SGB Update

Famous Footwear August Comps Turn Positive; Rise 2.0%

Brown Shoe Company, Inc. announced August retail sales at Famous Footwear rose 3.7% to $135,800,000 for the four-week period ended August 30, 2003, compared to $131,000,000 for the same period last year (ended August 31, 2002). Same-store sales for Augus

Finish Line Q2 Same-Store Sales Surge 21%; Raises Guidance

The Finish Line reported net sales of $270.8 million for the thirteen weeks ended August 30, 2003, an increase of 33% over net sales of $204.3 million for Q2 last year. Comparable store net sales for Q2 increased 21% versus an increase of 1% reported for

Gap August Comps Climb 4% – up 10% YTD

Gap Inc. reported net sales of $1.22 billion for the four-week period ended August 30, 2003, which represents a 5% increase compared with net sales of $1.16 billion for the same period 2002. The company's comparable store sales for August 2003 increa

August Comps Inch Up 0.8% at Saks

Saks Incorporated announced that comparable store sales for the four weeks ended August 30, 2003 compared to the four weeks ended August 31, 2002 increased 0.8% on a total company basis. By segment, comparable store sales increased 0.7% for SDSG and incre

TJX Comps Inch Up 1% In August

The TJX Companies reported August 2003 sales for the four-week period ended August 30, 2003, were $995 million, up 8% over $920 million achieved during the same period, 2002. For the 30 weeks ended August 30, 2003, sales reached $6,893 million, an 8% incr

Abercrombie and Fitch August Comps Drop 11%

Abercrombie & Fitch reported net sales of $190.4 million for the four-week period ended August 30, 2003, a 3% increase over last year's August sales of $185.2 million. August comparable store sales decreased 11% compared with the four-week period end

Hot Topic Net Sales up 31% in August – Comps Up 11.8%

Hot Topic, Inc. announced net sales for fiscal August 2003 increased 31% to $61.5 million from net sales of $46.8 million for fiscal August 2002. Same store sales for the four weeks ended August 30, 2003 increased by 11.8% compared to the corresponding fo

DuPont Textiles Gets a New Name

DuPont Textiles & Interiors (DTI), has announced that it will be called INVISTA(TM) effective immediately. The name change represents the company's next step toward separating from its parent company and crystallizing its distinct, independent corpor

Value City August Comps Up 4.2%

Value City Department Stores announced total sales for the four weeks ended August 30, 2003, increased 8.7% to $205.1 million from $188.7 million for the four weeks ended August 31, 2002. The company's same store sales increased 4.2% for the four wee

Stefan to Head Ellesse U.S. Unit

Pentland Brands plc, parent company of Ellesse International, has appointed Maria Stefan as President of Ellesse, USA. Maria will be responsible for the re-launch of the brand in the United States as a premium Italian sportswear label built on the herit

Nike Completes Converse Acquisition

Nike, Inc. has completed the acquisition of Converse, Inc. Under the final terms of the transaction, originally announced on July 9, 2003, Nike Inc. purchased 100% of the equity shares for approximately $305 million…

GoLite and EMS Team Up For Adventure Racing

GoLite and Eastern Mountain Sports have joined forces in the sport of adventure racing, introducing Team GoLite/EMS at the 2003 Subaru Primal QuestÒ adventure race this weekend in Lake Tahoe, California…

Sierra Club Wins an Emmy

the Sierra Club celebrates a News and Documentary Emmy awarded to Ansel Adams: A Documentary Film. Last night at Marriott Marquis Hotel in New York City, the National Academy of Television
Arts & Sciences honored the first public television program

Elder-Beerman Receives Definitive Proposal from the Bon-Ton Stores

The Elder-Beerman Stores Corp. announced that The Bon-Ton Stores, Inc. has proposed a combination of the two companies. Bon-Ton indicated that it is prepared to sign a merger agreement that would provide all Elder-Beerman shareholders with $7.00 in cash f

NSGA Retail Footwear Survey Confirms H1 Woes

According to a National Sporting Goods Association Market Survey, retail sales of athletic footwear slipped 4.4% during the six-month period, October 2002 through March 2003. Sales for the six-month reporting period were $6.24 billion versus $6.52 billion