DSW announced the opening of three stores in Atlanta, GA; Dulles, VA; and Noblesville, IN. In 2008, DSW plans to open at least 30 new stores…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
VF Corp’s Q1 Revenues Climb 10%
VF Corp. reported first quarter revenues rose 10% to $185 billion from $1.67 billion a year ago. Income from continuing operations climbed 11% to a record $149 million, compared with $134.1 million in the prior year's quarter. Earnings per share from
Candace Parker Signs with Adidas
Candace Parker, the first round pick in the WNBA draft, and adidas announced that they have entered into a multi-year partnership agreement. The sponsorship comes after three seasons at the University of Tennessee and two National Championships for Parker
Etnies Aims to be Carbon Neutral by 2020
Sole Technology, parent company of etnies, eS, Emerica, ThirtyTwo and Altamont apparel, announced the results of its first corporate eco-audit to measure the company's overall carbon footprint, and its goal of becoming a carbon neutral company by the
Play Fair Report: Workers’ Conditions Still Poor
A report by the international clothing workers' rights campaign Play Fair says garment makers in Asia are routinely working long hours under poor conditions in the lead-up to the Beijing Olympics. The newsagency AFP reports that Play Fair says condit
Johnson Outdoors UK Appoints Sales Mgrs
Johnson Outdoors UK announced two new appointments to the sales team. Maurice McGlade has joined the company as an agent for marine electronics for the whole of Ireland. In the UK, Chris King is the new agent for marine electronics for the south coast of
Timberland Commits to 300 Green Communities
Timberland announced a global commitment to green 300 communities in the next two years, and to plant one million trees by 2010. Over the course of Earth Day 2008, Timberland will complete 160 greening projects in 27 countries from the U.S. to Japan, Spai
Bally Sold to Reimann Group
TPG Inc. agreed to sell Swiss shoe brand Bally International AG to a new luxury venture formed by Germany's billionaire Reimann family, ending a nine-year investment by the U.S. leveraged buyout firm. The family's Joh A. Benckiser SE, which owns
Coach Posts Higher Profit
Helped by higher sales at stores in North America and Japan, Coach said net income in its third quarter ended March 29 rose 8% to $162.4 million, or 46 cents per share, from $150.0 million, or 40 cents per share, a year ago. Net sales for the quarter rose
Hanesbrands Q1 Sales Drops 5%
Hanesbrands Inc., the parent of Hanes and Champion, reported first quarter sales decreased by 5% to $987.8 million from $1.04 billion, reflective of conditions in the retail marketplace. Excluding restructuring actions, earnings per diluted share increase
Shimano Completes Pearl iZumi Purchase
Shimano American Corp. on Monday completed its acquisition of Pearl iZumi from Nautilus for $69.4 million in cash and debt. As a result of the deal, Pearl Izumi will relocate its headquaters to Louisville from Broomfield…
Meade Instruments Divests Sport Optics Brands
Meade Instruments Corp. announced that it has signed and closed separate agreements to divest its Weaver and Redfield sports optics brands to two buyers for cash proceeds of approximately $8 million. The company plans to continue in the sports optics busi
Columbia Signs New Advertising Agency
Columbia Sportswear Company announced it has selected San Francisco-based Butler, Shine, Stern & Partners (BSSP) as its marketing communications strategy agency of record. Butler, Shine, Stern & Partners succeeds Portland-based Borders, Perrin & Norrande
Industry Q4 Retail Hurt by Lack of ‘Must Haves’…
Retailers tracked by Sports Executive Weekly saw a reversal of fortunes in the fiscal 2007 fourth quarter as the ‘must haves’ that drove gains in the prior year period failed to materialize this past Holiday season. While vendors were still capitalizing
Crocs Shares Plummet on Lowered Guidance…
Crocs had a tough week as it fired a warning shot to Wall Street that it would fail to meet its earlier guidance for both the first quarter and the fiscal year. The Street shot back with the company’s stock closing down 43.1% for the week, closing at $10
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