Shimano Group experienced a very strong business turnaround in 2010 after a tough 2009. But the company still remains cautious about the business moving into 2011 over concerns that the tempo of the economic recovery may slow in the European economies, t
Category: Footwear
Gildan Profit Spikes in Fiscal Q1; Forecast Mired by Cotton Costs…
Gildan Activewear reported strong demand across most businesses along with sweeping price increases drove profit past expectations for the fiscal first quarter ended Jan 2, but the company issued a disappointing outlook amidst concerns over surging cotton
Wolverine Promotions to Fuel Growth at Merrell and Chaco
Wolverine World Wide named Seth Cobb as VP and general manager of Merrell and Chip Coe as VP and general manager of Chaco. Both positions are effective immediately…
OIA VantagePoint: Outdoor Product Sales Reach $10.85 Billion in Fiscal 2010
In the broader retail marketplace it appears that resolute shoppers braved winter storms throughout much of the country in the four-week retail fiscal month of January, trudging through extraordinarily snowy conditions to stock up on discounted cold-weath
Outdoor Footwear Growth Outpaces Apparel and Hardgoods in January; Lags for Total YEar
Outdoor Footwear posted the highest growth percentage of the three major product categories (Outdoor Footwear, Outdoor Apparel, Outdoor Hardgoods) in the fiscal month of January, with sales jumping 7.4% to $163.9 million across the channels tracked by Sp
Under Armour Close to Deal with Cam Newton
Under Armour is reportedly close to signing a deal with Heisman Trophy winner Cam Newton. CNBC had reported that the deal was finalized, but a UA spoke sperson told USA Today they were still working out the details. Said spokeswoman Diane Pelkey in an ema
Under Armour Takes Over MLB Footwear License
Under Armour was named the official performance footwear supplier of Major League Baseball, effective for the upcoming 2011 season. Under Armour replaces Reebok…
Perry Ellis Raises Guidance
Perry Ellis International Inc raised its adjusted full-year profit outlook and forecast a fourth-quarter profit largely above analysts' estimates…
Airwalk Gains Men’s and Boys Apparel License
Collective Licensing International (CLI) announced a new three-year agreement with Fashion Options of New York. Under the agreement, Fashion Options will hold a license for men’s and boy’s apparel in the U.S. for the Airwalk brand…
Canadian’s Golf Town to Open First U.S. Stores
Golf Town Inc., the Canadian retailer, will establish a group of golf superstores in Massachusetts this year to mark its first expansion in the U.S, according to a report in the Boston Globe…
Converse Invests in London’s The 100 Club
Converse has provided a cash injection to The 100 Club, London's legendary live venue that had been facing financial difficulties and threatening to close…
Wolverine World Wide Increases Quarterly Dividend
Wolverine World Wide declared a quarterly cash dividend increase of 12 cents per share of common stock, representing a 9.1% increase over the previous quarterly dividend…
Steve Madden to Distribute Superga
Steven Madden Ltd. has reached an agreement to become the exclusive U.S. distributor of Superga, the Italian athletic footwear brand. R.G. Barry Corp has been the distributor…
GSI Commerce To Acquire Fanatics
GSI Commerce Inc. has signed a definitive agreement to acquire Fanatics, Inc., an online retailer of licensed sports merchandise. Fanatics operates over 250 e-commerce websites, including www.footballfanatics.com, and over 60 e-Commerce stores for collegi
K-Swiss to Sponsor LifeSport
LifeSport Coaching, the provider of endurance coaching, announced its partnership with K-Swiss…
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