Collective Brands Q1 Net Drops on Payless Weakness
Collective Brands, Inc. reported earnings tumbled 51.3 percent to $26.4 million, or 42 cents per share, from $54.2 million, or 83 cents, a year ago. Sales decreased 1.1 percent to $869.0 million. Weak sales at its domestic Payless chain offset strength at
Brown Shoe Appoints VP-Investor Relations
Brown Shoe Company, Inc. appointed Peggy Reilly Tharp to the position of vice president-investor relations…
Stride Rite Retail to Expand to Indonesia, Thailand and Korea
As part of its international growth strategy to expand the company's global footprint for all its brands and businesses, Collective Brands, Inc. announced that its Performance + Lifestyle Group (PLG) has signed new agreements aimed at bringing the ch
McDavid Hire Sales Manager, Western U.S.
McDavid USA has hired Paul Andre in a new position as sales manager – Western U.S…
Backcountry North Joins Grassroots Outdoor Alliance
Michigan's Backcountry North has become the newest retailer member of Grassroots Outdoor Alliance. The company's owners, who are on track to nearly triple retail space in just two years, say the surplus real estate and staycation trends fostered
Perry Ellis’ Q1 Earnings Jump on 31 Percent Revenue Gain
Perry Ellis reported revenue increased 31 percent in the first quarter to $288.3 million from $220.3 million for the comparable prior year period. Net income increased 37 percent to $15.4 million, or 99 cents a share. The apparel giant increased its fisca
FansEdge.com Parent Sees Q1 Top Line Up 42%
Multi-channel retailer Dreams, Inc. revenues jumped 42.2 percent to $23.5 million in the first quarter from $16.5 million in the year-ago period. E-commerce revenues rose 52 percent to $16.8 million, largely driven by a 61 percent increase in the company&
Hibbett Sports Raises 2011 Guidance on Strong First Quarter Performance
Paced by robust demand in footwear and apparel, Hibbett Sports, Inc. notched its sixth consecutive quarter of comp store sales increases and its seventh consecutive quarter of earnings increases…
Deckers Outdoor to Acquire Sanuk; Valuation Set at More than 3X Sales
Deckers Outdoor Corporation’s offered top dollar last week to buy Sanuk, one of the few lifestyle brands out there capable of duplicating the success of the Ugg Australia brand…
Container Imports Level Off for First Time in 18 Months
Import cargo volume at the nation's major retail container ports is forecast to level off this month at about the same numbers as last year after nearly 18 months of year-over-year gains, according to the monthly Global Port Tracker report released b
Fila Korea Leads Group in Winning Bid for Acushnet Golf
After months of speculation and deliberation, Fortune Brands, Inc. has announced a definitive agreement for the sale of its Acushnet Co. golf business to a group led by Fila Korea Ltd., the owner of the Fila brand globally, and Mirae Asset Private Equity,
Zumiez Inc. Swings to Profit in Fiscal First Quarter
Zumiez Inc. reported revenues improved 18.8 percent to $105.9 million in the fiscal first quarter ended April 30 on an increase in transactions and improvement from the company’s e-commerce channel…
New Philippines Partners for Saucony, Sperry and Keds
Collective Brands, Inc. announced that its Performance + Lifestyle Group (PLG) has signed a wholesale distribution agreement with Iconic Advantage to broaden the reach of its Keds fashion sneaker brand and to launch the Saucony running brand and Sperry To
Airwalk Reaches License Agreement with Japan’s ITOCHU
Collective Licensing International inked a multi-year licensing deal for Airwalk with Japan's ITOCHU Corporation, which will make the company a master licensee of the brand in China, Hong Kong, and Macau…
Jimmy Choo Sold to Bally’s Owner
Labelux, which owns Swiss shoe brand Bally, agreed to buy upscale shoemaker Jimmy Choo. Financial details weren't disclosed, but earlier reports suggested Jimmy Choo was valued at £400 million to £550 million ($650 million to $895 million)…
