Pacific Sunwear’s Q2 Loss Widens on Derivative Charge

Pacific Sunwear of California, Inc. reported comp stores sales rose 3 percent in the second quarter ended Aug. 2 as it outmaneuvered some of its rivals at the mall. Excluding a huge mark down of derivative liabilities, which was triggered by its rising st

New Balance to Open Multi-Brand Store

New Balance announced the opening of its inaugural New Balance Life Store in the Burlington Mall in Burlington, MA, offering a wide array of styles from the New Balance family of brands under a “Walk. Run. Live.” mantra. The store pays homage

Delta Apparel Acquires Salt Life

Delta Apparel said its wholly-owned subsidiary, To The Game, LLC, has acquired substantially all of the assets of Salt Life Holdings, LLC, including all of its domestic and international trademark rights in the Salt Life beach brand…

Tilly’s Earnings Improved Despite Comp Dip

Tilly’s, Inc. reported net sales were $123 million in the second quarter, an increase of 17.1 percent compared to the second quarter of 2012. This included incremental sales that shifted into the second quarter from the third quarter when compared t

Patagonia Footwear Partners to Support Flip Flop Recycling

Expanding on their collaboration and creation of 100 percent recyclable sandals made with PLUSfoam material, Patagonia Footwear and PLUS Compound Technologies, LLC recently launched accessible consumer incentive programs that encourage them to recycle the

Former Nike Designer Becomes Chief Merchant for Levi’s

Grant Barth, who spent 16 years at Nike in global merchandising across many categories including sportswear, running and technical outerwear, has been named chief merchandising officer for the Levi’s brand. Barth left Nike earlier this year to becom

REI Close to Naming New CEO

REI is close to hiring a former executive of Coach as its new CEO, according to a report in the Wall Street Journal. The paper identified the executive as Jerry Stritzke, 53, who steps down as president and chief operating officer of Coach at the end of t

Brown Shoe Lifts Guidance on Strong Q2, Tempers Outlook

Brown Shoe Co., the parent of Famous Footwear, reported earnings before special items more than doubled in the second quarter, exceeding internal expectations. With comps ahead 6.8 percent, Famous Footwear delivered a record second quarter sales operating