At least 23 Cambodian workers were injured when police using stun batons moved in to end a protest over pay at a factory that makes apparel for Nike…
Category: Outdoor
Nike to Make Donations for Oklahoma Victims
Nike will donate footwear and apparel valued at approximately $1 million to assist those communities in Oklahoma most in need…
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…
Pacific Sunwear Grows Comps for Fifth Consecutive Quarter
Pacific Sunwear of California, Inc. reported its fifth consecutive quarter of positive comps and improved margins in the first quarter ended May 4 thanks in part to the strong performance of its Women’s business…
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
Icebreaker to Open First Store in Chicago
Icebreaker, the New Zealand merino wool apparel company, will open its first “TouchLab” store in Chicago, IL. This is the company’s first Midwestern location and its tenth North American retail store…
Karhu To Sponsor NE Distance Project
The New England-based running company, Karhu, has signed on to be the official 2013 shoe and gear sponsor for the NE Distance project…
Cascade Designs Hires New England Rep
Cascade Designs, Inc. named Lathrop Associates as sales agency of record for its seven flagship outdoor brands in the New England region…