Value City Department Stores filed for Chapter 11 bankruptcy protection and plans to close its remaining 66 stores as it faces declining sales and an “increasingly competitive” environment for discount retailing. DSW Inc. is the largest unsecured creditor
Category: Apparel
City Sports Relocates HQ to Boston
City Sports moved its corporate headquarters from Wilmington, MA, to Boston's North End. The new City Sports office is located at 77 North Washington Street. The company's distribution center will remain in Wilmington. It also announced plans to
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
Escalade Suffers Q3 Loss; Sporting Goods Revenues Drop 39.8%
Escalade, Inc.'s revenues for the third quarter dropped 32.8% to $40.8 million from $60.7 million in the prior year. A net loss of $1.4 million, or 11 cents per share, compared to net income of $3.1 million, or 24 cents, in the prior year. Sporting G
NexCen Brands Expands Franchised Stores Internationally
NexCen Brands, Inc. announced that it has expanded its franchised stores internationally through the opening of 43 stores to date in 2008 outside the United States and through the entry into multi-year agreements that provide for the opening of a minimum
Liz Claiborne Sells Enyce to Sean John
Liz Claiborne Inc. plans to sell its Enyce urban clothing brand to Sean “Diddy” Combs, the Grammy-winning musician and entrepreneur, for an undisclosed sum. Claiborne, which bought the denim-based streetwear line for $114 million from former Fila parent,
REI to Open Second New Jersey Store Next Fall
Recreational Equipment, Inc. (REI) plans to open a new store in East Hanover, NJ in the fall of 2009. Located at Route 10 and Murray Road, the 30,000 square-foot store will offer the top brands of gear and apparel for outdoor recreation…
Retailers Urged to Promote Learn-A-SnowSport Month
Thirteen industry resort associations representing 22 states are teaming with five national associations to will offer special free or discounted packages for children and adults who want to learn an outdoor winter activity. Retailers are urged to work w
Swimskin Maker blueseventy Names New CEO
Tim Moxey is stepping back from his role as CEO at blueseventy – a maker of swim skins for triathletes – so he can focus more on nuun active hydration. Taking his place will be 8-year blueseventy veteran Steve Nicholls…
GoLite Hires Donley Morton as Marketing Director
Lightweight apparel and gear maker GoLite has named former OIA marketing director Dana Donley Morton as its marketing director. Effective Oct. 30, Morton will report directly to GoLite Co-Founder and President Demetri Coupounas.
A.T. Cross Co. Q3 Consolidated Sales Increase 11%
A.T. Cross saw consolidated sales for the third quarter ended Sept. 27, 2008 increase 11% to $39.0 million compared to $35.1 million in the third quarter of 2007. The company’s optical segment, which now includes the Native Eyewear business, had a third q
A.T. Cross Co. Q3 Consolidated Sales Increase 11%
A.T. Cross saw consolidated sales for the third quarter ended Sept. 27, increase 11% to $39 million compared to $35.1 million in the third quarter of 2007. The company’s optical segment, which now includes the Native Eyewear business, had a third quarter
GSI Commerce Revenues Rise 36%, Earnings Outlook Stable
GSI Commerce said it lost more money on operations despite a 36% increase in net revenues to $186.8 million in the third quarter ended Sept. 27. Still, the company is on track to meet its earnings guidance thanks to better than planned operating margins..
New Balance Selects CenterStone for Online B2B e-Commerce in Europe
New Balance EMEA has selected CenterStone’s iVendix B2B e-Commerce application. iVendix will provide New Balance’s sales force and more than 4,000 dealers with a 24/7 on-line ordering solution in EMEA. New Balance dealers and sales reps now will be able t
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