G-III Apparel’s Q3 Sales Climb 23 Percent

G-III Apparel Group, Ltd. reported sales for the third quarter increased by 23 percent to $668.7 million compared to $543.5 million in the year-ago period. Net income for the quarter also increased by 23 percent…

McMillan Group Sells Firearms Division to SAC

McMillan Group International has sold its firearms division, McMillan Firearms, to Strategic Armory Corps, LLC (SAC). The sale does not include McMillan Fiberglass Stocks or McMillan Merchant Solutions, which will continue to be operated by McMillan Group

Dansko’s Mandy Cabot Awarded Humanitarian Award

Dansko Co-Founder, President and CEO, Mandy Cabot, was named the 2013 recipient of the T. Kenyon Holly Memorial Award for outstanding humanitarian achievement. Presented by the Two Ten Foundation, the award is bestowed upon an individual in the footwear i

Mobile Devices Propel Cyber Monday Sales to Record Levels

U.S. shoppers made Cyber Monday the biggest online shopping day in history with a 20.6 percent increase in online sales, according to the latest cloud-based analytics findings from IBM. Mobile sales led the way, exceeding 17 percent of total online sales,

Sport Chalet Warns of Possible NASDAQ Delisting

In a filing with the Securities & Exchange Commission, Sport Chalet Inc. noted that it received notice from the NASDAQ Stock Market about the company’s non-compliance with the exchange’s rules. Nasdaq requires a company to hold a minimum of $

Sweaty Betty Opens Second U.S. Store

Sweaty Betty, which was founded in London in 1998, recently opened its first two stores in the U.S. stores in the last four months — one in the Soho district in New York City and one in Greenwich, CO. A third is being planned for 2014…

Mobile Shopping Poised to Continue Gains on Cyber Monday

Nearly 25 million, or 18.9 percent, of Americans surveyed said they would use their mobile device to shop over the Thanksgiving Holiday weekend, up 22 percent from last year and eightfold since 2009, according to the National Retail Federation. The survey