U.S. Outdoor Act Reintroduced in the House
A bipartisan duo from Washington's delegation in the U.S. House of Representatives reintroduced the U.S. OUTDOOR Act, which seeks to eliminate tarrifs as high as 28 percent on imported recreational performance outerwear. The high cost of gear and equ
Phoenix Footwear Posts Q1 Loss
Phoenix Footwear reported a net loss of $339,000, or 4 cents a share, in the first quarter. Sales from continued operations declined 8.5 percent while gross margins improved 190 basis points to 35.5 percent…
Adidas Olympic Push Aims to Overtake Nike in the U.K.
Adidas Group, the official sportswear sponsor of the 2012 Olympic Games, said it plans to use its London 2012 Olympic Games sponsorship to overtake Nike to become the leading sports apparel brand in the U.K. by 2015. Adidas it is expecting to sell 100 mil
Genesco Inc. Momentum Accelerates in Fiscal First Quarter
Genesco Inc. reported first-quarter earnings surged 75 percent, driven by double-digit sales growth at its two largest businesses, Journeys and Lids Sports. The retailer also raised earnings guidance for the full fiscal year…
Keen Footwear Ups Production Plans at New Portland Factory
Keen Footwear said last week it will build 13 footwear styles at its new factory in Portland, OR in coming years, up from the eight the company forecast just six months ago…
DSW Keeps Momentum Going With Solid Fiscal First Quarter Results
DSW Inc. reported fiscal first quarter sales increased 12.0 percent to $503.6 million. Comps jumped 10.8 percent on top of a 16.2 percent increase in the first quarter of 2010…
Perry Ellis Posts Q1 Gains in Swim and Golf
Perry Ellis International Inc.'s golf apparel and swimwear segments delivered a strong start to the year. In the first quarter, golf revenues grew 16 percent with a “solid” performance across the brands the company owns or licenses…
Pacific Sunwear Posts Positive Comps in Fiscal First Quarter; Posts Another Loss
Pacific Sunwear of California, Inc. lost $31.5 million in the second quarter as the surf-inspired retailer continues to undergo an image revival to help spark sales for a consumer base that is growing increasingly disinterested…
Derby Cycle H1 Sales Driven by Electric, High-End Bikes
Derby Cycle, which has upped its sales guidance twice since March on surging demand for electric and high-end bicycles, reported its first half sales rose 40.3 percent to €114.4 million ($156 mm) in the first half ended March 31…
Steven Madden Completes $30M Cejon Buyout
Steven Madden Ltd. completed its $30 million buyout of the Cejon group of design and marketing companies…
Unique Solar Tree Makes New Store a Landmark
Customers should not have much trouble finding Half-Moon Outfitters new store in Columbia, SC when it opens June 3. They can just head down the 2900 block of Devine Street until they see the giant tree like structure bristling with solar panels and pull i
Under Armour to Launch Lacrosse Equipment Line
Under Armour has joined forces with Vertical Lax, Inc. to launch its first collection of lacrosse equipment. The line, to debut in November 2011, includes sticks, gloves, pads and goggles…
Bike Expo 2011 Reports Surge in Registration
Bike Expo said exhibitor registration is running 26 percent ahead of last year thanks in part to its expansion into all segments of the cycling industry…
DSW’s Q1 Earnings Climb on 10 Percent Comp Gain
DSW Inc. reported first quarter net sales increased 12.0 percent to $503.6 million from $449.5 million in the first quarter of 2010. Comparable sales increased 10.8 percent on top of a 16.2 percent increase in comps in the first quarter of 2010. Net earni
Derby Cycle Sales Rise 40.3 Percent in First Half
German bike maker Derby Cycle said its sales outside Europe rose 171.9 percent to €3.9 million ($5.3mm) in the first half of 2010/2011 due largely to sales by its U.S. subsidiary. Overall revenues rose 40.3 percent to €114.4 million ($156.0mm)
