SGB Update

Famous Footwear July Comps Down 3.2%

Brown Shoe Company, Inc. announced July retail sales at Famous Footwear were $85.1 million for the four-week period ended August 2, 2003, compared to $86.3 million for the same period last year. Same-store sales for July decreased 3.2%…

Ross Comp Store Sales Up 2% for July

Ross Stores reported sales of $303 million for the four-week period ended August 2, 2003, a 13% increase above the $269 million in sales reported for July last year. Comparable store sales for the same period increased 2% on top of a 4% gain in the prior

July Comps Slip 0.8% at Sears

Sears, Roebuck and Co. announced that comparable domestic store revenues decreased 0.8 % for the four weeks ended Aug. 2, 2003. Total domestic store revenues were $1.9 billion in July 2003, down slightly compared with the four weeks ended Aug. 3, 2002.

Foot Locker Q2 Comps Decrease 4.4%; Re-Affirms Guidance

Foot Locker, Inc. reported sales for the 13-week period ended August 2, 2003 of $1.12 billion, versus $1.09 billion in the comparable period last year, an increase of 3.4%. For this same 13-week period, comparable store sales decreased 4.4%….

July Comps Rise 2.8% for Payless

Payless ShoeSource today reported that same-store sales increased 2.8 % during the July reporting period. Company sales totaled $203.6 million, a 3.0 % increase from $197.6 million during fiscal July of last year.

Saks, Inc. July Same-Store Sales Up 2.2%

Saks Incorporated announced that comparable store sales for the four weeks ended August 2, 2003 compared increased 2.2% on a total company basis. Net Sales were $363 million…

TJX July Same-Store Sales Up 3.0%

The TJX Companies, Inc. reported July 2003 sales were $899 million, up 11% over $810 million achieved during the four-week period ended August 3, 2002. Consolidated comparable store sales for the four-week period increased 3% from last year…

Nordstrom July Comps Increase 6.1%

Nordstrom, Inc. reported preliminary sales of $690.2 million for the four-week period ending August 2, 2003, an increase of 9.0% compared to sales of $633.4 million for the four-week period ending August 3, 2002. Same-store sales increased 6.1%…

Phenix and Bogner Join Forces

Longtime industry associates Phenix skiwear and Bogner of America are teaming up to strengthen both companies. Phenix and Bogner recently signed a service agreement designed to help Phenix cut operational expenses and enhance Bogner’s bottom line…

Columbia’s Footwear D.C. to Land in Kentucky

Columbia Sportswear Company announced its intention to construct a new footwear distribution center in Henderson County, Kentucky. This will be Columbia's second U.S.-based distribution center. The Company expects the construction of the distribution

Prince Appoints New CFO

Prince Sports, Inc. announced the appointment of Dave Evins as Executive Vice President and Chief Financial Officer, reporting directly to George Napier, CEO. In addition to being a key part of the senior management team, Evins' scope of responsibili

North America, Exchange Rates Hurt adidas-Salomon H1

adidas-Salomon reported that second quarter net sales grew 3.0% on a currency-neutral basis with a positive performance at all brands. However, reported Group sales actually decreased 8% from €1.5($1.7) billion in 2002 to €1.4 ($1.6) billion in 2003. Cur

Accell Group Completes Purchase of Tunturi

Accell Group N.V. announces that the company finalized the earlier announced acquisition of the Finnish Tunturi. The transaction involved the acquisition of all issued shares, and is financed out of Accell Group's own reserves. Accell Group has now g

Crank Brothers Improves Distribution Strategy

Crank Brothers announces some major changes to their global distribution. These changes are part of ongoing adjustments the Company is making to best serve the global Independant Bike Dealer network. General Manager, Andrew Herrick said, “This gives us th