Brown Shoe Cuts Q3 Guidance on Weaker Famous Footwear
Brown Shoe Co cut its third-quarter outlook due to disappointing sales at its Famous Footwear unit. Third-quarter earnings are now expected to range between 17 cents to 20 cents a share, including costs of 22 cents a share tied to moving its Madison, Wisc
Rangel Calls for Monitoring of Chinese Apparel Imports
House Ways and Means Chairman Charlie Rangel (D-NY) has asked the International Trade Commission (ITC) to monitor and collect data on apparel imports from China. Rangel's staff stressed that he has not yet opted to ask for a Section 421 safeguard inv
180s Goes Live with CenterStone’s iVendix
CenterStone Technologies, Inc. announced that 180s is live on the company’s iVendix software application. iVendix will provide 180s with a business-to-business (B2B) online ordering solution for their retail dealers and sales reps. Now that 180s is live o
Container Imports Forecast to Decline 6.5% this Year
Cargo volume at the nation’s major retail container ports is now expected to decline 6.5% in 2008 compared with 2007 as merchants carefully manage inventories in response to the nation’s slow economy, according to the monthly Port Tracker report released
Coleman Names New Sales VP
The Coleman Company Inc. has named Michael Bach VP of sales with responsibility for leading the field sales team and the food/drug and home channels. His team will focus on key accounts within mass, sporting goods and other specialty channels and expand t
K-Swiss Sponsors The Ford Ironman World Championship
K-Swiss will become the official run course sponsor for the Ford Ironman World Championship in Kailua-Kona, Hawaii, October 6-12. The event will feature seven world-class athletes representing K-Swiss U.S.A. and Australia. The brand will be hosting daily
New Era Re-launches Wear Your Cap to School Day
New Era Cap Co.'s 5th annual “Wear Your Cap to School Day” initiative will take place on Thursday, October 23rd. The nationwide program is dedicated to raising awareness and funds for children who have been diagnosed with and are being treated for ca
Isis Hires Field Representative
Isis has hired Pam Bates as the Isis field service representative. Bates will work closely with Isis retailers, the Isis sales staff as well as the Isis customer service and development team…
Cabela’s Cuts Corporate Workforce by 10%
Cabela's Inc. reduced its workforce approximately 10% at its corporate headquarters in Sidney, NE. The retailer expects approximately two-thirds of the reduction to come from leaving open positions vacant and one-third of the reduction to come from j
Credit Insurer Withdraws Coverage from JJB Sports
JJB Sports shares plummeted 27% on Tuesday after news emerged that a credit insurer refused to cover the company's suppliers due to the risk that JJB may be unable to pay them. The BBC reports that Coface, the insurance company in question, has confi
Wilson Supports Breast Cancer Research
Wilson Sporting Goods Co. has donated a record $250,000 to the The Breast Cancer Research Foundation in the fight against breast cancer. When the partnership began in 1998, Wilson decided to donate a portion of the proceeds from the sales of all its women
Amer Sued by Avocet; Acquires Assets of Bulgarian Subcontractor
Avocet Sports Technology, based in Menlo Park, CA, has filed a lawsuit against Amer Sports and its subsidiary, Suunto USA, for infringing on three patents for altimeter devices. The suit seeks monetary damages in excess of $20 million. ..
Vail Resorts Offers to Reimburse Some Baggage Fees
To help offset added airline fees, Vail Resorts is offering a “Baggage Bailout” for skiers and snowboarders staying at Vail, Beaver Creek, Breckenridge, Keystone and Heavenly this winter. The offer follows MTN's forecast last month that its revenues
Wolverine Worldwide Tempers Sales Forecast, Raises EPS Guidance
Wolverine World Wide, Inc. had a good third quarter as low-single-digit sales growth was outpaced by stronger net income gains and the company’s Outdoor Group once again the shining star. It was the company’s 25th consecutive quarter of record sales and e
Foot Locker, The Finish Line See Shifts in Leadership Roles
Key management at the two of the nation’s largest mall specialty retailers were changed last week, as both Footlocker Inc. U.S.A. and The Finish Line, Inc. both made changes in the corner office…
