Dick's Sporting Goods, Inc. reported net income more than doubled in the first quarter ended May 1, to $26.2 million, or 22 a share, from $10.2 million, or 9 cents, a year ago. Earnings were well above previous guidance of 12 cents to 13 cents a shar
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
New Balance Raleigh-Durham Sponsors VYPE High School Sports Conference
VYPE High School Sports Conference and Expo announced that New Balance Raleigh-Durham has signed on as a varsity sponsor of the event and will have two New Balance Athletes at its booth to share insights, sign autographs and meet local high school athlete
Life Distribution to Acquire Split Clothing
Life Distribution LLC, the owner of Ambiguous Clothing, has acquired Split Clothing with plans to bring the brand back with a young men's collection in spring 2011 and a girl's collection in fall 2011…
Skechers Launching Branded Line of Backpacks and Bags
Skechers USA, Inc. has signed a licensing agreement with Global Design Concepts to design, produce and distribute Skechers -branded backpacks, messenger and tote bags for men, women and kids…
WTO Agrees to Probe EU Duties on Chinese Footwear
World Trade Organization judges agreed to investigate whether European Union anti-dumping tariffs on Chinese shoes unfairly harm China's exporters…
Nordstrom Raises Dividend by 25%
Nordstrom Inc. said its board boosted its quarterly cash dividend by 25 percent to 20 cents per share…
Saks Swings to a First-Quarter Profit
Saks Inc. reported net income of $18.8 million, or 11 cents per share, during the first quarter ended May 1, compared to a loss of $5.1 million, or 4 cents a share, a year earlier…
April Retail Sales Show Continued Momentum
April retail industry sales (which exclude automobiles, gas stations, and restaurants) increased 0.5% seasonally adjusted over March and 4.6% unadjusted year-over-year. With a constantly-shifting Easter holiday, retailers typically look at March and April
NexCen Brands’ Q1 Sales Slide 16%
NexCen Brands, Inc., the parent of The Athlete's Foot, reported total revenues in the first quarter of 2010 decreased 16% to $10.0 million from $12.0 million in the first quarter of 2009. The decrease is primarily due to current economic conditions,
Shaz Kahng Named President of Lucy Activewear
VF Outdoor Americas announced that Shaz Kahng has joined lucy activewear as president. Most recently, she was the Global Director of Business Development of Women's Training at Nike, after serving as Global GM of Nike Cycling…
McDavid and Junior Rank Sponsor New Camp for Elite Young Athletes
McDavid Inc. finalized a partnership with Junior Rank, known nationally for discovering, ranking and rewarding young athletes, to sponsor the first-ever Elite Diamond Flight Camp and outfit the best of the bunch…
American Heart Association Endorses Nintendo Wii
The American Heart Association's 'Heart Check' logo will appear on the Nintendo Wii and select software titles' packaging in an exclusive arrangement. The health organization cites the Wii's fitness focus and the need to reach out
J.C. Penney’s Q1 Earnings More Than Double
J.C. Penney Co.said earnings more than doubled in its first quarter, helped by lower pension-expense charges and an uptick in sales, but the retailer took a guarded view of the rest of the year…
Implus’ Grassroots Campaigns Boosts Brand Recognition
Implus, the owner of Sof Sole and Yaktrax, said it continues to increase their consumer brand loyalty through their social media outreach programs…
Michael Egeck Named President Of True Religion Apparel
Michael Egeck, the former president of The North Face brand, was named president of True Religion Apparel, the designer jeans company…
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