Cabela's Inc. reported total revenue increased 7.2 percent to $1.3 billion but comparable-store sales decreased 5.5 percent. Fourth-quarter earnings, adjusted for certain items, decreased 16.4 percent. The hook and bullet retailer said greater invest
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Nike Launches SNKRS App
Nike introduced a mobile app that provides one-stop access to the brand's most premium Nike sneakers. In addition to providing Nike's full sneaker catalog, the SNKRS app offers…
Matrix Fitness Sees 19 Percent Global Sales Growth in 2014
Matrix Fitness, the commercial fitness equipment brand of Johnson Health Tech Co. Ltd., saw a 19 percent global sales growth rate for 2014…
VF Corp. Adds Board Member
VF Corporation has added Mark S. Hoplamazian, CEO of Hyatt Hotels Corporation, as a director…
Sports Authority to Open Store in Downtown Minneapolis
The Sports Authority plans to open a 22,000-square-foot location in City Center in downtown Minneapolis…
OBIT: Charles Theodore Buck
Charles T. (Chuck) Buck, the former chairman of Buck Knives, Inc., has passed away…
Finish Line Sets Programs for NBA All-Star Weekend
The Finish Line, Inc. announced its lineup of fan activations supporting the upcoming pro basketball all-star weekend in New York City, including programs with Under Armour, Adidas and Nike's Jordan brand…
Lids Foundation Announces 2015 ‘Tip the Hat Award’ Finalists
Lids Foundation, the philanthropic support arm of Lids Sports Group, has identified the five finalists who advance to the people’s choice round of its 3rd annual Tip the Hat Award grants program. Online voting is now open…
Perry Ellis Sends Open Letter to Shareholders
Perry Ellis International issued an open letter to its shareholders to discuss the coming year while highlighting its progress in executing its turnaround last year and its efforts to add more independent directors. Perry Ellis also said it will continue
Rack Room Shoes Expands Associate Buyer Position
Rack Room Shoes has expanded the role of Laryssa Grant, associate buyer, to include buying responsibilities for men’s, women’s and children’s slippers…
Skechers Q4 Profits Leap
Skechers USA reported earnings rose 54.7 percent the fourth quarter, to $21.9 million, or 43 cents a share. Revenues jumped 26.4 percent to $569.7 million. Double-digit improvements were seen in its domestic and international wholesale and Skechers compan
Under Armour Sues Sketchers Over Ad Campaign
Under Armour sued Sketchers USA for copying the look and feel of Under Armour “Protect This House” ad campaign…
Imports Rising Even as Threat of West Coast Ports Shutdown Looms
Import cargo volume at the nation’s major retail container ports is expected to rise 10.1 percent this month over the same time last year even as West Coast ports come closer to a possible shutdown due to the lack of a contract with dockworkers, acc
Shimano’s Revenues Jump 22.2 Percent in 2014
Shimano reported revenues rose 22.2 percent to ¥333.17 billion ($2.78 bn) in the year ended Dec. 31, from ¥271.0 billion a year ago. Net income jumped 46.0 percent to ¥51.2 billion ($427.3 mm)…
Skechers Q4 Earnings Soar, Backlogs Up 60 Percent
Capping off a strong bounce-back year, Skechers USA reported earnings rose 54.7 percent the fourth quarter, to $21.9 million, or 43 cents a share. Revenues jumped 26.4 percent to $569.7 million…
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