West 49 Inc. reported net income in the third quarter improved 38.1% to Canadian $2.9 million (U.S. $2.8 mm), or CN5 cents per share, compared to CN$2.1 million ($2 mm), or CN3 cents per share, a year ago. Sales for the Canadian action sports chain declin
Category: Outdoor
Gildan Q4 Sales Decline in Weak Pricing Environment
Gildan Activewear Inc. said its fourth quarter sales declined 7% mainly because it marked down inventory at its distributors to help them compete. The Canadian company said it is prepared to continue to price aggressively in an environment of weak global
Forzani Sales Up 4.1% on 2.3% Rise in Comps
The Forzani Group Ltd. said sales rose 4.1% to Canadian $255.3 million (US$242.9 mm) for the third quarter ended Nov. 1, 2009, compared to CN$245.3 (US$233.4 mm) for the same quarter a year ago. Same store sales for the period rose 2.3% compared to 3.8% i
Bakers’ Q3 Loss Widens
Bakers Footwear Group Inc.’s loss widened in the third quarter as sales continued to slide. The shoe retailer lost $10.2 million for the 13 weeks ended Nov. 1, compared with a loss of $8.3 million a year earlier…
JC Penney Promotes Three Merchants
J.C. Penney Co. said it promoted three executives, who have all been with the company since 2000, to its senior merchandising team.
Under Armour Opens NYC Pop-Up Store
Under Armour opened its first pop-up store in New York City. The 3,300 square foot store, at 3 West 57th Street, displays several of the uniforms for the U.S. team members competing in the Vancouver 2010 Olympics. These include the USA Freestyle Ski team
Columbia Sues Crocs Over Trade Secrets Dispute
Columbia Sportswear Co. is now suing Crocs Inc. for misappropriating trade secrets in a lawsuit involving a former footwear designer. The accusations were added to a lawsuit Columbia filed in August accusing Brian O'Boyle of designing footwear for Cr
Merchants: The Checks Are in the Mail
Merchants across the nation will receive checks this week for approximately $1.1 billion remaining from a 2003 settlement in the landmark antitrust case involving Visa and MasterCard-branded signature debit cards, according to the law firm Constantine Can
REI Scouting Former Linens n’ Things in Connecticut
REI is scouting a former Linens n' Things store in Norwalk, CT as the site for a potential second store in the state, according to a report by The Hour.com…
GSI Commerce Announces Stock Sale
GSI Commerce Inc. announced that certain former Retail Convergence Inc. stockholders have agreed to sell 2.2 million of their shares of GSI common stock in a registered underwritten offering. The selling stockholders acquired their shares of GSI common s
Burton Unveils US Snowboard Team Uniforms
Burton unveiled its US Snowboard Team Uniforms for the upcoming 2010 Winter Olympics. The uniforms were made through a partnership with the Gore-Tex brand, the official fabric of the 2010 US Snowboard Team's Olympic outerwear…
Backcountry.com Donates Gear for ‘Gear to Grow’ Pilot Program
This week, Backcountry.com donated $12,000 of high-quality outdoor gear in continued support of the start-up phase of Pacific Mountain Institute’s new Gear to Grow project. This is the second sizable gear donation to the project in as many months an
Arc’teryx Appoints Director of International Sales
Arc'teryx Equipment Inc. promoted John Irvine to director of international sales. Irvine has been behind the company's sports marketing efforts since 2003 and leaves his post as global sports marketing manager…
Lululemon Q3 Sales Rise 29.7% on 10% Comp Gain
Lululemon athletica inc. said income from operations soared 60.3% on a 29.7% increase in net revenue to $112.9 million in the third quarter ended Nov. 1. Comps store sales rose 10% on a constant dollar basis…
Wolf Litigation Continues as Elk Foundation Files New Legal Brief
The Rocky Mountain Elk Foundation again has entered into federal court an amicus curiae brief supporting wolf population management via state-regulated hunting in Idaho and Montana…
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