Phoenix Footwear Q4 Sales Down, But Net Loss Slims

Phoenix Footwear Group, Inc. reported a 3.2% decrease in net sales from continuing operations for the fourht quarter to $19.4 million from $20.1 million last year. Sales of Tommy Bahama products grew by 99% for the quarter. Net loss for the quarter totale

Sterling Capital Buys Controlling Interest In Optimer

Sterling Capital Partners has purchased a controlling interest in Wilmington, Del.-based Optimer Inc. from its founders, the J.W. Moore family. Optimer, Inc. is best known for its Optimer Performance Fibers division that markets Dri-release with FreshGuar

adidas Sponsors Boston Marathon for 20th Year

adidas celebrates its 20th year as the official footwear and apparel supplier of the Boston Marathon. In 2008, adidas continues its commitment to the marathon by playing a key role in the race and Boston Athletic Association (B.A.A.) marathon programs in

Prince Americas Names President

John Embree will be joining Prince Sports, Inc. as its new president of Prince Americas. John is a 17-year veteran of Wilson Sporting Goods, where he rose to be the VP and General Manager of their global racquet sports division before leaving in 2003…

Timberland Shutters Mion and GoLite Projects…

In a bid to cut costs amid a nearly 78% decline in earnings since 2005, The Timberland Company is shuttering its Miôn and GoLite outdoor footwear lines in a sudden reversal of its multi-branded outdoor specialty strategy launched three years ago. The dec

Rocky to Keep Making Dickies Boots Through 2010

Williamson-Dickie Mfg. Co., makers of the Dickies workwear brand, has extended Rocky Brands' license agreement to exclusively manufacture and market footwear under the Dickies brand in the U.S. through 2010…

Timberland Shutters Miôn and GoLite Projects…

In a bid to cut costs amid a nearly 78% decline in earnings since 2005, The Timberland Company is shuttering its Miôn and GoLite outdoor footwear lines in a sudden reversal of its multi-branded outdoor specialty strategy launched three years ago…

Trek Counter Sues LeMond to Terminate Licensing Agreement

After eight turbulent years, Trek Bicycle Corp. finally severed relations last week with three-time Tour de France winner Greg LeMond over his continued allegations that Trek spokesman Lance Armstrong and other cyclists had used performance enhancing drug

Late Snow Prompts Chain Stores to Discount Deeply in March

Despite the deepest snow pack in years, chain stores had to aggressively mark down product in March to clear out their inventories, according to retail point-of-sale data compiled by SportsScanINFO. The data shows year-over-year percentage growth in chain

TomTom Cuts Q1 Outlook

TomTom, the Dutch navigation device maker, cut its 2008 revenue outlook and warned price cuts would hit first quarter sales and profits. The maker of portable navigation devices (PNDs) for cars and mapping software for handheld computers said quarterly sa

NRF: Online Sales to Grow 17% in 2008

According to the annual “State of Retailing Online” survey from the National Retail Federation, (NRF), online retail sales are expected to grow 17% to $204 billion in 2008. Apparel (US$26.6 billion), computers (US$23.9 billion), and autos (US$19.3 billion