VF Corp. reported third quarter revenues rose 7% to $2.32 billion from $2.09 billion in the third quarter of 2009. On a constant currency basis, revenues increased 8%. Net income rose 11% to $242.8 million, or $2.22 a share. Global revenues for The North
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Russell Athletic Partners with the Harlem Globetrotters
Russell Athletic has signed a three-year deal to become the official uniform, practice gear and travel gear provider for the Harlem Globetrotters. Under the agreement, sister companies Brooks will be the Globetrotters' official supplier of casual foo
Clif Bar Unveils Solar-Powered Headquarters
Clif Bar & Company, the maker of all-natural and organic sports nutrition snacks, unveiled its new 115,000 square foot energy-efficient headquarters, located in Emeryville, CA…
Columbia Sportswear Raises Guidance on 12% Backlog Gain
Columbia Sportswear reported sales increased 16% in the third quarter to $504.0 million, while net income rose 11% to $52.2 million. A 12% gain in Spring 2011 wholesale backlog, meanwhile, prompted the company to up its guidance on sales growth for the ye
Amazon.com’s Q3 Revenues Surge 39%
Amazon.com, Inc., the parent of Zappos, reported sales increased 39% to $7.56 billion in the third quarter, compared with $5.45 billion in third quarter 2009. Excluding the $83 million unfavorable impact from year-over-year changes in foreign exchange rat
Soles4Souls Names Unishippers Shipping Partner of Choice
Soles4Souls, the international shoe charity, named Unishippers as their select shipping partner. The shipping company will now offer aggressive discounts to individuals donating on behalf of the shoe charity…
Collective Brands Sees Long-Term EPS Growth of 12-16%
At its annual investor meeting, Collective Brands' management provided long-term growth targets for the company, including net sales growth of 3-5%, operating profit growth of 9-12%, and earnings per share growth of 12-16%. Management outlined growth
ENK Hires John Ruffo as EVP
ENK International said John Ruffo will become executive vice president of the ENK Footwear Group, which produces the WSA and Sole Commerce shows…
Former Adidas Marketing Manager Accused of Mail Fraud
A former marketing manager at Adidas North America has been accused of mail fraud, fraudulently funneling more than $300,000 to a relative's girlfriend, according to a federal indictment…
Payless Reaches Franchise Deals in Mexico and Indonesia
Collective Brands, Inc. announced that its Payless ShoeSource unit has signed two new franchise deals to bring the Payless retail chain to new international markets beginning next year, including opening Payless stores in Mexico, Indonesia, Malaysia and S
Toms Shoes Partners with World Vision
Toms Shoes and humanitarian agency World Vision have launched a new partnership to provide children in more than a dozen developing countries with new shoes to protect their health and empower them to stay in school…
Allen Edmonds to Launch $3M Expansion
Allen Edmonds Shoe Corp. is adding a new shoe-production line to its Port Washington headquarters that could create 200 new jobs with the help of a $1.5 million forgivable loan from the state of Wisconsin…
JJB Sports, Sports Direct Cleared of Fraud Charges
JJB Sports Plc, the U.K.'s third- largest sporting goods retailer, said the Serious Fraud Office completed its investigation into the company and Sports Direct International Plc and decided no charges are to be brought against the companies…
Modell’s Launches Winter Shops
Modell's Sporting Goods launched their first ever Winter Shop to be featured in each of the chain's 146 stores this holiday season…
Shape-ups Campaign to Star Karl Malone
Skechers USA, Inc. announced that the company is launching a series of Shape-ups fitness footwear television spots starring NBA basketball legend Karl Malone along with guest star Kareem Abdul-Jabbar. The spots follow Shape-up commercials featuring NFL le
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