Gildan Activewear Inc. said its fourth quarter earnings met expectations, but projected a loss for the first quarter of fiscal 2012 as the company finishes consuming inventories produced with high-cost cotton and achieves projected manufacturing efficienc
Author: Charlie Lunan
Julbo U.S. to Move to Bigger Digs in Vermont
Julbo’s U.S. operations center is relocating to a larger space in the Williston, VT area to accomodate growth…
American Rec Brings Pale Morning Account Exec In-House
Account Manager Scott Kaier will leave Pale Morning Media to join Dec. 1 American Rec's staff in Boulder, CO, where he will handle the company's future public relations duties from an in-house position…
Target Says November Comps Disappoint at 3.0 Percent
Target Corporation reported that its net retail sales for the four weeks ended Nov. 26 were $6.19 billion, an increase of 3.0 percent from $6.01 million for the four weeks ended Nov. 27, 2010. On this same basis, November comparable-store sales increased
Saks Reports November Comp Sales Up 9.3 Percent
Retailer Saks Incorporated reported that owned sales totaled $277.1 million for the four weeks ended Nov. 26, compared to $254.9 million for the four weeks ended Nov. 27, 2010, an 8.7% increase. Comparable store sales increased 9.3% for the month…
Costco’s Comps Jump 11 Percent in November
Costco Wholesale Corporation reported net sales of $7.51 billion for the four weeks ended Nov. 27, an increase of 11 percent from $6.78 billion during the similar four-week period last year…
TJX Companies Reports November Comps Up 4 Percent
The TJX Companies, Inc. reported sales for the four-week period ended Nov. 26 were $2.04 billion, up 4% over the $1.96 billion achieved during the four-week period ended Nov. 27, 2010. Consolidated comparable store sales increased 4% compared to last year
OR Winter Exhibitors Lease Record Space
Outdoor Retailer Winter Market, which takes place Jan. 19-22 in Salt Lake City, has drawn more than 100 new exhibitors and nearly 900 returning exhibitors, according Nielsen Business Media, the show's producer. Nielsen has sold nearly 380,000 square
Nau Names Nguyen as Sales Manager
Nau, the sustainably-minded urban + outdoor apparel company, has hired Caroline Nguyen as its new sales manager, effective immediately…
Liberty Mountain Agrees to Acquire Peregrine
Liberty Mountain has signed an agreement to acquire Peregrine Outfitters and merge the two companies' distribution and fulfillment businesses. Liberty Mountain’s President Gary Heward and his wife Diana will be owners of the newly combined Libe
Johnson Outdoors Profits Rise in FY 2011
Johnson Outdoors Inc. announced higher revenue, profit and earnings for fiscal 2011 as strong performance by new products in the company's Marine Electronic and Diving brands more than offset a 45 percent drop in…
REI Sets Grand Opening for Manhattan Store for Dec. 2-4
REI (Recreational Equipment, Inc.) will hold the grand opening of REI SoHo, its first location in New York City, in the Puck Building Dec. 2-4. The 35,000-square-foot store, which employs 150, marks the sixth and largest store opened by REI in the Tri-sta
The North Face Publishes First Sustainability Report
The North Face issued its first public sustainability report, which covers the company's progress in 2010 on using bluesign approved and recycled fabrics, reducing greenhouse gas emissions and waste and increasing participation in outdoor recreation
Big City Mountaineers Adds Three Directors
Big City Mountaineers (BCM) added Nate Simmons, Michael Leming and Carol Sweasy to its board of directors…
SRAM Delaying Initial Public Offering Until 2012
SRAM, which recently bought out its majority shareholder, has postponed its initial public offering until next summer, according to a report in Bicycle Retailers and Industry News, or BRAIN…