Following a November announcement that creditors had approved a rescue plan to keep it in business, UK-based Blacks Leisure Group cemented its resurgence by issuing a recent statement confirming the retailer is on track for its first quarter stock offerin
Month: January 2010
Warnaco Works With Calvin Klein: Seeking Innovation
Warnaco Group, Inc., parent of the Calvin Klein Swimwear and Speedo brands, among others, provided updated outlook for the fourth quarter and outlined several growth initiatives going forward…
Zumiez Looks to Expand Within E-Commerce
Zumiez experienced a 0.3% increase in comps versus a decrease of 12.3% from the same period last year, while recording $77.6 million in total net sales, a 7.7% increase from last year…
Lotto Team Sport Names Director of Sales
Lotto Team Sport USA, a division of Etonic Worldwide, and Lotto Team Sport, a Florida-based licensee of Lotto Sport USA, appointed Fabrizio Spampinato as director of sales for both companies. He will now manage its shared sales organization. Previously, S
Camo Inventor Alleges Patent Infringement of Cabela’s, 11 Others
Cabela’s and Jordan Outdoor Enterprises are among 12 defendants named in a civil suit filed by inventor Nathan Conk of Elko, NV. Conk has filed suit against the manufacturers for patent infringement allegations regarding camouflage patterns used by
Cabela’s Looking to Expand
Cabela’s Inc. outlined several growth initiatives that it will undertake in fiscal 2010 as management for the outdoor retailer placed specific emphasis on building its direct business, expanding its retail reach, enhancing the company’s CLUB g
Brown Shoe Looks to Use Online Marketing
Brown Shoe reported a strong holiday period. For the nine weeks ended January 2, the company shared 7% same-store sales comps at Famous, and 4.7% of the specialty group, which exceeded their expectations for Q4…
Forzani’s Holiday Sales Dip
The Forzani Group, Ltd. said unseasonably warm weather in November and consumer caution caused same-store retail system sales to dip 2.7% for Holiday ’09…
Investor Conferences Provide Brighter Light Ahead for Industry
Industry public companies hit the investor conference circuit last week in an environment that is decidedly different from the market one year ago…
Fleet Feet Maintains Double-Digit Comps in 2009
Wrapping up yet another stellar year, Fleet Feet Inc. reported fourth-quarter comparable store sales grew 11%. For the full year, sales reached $96 million on a 10% comp gain. The 2009 gain comes on top of a 12% hike in 2008 and a 15% surge in 2007…
GAIAM Is Looking Ahead With New Strategies…
For 2009, GAIAM reported a strong start. With a goal of $20 million in sales for the year, GAIAM claims to have generated $17.2 million in free cash flow throughout the first nine months for fiscal 2009…
Reebok Partners with Armani on Activewear Collection
Giorgio Armani S.p.A. and Reebok International Ltd. formed a global alliance to create an activewear collection under the EA7 and Emporio Armani labels…
Macy’s Lundgren Hired as NRF’s Chairman
Terry Lundgren, chairman, president and CEO of Macy's, Inc., will serve as the chairman of the board of directors of The National Retail Federation. Lundgren succeeds Myron Ullman, III, chairman and CEO, J.C. Penney Co., Inc. Additionally, Stephen S
Shoe Carnival: Toning and Fitness Trend has Legs
Shoe Carnival upped its fourth quarter guidance on comp sales to 7-8% growth last week from 3-5% on the strength of the toning and wellness trend, resilient boot sales and the defection of consumers from the malls to strip centers, according to remarks ma
Apparel Makers Assess Damage to Haiti and Organize Donations
The 7.0 earthquake that rocked Haiti on Jan. 12 brought business to a standstill, shut down the principal seaport near the country's capital, Port-au-Prince, as well as temporarily suspended flights at the capital's Toussaint L'Overture air
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