Coolcore Receives Cooling Fabric Patent

Coolcore announced that the United States Patent and Trademark Office (USPTO) issued the company a patent (U.S. Patent No. 8,440,119) for its cooling fabric innovation. The patent covers the manufacturing of any chemical-free cooling fabric that transfers

Quiksilver Amends Credit Facility

According to a filing with the Securities & Exchange Commission, Quiksilver, Inc., which also owns Roxy and DC Shoes, entered into an amended and restated credit agreement with Bank of America…

Puma Appoints Andy Koehler as Chief Operating Officer

Puma appointed Andy Koehler as chief operating officer, effective June 1. Koehler, who succeeds former COO Klaus Bauer, will be part of Puma's managing director team around Puma's future CEO Björn Gulden, who will take up his office on July 1…

Genesco’s Q1 Profits Dip on 4 Percent Comp Decline

Genesco Inc. reported comparable-store sales fell 4 percent in the first quarter with a 2 percent decrease in the Journeys Group and a 6 percent decrease in the Lids Sports Group. Officials said February sales were impacted by delayed processing of federa

Consumer Sentiment Improved in May

Consumer confidence reached its highest level in at least five years in May, according the nation’s two leading authorities on the subject. The Conference Board reported that its consumer Confidence Index, increased…

Internetstores to Acquire Sweden’s AddNature.com

European online bicycle and outdoor retailer Internetstores GmbH has agreed to acquire leading Swedish online outdoor retailer Addnature for about $34 million, or 1.3 times revenues, in order to pursue a leadership in Europe's online market for bicyc