Helped by a better-than-expected performance by its Wholesale segment and healthy back-to-school selling at Famous Footwear, Brown Shoe Inc. reported third-quarter earnings rose 21.2 percent to $33.1 million, or 75 cents a share.Results topped Wall Street
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
WSS Footwear Retailer Plans To Open 23 Jordan Shops
California-based shoe retailer WSS plans on opening as many as 23 Brand Jordan Shops within its stores by the end of 2015…
PGA Tour Superstore Opens in Orlando
PGA Tour Superstore on Dec. 6 will open its first interactive Orlando retail store. The 50,000 square foot store, located at 7603 Turkey Lake Road near the intersection of West Sand Lake Road in Bayhill Plaza, is the PGA Tour Superstore’s 21st locat
L Capital Asia Invests in Seafolly
Seafolly, one of Australia’s top swimwear brands, has agreed to sell controlling interest to L Capital Asia, the Asian private equity fund sponsored by LVMH Moët Hennessy Louis Vuitton S.A. (LVMH) for…

Patagonia to Hold Clothing Swap Events on Black Friday
Patagonia has tapped the start-up Yerdle.com to run events at eight Patagonia stores on Black Friday where customers can swap used Patagonia apparel for something “on the rack.” Customer who can't find something they like can exchange their used appa
VF Corp Improves Carbon Disclosure Project Score
VF Corporation has achieved its highest-ever score – 90 out of 100 – on the 2014 S&P 500 Climate Change Report by the Carbon Disclosure Project…
NOCSAE Voids Certification of Two Lacrosse Helmet Models
In an unusual move, The National Operating Committee on Standards for Athletic Equipment (NOCSAE) last week voided the NOCSAE certification ratings for both the Warrior Regulator and the Cascade Model R lacrosse helmets…
Reebok Acquires U.K. MMA and Boxing Brand
Reebok International, which is owned by Adidas, has acquired the U.K.-based, boxing and martial arts brand, Luta. Perhaps more importantly, Reebok acquired Fight for Peace, a non-profit that uses boxing and martial arts, combined with education and person
DSW Exceeds Street Guidance in Q3
DSW Inc. reported third-quarter earnings declined 9.8 percent to $49.6 million, or 55 cents a share. But earnings came in better than Wall Street estimates and sales in all major categories accelerated compared to the first half. Comparable sales increase
Brown Shoe’s Q3 Profits Climb 21 Percent
Brown Shoe Company reported third quarter earnings rose 21.2 percent to $33.1 million, or 75 cents per share. Revenues rose 3.8 percent. Wholesale segment sales jumped 18.2 percent with both Healthy Living and Contemporary Fashion contributing strong doub
Under Armour Senior Advisor Steps Down
Under Armour Inc. disclosed that Byron K. Adams Jr. has left his post as senior advisor to Chairman and CEO Kevin Plank, effective Friday…

Reebok Acquires Luta Sportswear
Reebok International, which is owned by Adidas, has acquired has the U.K.-based, boxing and martial arts brand, Luta. Reebok also established a long-term alliance with Fight for Peace, a non-profit organization which combines boxing and martial arts with
Warrior Comments on NOCSAE De-Certification
Warrior Sports, Inc. said it disagreed and was “disappointed” with the decision by the National Operating Committee on Standards for Athletic Equipment (NOCSAE) to void the NOCSAE certification for the Warrior Regulator lacrosse helmet…

Shoe Carnival Raises Over $154,000 for Breast Cancer Research
For the month of October, Shoe Carnival supported breast cancer awareness by selling pink wristbands and donating the proceeds to the Breast Cancer Research Foundation. Shoe Carnival was able to raise over $154,000 in donations…

BackJoy Gains Minority Investment
BackJoy Orthotics, LLC. has received a minority investment from Sandbridge Capital, which recently took a stake in Rossignol. BackJoy is best known for its SitSmart Pro seat accessory that supports the back but has expanded into footwear, sports bras, spo