SGB Update Sportsmans
Stride Rite Children’s Group Appoints President
The Stride Rite Children's Group (SRCG) unit of Collective Brands Performance + Lifestyle Group announced that it has appointed Sharon John as its unit president. John will lead SRCG and its expanding portfolio of brands including Stride Rite, Robeez
Phoenix Footwear Gets New Credit Line
Phoenix Footwear Group, Inc. has entered into a new two year, secured revolving credit facility with First Community Financial, a division of Pacific Western Bank…
Adidas Unveils New World Cup Ball
Adidas unveiled its World Cup match ball Friday to coincide with the official group draw. The 32-team soccer tournament kicks off June 11 in Johannesburg and Cape Town, with preliminary-round fixtures split among nine host cities.
Sunglass Hut Inks Exclusive Sunglass Deal with Macy’s
Macy's and Luxottica group S.p.A. signed an agreement to open additional Sunglass Hut points of sale in about 430 Macy's department stores in the United States. Under the agreement, Sunglass Hut will be the exclusive operator of Macy's in-s
Costco Comps Rise 1% in November, Excluding Gas
Costco Wholesale Corporation reported comp store sales for the four weeks and 13 weeks ended Nov. 29 rose 2% and 1% respectively in the United States. Excluding gas sales, U.S. comp sales were flat during the month and grew 2% during the 13 week period…
At The Buckle, Comps Growth Slows to 1.4%
The Buckle, Inc. announced comparable store net sales, for stores open at least one year, for the four-week period ended Nov. 28 increased 1.4% from comparable store net sales for the four-week period ended Nov. 29, 2008.
Stage Stores’ Comps Drop 12.5% in November
Stage Stores, Inc reported that its total sales for the four week November period ended Nov. 28, 2009 decreased 11.3% to $110 million from $124 million in the prior year four week period. Comparable store sales decreased 12.5% this year versus a decrease
Wal-Mart Steps into World Cup Frenzy with FIFA Venture
Wal-Mart Stores, Inc. said it will operate 2010 FIFA World Cup Official Event Stores in nearly all of its retail markets around the world. The collaboration with FIFA's exclusive worldwide master licensee, Global Brands Group, combines the world'
Bon-Ton’s Comps Slide 6%
The Bon-Ton Stores, Inc. reported comps during November fell 6.0%. Total sales for the four weeks decreased 6.4% to $310.8 million compared with $332.3 million for the prior year period…
Stein Mart Comps Decline 7.2% Despite Strong Black Friday
Stein Mart, Inc. reported total sales for the fiscal month of November declined 9.3% to $107.8 million from $118.8 million in the year earlier month. Comparabale store sales declined 7.2% for the period ended November 28…
Nordstrom’s Comps Climb 2.2%
Nordstrom, Inc. reported a 2.2% increase in same-store sales for the four-week period ended Nov. 28, 2009. Sales of $749 million for November 2009 increased 5.9% compared with sales of $707 million for the same period in fiscal 2008…
Neiman Marcus’ Comps Sink 6% in November
Neiman Marcus, Inc. reported same-store sales fell 6% in November. Total sales declined 5.9% to $305 million from $324 million…
PUMA Forms PUMA Golf North America
PUMA announced a new partnership to grow the North American golf business with the formation of PUMA Golf North America, as the official distributor and licensee of PUMA Golf in the United States and Canada…
Golfsmith Unveils 40,000 Sq. Ft. Store
Golfsmith International Holdings, Inc. announced the official unveiling of its new 40,000-square foot playground for golfers and tennis players in Los Angeles and Orange County…
Collective Brands Profits Nearly Triple Before Special Items
Collective Brands, Inc. reported earnings dropped 22.3% in the third quarter ended Oct. 31, 2009, to $36.9 million, or 57 cents per diluted share, from $47.5 million, or 74 cents, a year ago. Adjusted earnings nearly tripled to $39.4 million, or 61 cents
