Quiksilver Triples Fiscal Second Quarter Profits Despite Revenue Decline
Quiksilver, Inc. continued to move forward with solid profits in the company’s fiscal second quarter ended April 30 as net income surged 235% to $9.4 million, or 6 cents per diluted share, compared to $2.8 million, or 2 cents per diluted share, in t
PROJECT Cancels July Show, Names New President
Andrew Pollard was named president of the PROJECT Global Trade Show, replacing Sam Ben-Avraham. The upcoming July New York PROJECT show has been cancelled with a planned re-launch in January 2011. PROJECT Las Vegas is still set for Aug. 17 to 19…
Remington Acquires Majority Stake in Mountain Khakis
A major equity investment by Remington, one of the world’s best known firearms companies, will enable Mountain Khakis to accelerate product development, hiring and marketing and likely speed up its entry into the hook and bullet channel, where Gand
NH Ski Areas See Visits Dip in 2009/2010 Season
Ski NH estimated a total of 2.2 million alpine skier and snowboarder visits for the 2009/2010 season, down 2.6% from the winter of 2008/2009. Cross country areas had a successful winter, hosting 143,787 visits, essentially even with visits from the previo
Teva Commits $100,000 for Gulf Clean-Up
Teva, a division of Deckers Outdoor Corp., plans to raise awareness and assist in the Gulf of Mexico clean-up through a commitment of $100,000 to long-term partner, Waterkeeper Alliance. The company noted that on Earth Day, 2010, the Gulf of Mexico was ro
Icebreaker Scouting Store Locations in SoHo
Icebreaker plans to open up to 50 stores in the next five years, including its first one in New York City in September, according to a report in the Financial Times…
NBA Launches NBAStore.com on Facebook
The National Basketball Association announced a series of new social media activation for The Finals including the launch of the NBAStore.com on Facebook, special venues for “The Finals” on social networking platforms Foursquare and Gowalla, and fan inter
Report: Foot Locker Eyeing JJB Sports
Reports that Foot Locker Inc. is reviewing a possible acquisition or investment in JJB Sports sent shares of British retailer up, according to reports in British media…
BJ’s May Comps Up 11.3%
BJ’s Wholesale Club, Inc. sales for May 2010 increased by 11.3% to $871.9 million, from $783.4 million in May 2009. Comparable club sales for May 2010 increased by 6.8%, including a contribution from sales of gasoline of 3.3%…
Shoe Carnival’s Q1 Earnings More Than Double, Comps Run Up 13%
Shoe Carnival, Inc. reported sales for the first quarter increased 13.3% to $189.5 million from $167.3 million a year ago. Comparable store sales increased 13.1%. Net earnings jumped 124% to $9.2 million, or 72 cents a share, from $4.1 million, or 33 cent
J. Wayne Merck Joins Angelo, Gordon and Co.’s PE Group
J. Wayne Merck, the former president and CEO of K2 Inc., has joined Angelo, Gordon & Co. as a senior advisor. Merck will also serve on the board of the firm's portfolio company, KEE Action Sports…
Eastern Mountain Sports Partners with Adventureus.com
Eastern Mountain Sports has partnered with Adventureus.com to launch a new adventure travel feature (ems.adventureus.com) on ems.com…
Senate Supplemental Appropriations Bill Includes Gulf Fisheries Assistance
The American Sportfishing Association announced its support of Senator Richard Shelby (R-AL), ranking member of the Commerce, Justice, Science, and Related Agencies Appropriations Subcommittee, for including funding for fishery-dependent businesses harmed
Beretta Hires Senior Military Advisor
Beretta U.S.A. has hired David L. Grange (BG USA Ret.) to serve as its Senior Military Advisor. Grange served 30 years in the U.S. Army, with his final position being Commanding General of the 1st Infantry Division…
Fruit of the Loom Sees Strong Q1 Earnings Gains
Berkshire Hathaway said pre-tax earnings in its Other Manufacturing businesses jumped 89% in the first quarter to $332 million. The gains were driven by higher profits in its apparel businesses, Fruit of the Loom (FOL) in particular…
