Author: Teresa Hartford

Globe International cut its earnings outlook for the fiscal year ended June 30, 2005 based on preliminary unaudited group management accounts. Net profit for the year is expected to be in the range of A$5.0 million to A$5.5 million against previous guidan

G-III Apparel Group last week announced the acquisitions of Marvin Richards and Winlit, two privately-held outerwear businesses. Marvin Richards was acquired for $19.2 million and 466,666 shares of G-III common stock, currently valued at roughly $10.20 p

VF Outdoor signed a long-term, build-to-suit lease agreement for a new 817,000-square-foot distribution and logistics facility with The Allen Group in Visalia, Calif. The new facility will serve as the Western distribution hub for VF’s Corp.'s Outdoo

Blacks Leisure Group, the U.K.’s largest outdoor retail chain, reported that total sales for the 19 week period through July increased by 5.2%. Comparable-store retail sales fell by 2% for the same period, compared to a 4.2% increase last year. The retail

Winmark Corporation second quarter revenues declined 4.5% to $6.4 million, compared to $6.7 million last year. The company’s gross margins ballooned to an amazing 78.0%, 740 basis points above the 70.6% reported last year. However, SG&A expenses jumped up

The Shanghai Higher People's Court has settled a dispute that challenged Lacoste’s ability to market their ubiquitous crocodile logo in China. According to the official Xinhua news agency, the Court overturned a lower court ruling that had held that

The CPSC, in cooperation with Sycamore Kids Inc., announced a recall of the Mountain Buggy Urban Single and Urban Double Jogging Strollers. The recall affects about 2,200 units, as the handlebar can crack or break causing it to possibly detach while in us