Pacific Sunwear Q1 Loss Widens

Pacific Sunwear of California, Inc. reported sales from continuing operations for the first quarter of fiscal 2013 ended May 4, were $169.8 million versus net sales from continuing operations of $162.3 million a year ago. Comparable store sales increased

TaylorMade-Adidas Releases Statement on Sergio Garcia

In wake of Sergio Garcia's remarks about Tiger Woods, TaylorMade-Adidas said in a statement, “Sergio Garcia's recent comment was offensive and in no way aligns with TaylorMade-Adidas Golf's values and corporate culture. We have spoken with

Dick’s SG’s Q1 Comps Miss Plan

Dick's Sporting Goods, Inc. reported a modest gain in first-quarter earnings, in line with expectations. Adjusted for the shifted calendar due to the 53rd week in 2012, consolidated same store sales decreased 3.8 percent, compared to its guidance of

L.L.Bean Passes Torch to Founder’s Great Grandson

L.L.Bean's long-time chairman and former CEO Leon A. Gorman told the company's employees Monday that he is retiring and passing the torch to another descendant of company founder Leon Leonwood Gorman. He will be succeeded by Shawn Gorman, 47, th

Wenonah Canoe Names New Rep for Southeastern US

Wenonah Canoe, Inc. named Dave Kruger as its new independent sales representative for the Southeastern USA: Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Virginia and West Virginia…

Cambodia Shoe Factory Collapses

A small shoe factory just outside the capital of Cambodia collapsed last Thursday, killing at least three workers. The factory was making Asics sneakers at the time…

REI Begins Selling Miir Commuter Bikes

REI said it has become the first national retailer to sell MiiR’s inaugural commuter bike line, which includes three models: the single-speed Wave and the five-speed High 5 Diamond and Mixte frames. All models and sizes are now available at five REI

National Retailers Perceive More Regulatory Risk

Retailers are feeling pressure from a heightened regulatory climate. A new BDO USA, LLP analysis of the risk factors listed in the most recent 10-K filings of the largest 100 public U.S. retailers found that federal, state and local regulations have incre

Spy CFO Michael Angel Announces Resignation

Spy Inc. CFO Michael D. Angel has announced his intention to resign from his position in order to facilitate a return to his permanent home in the Bay Area. Angel will remain availalbe as a full-time interim CFO consultant until the appointment of a succe