Nordstrom Q4 Earnings Plummet, Comps Fall 15.8%
Nordstrom, Inc. reported net earnings of $68 million, or 31 cents per diluted share, for the fourth quarter ended Jan. 31, 2009. For the same quarter last year, Nordstrom reported net earnings of $212 million, or 92 cents per diluted share…
Confluence Introduces Community-Based Boating Incentive
From Apr. 1, 2009 through Aug. 31, 2009, Confluence Watersports will roll out a brand new program designed to support local organizations, introduce more people to paddling and establish a platform for a long-term sustainability initiative…
Deuter Becomes bluesign Member
Deuter has officially become a bluesign member. With this membership, Deuter's products are designated as meeting strict international requirements regarding sustainability, health and safety (EHS). All bluesign products guarantee the use of componen
Triumph Apparel to Lay off 226
Triumph Apparel will permanently lay off 226 employees, according to a report by The New York Dispatch. The layoffs-all of which will take place in York County-will coincide with the closing of two seperate plants on Feb. 25…
Amer Sees Novator Up Stake to 20.1%
Amer Sports Corporation reported that Novator Finland Oy has converted all of its NASDAQ OMX forward contracts into direct holdings in shares of Amer Sports Corporation representing 20.11% of the shares and voting rights…
Billabong H1 Sales Rise as EBITDA Stays Flat
Billabong reported that first half net sales jumped 22.1% as healthy growth in the company’s home Australasian market was outpaced by stronger gains in the Americas and Europe. Net sales grew to A$808.6 million ($632.6 mm) from A$662.0 million ($575.2 mm)
Chick’s Headquarters to Close
According to a report by the San Gabriel Valley Tribune, Chick’s Sporting Goods’ Covina-based headquarters will close as its new owner, Dick Sporting Goods, continues to absorb operations…
KOR Water Expands Board of Directors
KOR Water has appointed Peter van Stolk, the founder and former CEO of Jones Soda Co., and Ravi Sawhney, founder and CEO of industrial design firm, RKS, to its Board of Directors…
Volcom Sees Slight Q4 Increase
Volcom, Inc. said total consolidated revenues for the fourth quarter ended Dec. 31, 2008 were $69.6 million compared with $69.1 million in the fourth quarter of 2007. Total revenues in the company’s U.S. segment were $54.9 million compared with $58.9 mill
Crocs Q4 Revenues Slump 44%
Crocs, Inc. reported revenues fell 43.9% for the three months ended Dec. 31, to $126.1 million compared to $224.8 million a year ago. The comfy shoe manufacturer reported a net loss of $33.2 million, or 40 cents per share, in the latest quarter…
Ortholite Sponsors AHS and RRCA
OrthoLite has signed a sponsorship agreement as the preferred insole partner with American Hiking Society (AHS) and Road Runners Club of America (RRCA). In addition, the company will continue its sponsorship with the American Trail Running Association (AT
Orange 21 Appoints Board Member
Orange 21 Inc., the parent of Spy Optic, appointed Seth W. Hamot to its Board of Directors. Hamot has served as Managing Member of Roark, Rearden & Hamot Capital Management, LLC (“RRHCM”) since 1997 and was the owner of its corporate predecessor, Roark, R
Nautilus Delays Q4 Conference Call
Nautilus, Inc. has rescheduled its previously announced conference call to discuss its fourth quarter results to March 10. The company said the rescheduled conference call date is necessary to allow additional time to complete the few remaining items in c
Wal-Mart Introduces Russell Simmons Line
Wal-Mart has introduced a new line of men's clothing designed by hip-hop entrepreneur Russell Simmons, the creator of Phat Farm. The clothing line, American Classics, is already being tested at some locations but will launch in the next few weeks at
Easton Sports Named Play It Again Sports’ Vendor of the Year
Easton Sports has been named Play It Again Sports' 2008 ‘Vendor of the Year’ in baseball/softball. The award was voted on by PIAS member stores and is based on profitability, delivery, customer service, representative service, marketing support and c
