Genesco Nearly Doubles Q3 Net Income on Solid Journeys, Strong Lids Growth
Genesco Inc. reported a sharp increase in third quarter earnings as the Lids headwear chain benefited from strength in MLB and action sports brands, Journeys capitalized from new casual trends, and the overall bottom-line benefited from expense leverage.
Pacific Sunwear Exceeds Q3 Earnings Estimates on Narrowing Losses
Pacific Sunwear, Inc. reported sequential improvement for the third quarter ended Oct. 30, but weakness from its struggling Juniors business continued to impede any hope of year-over-year improvement…
DSW Ups Full Year Guidance on Positive Early Fourth Quarter Read
Improving shoe sales, increased traffic and a solid merchandising mix drove same-store sales for DSW Inc. to 10.1% growth for the third quarter ended Oct. 30. Net sales for the Columbus, OH-based branded footwear specialty retailer surged 10.0% to $489.3
Chinese Union Increasing Pressure on U.S. Corporations
More than one-third of members surveyed by the U.S. China Business Council (USCBC) have been pressured to unionize by China’s largest trade union in the last year, up from 22% in 2009 and 6% in 2008, according to the latest survey by the organizatio
Early November Sees Improving Outdoor Biz
Late-arriving shoppers provided a welcomed boost for outdoor retailers in September but unfavorable weather conditions and difficult year-ago comparisons caused fiscal four-week October same-store sales to slightly miss conservative analysts’ expect
Pacific Sunwear’s Comps Dip 2% on Black Friday
Pacific Sunwear said its same-store sales for Black Friday, Nov. 26, declined 2% versus Black Friday last year…
Wilson Golf Resigns Ricky Barnes
Wilson Golf reached an agreement to re-sign PGA Tour young gun Ricky Barnes…
RECALL: Katadyn Camping Stoves
About 7,700 camping stoves and related equipment made by Katadyn North America are being recalled. Damaged fuel lines and/or O-rings may cause fuel leakage, posing a fire hazard to consumers…
Overall Apparel Sales Accelerate in Early November
Retail sales of key holiday categories showed mild to sharp gains in the first two weeks ended Nov. 13, particularly in apparel, luxury and jewelry, according to MasterCard Advisors’ SpendingPulse, a macroeconomic report tracking national retail and
Famous Footwear’s Q3 Comps Climb 10.6%
Brown Shoe Company, Inc. reported sales for the third quarter increased 14.5% to $716.1 million. Famous Footwear's sales increased 8.3% to $421.5 million, driven by a 10.6% same-store sales increase, with positive performances across all categories,
Obermeyer Adds to Sales, Customer Service Teams
Aspen-based Sport Obermeyer (Obermeyer) three new internal team members to further enhance its sales and customer support. The lineup of newly added positions includes Taylor Randall as strategic account manager aloing with and Account Executives Brad Mil
I.C. Isaacs Partners with Samsung to Launch Lacrosse Brand
I.C. Isaacs & Company, Inc. has expanded its partnership agreement with Samsung (SCTA) to include the newly launched Flow Society lacrosse brand of apparel and accessories…
Point6 Selects Five European Distributors
Point6 added five distributors to its European sales force to grow retail distribution in Austria, Denmark, Norway, Sweden, and the United Kingdom (including Ireland). The company already distributes in Italy, Germany and Canada…
Portland Targets Athletic and Outdoor Industry Cluster
Economic development leaders in Portland, OR unveiled their plans to recruit more companies to the region’s athletic and outdoor industry cluster at a meeting last week…
Reebok Sued Over Toning Claims
A lawsuit filed in Boston's federal court asserts that Reebok made false claims about the fitness benefits of its EasyTone shoes. The lawsuit by Massachusetts consumer Sandra Altieri claims that because of Reebok's marketing campaign, Altieri an
