Adidas Group to Acquire Five Ten for $25 Million

The Adidas Group has signed a share purchase agreement to acquire Five Ten, a leading performance brand in outdoor action sports. The Adidas Group intends to purchase the entire Five Ten business, which includes all of the issued share capital of Five Ten

Bakers Footwear’s Comps Nudge Up 1.0 Percent in Q3

Bakers Footwear Group, Inc. reported sales for the third quarter were $40.2 million, decreasing 0.9 percent from $40.6 million a year ago. Comparable store sales increased 1.0 percent, compared to a comparable store sales increase of 5.9% for the third qu

Buckle’s October Comps Climb 8.7 Percent

The Buckle, Inc. announced that comparable store net sales, for stores open at least one year, increased 8.7 percent in October. Net sales for the four-week fiscal month ended Oct. 29 increased 12.1 percent to $79.7 million from net sales of $71.1 million

SportHill Promotes New Public Relations Director

SportHill announced that Dempsi Filipek has been promoted to director of public pelations. Filipek is currently in charge of product development and wlll retain those duties in addition to directing the company’s public relations…

Quiksilver Appoints Global Brand President and COO

Quiksilver Inc. announced two promotions within its corporate and Americas region management teams, both effective Nov. 1. Craig Stevenson, who has served as the company’s Americas region president, was named global brand president and chief operati

Macy’s Comps Growth Slows to 2.2 Percent in October

Macy’s, Inc. reported total sales of $1.84 billion for the four weeks ended Oct. 29, an increase of 2.0 percent compared with total sales of $1.81 billion in the four weeks ended Oct. 30, 2010. On a same-store basis, Macy’s, Inc. sales were up

Skullcandy’s Q3 Revenues Soar 58 Percent

Skullcandy Inc. reported sales jumped 57.5 percent in the third quarter, to $60.6 million. Domestic sales increased 37.2 percent, international net sales jumped 75.9 percent and online sales grew 416.7 percent…

OBIT: Vans Co-Founder James Van Doren

James Van Doren, co-founder of Vans shoes, passed away at the age of 72. Van Doren co-founded Vans, originally known as the Van Doren Rubber Co., with his older brother Paul in 1966 in Anaheim, CA…

Penney’s Comps Slide 2.6 Percent

J.C. Penney reported comparable store sales for the four-week period ended Oct. 29, 2011, decreased 2.6 percent. While sales overall were soft, women's apparel and accessories experienced sales gains in October. Geographically, the southeast was th

Ross’ Comps Rise 5 Percent in October

Ross Stores, Inc. reported that sales increased 10 percent to $661 million for the four weeks ended Oct. 29, 2011, up from $600 million in the year-ago period. Comparable store sales for the month grew 5 percent over the prior year…