K-Swiss Inc. Posts Another Tough Quarter but Logs Double-Digit Futures Gain
K-Swiss Inc. reported a steep loss in the third quarter on a double-digit revenue decline but KSWS shares surged after the company reported a double-digit uptick in orders for the next two quarters on the strength of its Tubes collection. Worldwide future
Nielsen Shutters Action Sports Retailer Show
Action Sports Retailer, the biggest trade show in the action sports industry, has ended its 29-year run. Nielsen, the show's owner, said last week it was “indefinitely suspending” ASR due to consolidation in the action sports space as well as the cha
Spending Pulse Shows Economic Signs of Improvement
MasterCard Advisors’ SpendingPulse alluded that most retail sectors posted positive year-over-year growth in October. From a sector-by-sector point of view, categories continued to stabilize, building strength onto the more tepid growth seen in prev
Aldila Sheds Light on Consumer Confidence
Golf shaft specialist Aldila, Inc. said sales gains in both of its major categories boosted sales 14% for the third quarter and helped the company swing to a profit from a year-ago period that suffered from an overall weak market…
Voters Overwhelmingly Approve Conservation Funding
Despite anti-tax fervor, voters across the country Tuesday overwhelmingly approved a variety of measures that will raise $2 billion for land conservation, according to results tallied by The Trust for Public Land, a national conservation organization. The
Cloudveil Launches New 2010 line and New Website
Cloudveil unveiled its 2010 fall/winter line and said it would begin selling it at www.cloudveil.com. The new site will offer a full range of Cloudveil product and is designed to offer a shopping experience that includes the ability to zoom in on specifi
Pats QB Brady Sheds Nike for Under Armour
New England's Patriots All-Pro quarterback Tom Brady has left Nike in favor of Under Armour. The newest member of the UA team, Brady will appear in various in-store and advertising promotional campaigns. Brady will also receive a stake in the company
Compass Diversified Sees Improved Cash Flow
Compass Diversified Holdings, the parent of Fox Racing Shox and Liberty Safe, reported a net loss of $29.4 million for the third quarter of 2010, which includes a $42.4 million non-cash impairment charge. But cash flow improved to $23.8 million from $11.7
RG Barry Shareholders Approve Board Change, Outlines Growth Plans
R.G. Barry Co., the parent of Dearfoams and Terrasoles, at its annual meeting last week received shareholder approval to reduce the size of its board to eight members from nine. It also outlined a growth strategy calling a continued focus on developing it
Warnaco Q3 Sales Up 15%; Swimwear Group Up 21%
The Warnaco Group, Inc. reported net revenues for the third quarter ended Oct. 2 rose 15% compared to the prior year quarter to $596.8 million. The company’s Calvin Klein businesses, which represented 79% of the company’s total net revenues, g
Thule Acquires TracRac
The Thule Group has acquired TracRac Inc., a manufacturer of branded truck racks and accessories in the U.S. Terms were not disclosed…
The Ski Shop Joins the SMC Buying Group
Snowsports Merchandising Corporation (SMC), the buying group of specialty ski and snowboard shops in the wintersports industry, said The Ski Shop, Inc. has joined the group…
Niketown London Becomes Nike’s Largest Store
Nike, Inc. officially reopened its flagship Niketown store on Oxford Circus in central London, following extensive redevelopment that makes it the largest Nike store in the World. Nike also plans to launch another multi-category location in Glasgow in 201
Arc’teryx Appoints Marketing Coordinator Europe
Arc'teryx hired Tanja Kulkies as marketing coordinator Europe, a newly created position. She formerly worked for Black Diamond…
Etonic Appoints Sales Rep for Southeastern Florida
Etonic Worldwide announced that veteran golf sales representative Pat Dowd has joined the company and will cover Southeastern Florida…
