Higher merchandising margins, partly due to increased performance product, as well as on inventory and expense controls fed a surge in Shoe Carnival's Q2 earnings. Although overall store traffic continued to decline, comps in athletics increased for
Category: Footwear
Escalade Sports Ends Evansville Production
Escalade Sports plans to close its last manufacturing operation in Evansville, IN, the company's headquarters, effective Sept. 5. HR director Gary Allan told the Courier Press that table tennis production will be consolidated into Escalade Sports’ Me
Versatility Proves Key Footwear Trend at ORSM
There was a marked trend at Outdoor Retailer Summer Market toward improving existing product lines by adding useful features. The words “hybrid,” “crossover” and “versatile” have become a mantra for most exhibitors. There was also an abundance of multitas
Eastern Mountain Sports Hits Home Run with North Conway Store
Eastern Mountain Sports newest store in North Conway, N.H. hit $1 million in sales in its first six weeks and is running 80% ahead of plan, according to senior executives B.O.S.S. visited in The Granite State.
The success of the store validates the compa
Interbike Sees Pre-Reg Up
Resurging interest in bicycling appears to be pushing up interest in the industry’s primary trade show. More than 13,000 individual buyers, representing close to 3,000 bicycle storefronts have pre-registered to attend Interbike International Bicycle Expo
Outdoor University Reaches 200 Retailers in 2008
Attendance at Outdoor University rose in the double digits this year, reaching more than 200 retailers from more than 125 independent specialty shops, according to the Outdoor Industry Association. The growth indicates retailers are warming to a new forma
Bay Harbour to Acquire Steve and Barry’s
Bay Harbour Management LC plans to purchase out of bankruptcy the assets of Steve & Barry's for $168 million. The New York-based investment firm plans to keep open about 150 of the chain's 276 stores, according to the Bay Harbour managing princi
Bob’s Stores Sold to Private Equity Group
TJX Cos. Inc. announced the sale of Bob's Stores to a pair of private equity firms, Versa Capital Management and Crystal Capital. Terms of the sale weren't disclosed. However, the deal will result in a $15 million, or 3-cent-per-share charge, in
NFL Wins Suit Against American Needle
The National Football League won a licensing suit against American Needle over its past deal to make Reebok its exclusive headwear licensee. The U.S. Court of Appeals for the 7th Circuit affirmed a summary judgment ruling that the National Football League
DAK Americas to Report to The Climate Registry
DAK Americas, producer of PET Resin, Polyester Staple Fibers, and raw materials for polyester based products, said it has become a founding reporter of The Climate Registry, a non-profit that measures and publicly reports greenhouse gas emissions (GHG) in
U.S. Retailers Demand End to Use of Forced Child Labor to Harvest Cotton in Uzbekistan
The National Retail Federation and other trade associations representing the U.S. retail and apparel industries demanded that Uzbekistan take immediate action to end the use of child labor in the harvesting of cotton, and said member companies could boyco
RECALL: Amsterdam model bicycles
The U.S. Consumer Product Safety Commission, in cooperation with Electra Bicycle Company, LLC of Vista, California, has announced a voluntary recall of Amsterdam model bicycles. Consumers should stop using the bikes immediately unless otherwise instructed
Heelys Rejects Skechers Second Bid
Heelys Inc. rejected a second unsolicited buyout offer from Skechers USA Inc., saying the $142.8 million cash offer is too low. In a statement issued after the market close on Tuesday, the maker of wheeled shoes for children said its board rejected Skeche
The Athlete’s Foot Expands to Guam
The Athlete’s Foot (TAF), and its parent company NexCen Brands, Inc. announced the opening of a new location in Guam last month. The store is a development of Joeten Enterprises, Inc., master franchisee of TAF Saipan since 1988…
Fox Factory Operating Income Up 88% in Q2
Operating income at Fox Factory reached $3.2 million on net sales of $34.4 million for the second quarter, up 88% from $1.7 million on net sales of $26.8 million for the same period a year earlier, according to financial information released by its parent
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