Saks Returns to Profitability in Q4
Saks Inc. reported net income of $25.0 million, or 14 cents per share, in the fourth quarter. The year-ago period included a net loss of $4.6 million, or 3 cents per share…
VF Corp’s Revenues Climb 11% in Fourth Quarter
VF Corp. reported fourth-quarter revenues rose a stronger-than-expected 11% to $2.13 billion from $1.92 billion in 2009. Revenues rose 12% on a constant currency basis and earnings rose 8% on adjusted basis. Revenue growth in the quarter was driven primar
RCG Boosts EBIT 50% on Strong Peformance at The Athletes Foot
RCG Corporation Limited reported record half-year profits on the back of continued strong sales by its operating businesses, which operate The Athlete's Foot in New Zealand and Australia and wholesale Merrell, Chaco and Cushe footwear in Australia. T
Icebreaker Joins Conservation Alliance
Icebreaker joined The Conservation Alliance, which has contributed almost $9 million to conservation projects throughout North America…
Dunham’s Sports to Open First Stores in Tennessee
Dunham's Sports will open its first stores in Tennessee. The stores will open this spring in Columbia, Tullahoma and Cookeville, according to The Daily Herald…
Nike Credited for Innovation
Nike ranked 23rd on Fast Company 's The World's Most Innovative Companies 2011. The business magazine particularly praised its environmental design efforts…
Gov. Hunt Attends Gregory Mountain Ribbon Cutting
Utah Governor Gary R. Herbert, who has not been particularly sympathetic to the interests of the outdoor recreation industry, attended the ribbon cutting ceremony Friday for Gregory Mountain Products new headquarters on the Black Diamond campus in Hollada
Skechers Q4 Net Plunges on Thinning Toning Biz
Slammed by heavy promotions to clear excess toning models, Skechers USA's earnings tumbled 88.5% in the fourth quarter, to $3.2 million, or 7 cents a share….
Jarden Outdoor Fourth Quarter Profits Soar on Double-Digit Sales Growth
Earnings at Jarden Corporation’s Outdoor Segment rose dramatically on a nearly 17% increase in sales in the fourth quarter and year ended Dec. 31, 2010 as charges related to acquisitions fell off dramatically…
Golf Town to Make U.S. Debut in Boston
Canadian golf retailer Golf Town, Inc. will establish a group of golf superstores in Massachusetts this year to mark its first expansion in the U.S, according to a recent report in The Boston Globe…
Lululemon to Complete Purchase of HQ Building
Lululemon Athletica will complete the purchase of the building in Kitsilano, Vancouver, where its corporate headquarters is housed. The move will enable the retailer to settle in the community where it started…
Smith and Wesson to Lean on New Channels, Products to Return to Profit on 2011
Smith & Wesson management spoke at the recent Cowen and Co. Aerospace/Defense Conference about key growth initiatives following a fiscal second quarter that saw top and bottom lines fall considerably on declining gun sales and a significant write-down rel
Kneissl Files Bankruptcy; Awaits Investment
Kneissl, an Austrian maker of bicycles, skis, tennis racquets, apparel and accessories filed for bankruptcy Feb. 8 after its majority owner in Saudi Arabia did not meet a court deadline to inject more capital into the company, according to several media r
Court Rules REI Liable for Failure of Private Label Novara Fork
In a ruling that could have wide-ranging implications, REI must take responsibility for an allegedly defective fork that caused a Novara bicycle to collapse in 2007 and left a woman with permanent injuries, a Washington appeals court ruled last week…
January Was 7th Straight Month of Retail Growth
With consumers showing spending power beyond the holiday season, January marked the seventh straight month of retail sales gains…
