Big Rock Sports has joined forces with the Future Fisherman Foundation (F3) to help support the sport of fishing for generations to come….
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Brown Shoe Returns to Profitability in Q1; Famous Footwear’s Comps Climb 15.5%
Brown Shoe reported sales for the first quarter increased 10.9% to $597.7 million. Comps jumped 15.5% at Famous Footwear and 16.2% at its Specialty Retail segment. Earnings reached $10.0 million, or 23 cents per diluted share, compared with a net loss of
GSI Commerce Extends Agreement with Timberland
GSI Commerce Inc. has extended and expanded a multiyear agreement to provide The Timberland Company with e-commerce technology, order processing and customer care services for their U.S. and European Web stores…
Steve Madden Extends Stock Buyback Plan
Steve Madden Ltd. plans to buy back an additional $50 million of stock, using cash on hand…
Puma Commits to Sustainability Reporting
Puma expanded its project in cooperation with The Global Reporting Initiative (GRI) and the Gesellschaft für Technische Zusammenarbeit (GTZ) in GRI's GANTSCh program which supports supplier factories to report on their social and environmental initi
Patagonia’s Sales Reach $340MM in FY10
Patagonia had its “two best years ever” during the downturn, according to an interview by Entrepreneur Magazine with founder and owner Yvon Chouinard. Sales are expected to reach near $340 million in its year ended April 2010, up from $315 million over th
DSW’s First-Quarter Earnings Soar
DSW Inc. reported first-quarter earnings increased four-fold to $30.2 million, or 67 cents a share, from 16 cents, a year ago. Sales grew to $449.5 million from $385.8 million. Same store sales increased 16.2% versus a decrease of 4.7% last year…
Zappos-Owned 6pm.com Glitch Costs $1.6MM
6pm.com, a sister site of Zappos.com, accidentally priced all of its products at $49.95 on Friday, costing the company $1.6 million…
ICSC Cuts May U.S. Same-Store View
The International Council of Shopping Centers said U.S. retail sales in May are so far coming in worse than originally expected. It now expects sales during the month to be up 2% to 2.5%. The group had previously forecast an increase of about 3.5%…
Report: Kevin Garnett Signs with Chinese-brand ANTA
Despite signing a “lifetime endorsement deal” with adidas in 2003, Boston Celtics star Kevin Garnett has reportedly signed an endorsement deal with the Chinese-brand ANTA for the coming season…
Tefron Undergoes Management Changes
Tefron Ltd. appointed Ilan Gilboa as executive vice president for operations and customer support. The company also announced the departure of Amit Tal as chief marketing officer, who has resigned and chosen to take a position with another company…
Bike Friendly State Rankings Unveiled
The League of American Bicyclists have unveiled their third annual Bicycle Friendly State (BFS) rankings. The top states were: Washington, Wisconsin, Maine, Minnesota and Oregon…
Sport Supply Group Acquires Kattus Pro Team Sports
Sport Supply Group has acquired Kattus Pro Team Sports in Cincinnati, OH. Eric Kattus, owner of Kattus Pro Team Sports, will be joining the Sport Supply Group with his sales team…
PVH Posts Loss on Hilfiger Charge
Phillips-Van Heusen Corp., the parent of G.H. Bass, swung to a first-quarter loss due to charges related to its acquisition of Tommy Hilfiger…
O’Neill Girls Hires Directors to Lead Marketing and Design
O'Neill hired Cedar Carter to lead marketing efforts for the O'Neill Girls brand. In her new role, Carter will oversee O'Neill Girls advertising campaigns, promotions and in-store retail activity, and assist in managing public relations ef