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

NBA Expects Strongest Season Ever

The NBA Store on Fifth Avenue had its best March ever with a 46% sales increase over last year. Since the beginning of the 2007-08 season, sales at the NBA Store are up over 17% versus last year as the regular season enters its final week…

Brown to Move Famous Footwear HQ to St. Louis

Brown Shoe Company, Inc. said it plans to join together employees from its Famous Footwear division headquartered in Madison, WI with its St. Louis-based divisions to create a more connected footwear company. The company will be headquartered in St. Louis