President of Global Sourcing and Manufacturing. In his new position, Rate will oversee all aspects of sourcing, production, and quality control of footwear, apparel, and accessories in C

FSI Appoints Colbert as Regional Sales VP

Footwear Specialties, Int'l, parent company of Nautilus Safety Footwear, SkidBuster Shoes, and Third Watch Footwear, has hired industry veteran Don Colbert as its Regional V.P. of Sales – Northeast Division. He will be responsible for the Mid-Atlanti

Kmart Names Paul Guyardo Chief Marketing Officer

Kmart Holding Corporation has announced that Paul Guyardo has joined the Company as Senior Vice President, Chief Marketing Officer, reporting to Julian C. Day, President and Chief Executive Officer. He will be responsible for Marketing, Advertising, Promo

Big Dog Closes Acquisition of The Walking Company

Big Dog Holdings, Inc. has completed the acquisition of The Walking Company effective March 3 for cash, debt and equity securities totaling approximately $19 million. The Walking Company will be operated as a subsidiary of Big Dog Holdings, Inc…

Collegiate Pacific Launches New West Coast Business Unit

Collegiate Pacific has launched a new business unit from within its newly acquired west coast subsidiary – Tomark Sports. The new unit will focus exclusively on new school and park construction projects in the state of California. California represents mo

Kellwood Fiscal Q4 Earnings Up 58% on Flat Sales

Kellwood Company reported sales from continuing operations for the fourth quarter ended January 31 were flat with prior year at $521 million. Fourth quarter net earnings from continuing operations were up 33% to $12.8 million, or 46 cents per diluted sha

Footstar to Close All JFF Stores and 77 Footaction Units

In an effort to strengthen and refocus its athletic footwear business, Footstar, Inc. on Friday announced it intends to close in the near term approximately 165 underperforming stores, including all of its 88 Just For Feet stores and 77 of its 429 Footact

Leto Resigns Apparel GMM Role at Kohl’s

Kohl's Corporation has announced the resignation of Rick Leto, executive vice president/general merchandise manager of Apparel and Accessories. On an interim basis, the Apparel and Accessories and Product Development functions will report directly t

February Comps up 8.0% at Stage Stores

Stage Stores total sales for the four-week period
ended February 28, 2004 increased 47.6% to $87.8 million from $59.5 million in the prior year four-week period ended March 1, 2003. Comparable store sales increased 8.0% versus a decrease of 8.1% last year

Shoe Carnival February Comps Rise 4.7%

Shoe Carnival reported sales for the four-week period ended Feb. 28, 2004 increased 13.6 percent to $40.1 million from sales of $35.3 million for the four-week period ended March 1, 2003. Comparable store sales increased 4.7 percent in February 2004…

The Buckle Sees 10.8% Comp Sales Increase in February

The Buckle's sales for the four-week period ended
February 28, 2004 increased 14.9% to $29.3 million from sales of $25.5 million in the corresponding four-week period ended March 1, 2003. Comparable store sales, for stores open at least one year, wer

Stein Mart February Comps Up 7.5%

Stein Mart announced net sales and comparable store sales for the
fiscal period ended February 28, 2004 were up 8.0% to $98.3 million compared to $91.0 million last year. Comparable store sales increased 7.5%…

JC Penney DS February Comps Jump 12.1%

J. C. Penney comparable department store sales increased 12.1 percent for the four weeks ended Feb. 28, 2004, well above expectations. Sales were strong across all merchandise divisions and benefited from good sell through of Spring apparel and a positive

Retail Ventures Posts 10.5% February Comp Increase

Retail Ventures total sales for the four weeks ended February 28,
2004, increased 14.6% to $166.1 million from $145.0 million for the four weeks
ended March 1, 2003. The company's same store sales increased 10.5% for the
four week period…