Li and Fung Ekes Out 1 Percent Sales Gain in 2012
Li & Fung Limited, which provides sourcing, logistics and distribution services for some of the largest U.S. and European apparel brands and retailers, reported 2012 sales of $20.2 billion, up 1 percent. The Hong Kong company said sales at its trading uni
Senate Committee Advances Jewell Nomination
The Energy and Natural Resources Committee of the U.S. Senate voted 19 to 3 to recommend the full Senate approve Sally Jewell as the next Secretary of the Interior. The nomination now goes to the full Senate for its consideration…
Billabong Says Merger Talks Ongoing
Billabong International Ltd said it remains in talks with two groups exploring $544 million bids for the company. The statement came after Billabong had asked for a trading halt to investigate why its shares had fallen more than 20 percent earlier on Thur
Perry Ellis’s Q4 Sales Increase Two-Fold
Perry Ellis International reported fiscal 2013 fourth quarter revenues total $258 million, an increase of 13 percent from $229 million last year…
Spy Inc. Slashes Close-Outs and Loss in Fourth Quarter
Spy Inc. continued on its turn around by reporting sharply lower operating losses in both the fourth quarter and year ended Dec. 31 thanks in large part to a much reduced level of close-outs sales of its sunglasses…
Nike+ Accelerator Companies Announced
Nike, Inc. announced the 10 companies that are participating in its Nike+ Accelerator program powered by TechStars. The program leverages the success of the Nike+ platform by connecting with viable companies that share a commitment to helping people lead
Gaiam Inc. Acquisitions Drive Bulk of Q4 Revenue Gains
Gaiam, Inc. reported net revenue rose 19.9 percent to $66.7 million in the fourth quarter ended Dec. 31, 2012 , compared to net revenue of $55.6 million in the prior-year period…
Lafuma Issues Profit Warning, Postpones Equity Issue
The Lafuma Group, which owns the Lafuma, Millet, Eider and Oxbow brands, confirmed a substantial decline in revenue that will significantly affect its results as well as the value of its assets in fiscal year 2012/2013. The French company's board of
Billabong Sets Deadline for Final Bids
Billabong International Ltd. has set a March 28 deadline for its two suitors to make final bids, an unattributed source told The Wall Street Journal…
Fleet Feet Opens 100th Store in South Carolina
Fleet Feet, Incorporated opened its 100th store in Mount Pleasant, SC Thursday. The centennial store is owned by new franchisees Chris and Amy Minkel…
Bass Pro Plans Store Openings
Bass Pro Shops announced plans to open stores in Hooksett (Manchester), NH; Utica, NY; and San Jose, CA…
American Apparel and Footwear Association Approves New Mission Statement
The American Apparel & Footwear Association (AAFA) board of directors unanimously approved a new mission statement and strategic plan to guide AAFA's priorities, operations, and accomplishments into the future. The vote, held Wednesday at the semi-an
Eagle Creek Wins ADDY Award For Outstanding Consumer Website
Eagle Creek travel gear has been awarded a prestigious Silver ADDY Award from the San Diego Ad Club for their brand website: www.eaglecreek.com…
Onitsuka Tiger Relaunches Website
Onitsuka Tiger has revamped the brand website to feature a more graphic, visual and user-friendly interface for fans and consumers…
OluKai Supports Punta Sayulita Classic
OluKai celebrated the conclusion of the 4th annual Punta Sayulita Classic as the Official Giveback Sponsor…
