U.K. Retail Comps Up Slightly in August

UK retail sales values were up 1.8 percent on a like-for-like basis in August 2013 from August 2012, when they had decreased 0.4 percent on the preceding year. On a total basis, sales were up 3.6 percent, against a 1.6 percent increase in August 2012, acc

Nike to Join Dow 30

Nike is being added to the Dow Jones industrial average, the most widely known barometer of the U.S. stock market. Nike joins Goldman Sachs and Visa as new companies on the 30-stock index…

Alliance for Bangladesh Worker Safety Names President

The Alliance for Bangladesh Worker Safety named human rights expert and attorney Jeffrey Krilla as its president. The coalition represents 20 North American apparel companies, retailers and brands, including L.L. Bean and V.F. Corp…

Report: KKR, Sycamore Considering Joint Bid for Jones Group

Private-equity firms KKR & Co LP and Sycamore Partners are considering a joint bid for Jones Group, the parent of Nine West, the Wall Street Journal reported. In July, Jones Group hired Citigroup Inc to explore a potential sale of parts or all of the comp

OIA VantagePoint: Footwear Disappoints Again in August

Sales of outdoor products increased 2.9 percent in fiscal August to $868.2 million, according to the latest monthly sales report from OIA VantagePoint™. As in fiscal July, Outdoor Hardgoods and Apparel posted solid sales growth, while Footwear struggled.

Canadian Tire Looks to Raise C$263M through REIT

Canadian Tire expects to raise Canadian $263.5 million ($255.6 mm) through listing of a real estate investment trust that will hold its retail properties. CT Real Estate Investment Trust plans to offer 26.4 million shares at C$10 each…

Learn to Ski and Snowboard Month Ready for 2013-14 Season

Learn to Ski and Snowboard Month (LSSM)/Bring a Friend (BAF) organizers have updated their logo, website content, Ambassadors program and PR effort for the upcoming season. They will also bring back the Bring a Friend Challenge and Why I Love to Ski or Ri

110% Appoints Austin Chow as President

110%, the maker of compression + ice recovery and performance gear, hired Austin Chow as president of the company. Chow spent the last four years with IMG Licensing, a division of IMG Worldwide…