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Today's news...1/6/05
JANUARY 06, 2005 --
PacSun December Sales Up 16%
Pacific Sunwear of California reported that total sales for the five weeks of December were $218.3 million, an increase of 16.4%. Company same-store sales increased 5.3% for the comparable five-week period ended January 1, 2005. PacSun same-store sales increased 5.0% and d.e.m.o. same-store sales increased 8.3%.
YTD sales were $1,162.9 million, an increase of 18.0%. Company same-store sales increased 7.3% with PacSun same-store sales up 7.5% and d.e.m.o. same-store sales up 5.6%.
Shoe Carnival's December Comps Up 1.1%
Shoe Carnival's December sales increased 6.4% to $64.3 million. Comp-store sales increased 1.1% for the five-week period. Analysts were expecting the company to post a same-store sales boost of 0.5%. Sales for the first 11 months of 2004 increased 5.4% to $555.8 million. Comp-store sales decreased 1.2% for the 48-week period.
Famous Footwear Had Strong December
December sales at Brown Shoe's Famous Footwear, the 926-store chain, increased 7.1% to $119.8 million. Same-store sales were up 2.0%. "December sales at Famous Footwear continued positive and our financial performance was on-plan. Category highlights included athletics, where fashion and classic styles again drove momentum. We also saw strength in the kids' category, as consumers responded well to our assortment of branded kids' shoes from top makers," said Brown Shoe COB/CEO Ron Fromm.
ispo Winter Exhibitors Offered Deal On Munich Showrooms
Exhibitors at the ispo winter 05 looking for a distribution platform in Germany, can take advantages of a temporary showroom (for two to four months) in the M.O.C. Order Center in Munich. It is Germany's largest sports, footwear, and lifestyle order center featuring more than 500 brands. The showrooms are in move-in-condition with extensive furnishings (no shop fittings), as well as many extras. This offer is valid exclusively for new customers of the M.O.C. Ordercenter and can be used one time only. Terms and conditions, as well as additional information available from: Markus Hefter, mailto:[email protected] Tel: 4/89/32353 319; Fax: 49/89/32353 177, Project Manager Sales/Marketing Order Center, Lilienthalallee 40, 80939 Munich; http://www.moc-muenchen.de.
Dick's is closing one of its two stores in Greenwood, IN. The 82,000-square-foot store was a former Galyans Sports & Outdoor store. It opened in May 2003. The store is very close to a new Dick's store.
Adams USA has a licensing agreement with Brain Pad, Inc. (formerly WIPSS Products) to allow Adams USA the exclusive distribution and sales rights for several jaw-joint protective mouthguards.
Forzani Group COB John Forzani is a part of a group of Calgary businessmen putting together a bid to buy the Calgary Stampeders football club.
The NY City Council passed a bill making it easier for victims of gun crimes in the city or their survivors to sue gun manufacturers and dealers, holding them responsible for the injuries. The trade would be held to a code of conduct. One element forbids the sale of more than one gun a month to any individual. Since most guns used in crimes are found to come from several Southern states, the effect of the new law might be limited.
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Shoe Carnival Inc.
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