Nordic Capital spun off 30 percent of Thule Group AB last week in a highly successful initial public offering on Nasdaq Stockholm that valued the Swedish company at nearly half of what Nordic paid for it in 2007…
Year: 2014
Winchester Ammo Honors Sales Professionals
Winchester Ammunition announces the 2014 top sales representatives and agency of the year awards, which were presented at its national sales meeting…
Famous Footwear’s Q3 Boosted by Canvas Strength
Helped by a better-than-expected performance by its Wholesale segment and healthy back-to-school selling at Famous Footwear, Brown Shoe Inc. reported third-quarter earnings rose 21.2 percent to $33.1 million, or 75 cents a share.Results topped Wall Street
Chilly Weather Boosts Black Friday Weekend
Apparently helped by a timely cold snap in many parts of the country that propped up sales of outerwear, fleece, boots and other winter categories, many sporting goods and outdoor chains appeared to have faired well or at least held their own amid a chall
Boots Drive Shoe Carnival’s Q3
Shoe Carnival reported third quarter earnings were flat in the third quarter at $10.8 million, or 54 cents a share, exceeding its guidance calling for 45 to 51 cents a share. While store opening costs held back profit gains, the performance was aided by t
NRF Sees Steep Decline in Black Friday Weekend Sales
Early holiday promotions, the continued growth of online shopping, and an improving economy changed the way millions of people approached the biggest shopping weekend of the year, according the National Retailer Federation. Overall shopper traffic from Th
Vans EMEA Appoints New VP of Marketing
Vans appointed Neil Schambra Stevens to the position of vice president of marketing for Vans EMEA. He replaces Jeremy De Maillard, who was previously named president of marketing EMEA for The North Face…
Shoe Carnival’s Q3 Exceeds Guidance
Shoe Carnival Inc. exceeded its net sales, comp store sales and earnings guidance in the third quarter thanks to strong sales of fashion boots, the roll out of national advertising, the addition of new brands in its women's department, and an upgrade
IBM Reports Online Retail Sales Set Record on Thanksgiving, Black Friday
Thanksgiving Day and Black Friday saw record online retail sales supported by strong mobile growth, according to IBM Digital Analytics Benchmark Reports…
NRF Forecasts Drop in Cyber Monday Traffic
The National Retail Federation’s Cyber Monday Expectations Survey shows fewer Americans planned to shop online on Cyber Monday, likely because they know online retailers are offering bargains much earlier in November than in the past…
Corran Addison Joins Kayak Distribution
Corran Addison and his Corran SUP brand have joined Kayak Distribution to create a company that will offer more than 200 kayak models and 15 SUPS…
Klymit Names VP of Sales and Business Development
Klymit hired former Goal Zero sales executive Bart Miller as its new vice president of sales & business development. Miller will be in charge of expanding Klymit’s distribution, to make Klymit’s ultra lightweight products available to more con
Velcro Promotes CFO to President and CEO Role
Velcro Industries has promoted Fraser Cameron, formerly Chief Financial Officer, to the position of President and Chief Executive Officer. Cameron succeeds Scott Filion, President of Velcro Americas, who has been serving as Interim CEO…
DSW Says Fashion Athletic Reversed Declining Women’s Sales in Third Quarter
DSW Inc. reported sales of athletic shoes comped up 7 percent compared with an overall comps increase of 2.6 percent in the third quarter as the Columbus, OH-based retailer chased the athleisure fashion trend…
Thule IPO Values Company at Nearly $1 Billion
Nordic Capital spun off 30 percent of its holdings in Thule Group AB Nov. 26 for SEK2.2 billion, or about $295 million, in a highly successful initial public offering on Nasdaq Stockholm that values the company at nearly $1 billion…
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