Corporate Governance

West Marine Inc. reported Thursday that its net revenues for the quarter ended July 3 were $233.4 million, an increase of 8.4% over the year-ago period.

Same-store sales jumped 9.4%.

According to the company, sales benefitted from warmer weather in the northeast. However, “in the southeast, we have been starting to feel the effects of the oil spill in the Gulf of Mexico as boating activities are increasingly restricted,” said Geoff Eisenberg, CEO.

Tommy Hilfiger Group will debut a new line, Tommy, targeted at young men and women in their twenties, Women’s Wear Daily reported.

The brand will debut in Canada, with three freestanding stores and in dedicated areas of 14 existing Tommy Hilfiger stores in Canada, according to the report. Stores will average 4,000 sq. ft. to 4,500 sq. ft.