Unifi Inc. Credits Q3 Profit to Stronger Polyester Pricing
Unifi Inc. earned a profit in the third quarter ended March 25 as higher prices for its polyester fiber continued to offset slightly lower volumes. The company said inventory destocking by apparel retailers and brands has largely run its course, laying th
Accell Group N.V. Raises Euro 31.3MM in New Share Offering
Accell Group N.V. successfully raised €31.3 million through an accelerated offering of 2 million new ordinary shares that were priced at €15.65 per share. The net proceeds of the offering will be used to partly finance the acquisition of Ralei
National Retail Federation Urges FTC To Move Slowly on Mobile Payments Regs
The National Retail Federation urged the Federal Trade Commission to move cautiously in establishing regulations for mobile payments, and said any rules that are adopted should parallel those for the underlying form of payment and not be specific to the t
Access Fund Analyst to Spearhead Opposition to Arizona Land Swap
The Access Fund has hired Curt Shannon as its Arizona policy analyst to represent climbers and the Access Fund in their current opposition to HR 1904, the Southeast Arizona Land Exchange and Conservation Act – more commonly known as the Oak Flat Land Exch
Columbia Sportswear Reports Flat Q1, Foresees Flat 2010
Columbia Sportswear Co. reported flat results for the first quarter and forecast sales will grow at 1 percent or less as lower sales in Europe, Canada and the U.S. offset growing direct-to-consumer sales in the United States, Korea and Japan and increased
Deckers Outdoor Lowers FY Outlook on Margin Pressures/International Weakness
As expected, Deckers Outdoor Corp. reported first-quarter earnings fell sharply due to the unusually warm weather's impact on the boot category and higher product costs. Gross margins disappointed due to channel mix and higher closeouts for the Teva
Wigwam Becomes Official Sock of Ironman Mont Tremblant 70.3
Wigwam, the performance sock company, has become the official sock of Ironman Mont Tremblant 70.3 and the full Ironman Mont Tremblant races. After having been the official sock of Ironman races in the U.S. for 18 years, Wigwam is now expanding its sponsor
Puma Q1 Net Earnings Decline, Backs Full-year View
Hampered by a slow-down in Europe, Puma reported earnings slid 4.9 percent in the first quarter as gross margins slid 120 basis points. Sales rose 6.1 percent. On a currency-adjusted basis, sales were down 1.4 percent in the EMEA region while growing
Lafuma Group Reports Robust Outdoor Sales for First Half
Sales revenue for the Lafuma Group in the first half of fiscal 2011/12 increased 8 percent to €132.1 million as strong growth of its outdoor brands and in Asia more than offset a decline at its action sports business and flat sales at its equestrian
Arc’teryx Opens First Nuttallii Store in Tokyo
Arc’teryx is opening its first Arc’teryx female-specific brand store – Nuttallii, Arc’teryx for Women in Tokyo…
Freedom Group Appoints CEO
Freedom Group has appointed George Kollitides as its chief executive officer. Kollitides had been serving since March as acting CEO of FGI, which owns Remington Arms, Bushmaster, DPMS and Marlin…
Callaway Golf Signs Kelly Kraft
Callaway Golf Company signed U.S. Amateur Champion Kelly Kraft to a multi-year contract to play and endorse Callaway Golf equipment…
Reed Footwear Hires New Sales Teams
Reed Footwear, Seattle based footwear company specializing in neoprene boots and fishing waders, has filled multiple sales positions throughout the country…
Jones Group Posts Loss on Revenue Decline
The Jones Group Inc., the parent of Nine West, reported revenues for the first quarter of 2012 were $936 million, as compared with $961 million for the first quarter of 2011…
REI Releases Sixth Annual Stewardship Report
REI (Recreational Equipment, Inc.) released its sixth annual stewardship report. The report details the company's efforts to address its operational impact on the environment, protect outdoor natural spaces, and provide an inclusive and rewarding wor
