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…
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
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…
NBA Launches NBAStore.com on Facebook
The National Basketball Association announced a series of new social media activation for The Finals including the launch of the NBAStore.com on Facebook, special venues for “The Finals” on social networking platforms Foursquare and Gowalla, and fan inter
Report: Foot Locker Eyeing JJB Sports
Reports that Foot Locker Inc. is reviewing a possible acquisition or investment in JJB Sports sent shares of British retailer up, according to reports in British media…
Stanley Outdoor Joins Grassroots Outdoor Alliance
Stanley Outdoor Products has become the newest vendor partner at the Grassroots Outdoor Alliance, a group of specialty outdoor retailers that meets next week in Utah for its annual early buying show.
BJ’s May Comps Up 11.3%
BJ’s Wholesale Club, Inc. sales for May 2010 increased by 11.3% to $871.9 million, from $783.4 million in May 2009. Comparable club sales for May 2010 increased by 6.8%, including a contribution from sales of gasoline of 3.3%…
Shoe Carnival’s Q1 Earnings More Than Double, Comps Run Up 13%
Shoe Carnival, Inc. reported sales for the first quarter increased 13.3% to $189.5 million from $167.3 million a year ago. Comparable store sales increased 13.1%. Net earnings jumped 124% to $9.2 million, or 72 cents a share, from $4.1 million, or 33 cent
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 through long-term partner, Waterkeeper Alliance…
J. Wayne Merck Joins Angelo, Gordon and Co.’s PE Group
J. Wayne Merck, the former president and CEO of K2 Inc., has joined Angelo, Gordon & Co. as a senior advisor. Merck will also serve on the board of the firm's portfolio company, KEE Action Sports…
