Sears Holdings Corp. reported a surge in fourth-quarter profit, reflecting improved gross margins and the absence of last year's costs related to store closings and severance. Revenues declined year-on-year, but exceeded analysts' expectations,
Category: Footwear
Macy’s Returns to Profitability; Outlook Remains Cautious
Macy's Inc posted better-than-expected profit for the fourth quarter and forecast an improvement in same-store sales this year. Sales fell 1.1% to $7.85 billion. Comp stores slid 0.8%, but that was better than the Cincinnati-based company's fore
JetBoil Names Midwest Rep
Jetboil has added Adventure Sport Marketing to manage its Midwest territory. The agency brings more than 20 years of experience and passion for the outdoors to the Jetboil brand…
Hincapie Sportswear Names Rep for Southwestern States
Hincapie Sportswear has hired Chris Gould as retail sales representatives for the brand in Las Vegas, NV; Arizona; New Mexico and El Paso, TX. Effective immediately, Gould will represent Hincapie for retail cycling apparel and accessory sales to independ
Adidas and NBA Launch NBA Shop at Champs Sports
The National Basketball Association (NBA), adidas, and Champs Sport announced the launch of the Official NBA Shop at Champs Sports. The NBA Shop will debut in 69 Champs Sports stores this month and will be in the remaining 486 Champs Sports stores nationw
Skechers Swings to Q4 Profit on Surge in Sales
Seeing momentum across its lines, Skechers USA Inc. reported sales grew 30.4% in the fourth quarter to $388.6 million. Backlogs were up 40% as of Dec. 31 and are running even higher so far in the first quarter…
Billabong Sees Weakness Continue in North America
Billabong International Limited said currency fluctuations pushed sales in its Americas segment down 6.2% to A$317.5 million ($282.9 million) in constant-currency terms for the fiscal first half ended Dec. 31…
Spyder Divests Cloudveil; New PE Firm Taps Jim Reilly as President
Cloudveil has been sold yet again. This time, Spyder Active Sports sold the brand to Windsong Brands, a private equity firm based in Westport, CT. The new owners plan to quickly expand distribution of the brand within the outdoor specialty channel as well
Reebok Addresses El Salvador Sweatshop Allegations
In response to a report from that National Labor Committee that claimed that NFL jerseys were sewn under illegal sweatshop conditions in El Salvador, Reebok issued a statement last week saying it had conducted its own initial investigation and “believe th
OR Senate Shoots Down BPA Ban
Oregon's state Senate rejected a bill last week that would have banned BPA, or bisphenol-A, from baby bottles and sippy cups, after opponents concluded it might backfire on the state's food industry…
Evinrude Announces Ambassadors
BRP has introduced a team of four elite anglers as official ambassadors to Evinrude outboard engines. Dubbed “The E-TEAM,” the group will tour the U.S. over the next four months, outfitted with the Evinrude technology, sharing real experiences and interac
USFW Announces Firearms Rule Change for Possession in Nat’l Wildlife Refuges
The U.S. Fish and Wildlife Service said on Monday that effective February 22, 2010, the rules governing possession of firearms on National Wildlife Refuges will change as a result of legislation enacted by Congress. After this date, the law allows an indi
L-3 Communications to Acquire Insight Technology Inc.
L-3 Communications said late last week that it has entered into an agreement to acquire Insight Technology Incorporated (Insight)…
Quiksilver Claims Victory in Roxywear Lawsuit
Quiksilver, Inc. said it had once again prevailed in its Federal court trial against Kymsta Corporation and Kymsta's claims against Quiksilver and Quiksilver's “Roxy” trademark. Kymsta had appealed Quiksilver's last two trial victories in t
Nautilus Plant in Grayson, Co. Sold
The Nautilus plant in Grayson County, CO, has been sold to Med-Fit Systems…
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