Hibbett Adds New Board Member

Hibbett Sports, Inc. announced that Anthony F. Crudele has been appointed to the company's board of directors, bringing the board's current membership to nine directors…

HanesBrands to Downsize Imagewear Business

HanesBrands, the parent of Champion and Hanes said it plans to narrow the focus of its worldwide imagewear business by restructuring to exit noncore segments and reduce risk. The company announced the sale of its European imagewear division and, in the U.

Finish Line Raises Q1 Forecast

The Finish Line Inc. updated its outlook for the first quarter ending June 2. Based on current projections, the company now expects first quarter comparable store sales to increase approximately 8.5 percent and diluted earnings per share to be between 22

Zumiez’s May Comps Grow Double-Digits

Zumiez Inc. reported that sales for the four-week period ended May 26, increased 23.6 percent to $37.4 million, compared to $30.3 million in the May 2011. Comparable store sales increased 13.7 percent for the four-week period on top of a comparable store

Canadian Tire to Focus on Sport Chek, Atmosphere Banners

Canadian Tire Corp will open more than 100 new Sport Chek sporting goods stores and Atmosphere outdoor gear shops over the next five years, while shutting down 115 unprofitable outlets operated under different banners by its FGL Sports unit. Stand-alone B

Tilly’s Reports Q1 Sales Rose 16.1 Percent

Tilly’s, Inc. reported total net sales for the first quarter ended April 28, reached $96.5 million, an increase of 16.1 percent. Comparable store sales, which include e-commerce sales, increased 4.3 percent. E-commerce sales increased 31 percent to

Intertek Launches Online Life Cycle Assessment Tool

Intertek launched an online tool for life cycle assessment (LCA) and product eco-design that enables the textile and apparel industry to instantly measure and visualize the environmental impacts of products based on pre-defined eco-design scenarios…

Macy’s May Comps Rise 4.2 Percent

Macy’s, Inc. reported total sales of $2.02 billion for the four weeks ended May 26, an increase of 4.1 percent compared with total sales of $1.94 billion in the four weeks ended May 28, 2011. On a same-store basis, Macy’s, Inc. sales were up 4

Golfsmith Opens Store in San Antonio

The nation’s largest specialty golf retailer is swinging into San Antonio and opening the area’s largest experiential retail golf store. The newest Golfsmith location measuring 30,400 square foot facility is Golfsmith’s 12th Texas store

Retail Vancancies Declined in 2012

Cassidy Turley, a leading commercial real estate services provider in the U.S., reports the first vacancy declines for the U.S. retail sector in five years as the market's recovery gains momentum…

Adidas Accuses Former Reebok India Managers of Fraud

Reebok India, owned by Adidas, lodged a police complaint against two former top executives accusing them of fraud that had led the company to lose Rs 870 crore ($157 million). Adidas alleged that Subhinder Singh Prem, Reebok India's former managing d