SGB Update Sportsmans
SGMA Team/Sports Licensing Show Postponed
SGMA and dmg world media announced the postponement of the next SGMA Team Sports Show and the SGMA Sports Licensing Show, tentatively scheduled for June 2009…
Burton Relocates Brands to Vermont
Burton has begun transitioning The Program, which includes snowboard brands Forum, Special Blend and Foursquare, from its Irvine, CA offices to Burton’s Vermont headquarters. The company said the transition will be complete by early February and will allo
West 49 Q3 Comps Increase 2.1%; Net Down
West 49 Inc. reported net sales growth of 4.4% to $61.7 million (U.S. $45.7 million) in the third quarter ended Oct. 25. Comparable store sales increased 2.1% on a consolidated basis, including growth of 0.7% for the West 49 banner. Net income for Canada&
Traub Leaves Board at NexCen
NexCen Brands, Inc. said Marvin Traub has resigned from its board of directors, effective Dec. 4, 2008…
Nike Foundation Focuses on AIDS Awareness for Girls
Against the backdrop of World AIDS Week, the Nike Foundation has launched a global effort with government partners to put adolescent girls in developing countries at the center of HIV-prevention strategies…
Bakers Footwear Reports 3.6% November Comp Gain
Bakers Footwear Group, Inc.'s comparable store sales in November increased 3.6%, compared to a decrease of 3.7% for the four-week period ended December 1. Net sales for the four-week November 2008 period increased 1.7% to $16.2 million, compared to $
Stage Stores November Comps Beat Guidance
Stage Stores, Inc. reported that its total sales for the four week November period ended Nov. 29, 2008 decreased 4.8% due in part to the timing of the Thanksgiving weekend. Comparable store sales decreased 8.0% versus an increase of 3.6% last year…
Costco’s U.S. Comps Down 2% in November, Up 3% in Q4
Costco Wholesale Corporation reported net sales of $5.55 billion for the four weeks ended Nov. 30, 2008, a decrease of 3% from $5.72 billion in the same four-week period last year. When excluding the effects of lower gas prices and a stronger dollar, U.S.
Saks November Comps Fall 5.2%
Retailer Saks Incorporated saw owned sales total $332.9 million for the four weeks ended Nov. 29, 2008 compared to $347.6 million for the four weeks ended Dec. 1, 2007, a 4.2% decrease. Comparable store sales decreased 5.2% for the month. On a year-to-dat
J.C. Penney Reports Nov. Comps Down 12%
J. C. Penney Company, Inc. reported comparable store sales decreased 11.9% for the four-week period ended Nov. 29, 2008, in line with the company’s guidance for a low-double digit decrease and compared with a 5.4% increase during the same period last year
Sportsman’s Warehouse Gets Canadian Parent
In a much-rumored and anticipated move, an agricultural co-op largely unknown outside its base in Alberta, Canada has recapitalized struggling outdoor retailer Sportsman’s Warehouse as part of a deal that could make it a key player in the crowded U.S. hoo
Black Friday Traffic Steady at Retail; Consumers Look to be Buying into Deals
Steady. That seemed to be the most common word used to describe traffic on that holiest of retail days, Black Friday. According to ShopperTrak, Black Friday sales increased 3.0% to $10.6 billion over last year, with steady growth from around the country..
Terramar Sports Hires Pico Manufacturing
Terramar Sports, a maker of performance base layers, has hired Pico Manufacturing to help it build business with department stores and mass merchandisers nationwide…
JD Sport’s Sales Dip
JD (John David) Sports Fashions Plc, the U.K.’s third-largest sporting-goods retailer, said same-store sales declined 1% in the last 11 weeks since Sept. 13, reducing the gain for the first 43 weeks of the fiscal year to 4%. JD said the performance wasn’t
Keen Exec Becomes Columbia’s Footwear GM
Columbia Sportswear Co., which owns Montrail, appointed Kirk Richardson as general manager of footwear, effective Dec. 1, 2008. Since March of 2006, Richardson has served as president of Keen Footwear…