Nordstrom Increases Dividend
Nordstrom, Inc. announced that its board of directors has approved a quarterly dividend of 23 cents per share, an increase of 15% over the previous quarter's dividend…
Native and Costa Sunglass Sales Rise 22.2% in Q4
Sales of Costa and Native sunglasses rose 22.2% to $11.4 million in the fourth quarter ended Jan. 1, 2011, according to A.T. Cross Company, which owns the brands through its Cross Optical segment…
TJX Q4 Earnings Fall 15%
TJX Cos.' fourth-quarter profit fell 15% as charges related to closure of the A.J. Wright chain offset a bigger-than-expected increase in revenue at its other outlets…
Dillard’s Q4 Profits Climb 37.9%
Dillard's, Inc. reported net income in the fourth quarter of $109.6 million, or $1.75 a share, for the 13 weeks ended Jan. 29, 2011, compared to $79.5 million, or $1.08 a year ago. Comparable store sales increased 7% for the fourth quarter…
Under Armour Officially Signs Cam Newton
Under Armour announced a multi-year partnership with 2010 Heisman Trophy winner Cam Newton, the leader of the Auburn Tigers' BCS National Championship season. The signing had been rumored for weeks…
Forzani Enters Team Business with Sportsphere Acquisition
The Forzani Group Ltd. announced the acquisition of Sports International CSTS Inc., trading as Sportsphere, a small private company located in Toronto, Ontario. A family business operated by the husband and wife team of Jeff and Connie Stephen, Sportspher
Sports Direct’s Revenues Climb 12% in Third Quarter
Sports Direct International said total sales for the 13 weeks ending Jan. 23 were up 12.1% to £416 million ($656.3mm) from £371 million a year ago. Gross profit increased 8.4% to £167 million ($264.5mm) from £154 million a year earlier…
K-Swiss Widens Fourth-Quarter Loss, Futures Up Double-Digits
K-Swiss Inc. widened its loss for the fourth quarter to $20.6 million, or 58 cents a share, from $12.5 million, or 36 cents, a year earlier. Worldwide revenues increased 1.5% to $42.7 million from $42.0 million a year ago. Domestic revenues increased 2.8%
Phoenix Footwear Notifies AMEX of Plans to Delist
Phoenix Footwear Group, Inc. has notified the NYSE AMEX that it intends to delist its shares on or after Feb. 28 as part of a cost cutting plan. Upon delisting from AMEX, the company intends to have its common stock quoted on the Pink OTC Markets…
Luxottica Acquires Two Sunglass Chains in Mexico
Luxottica Group S.p.A., the parent of Sunglass Hut, announced that it has entered into an agreement pursuant to which it will acquire Stanza and High Tech, two sunglass specialty retail chains totaling more than 70 stores in Mexico…
American Whitewater Applauds Obama’s America’s Great Outdoors Report
American Whitewater, the nation’s leading voice for headwater rivers, applauded the America's Great Outdoors Initiative report released Wedneday by the Obama Administration for listing river recreation as among the top ten priorities of a new f
Timberland’s Q4 EPS Double on 26.7% Sales Growth
The Timberland Company reported that global wholesale sales growth greatly outpaced that of direct-to-consumer sales in the fourth quarter ended Dec. 31, 2010, with strong performance of its men's footwear and SmartWool business in North America. Sal
Outdoor Industry Praises Obama’s America’s Great Outdoor Report
Joined by six outdoor industry leaders and introduced by Sally Jewell—president and CEO of REI, President Obama unveiled a report on America’s Great Outdoors (AGO) focused on connecting Americans to the great outdoors. The report calls for establish
Penguin Brands Hires EVP of Sales and Strategy
Penguin Brands, Inc. hired Bridgit Lombard to the position of executive vice president of sales and strategy. She held senior executive roles with Clear Channel Communications, MetLife, and Deloitte before opting to launch her own business…
Jarden Outdoor Sales Rise 16.8% in Q4
Operating earnings at Jarden Corporation's Outdoor Segment rose dramatically on double-digit sales growth in the fourth quarter and year ended Dec. 31, 2010 as charges related to acquisitions fell off dramatically…
