Kohl’s Corp reported that sales for the four-weeks ended August 30, increased 2.6% to $1.26 billion from $1.22 billion a year ago. On a comparable store basis, sales decreased 5.8%…
Category: Footwear
Costco’s U.S. Comps Climb 9% in August
Costco Wholesale Corporation reported net sales increased 12% to $5.41 billion for the month of August from $4.84 billion a year ago. On a same-store basis, sales grew 9% in the U.S. and 6% internationally…
Mountain High Knitwear Acquires K-Swiss Sock License
Hosiery supplier Mountain High Knitwear has acquired the sock license for K-Swiss. The new high-tech performance line targeted for serious athletes in tennis, running and cross-training rolls out Spring 2009…
SIA Announces 08-09 SnowSports Regional Rep of the Year Winners
SnowSports Industries America (SIA) has announced the winners of the 2008-09 SIA SnowSports Regional Rep of the Year Award. In its third year, this award recognizes those sales reps in the snow sports industry that have successfully fostered relationships
Collective Brands Profits Jump Before Litigation Charges
Collective Brands, Inc. reported second-quarter EPS rose 42.1% excluding special charges, to $33.6 million, 54 cents a share, from $24.9 million, or 38 cents, a year ago. After including pre-tax expenses of $36.2 million, or 41 cents a share, related to l
NexCen Board Member Resigns
Jack Rovner has resigned from the board of NexCen Brands, Inc., the parent of The Athlete's Foot. He was elected director of the company in October of 2006. Rovner is the co-owner and partner of Vector Management, an artist management firm in the mus
Summer Trends Show Shifting Lifestyles, New Priorities
As families struggle with the rising cost of gasoline, the increased cost and inconvenience of summer travel and the much-publicized scare from the effects of BPA in some consumer products, there have also been big benefits this summer for categories and
Quiksilver Finally Sees Light at End of Rossignol Tunnel
Quiksilver, it would appear, has finally found its way out from under the misguided deal it entered into in 2005 to acquire the Rossignol business that also included Cleveland Golf. After making a deal to sell off Cleveland to the parent company of Srixo
Genesco Raises Outlook After Strong Top Line Performance in Second Quarter
Genesco, Inc. had a strong net sales performance in the second quarter as its Journeys concept continues to dominate the fashion athletic footwear category in the mall. The specialty retailer also got a boost from a jump in sales at Hat World and from com
DSW Second Quarter Profit Soars on Improved Merchandise Margins
With tight inventory controls feeding a 44.4% merchandise margin – a 600 basis points improvement over the prior year, DSW Inc. reported Q2 earnings jumped 69%. The margin gain made up for a 6% drop in same-store sales. Occupancy expenses deleveraged 110
Famous Footwear Sees Bright Spot in Athletics in Q2
Although Famous Footwear continues to see encouraging trends in athletics, soft consumer spending led to a decline in store traffic and increased promotional activity as the retail chain showed a 2.9% Q2 comp decline. Earnings came in well below those of
CFL and Reebok Enter Five-Year Partnership Deal
The Canadian Football League and Reebok Canada announced a new five-year deal in which Reebok will be the exclusive supplier of uniforms and sideline apparel for the league…
Danner Gets Largest Military Boot Order of 2008
LaCrosse Footwear’s Danner subsidiary received a $3.2 million delivery order as part of a new contract with the Department of Defense. The contract calls for delivery of the Danner Marine Temperate boot within the next 60 days. The company said this contr
Former Rossignol CEO Lands Deal to Buy Brand
Quiksilver, Inc. found a buyer for the Rossignol Group with help from a former executive and current competitor. The action sports giant said last week it had reached a definitive agreement to sell Rossi to Chartreuse & Mont Blanc (C&MB), a company formed
Cannondale Sports Group President Departs
Dorel Industries Inc. reported that Jeff Frehner, president and CEO of the Cannondale Sports Group (CSG), has decided to leave the company for family reasons. Robert P. Baird, Jr., president of the Dorel's Recreational/Leisure segment, which includes
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