Gildan Activewear reported earnings rose 8.7 percent in its fourth quarter ended Sept. 29 on an 11.8 percent revenue gain. The growth in earnings was due to strong gains in revenues in both its Printwear and Branded Apparel segments as well as lower cotto
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Perry Ellis Logs Q3 Loss
Perry Ellis International reported a loss of $3 million, or 20 cents a share, in the third quarter ended Nov. 2, in line with lowered guidance given on Nov. 13…
Hoka One One to Sponsor JFK 50 Mile Run
Hoka One One, a division of Decker’s Outdoor Corporation, announced their lead sponsorship of the upcoming 2013 JFK 50 Mile Run, which marks its 50th Anniversary on Nov. 23, 2013…
The Buckle’s Q3 Net Slides
The Buckle, Inc. reported third-quarter earnings declined slightly to $40.6 million, or 85 cents a share, from $41.9 million, or 89 cents, a year ago. Same-store sales decreased 0.5 percent…
Stage Stores’s Q3 Comps Slump
Stage Stores Inc. reported sales for the third quarter ended Oct. 27 decreased 2.8 percent to $360 million from $371 million in the prior year quarter. Comparable store sales decreased 4.6 percent…
Asics America to Sponsor Foot Locker Cross Country Championships
Foot Locker announced that Asics America will be the presenting sponsor and official apparel, footwear and accessories provider for the Foot Locker Cross Country Championships through 2015…
Nike Increases Quarterly Dividend
Nike, Inc. announced that its board of directors has declared a 14 percent increase overall in its quarterly dividend…
Ross Stores Q3 Profits Grow 11 Percent
Ross Stores, Inc. reported earnings per share for the 13 weeks ended Nov. 2, 2013 of 80 cents a share, up from 72 cents a year ago. These results reflect an 11 percent increase on top of a 14 percent gain in the third quarter of 2012…
Olympic Champion Swimmer Partners with Tommie Copper
Tommie Copper, a performance apparel startup, appointed Dara Torres as official brand ambassador. The newly formed partnership kicks off with two new television shows aimed at showcasing inspiring stories of ordinary people doing extraordinary things with
Huffy Partners with Marvel Entertainment
Marvel Entertainment, LLC and Huffy, the bike manufacturer in the United States, have announced that they will develop a new line of bicycles, tricycles, scooters and accessories that will introduce Super Heroic action and fun to the category…
Lacoste’s Footwear President Exits
Andy Simister, brand president of the Lacoste footwear division, has left the company to explore new opportunities. He had been global president of the brand’s footwear division for 17 years…
Penney’s 3Q Loss Widens, But Improvement Seen
J. C. Penney Company, Inc. reported a loss of $489 million, or $1.94 per share, in the third quarter after special charges but pointed to improving sales trends. The retailer said it achieved positive comparable store sales in October and comparable store
GoPro Founder Named National EY Entrepreneur Of The Year
Nicholas ( Nick) Woodman, Founder and CEO of GoPro, has been named the 2013 National EY (Ernst & Young) Entrepreneur of the Year 2013 in the Retail and Consumer Products category. Other finalists in the category included Jim Weber, CEO, Brooks Sports, Inc
Alliance for Bangladesh Worker Safety Helps Establish Fire and Safety Standards
Earlier this month in Dhaka, Bangladesh, the International Labour Organization (ILO), technical experts from the Alliance for Bangladesh Worker Safety, the Accord on Fire and Building Safety, and the Bangladesh University of Engineering and Technology (BU
Endurance House Opens Fourth Store
Endurance House, a new franchisee specialty retailer particularly catering to triathlon, iron-distance triathlon and marathon competitors, opened its fourth store. The store in Oceanside, CA is at 401 North Coast Highway, Suite 103, (off Highway 101 near