Foot Locker Inc. announced a series to strategies to reach a goal of annual sales of $6 billion and net income margin of 5% over the next five years. At an analyst meeting, Ken C. Hicks, its new chairman and CEO, said the new strategy includes a increased
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Stage Stores Q4 Profit Gains 10%
Stage Stores Inc. reported its fiscal fourth-quarter profit rose 10% to $27.9 million, or 72 cents, for the period ended Jan. 30, up from $25.3 million, or 67 cents per share, a year ago. Sales fell 5% to $431.7 million from $455.8 million…
Neiman Marcus Rebounds, Posts Profit
Neiman Marcus Group Inc. swung to a fiscal second-quarter profit after steep write-downs weighed on year-ago results. For the quarter ended Jan. 30, Neiman Marcus posted a profit of $4 million, compared with a year-earlier loss of $509.3 million. The year
Spyder Names Director of Marketing
After serving as Director of Marketing for nearly 20 years, Kathy Carroll has left Spyder to pursue new personal and career opportunities. Stepping into the position is Laura Wisner, who previously held the post of senior marketing manager…
SIA: Snow Market Flat In January
According to the SnowSports Industries America (SIA) Retail Audit Report, Snow Sports market sales reached $2.26 billion in January with a 0.4% gain in dollars sold compared with August through January last season. Significant declines in the West and Nor
Deuter USA Hires The Walton Works as PR Agency
Deuter USA has hired The Walton Works as their public relations connector effective immediately…
Craig Williams acquires Body Bar
Body Bar Inc. a premier fitness company specializing in products and educational tools for fitness enthusiasts of all ages and abilities, announced that Craig Williams has acquired Body Bar Inc., and will join the company as president, effective immediate
Yue Yuen’s Sales Grew 5.6% in February
Yue Yuen Industrial (Holdings) said operating revenue in February grew 5.6% to US $391.83 million, whereas its operating revenue was $371 million in the same month of 2009…
Forzani Named Official Partner of CJGA
The Canadian Junior Golf Association (CJGA) announced a three year partnership with The Forzani Group Ltd. as an Official Partner of the CJGA….
New Era Cap to Sponsor Pinstripe Bowl
New Era Cap Co. Inc. will be the title sponsor of the first-ever college football bowl game to be held at Yankee Stadium…
Is Toning Footwear a Trend or Fad?
Is it another Heely's, another Crocs, or is it another Reebok Freestyle. That's the question many in the market are asking as they attempt to assess the long-term upside the the toning footwear category. Excitement around the category was the b
New Balance Honored by Run Walk Ride Fundraising Council
Run Walk Ride Fundraising Council has honored New Balance with a Run Walk Ride Pacesetter Award for Best Sponsorship Activation for the company's marketing program which celebrated New Balance's 20 year partnership with Susan G. Komen for the Cu
Payless ShoeSource to Launch Beauty Products
Payless ShoeSource announced an alliance with Maesa Group to create a collection of new beauty and body care products to be available exclusively in about 1,500 Payless ShoeSource stores this fall…
Target Announces Debut of Shaun White Shoes
Target announced the launch of Shaun White Shoes, an exclusive skate collection, which will debut nationwide in early fall 2010…
Payless Launches Champion Toning Footwear Collection
Payless ShoeSource announced the launch of Champion Fitness, a line of toning shoes for women ranging in price from $25 to $40…
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