Heelys, Inc. reported Q1 sales tumbled 73.5% to $13.1 million from $49.4 million a year ago. But Ralph Parks, Heelys CEO, said the company has witnessed improving trends in several key areas, including lower inventory levels in the channel, a modest incr
Category: Footwear
SIA: Snow Sports Sales Rise 10.4% for Season…
Record, albeit late, snow throughout much of the United States spurred a 10.4% increase in U.S. snow sports products this winter, according to the latest retail audit from Snowsports Industries America. Sales grew by $280 million to reach $2.97 billion f
The Death of a Noble Idea: Nau Legacy Cloaked in Irony…
The irony is unmistakable. In the end the company that promised to break new ground in establishing a sustainable business model could not sustain itself…
Toronto Firm Bringing Boa System to Headwear…
InnoVision Headwear, Inc. (IV Headwear) has negotiated an exclusive, multi-year license to use a specially designed Boa Technology fitting system in headwear. The two companies jointly developed Caps_Lock, a proprietary, patent pending application of Boa’
The Walking Co. Posts Q1 Comp Sales Dip…
First quarter revenues at The Walking Company climbed 15% to $37.3 million as new store openings offset a 0.5% comp decline. TWC, a division of Big Dog Holdings, had 41 new net stores open this quarter versus last year…
MEC; Arc’Teryx Reach Agreement with Opposition on Tariff Relief…
Mountain Equipment Co-op and Arc’ Teryx have reached an agreement with Canadian manufacturers who had opposed their efforts to reduce traffics on imported fabrics used in the manufacture of breathable outdoor and ski apparel…
Collective Brands Will Try to Overturn Adidas Ruling
Collective Brands Inc. said it will file several motions in court seeking to set aside or reduce an unfavorable verdict in a lawsuit with Adidas. Last week, a federal jury in Oregon ordered Collective Brands to pay $305 million in damages to adidas AG. Th
BOSS Goes One on One with Nau Inc’s Marketing Man Ian Yolles
Nau Inc. was one of the highest profile sustainability stories in the apparel industry when it announced May 3 it was winding down because it could not raise more money. The irony was not lost on Ian Yolles, the architect of the company's widely adm
Ocean and Earth Implements 5-Year Growth Plan
Ocean & Earth, the Australian surf brand, recently launched a 5-year expansion plan. In December 2007, CEO of International Operations Paul Munten completed an extensive search for new brand leadership in North America with the hiring of Dave Nielsen as V
Quiksilver Sued by ESPN
Quiksilver Inc. was sued by sports network ESPN Inc. on claims it violated a trademark on the cable channel's X-Games competition franchise. Quiksilver uses a stylized “X” emblem on clothing, labels and accessories that is “confusingly similar” to ES
Mountainsmith Hires Domestic Sales Mgr
Mountainsmith announced the appointment of Jay Getzel to the newly-created position of domestic sales manager. Getzel was most recently sales and service manager for C.A.M.P. USA in Broomfield, CO…
Neiman Marcus’s Comps Dip 0.6%
Neiman Marcus, Inc. reported revenues dipped 0.6% during April to $343 million from $346 million. Comps declined 1.9%. Comps in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 3.6%…
Heavy Promotions Boost Saks’ Comps by 24%
Luxury department store retailer Saks Inc. reported a 23.9% increase in comp store sales, but said it came at the cost of cannibalizing May sales by accelerating clearance events. The company said the heightened promotions will hurt its first quarter marg
Avis CEO Joins Hanesbrands’ Board
Hanesbrands Inc., the parent of Hanes and Champion, said Ronald L. Nelson, chairman and chief executive of car rental company Avis Budget Group Inc., has been elected to its board of directors, effective July 21. Nelson, 55, will serve for a term that wil
Etonic Names VP/GM for Stonefly
Etonic Worldwide has named Russ Curran as VP/general manager for Stonefly USA, a division of Etonic Worldwide, LLC. Curran comes to Stonefly USA with more than 20 years of experience in the footwear industry. He was most recently VP of sales at PSB Shoe G
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