Shoe Carnival, Inc. continued to see a tough retail climate in the third quarter, as they experienced declines in almost all categories except athletic and women’s flats. Back-to-school was described as positive, but macroeconomic issues and the weather c
Category: Footwear
Pacific Sunwear Sees Third Quarter Strengthening at PacSun Stores…
Pacific Sunwear of California generated quite a bit of buzz on its quarterly conference call with analysts. The company said that it plans to reduce its dependency on footwear product by scaling back offerings at several of its mid-tier stores, while remo
Forzani Expands Canadian Sports Retail Footprint…
The Forzani Group Ltd. last week announced that it plans to acquire Athletes World Limited, a Canadian retailer of athletic and recreational footwear and apparel owned by Bata Ltd. Athletes World had filed on October 30, 2007 for protection under the Com
Dick’s Sporting Goods to Acquire Chick’s Sporting Goods
Dick's Sporting Goods, Inc. has entered into a definitive stock purchase agreement to acquire Chick's Sporting Goods. Under the terms of the agreement, Dick's has agreed to pay approximately $40 million in cash for the outstanding equity of
U.S. Attorney Subpoenas Genesco – Finish Line Documents
Genesco Inc. has received a subpoena from the Office of the U.S. Attorney for the Southern District of New York for documents relating to the company's negotiations and merger agreement with The Finish Line. The subpoena states that the documents are
Foot Locker Slips to Q3 Loss Due to Charges
Foot Locker, Inc. reported a net loss of $33 million, or 22 cents per share, for the third quarter compared with net income of $65 million, or 42 cents per share, last year. This year's results included a non-cash impairment charge to write down long
Jarden Hires Beverage Industry Exec. to Head Outdoor Solutions
Jarden Corporation appointed Gregory S. Shearson as President and Chief Executive Officer of Jarden Outdoor Solutions. Jarden's Outdoor Solutions segment has a broad portfolio of outdoor and active lifestyle products. Mr. Shearson has more than 20 ye
NexCen and Camuto Acquire The Shoe Box
NexCen Brands has closed on the acquisition of the trademarks and other intellectual property of The Shoe Box, Inc. in partnership with the Camuto Group. The Shoe Box, Inc. is a multi-brand luxury shoe retailer based in New York. Utilizing NexCen Franchis
ThirtyTwo Adds Merchandiser and Sales Manger to Team
ThirtyTwo has added Abe Gilreath and Brad Alband to the brand team. The brand’s recent hires, Abe Gilreath as merchandiser and Brad Alband as domestic sales manager, bring an array of outerwear experience…
Powderhorn Hires Katie Schou as Dealer Services Manager
Powderhorn appointed Katie Schou as Dealer Services Manager for the label’s North American retail accounts. Formerly the Export Manager and Customer Service Manager for both Life-Link International and Dynafit, Schou brings with her a wide-range of exper
OneGoal Hockey Show Sees Fewer Vendors…
At the OneGoal hockey trade show in Detroit last week, the main story on the show floor was the severe downturn in attendance compared to last year’s show. The change in show dates from January, which provided vendors with a venue to unveil new products,
Deckers Looks to Become a $750 Million Company Early Next Decade..
At Decker’s annual investor meeting held this month in Goleta, CA, the executive team and representatives from each of the company’s brands – UGG, Simple and Teva – gave an overview of the progress made in the past few years as well as future growth initi
Fila to License Fila Sport to Kohl’s…
Fila announced an exclusive arrangement to sell the Fila Sport brand to Kohl’s. Under the agreement, Kohl’s will license and develop (in collaboration with Fila) apparel product under the Fila Sport label, while Fila will make Fila Sport footwear exclusi
adidas Looks Off-Court With Mitchell and Ness…
adidas looks to take a step back in time, announcing recently the acquisition of Mitchel & Ness Nostalgia Company. Terms of the deal were not disclosed, but the company will become a part of adidas’ Sports Licensed Division, which currently houses both t
Bob’s Stores Disappoints in Q3…
With another disappointing quarter for Bob's Stores, its parent, TJX Cos., appears to be increasingly weighing its options on the 34-unit apparel chain. Bob's net sales increased 2% to $83 million from $79 million…
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