Steve Madden reported first-quarter sales increased 4.9 percent to $278.9 million compared to $266.0 million in the same period of 2012. Retail comparable store sales increased 3.0 percent…
Category: Outdoor
Nike Appoints HQ Expansion Partners
Nike released the names of its partners for the expansion of their headquarters campus in Beaverton…
Billabong Halts Stock Trading Pending Announcement
Billabong announced it was halting trading of its shares on the Australian Securities Exchange (ASX) pending an announcement regarding the sale of the company. The company has entered into an exclusivity agreement with a group led by its former American c
R.G. Barry’ Q3 Earnings Climb
R.G. Barry Corporation, the parent of Dearfoams, reported a sharp gain in earnings in its third quarter ended March 30, helped by stronger margins and lower operating expenses. Net sales reached $25.8 million, up 2.7 percent from $25.1 million for the thi
Yue Yuen Cites Rising Input Costs in Profit Warning
Yue Yuen Industrial Holdings Ltd, which sources 20 percent of the world’s athletic footwear, warned investors that it saw a significant downturn in the first quarter ended March 31. The Hong Kong-based company, which manufactures in China, Vietnam a
Senate Approves Marketplace Fairness Act by by Wide Margin
The U.S. Senate passed the Marketplace Fairness Act by a vote of 69 to 27 Monday afternoon, sending the landmark legislation on to the House, where it will face more opposition…
Adidas Expanding SMS Complaint Hotline to More Asian Factories
Adidas Group disclosed in its 2012 Sustainability Progress Report that it is expanding a pilot program to enable more factory workers in Indonesia and Vietnam to send complaints via text message if they think their rights are being abused. The program, wa
Senate Poised to Vote on Marketplace Fairness Act
The U.S. Senate is expected to vote Monday evening on the S.743, the Marketplace Fairness Act, which enables states to collect sales tax on sales made within their jurisdiction by out-of-state retailers…
Buck Knives Adds Boy Scouts of America Product License
Buck Knives has reached a new product licensing partnership with the Boy Scouts of America (BSA), in which an American made pocket knife model will serve as an officially licensed product for Eagle Scouts, parents and other individuals associated with the
Zoic Clothing Names New Sales Manager
Zoic Clothing has announced Abbie Newell as its new national sales leader, where she will be the voice of the Zoic brand with national accounts, key regional accounts and Independent Bicycle Dealers…
The Bike Cooperative Adds New Members
The Bike Cooperative saw an influx of new members in the offseason, with stores from across the country joining the only retailer-owned co-op in the US during winter and early spring…
Black Diamond Q1 Sales Up 10 Percent
Black Diamond, Inc. reported total sales in the first quarter of 2013 increased 10 percent thanks largely to revenues from two European brands acquired last year. The company swung to a net loss, however, as gross margins narrowed due to product mix and a
Sanuk Appoints VP of Sales For North America
Sanuk, a division of Deckers Outdoor, announced that Jeff Fitzhugh has joined Sanuk as vice President of sales for North America. He was most recently a senior vice president at DC Shoes, a division of Quiksilver, Inc…
NRF Study Finds Imports Lower Consumer Prices While Creating U.S. Jobs
A new study commissioned by the National Retail Federation and other trade associations shows that imported merchandise has considerably lowered the price of consumer goods for American families while creating millions of jobs for American workers…
Canadian PE Firms Agrees to Pay Nearly 10X EBITDA for Nielsen Expositions
Onex Corporation, a Canadian private equity firm, has agreed to acquire Nielsen Expositions, the owner of Outdoor Retailer, Interbike and more than 60 other trades shows and conferences, for $950 million in cash, or nearly 10 times EBITDA…