Skechers Performance Initiative Gaining Traction

Speaking at the B. Riley & Co Investor Conference, Skechers USA’s COO and CFO David Weinberg said Skechers new performance push, represented by its GOrun and GOwalk lines, are generally doing “quite well” with many other styles coming so

Wolverine Eyes Growth Potential for Sperry and Saucony

At Citi Global’s Consumer Conference, Blake Krueger, chairman, president and CEO of Wolverine Worldwide, said that although the company was interested in acquiring all the brands that are part of its pending acquisition of Collective Brand’s P

Finish Line Confident Mobile Investments will Pay Off

While shares of Finish Line Inc. were hit hard in late March after the company indicated that heavy investments in its technology and stores as part of its 'omni-channel” strategy would crimp in the current fiscal year, management is not only optimis

Foot Locker Figuring Out Women

Speaking at the Citi Global Consumer Conference, Ken Hicks, Foot Locker, Inc.'s chairman, president and CEO, said the company's long-struggles reaching women is partly an industry issue rather than a company-specific one. He said, “As an industr

Collective Brands Q1 Profits Grow on Payless Rebound

Collective Brands, Inc., which in early May reached an agreement to be sold to Wolverine World Wide and a pair of private-equity firms, reported earnings improved 25.8 percent in its first quarter, particularly benefiting from an improved bottom line for

Journeys Drives Genesco’s Q1 Results

Aided by the acquisition of Schuh Group and a strong performance at its Journeys segment, Genesco Inc's quarterly results handily beat expectations, prompting the company to raise its full-year profit outlook…

DSW Swings to Profit, Lifts View

With warm weather spurring early seasonal sales of sandals, DSW Inc. reported first-quarter earnings that handily topped Wall Street targets, prompting the shoe chain to raise its full-year profit guidance…

Burke Mountain Resort Sold to Regional Group

QBurke Mountain Resorts, LLC has acquired its second Vermont ski area in four years. The partnership, which is owned by Ariel Quiros and Jay Peak Resort President and co-owner Bill Stenger, took ownership of Burke Mountain Resort May 22, 2012…

Accell Group Completes Purchase of Raleigh Shares

Accell Group N.V. said it has completed the purchase of all issued shares in Raleigh Cycle Limited in a deal that dramatically bolsters the Dutch company's market share in North America and the United Kingdom for bicycles and bicycle parts & accesso

Genesco’s Q1 Earnings Jump on 9 Percent Comp Gain

Genesco Inc. reported earnings from continuing operations rose 38.7 percent for the first quarter ended April 28, to $20.8 million, or 86 cents per share. Sales increased 24.5 percent to $600 million, reflecting the addition of sales from Schuh and a comp