Deckers Outdoor’s Q3 Hit by Weakness at Ugg

Hurt by weaker sales of Ugg due to rising prices and warm weather, Deckers Outdoor Corp reported net sales in the third quarter fell 9.2 percent to $376.4 million compared to $414.4 million for the same period last year. Net earnings slumped 32.3 percent

Iconix Acquires Umbro from Nike

Iconix Brand Group, Inc. signed a definitive agreement to acquire the Umbro brand and related intellectual property assets from Nike, Inc. for $225 million in cash. The transaction is expected to close by the end of the year…

Intersport Corp. to Acquire The Athlete’s Foot

Global Franchise Group, LLC said it reached an agreement to sell The Athletes Foot (TAF) to Intersport International Corp. (IIC). TAF currently has 430 franchisee-owned stores in 27 countries, including the U.S., Mexico, Peru, the United Arab Emirates, Ku

Rocky Brands Sees Modest Q3 Revenue Gain

Rocky Brands, Inc. reported net income in the third quarter nudged ahead to $5.4 million, or 72 cents a share, from $5.2 million, or 70 cents, a year ago. Sales gained 2.1 percent to $72.5 million from $71.0 million a year ago…

FedEx Forecasts 13 Percent Increase in Holiday Volume

For the overall holiday season between Thanksgiving and Christmas, FedEx forecasts more than 280 million shipments to move through its worldwide shipping networks. This would be a year-over-year volume increase of more than 13 percent compared to 2011 whe