Report: PE Firms Bidding on Cole Haan

Private equity firms TPG Capital Management and Apax Partners are among several parties interested in acquiring Cole Haan, three people familiar with the matter told Reuters. Nike had previously announced intentions to sell Cole Haan as well as Umbro by t

Adidas Sees Olympic Boost

Benefiting from its sponsorship of the the London 2012 Olympic Games, Adidas said sales in the UK for the Adidas brand were up 24 percent currency-neutral for the first half of 2012, spurred by demand for Olympic and Team GB products. Olympic license prod

Judge Preapproves Nationwide Skechers Settlement

Preliminary approval in the Skechers' settlement was reached Monday in U.S. District Court in Louisville, according to the Associated Press. Under the terms, people who bought a Skechers toning shoe can get about $80 per pair…

Nordstrom Q2 Earnings Dip on Calendar Shift

Nordstrom, Inc. reported its results for the second quarter, which reflected a shift in timing of the Anniversary Sale event with one week of the event moving into the fiscal third quarter. Net earnings were $156 million, or 75 per diluted share, for the

Spy Inc. Halves Losses on Continued Growth of Spy Brand

Spy Inc. nearly halved its loss in the second quarter on a $500,000, or 5 percent, increase in net sales, which reached to $9.5 million. The company said the results showed its turn around strategy, which has involved divested licensed brands to focus on

Broder Bros. Earnings Sink in Q2

Broder Bros., Co. reported second quarter 2012 sales were $221.9 million compared to $227.1 million for the second quarter 2011. Hurt by lower gross margins, income from operations for the second quarter 2012 was $7.0 million compared to $23.3 million for

Nautilus Appoints CFO

Nautilus, Inc. announced that on August 9, Linda Pearce joined the company as chief financial officer following an extensive national search…