Foot Locker Sets $10 Billion Goal for 2020

Coming off four consecutive years of record-breaking financial results, Foot Locker Inc. again hiked its bar with the release of goals for the five-year (2016 to 2020) period. Foot Locker President and CEO Richard Johnson said Foot Locker initially set i

DSW’s Q4 Profits Rise 13 Percent

DSW Inc. reported earnings on an adjusted basis rose 13 percent to $30.9 million, or 35 cents a share, exceeding its guidance calling for earnings between 21 and 31 cents a share. Comparable sales increased 7.6 percent…

Saucony Athletes Big Weekend Winners

Within a 48 hour period, Saucony athletes dominated road racing podiums from New York to Los Angeles to China.
Ben True won his third straight USA 15K title; Jared Ward was crowned USA Marathon Champion; Molly Huddle became the first American winner of NY

Black Diamond Weighs Selling Brands

Citing a strong fourth quarter performance, high valuations for premium outdoor brands and its ability to offset federal taxes on asset sales, Black Diamond Inc. said it has hired two global investment banks to explore strategic buyers for its three brand

Versa Capital Acquires Wet Seal’s Business

Versa Capital Management, LLC, the parent of Bob’s Stores, Eastern Mountain Sports and Sport Chalet, became the winning bidder in the auction for the business of The Wet Seal, Inc., a teen specialty retailer in reorganization proceedings…