L.L. Bean said it wrapped up year of record profits and an overall sales gain of 3 percent. It also announced plans to make a $100 million investment to improve and expand its online and retail operations…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
L.L. Bean Reports Record 2013 Year End Results
L.L. Bean reported sales rose 3.0 percent to $1.56 billion in 2013 enabling it to contribute an additional $40 million to fully fund its defined benefit pension program. The Maine retailer plans to pay an 8 percent performance bonus to its approximately 5
Foot Locker’s Q4 Earnings Climb on 5.3 Percent Comp Gain
Foot Locker Inc. reported fourth quarter sales increased 4.6 percent, to $1.79 billion with same-store sales up 5.3 percent. Earnings increased 18 percent to 81 cents per share, besting Wall Street expectations. Full-year comps grew 4.2 percent for the p
Quiksilver Slow Turnaround Continues
Once again, Quiksilver Inc. can’t seem to catch that wave.
The surf apparel giant reported that it narrowed its pro-forma loss from continuing operations in its first quarter ended Jan. 31, to $16 million, or 10 cents per share, compared with a los
Dick’s SG Launches Campaign to Fund Youth Sports
Dick’s Sporting Goods and The Dick’s Sporting Goods Foundation announced a $25 million multi-year commitment to support youth athletic programs including donations to local sports teams and the launch of the Dick’s Foundation's “Spo
Crocs Enters Third Year of Fashion-Forward Blogger Program
Crocs, Inc. announced the third year of the brand's style blogger program. Three well-respected style and fashion bloggers are taking part in the 2014 CrocStyle Insider program to help preview and showcase new styles of Crocs shoes…
Crocs Enters Third Year of Fashion-Forward Blogger Program
Crocs, Inc. announced the third year of the brand's style blogger program. Three well-respected style and fashion bloggers are taking part in the 2014 CrocStyle Insider program to help preview and showcase new styles of Crocs shoes…
Surf Expo Hires New Addition to Sales Team
Surf Expo announces the return of industry veteran Nikki Houston Duroe to the sales team. Houston Duroe will oversee the sales of Surf Expo’s Swim, Lifestyle, Boutique and Footwear categories…
Electric Names Global Lifestyle and Surf Marketing Manager
Electric announced that Ian Foulke has joined the company as global lifestyle & surf marketing manager…
Quiksilver Trims Q4 Loss
Quiksilver Inc, the parent of Quiksilver, Roxy and DC Shoes, reported revenues declined 4.6 percent in its first quarter ended Jan. 31, to $393 million compared with $412 million a year ago. Revenues were down 2 percent, or $9 million, in constant currenc
Zumiez’s Comps Increase 2.0 Percent
Zumiez Inc. announced that total net sales for the four-week period ended Mar. 1, increased 8.8 percent to $48.4 million, compared to $44.5 million a year ago The company's comparable store sales increased 2.0 percent…
Report: Under Armour to Open Store in Georgetown
Under Armour plans to open a a store in Georgetown, according to a report in the Washington Business Journal. The Brand House outpost is expected to open at the corner of M Street and Wisconsin Avenue…
Adidas’ Outlook Dampened by Currency Woes
Excluding the impact of currency-fluctuations, Adidas Group reported a blowout fourth quarter, with currency-neutral (C-N) sales ahead 12 percent and operating profit up almost fourfold compared to the prior year. On a C-N basis, Adidas Brand sales grew 1
Under Armour Announces Promotions
Under Armour Inc. announced a number of promotions across its organization to support its growth. Among those receiving promotions were Jason Archer, Brian Boring, Kelly Cortina, Dave Dombrow and Josh Rattet…
RVCA Appoints VP of Marketing
Brian Cassaro has been named as RVCA’s new VP Of Marketing…
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