The 2009 Holiday shopping season kicked off with what appeared to be large increases in traffic for many retailers, but that traffic apparently resulted in less sales than expected for many. Early indications are that consumers got out early to snap up t
Author: sportsoneauthor
Heelys to Pay $5.25 million to Settle IPO Suit
Heelys Inc. said a federal judge has approved a $5.25 million settlement of a class-action lawsuit arising from its 2006 initial public offering…
Blacks Leisure Creditors Support Rescue Plan
Creditors of Blacks Leisure Group have settled on a rescue plan that should allow the company to stay in business. The company, which runs the Blacks Outdoor and Millets chains, said its proposal for a company voluntary arrangement (CVA), an insolvency pr
Genesco Third Quarter Gets Lift from Weather to Offset Tough Back-to-School
Genesco, Inc. saw the “choppy” start to the back-to-school selling period give way to stronger sales trends in September due to the Labor Day shift, but the mall retailer and footwear vendor that is home to the Journeys, Hat World, Underground
NSGA Study: Female Fitness Participation Grows
Among the 39 sports surveyed by the National Sporting Goods Association (NSGA), exercise walking, swimming and exercising with equipment attracted the greatest number of female participants seven years of age and older in 2008, according to data in the As
Adidas Urged to Keep NBA Uniform Production in USA
Senator Charles Schumer (D-N.Y.) urged adidas AG to maintain its NBA jersey production at American Classic Outfitters Inc. in Perry, NY, rather than ship the work overseas. According to reports, Adidas had notified its U.S-based manufacturers — including
Famous Footwear’s Operating Net Jumps in Third Quarter
Famous Footwear's operating profits jumped 43% in the third quarter to $28.6 million from $20 million a year ago. Sales improved 7.3% to $389.2 million with the help of a 4.7% comp gain and ten more stores versus Q3 last year…
DSW Q3 Earnings Double; Women’s Boot Comps Surge Nearly 50%
Boosted by sharp sales and margin growth, DSW Inc.'s third quarter earnings doubled and blew past Wall Street expectations. Earnings reached $26.6 million, or 60 cents a share, up from $13.2 million, or 30 cents, a year ago. The Street's consens
Foot Locker’s Matt Serra Says Goodbye After 43-Year Retail Career
After a momentous run in the retail business, outgoing Foot Locker, Inc. Chairman and CEO Matt Serra takes a look back at the business and offers a look ahead for the industry where he left such an indelible mark…
Specialty Retailers Supporting New OIA Vantage Point Research Platform
As retailers head into the holiday season, timely data becomes more and more important. Identifying emerging trends immediately after the early Black Friday rush can determine whether or not a retailer has the correct inventory, competitive pricing, and u
European FW Importers Upbeat on EC Vote
As expected, the European Commission Anti-Dumping Advisory Committee voted 15 to 10 last week against renewing anti-dumping duties set to expire this year for leather footwear from China and Vietnam…
Black Friday Deals Generate Increased Traffic
The 2009 Holiday shopping season kicked off with what appeared to be large increases in traffic for many retailers, but that traffic apparently resulted in less sales than expected for many. Early indications are that consumers got out early to snap up t
Federal Premium Ammunition Becomes Official Ammunition Sponsor of Pheasants Forever
Pheasants Forever and Quail Forever have announced Federal Premium Ammunition is now the organization’s “Official Ammunition Sponsor.” Over the last decade, Federal Premium’s Pheasants Forever-labeled Wing-Shok shotshell boxes hav
Dead Down Wind Welcomes William Gartland and Associates
Dead Down Wind, an industry leader in scent prevention, has announced the addition of William Gartland & Associates to their sales force. “To be able to work with such a proven force and book end in the outdoor industry, like William Garland & Associates
Pure Fishing Heads Into New Quarters
The world headquarters for Pure Fishing has moved to a new office in The Carolina Research Park. The location at 7 Science Court, Columbia, SC, 29203, is now the home for global administration, durables product management and sales and marketing for the A
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