Foot Locker Inc. Posts Breakout First Quarter Results

Powered by a 12.8 percent comp store sales gain and 200 basis points of improvement in gross margins, Foot Locker, Inc. first quarter profits surged 74.1 percent to $94 million, or 60 cents a share, clobbering Wall Street's consensus estimate of 44 c

Keen Expands U.S. Production

Keen said it now expects to build 13 footwear styles in its new plant in Portland, OR in coming years. With one production line up and running, the facility currently employs about 15 people, a number that will grow when the second production line revs up

Athleta to Open in SoCal and NYC

Gap Inc. will open its first Athleta stores in Southern California. The two locations will open in Southland this fall, at the Grove shopping center in L.A.'s Fairfax district and at Fashion Island in Newport Beach. Two New York stores are also slate

Yonex Fiscal Year Profits Fall

Yonex Company Ltd. reported sales of ¥36.69 billion ($429 mm) for the fiscal year ended March 31, down 0.5 percent from ¥36.87 billion ($397 mm) in the prior fiscal year…

Container Imports Level Off for First Time in 18 Months

Import cargo volume at the nation's major retail container ports is forecast to level off this month at about the same numbers as last year after nearly 18 months of year-over-year gains, according to the monthly Global Port Tracker report released b

Merrell Launches Add Your Own Scenery Campaign

Continuing to encourage more people to get outside and protect their public lands, Merrell launched its new Add Your Own Scenery global brand campaign. Add Your Own Scenery includes a series of product advertisements as well as a major viral campaign wher

New Philippines Partners for Saucony, Sperry and Keds

Collective Brands, Inc. announced that its Performance + Lifestyle Group (PLG) has signed a wholesale distribution agreement with Iconic Advantage to broaden the reach of its Keds fashion sneaker brand and to launch the Saucony running brand and Sperry To

Vision Street Wear Secures European License

Collective Licensing International announced a new multi-year agreement with UK-based Ski and Sport for the company to license the Vision Street Wear brand for the footwear and apparel categories in the member countries of the European Union (EU)…