Under Armour, Inc. announced that David McCreight is resigning as president of the Company, effective August 20, 2010. Kevin Plank, chief executive officer, chairman and former president of the company, will assume the duties of president, including manag
Category: Footwear
Alabama Outdoors Sold to Investor Group
Alabama Outdoors Inc. has been sold to SMAO LLC, an investment group led by Scott McCrory, who will now serve as president of Alabama Outdoors…
RECALL: Felt Bicycles
Citing faulty steer tubes, Felt Bicycles has issued a voluntary recall on its 2009 model B12, B16, and S32; roughly 2,100 bicycles sold through specialty stores nationwide from October 2008 through May 2010…
SmartWool Promotes Three
SmartWool Corporation said three internal candidates have been promoted to fill the newly created positions of general manager, international business; chief financial officer; and vice president,value chain…
RECALL: Wading Staffs
Citing a faulty detect button, Simms Fishing Products has issued a voluntary recall on certain 2010 model Wading Staffs sold through authorized Simms dealers from March 1, 2010 through June 17, 2010…
Golfsmith Secures $90M Loan; Opening 14 Stores
Golfsmith completed an amendment and extension of its revolving credit facility with GE Antares Capital…
Cornell May Cut Nike License Over Honduran Issues
Without “significant progress” in resolving an ongoing labor dispute in Honduras, Cornell University said it will end its licensing agreement with Nike by the close of the year…
Outdoor Footwear Vendors May See MTB Relief
Outdoor footwear retailers and vendors got mixed news Thursday when the House Ways & Means Committee posted a proposed Miscellaneous Tariff Bill (MTB) that would restore duty relief on trail runners and other outdoor products retroactive to Jan. 1, 2010,
Patagonia Takes Direct Action in Gulf Clean Up
Patagonia will send ten employees weekly to affected costal regions in the Gulf to work with long-term Patagonia grantee, the Louisiana Bucket Brigade, in oil-spill relief efforts. All employee wages and expenses will be paid in full during volunteer time
Stage Stores June Comps Dip 1.3%
Stage Stores, Inc. reported that its total sales for the five week June period ended July 3, 2010 increased 1.3% to $129 million from $128 million in the prior year five week period ended July 4, 2009. Comparable store sales decreased 1.2%…
Stein Mart’s Weak Comps Can’t Compensate for Fewer Stores
Stein Mart, Inc. reported sales for the five weeks ended July 3 declined 1.5% despite a 0.6% increase in comp store sales during the June reporting period. The discount department store said its year-to-date sales are now off 5.0% on a 3.1% comps decline.
NRF Releases Blueprint for Retailers to Leverage Mobile Technology
Nearly three-quarters of retailers are exploring mobile strategies, according to a recent Shop.org survey. However, 62% have either not yet begun or are only in the early stages of planning their mobile strategy. This alarming gap shows that many retaile
Macy’s, Inc. Same-Store Sales up 6.5% in June
Macy's, Inc. reported total sales of $2.23 billion for the five weeks ended July 3, 2010, an increase of 9.0% compared with total sales of $2.044 billion in the five weeks ended July 4, 2009. On a same-store basis, Macy's, Inc. sales were up 6.5
BJ’s Wholesale Jumps 7.9% in June Comps
BJ's Wholesale Club, Inc. (NYSE: BJ) today reported that sales for June 2010 increased by 7.9% to $1.08 billion, from $1.00 billion in June 2009…
Dillard’s Comp and Total Sales Up 2% in June
Dillard’s, Inc.'s merchandise sales increased 2% to $506.4 million for the five weeks ended July 3, 2010, compared to $497.2 million reached during the five weeks ended July 4, 2009. Comp stores sales also rose 2% during the five-week period…
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