Gildan Q4 Earnings, 2012 Forecast Hurt by Cotton Prices

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

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…

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

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