Gildan’s Q1 Earnings, Sales Spike on Activewear Strength
Gildan Activewear Inc. reported net earnings of $28.0 million and diluted EPS of 23 cents for its first fiscal quarter ended Jan. 3, 2010, after reflecting a restructuring charge of 1 penny per share related to the consolidation of its distribution activi
Boot Town Western Wearhouse to Liquidate
US Federal Bankruptcy Chief Judge Barbara J. Houser, approved the proposed Chapter 11 liquidation plan for Boot Town Western Wearhouse (BTWW Retail LP) at a court hearing in Dallas…
Retail Container Traffic to be Up 25% in First Half
Import cargo volume at the nation's major retail container ports will be a full 25% higher during the first half of 2010 compared with the same period a year ago, according to the monthly Global Port Tracker report released today by the National Reta
January Retail Gains Wrap Up Stronger Holiday Season, but Analysts Warn of Regression
Fresh off a promising December that saw retailers report 2.8% growth against easy year-ago comparisons and a late holiday spending spree, January retail results foresaw consolidated same-store sales surge 3%– well above initial projections — despite nas
Adidas Restructures U.S. Staff
Adidas America, Inc., last week laid off a small number of employees as part of a U.S. restructuring at its Portland, OR headquarters but indicated that it still expects to see job growth in the U.S. this year…
Amer Sports Increases Fourth Quarter Profits Despite Sales Decline
Amer Sports’ fourth quarter was impacted by challenging conditions in the sporting goods market throughout 2009 as well as weak global economic conditions and uncertainty about the financial markets' performance…
Sport Supply Group Fiscal Q2 Sales Increase, but Earnings Down on Debt Retirement
Sport Supply Group reported that sales increased 4.4% for its second fiscal quarter ended December 31 to $55.5 million from $53.1 million in the year-ago period. Earnings fell by 12.4% for the quarter, from $1.1 million to $0.9 million in the latest quart
Johnson Outdoors Narrows Fiscal Q1 Loss
Johnson Outdoors, Inc. cut its losses from continuing operations by more than a third in the fiscal first quarter ended Jan. 1 on a 1% rise in net sales, primarily driven by a resurgent diving business and a 3.5% sales gain at its largest business – marin
Unifi Swings to Fiscal Q2 Profit
Unifi, Inc., reported net income of $2.0 million, or 3 cents per share, for the second quarter of fiscal 2010 compared to a net loss of $9.1 million, or 15 cents per share, for the same prior-year period…
RECALL: Summit Tree Stands
A recall has been issued involving numerous models from Summit Tree Stands. The recall will affect approximately 6,800 Talon Hunting Hang-on Tree Stands and Brackets/Straps…
Timberland Fourth Quarter Earnings Soar Despite Flat Sales
The Timberland Company saw fourth quarter earnings jump nearly 70% despite flattish revenues as strong growth from the SmartWool brand and performance footwear were offset by declines in boots in North America and Asia…
Asics Corp Sees Double-Digit Sales Decline in Fiscal Q3; U.S. Up Single Digits
Asics Corporation posted an 11.0% decrease in revenues for the fiscal third quarter ended December 31. Total consolidated worldwide revenues were ¥164.3 billion ($1.83 bn), compared to ¥184.6 billion ($1.90 bn) in the year-ago quarter…
LaCrosse Footwear Sees Fourth Quarter Profits Double on Military, At-Once Orders
As was the case in the preceding reporting periods of 2009, LaCrosse Footwear continued to laud its military business as its primary growth driver for a fourth quarter that saw the company double its profits on revenues that surged more than 20%…
Canadian Medical Journal Recommends Ski Helmets
Ski helmets, which have been gaining in popularity since several high profile skiing fatalities, got a boost from a Canadian medical journal last week…
China Protests EU Tariffs
China filed a complaint against European Union shoe tariffs at the World Trade Organization as Beijing continued its legal assault on what it says is unfair Western protectionism. Europe has grown increasingly concerned about China's balance of trade
