SGB Update Sports & Fitness
Costco Wholesale’s U.S. Comps Clock in at 5 Percent in May
Costco Wholesale Corporation reported comparable store sales for the period ended May 27 rose 5 percent in the United States, excluding the impact of fuel prices…
Nordstrom’s Comps Climb 5.3 Percent in May
Nordstrom reported a 5.3 percent increase in same-store sales for the four-week period ended May 26, 2012 compared with the four-week period ended May 28, 2011. Preliminary total retail sales of $870 million for May 2012 increased 9.3 percent compared wit
Kohl’s Comps Dip in May
Kohl’s Corporation said that for the four-week month ended May 26, 2012 total sales decreased 2.6 percent and comparable store sales decreased 4.2 percent from the four-week month ended May 28, 2011…
PowderQuest Reports Record Bookings for South American Trips
PowderQuest, operators of ski and snowboard tours in South America for 14 years, announced their strongest opening bookings on record…
Dick’s SG To Open Run Specialty Concept
Dick's Sporting Goods announced plans to open a specialty running retail store, True Runner. The new store, located in the Shadyside section of Pittsburgh, will cater to running enthusiasts with best-in-class footwear, apparel, accessories and exper
Whistler Blackcomb Introduces First Lift-Assisted Alpine MTB Trail
Whistler Blackcomb Holdings Inc. said it would offer its first lift-assisted alpine MTB trail at its mountain bike park and a new sightseeing hike when its summer season kicks off in a bid to draw more visitors to the Whistler and Blackcomb resorts in Bri
Hibbett Adds New Board Member
Hibbett Sports, Inc. announced that Anthony F. Crudele has been appointed to the company's board of directors, bringing the board's current membership to nine directors…
Neiman Marcus Quarterly Profit Up 35 Percent
Neiman Marcus, Inc. said that for the 13 weeks ended April 28, the total revenuesr reached $1.06 billion compared to $983.8 million in the prior year. Comparable revenues increased 6.7 percent. Operating earnings for the third quarter of fiscal year 2012
Bon-Ton Comps Up Slightly in May
The Bon-Ton Stores, Inc. announced comparable store sales in the four weeks ended May 26 increased 1.5 percent. Total sales increased 1.2 percent to $183.1 million in the current year compared with $181.0 million in the year-ago period…
Keen Launches CEO Search As Curleigh Departs
Keen announced the departure of CEO James Curleigh, who has become president of the Levi’s brand. Rory Fuerst, founder and CEO of Keen, has initiated a search for the next president who will guide Keen's execution of…
Derby Cycle AG’s E-Bike Shipments Set Blistering Pace in 1H
Derby Cycle AG, Germany's largest bicycle manufacturer in terms of sales, reported total revenue reached €134.2 million in the first two quarters of the current financial year, up 17.3 percent from the year earlier period. Growth was led by e-b
Levi Strauss and Co. Taps Keen’s Curleigh to Head Flagship Brand
Levi Strauss & Co. (LS&Co.) named former Keen CEO James Curleigh executive vice president and president of the Levi’s brand, effective July 5…
Mountain Khakis to Sponsor EGolf Professional Tour
Mountain Khakis has become an official partner of the 2012 eGolf Professional Tour. 2012 marks the second of the past three seasons that the two companies have put forth a partnership to benefit members of the Charlotte, NC-based eGolf Pro Tour…
Destination Traveler Propped Up Mountain Resorts This Winter
Despite a 15 percent decline in skier visits last winter, actual occupancy at 16 western mountain resort destinations declined just 2.8 percent decrease. The same properties were able to raise their average daily rate 4.8 percent on an aggregated basis, a
Collective Brands Q1 Profits Grow on Payless Rebound
Collective Brands, Inc., which in early May reached an agreement to be sold to Wolverine World Wide and a pair of private-equity firms, reported earnings improved 25.8 percent in its first quarter, particularly benefiting from an improved bottom line for
