February Comps Jump 24.4% at Neiman Marcus
The Neiman Marcus Group announced in the four-week February period, comparable revenues increased 24.4%. The Company experienced strong sales trends in all of its geographic regions.
Coastcast Cuts Q4 Net Loss 77% as Sales Increase 26%
Coastcast Corporation reported sales for the fourth quarter of 2003 increased 25.6% to $10.2 million from $8.1 million in the year earlier quarter. The net loss for the quarter narrowed considerably to $574,000, or 8 cents per diluted share, versus a net
West Marine Reports 13.8% Comp Sales Increase for February
West Marine net sales for the four weeks ended February 28, 2004 were $35.5 million, a 14.0% increase from net
sales of $31.1 million for the four week period a year ago. Comparable store net sales for February increased 13.8% compared to the same period
Callaway Expands Trade In Program to Include Other Brands
Callaway Golf Company announced plans to expand its successful Trade In! Trade Up! program to include products from other golf brands. Acting on strong feedback from consumers and retailers, Trade In! Trade Up! will now make it easy for owners of other ma
American Eagle February Comps Up 15.2%
American Eagle Outfitters total sales for the month ended February 28, 2004 increased 27.3% to $94.6 million, compared to $74.3 million for the month ended March 1, 2003. Comparable store sales for the American Eagle Outfitters stores increased 15.2% for
NRF: Retail Execs Saw February Increases
The American consumer continued to shop and spend at high levels in February, according to the latest findings of the NRF Executive Opinion Survey, a monthly index by the National Retail Federation (NRF). The Retail Sector Performance Index (RSPI) dipped
Mavis to Oversee All Product at Brooks
Brooks Sports, Inc. has elevated Stan Mavis to senior vice president of product. Formerly senior vice president of apparel and accessories, Mavis will now take on new footwear management responsibilities to help Brooks leverage recent brand and category g
La Sportiva Lowers Prices on Rock-Climbing Shoes
La Sportiva is lowering wholesale/MSRP prices on all Italian-made rock shoes by 15% to 20%, as reported in The B.O.S.S. Report (BOSS_0405). This means the award-winning Testarossa, formerly $160, will now cost $130. The Venom, its slipper counterpa
Giuliani Partners Invests in CamelBak
Giuliani Partners announced that it is becoming a strategic investor in CamelBak Products. According to Giulliani Partners, “CamelBak has developed a superior product with applications that extend well beyond the sports and recreation market into the real
Forzani Cuts Full Year Earnings Forecast; Sees Q1 Momentum
The Forzani Group Ltd. reported that net earnings for the fourth quarter will be between C$0.46 and C$0.48 per share versus C$0.43 per share in the prior year. The company has revised its earnings guidance for the year ended February 1, 2004 to between C
BackcountryStore.com Reports Seventh Year of Triple Digit Sales Increases
BackcountryStore.com reported record sales for 2003, with an increase of 134% year-over-year versus 2002. The increase is the 7th year in a row of triple digit growth for the company. In addition, the fourth quarter of 2003 was BackcountryStore.com’s bigg
Profitability Falls for Specialty Fitness Dealers
Profitability and productivity for specialty fitness dealers fell in 2003 according to data reported in the just-published National Sporting Goods Association (NSGA) Cost of Doing Business Survey…
Upper Price Point Footwear Sales Down, Middle Price Points Up
The numbers are not encouraging for those pushing
$100-plus sneakers. Athletic footwear costing $100 or more slipped from 2.6% of the sports footwear market in 2002 to 2.2% in 2003, according to data released by the National Sporting Goods Association (NS
Kimbrall Joins Tecnica as Brand Promotions Manager
Tecnica USA has named Bob Kimball to the position of brand promotions manager of its U.S. outdoor footwear division. Kimball's primary responsibility will be to increase the Tecnica brand presence among consumers through grassroot events, sponsorshi
Billabong Grows In Adverse Conditions
Billabong leveraged international sales to post strong numbers for the company’s first half of fiscal 2003-04. US sales jumped 27% in local currencies, with EBITDA in the US rising 36%. Australian sales were up 11% with “double digit profit growth” in key