Jay Getzel Named New President at Mountainsmith

Blackstone Recreational Brands Business has named Jay Getzel as president of Mountainsmith, where he has been serving as director of sales and marketing. Getzel will begin his new job June, 1, according to Renee Pitra, president of Blackstone Recreational

RECALL: 8,000 GNU Snowboard Bindings

Mervin Manufacturing of Seattle is recalling about 6,800 pairs of GNU Snowboard bindings in the United States and 1,200 in Canada because the ankle straps can break posing a fall hazard…

Iconix Acquires The Remaining Stake in Ecko Unltd.

Iconix Brand Group, Inc. has purchased the remaining 49 percent minority interest in IP Holdings Unltd LLC that it did not already own. The partnership owns the Ecko Unltd., Marc Ecko Cut & Sew and related trademarks. Marc Ecko Enterprises will continue i

Consumer Confidence Surges to Five-Year High

The Conference Board Consumer Confidence Index, which had improved in April, increased again in May. The Index now stands at 76.2 (1985=100), up from 69.0 in April and at its highest level since February, 2008…

REI, Foot Locker and Nike Opt Out of Swipe Fee Settlement

REI, Foot Locker and Nike joined the parade of major retailers bailing out of a proposed multi-billion-dollar settlement of an eight-year-old federal anti-trust lawsuit alleging Visa Inc. and Mastercard used anti-competitive tactics to set swipe fees…

Foot Locker’s Q1 Comps Grow 5.2 Percent

Foot Locker, Inc. reported net income increased 7.8 percent in the first quarter ended May 4, to $138 million, or 90 cents per share. Excluding costs related to its acquisition of Runners Point Group, profits were up 10 percent. Sales increased 3.8 percen

Hibbett Sports First Quarter Sales Rise 3.0 Percent

Hibbett Sports, Inc. reported net sales increased 3.0 percent to $240.0 million for the first quarter ended May 4, compared with the 13-week period ended April 28, 2012. Comparable store sales increased 0.8 percent, compared with 11.1 percent in the year

OIA: House Proposal Would Gut Spending on Public Lands

Outdoor Industry Association (OIA) urged its members Friday to call their Congressional delegation to voice over a House budget proposal it said would devastate the nation’s public lands and risk billions of dollars in economic activity they generat

The Buckle’s Earnings Flat in Q1

The Buckle, Inc. reported net income for the fiscal quarter ended May 4, was $37.6 million, or 78 cents a share, about even with the $37.8 million, or 79 cents, earned in the same period a year ago. Net sales increased 2.3 percent…

Perry Ellis’ Q1 Net Rises 16.5 Percent

Perry Ellis International reported revenues slid 1.2 percent in the first quarter, to $262.3 million from $265.5 million. Revenues were in line with guidance and included increases across several of the company's core businesses, including golf lifes