Racing Flats Remain a Vital Segment for Footwear Brands

Once only seen on the feet of the most elite-level athletes, racing shoes are becoming more visible deeper in the fields of many races. Claire Wood, footwear product line manager at Brooks says, “Ten years ago, only the front line would be wearing the rac

The Walking Co. Posts 2007 Loss on 8% Comps Rise

Net sales at The Walking Company increased 19.5% for fiscal 2007 ending December 31, 2007 to $162.1 million $135.7 million last year. The company reported that $10.0 million of the increase related to an 8.1% increase in comparable store sales which incl

Shoe Pavilion Switches to Net Loss for 2007

Shoe Pavilion reported in a filing with the SEC that net sales for fiscal 2007 increased 18.2% to $152.6 million from 2006 sales of $129.1 million. The sales growth is the result of increased sales of $7.6 million generated from 15 new stores opened in fi

Backcountry.com Enters Cycling Market

Online retailer Backcountry.com has succumbed to its inner self and begun selling high end bike gear and accessories from Shimano, Fox, Sidi, Giro, Oakley, Look, Castelli, Campagnolo, Mavic, Park, Pedros, Pearl Izumi and 60 other brands. The retailer, lau

Skullcandy Names VP of Finance

Skullcandy added Scot Carlson as vice president of finance. Carlson comes to Skullcandy with a solid history at Black Diamond outdoor equipment, adding welcomed industry expertise to Skullcandy’s core business development…

Li and Fung U.S. Revenues Pass $1 Billion in 2007…

Li & Fung reported its U.S. business passed the $1 billion mark in 2007, achieving the company’s three-year plan. Overall, the company saw turnover of HK$92.5 billion ($11.85 bn) for the year, growth of 36% from 2006, and the largest turnover growth since

And Native Enters Public Eye Under A.T. Cross…

Native Eyewear Inc. was acquired for $18.8 million last week by A.T. Cross Co., which is on a quest to build a $100 million optics business by 2010. Apparently, the numbers finally worked for everyone. ATX said it had paid $17.8 million in cash and assume