May Comps Disappoint; June, BTS will be Key for Recovery
For the second consecutive month, a holiday calendar shift and damp, cool weather throughout much of the country has dropped retail same-store sales below most analysts’ expectations. May, a month that is typically boosted by summer apparel sales, w
Shoe Carnival Sees Q1 Sales, Profits Jump
A 13.1% comp gain combined with improved gross profit margins and controlled expenses resulted in the strongest quarterly earnings performance in Shoe Carnival's history. Led by toning footwear, the comp gain beat guidance in the range of 8% to 9%, a
Quiksilver Triples Fiscal Second Quarter Profits Despite Revenue Decline
Quiksilver, Inc. continued to move forward with solid profits in the company’s fiscal second quarter ended April 30 as net income surged 235% to $9.4 million, or 6 cents per diluted share, compared to $2.8 million, or 2 cents per diluted share, in t
Sport Chalet Finishes Tough Year with Solid Q4
Citing favorable winter weather and improved inventory position, Sport Chalet was successful in boosting sales in the fiscal fourth quarter ended March 28, to $90.2 million from $84.5 million in the prior-year period.//
Dorel Looks to Expand on Heels of Current Upswing
Following first quarter reports of growth in its Recreation/Leisure segment (up 12.5% to $181.7 million), executives at Dorel Industries maintained to shareholders at a meeting last week that improving consumer confidence and new products from Cannondale
Remington Acquires Majority Stake in Mountain Khakis
A major equity investment by Remington, one of the world’s best known firearms companies, will enable Mountain Khakis to accelerate product development, hiring and marketing and likely speed up its entry into the hook and bullet channel, where Gand
NH Ski Areas See Visits Dip in 2009/2010 Season
Ski NH estimated a total of 2.2 million alpine skier and snowboarder visits for the 2009/2010 season, down 2.6% from the winter of 2008/2009. Cross country areas had a successful winter, hosting 143,787 visits, essentially even with visits from the previo
Teva Commits $100,000 for Gulf Clean-Up
Teva, a division of Deckers Outdoor Corp., plans to raise awareness and assist in the Gulf of Mexico clean-up through a commitment of $100,000 to long-term partner, Waterkeeper Alliance. The company noted that on Earth Day, 2010, the Gulf of Mexico was ro
Icebreaker Scouting Store Locations in SoHo
Icebreaker plans to open up to 50 stores in the next five years, including its first one in New York City in September, according to a report in the Financial Times…
Pacific Market International Receives Equity Infusion
Pacific Market International (PMI), the Seattle-based owner of food and beverage brands Aladdin and Stanley, announced an equity partnership agreement with fellow Seattle-based investment company, the Joshua Green Corporation…
U.S. Division of C.A.M.P. Acquired As Wholly-Owned Subsidiary
C.A.M.P. S.p.A., the Italian manufacturer of climbing, mountaineering and safety equipment, has formed C.A.M.P. USA Inc., a wholly-owned subsidiary headquartered near Boulder, CO and established to serve exclusively the U.S. market. The brand most recentl
NSSF Launches Radio Blitz to Stop Microstamping in NY State Senate
The National Shooting Sports Foundation (NSSF) launched an advertising campaign in opposition to S. 6005, legislation that would mandate the flawed technology of firearms microstamping in New York, according to recent release by the organization…
Brown Shoe Buys Remaining 50% of Edelman Shoe
Brown Shoe Co acquired the remaining 50%interest in women's shoe-maker Edelman Shoe Inc for for $39.6 million in cash and stock…
Volcom Unifies Efforts Under CRS Program
Volcom, Inc. named 13-year veteran Derek Sabori to head up its first unified Sustainability and Corporate Social Responsibility program…
New Hampshire Ski and Snowboard Visits Diped 2.6%This Season
Ski NH estimated a total of 2,228,571 alpine skier and snowboarder visits, down 2.6% from the winter of 2008-09, which was the third best on record for skier visits in New Hampshire…
