Iconix Sees 21% Hike in Q4 Revenues

Iconix Brand Group, Inc. reported revenue for the fourth quarter of 2009 was approximately $65.8 million, a 21% increase as compared to approximately $54.3 million in the fourth quarter of 2008…

Finish Line Secures Credit Facility

The Finish Line, Inc. entered into an unsecured $50 million revolving credit facility credit agreement. The facility, which expires on March 1, 2013, provides that, under certain circumstances, the company may increase the aggregate maximum amount of the

Cloudveil President/Co-Founder Resigns

Cloudveil said its co-founder/president Stephen Sullivan has resigned. As reported, Spyder Active Sports last week sold the outerwear firm to Windsong Brands LLC, a private equity firm based in Westport, CT. In a statement Sullivan said his resignation wa

Murphy USA Launches Youth Sports Sponsorship Site

Murphy USA, the discount gas station chain based in Arizona, launched their new Youth Sports Team Sponsorship website, www.teammurphyusa.com, in January 2010 in an effort to expand their community outreach in the upcoming years…

Consumer Confidence Plummets

The Conference Board, a New York-based research group, said its Consumer Confidence Index fell to 46.0 in February from 56.5 in January. According to a Briefing.com consensus survey, economists expected the index to fall slightly to 55.0 from 55.9…

New Balance Launches New Balance 365 Project

New Balance launched New Balance 365, a collection of 365 short films that engages consumers 365 days a year by asking them to think about “the balance.” One 20 second short film that creatively explores the idea of “the balance” will post live each morn

Zumiez Relocating Washington DC to California

Zumiez Inc. will be closing its Everett Distribution Center and relocating this portion of its business to Corona, CA. The company's headquarters, corporate offices and e-commerce division will remain in Everett, WA. About 170 jobs will be eliminated