Skechers CFO Departs
Skechers USA, Inc. announced that Fred Schneider, its CFO, has informed the company of his resignation from his position in order to pursue other interests. Schneider plans to remain with the company through February 2010 in order to enable an orderly tra
L.L. Bean Opens Home Store
L.L.Bean will celebrated the grand opening of its new Home store in Freeport, September 12-13. The store is designed with an old-time general store feel and features unique lighting, tin ceilings and custom fixtures made from locally reclaimed and recycle
Neiman Marcus Q4 Loss Widens On Impairment Charge
Neiman Marcus Group Inc.'s fiscal fourth-quarter loss widened to $168.5 million, compared with a $35.6 million loss a year earlier. The latest results included $143.1 million in impairment charges, while the prior-year results had $31.3 million in im
Smith and Wesson Reports Q1 Sales Up 30% on Handguns, Tactical Rifles
Smith & Wesson Holding Corporation said net sales for the first fiscal quarter ended July 31, 2009 were $102.2 million, which was $23.8 million, or 30.3%, higher than net sales of $78.5 million for the first fiscal quarter last year…
Yue Yuen’s Sales Drop 8.2% in August
Yue Yuen Industrial (Holdings) Ltd. reported revenue fell 8.2% in August from a year earlier to US$386.4 million from $421.1 million…
Dick’s SG Launches Mobile Site at Dallas Cowboy’s New Stadium
Dick's Sporting Goods, Inc. launched its new mobile site past Labor Day weekend on the world's largest HDTV video board at the new Dallas Cowboys stadium. The retailer said it was the first time a stadium video billboard had offered this level o
NC Highway Patrol Switches to SWHC Pistols and Tactical Rifles
Smith & Wesson Holding Corporation said the North Carolina Highway Patrol has chosen to equip all of its officers with Smith & Wesson Military & Police (M&P) Series pistols and with M&P Series tactical rifles. The M&P357 pistols and M&P15 tactical rifles
Forzani Comps Fall 1% in Second Quarter
The Forzani Group Ltd. total revenue for the second quarter was up 0.3% from a year earlier and included an 8.1% gain in wholesale sales to third parties and the franchise network. Comparable store sales fell 1.0% during the quarter. Forzani slipped to a
Retail Comps Slide 2% for August, but Analysts Are Optimistic for Holiday
Retail continues to struggle in the throes of an economy that is not conducive to consumer spending, but same-store sales for the fiscal month of August painted a slightly more optimistic picture regarding outlook for Holiday 2009 — despite representing
Americans Expect to Keep Spending in Check for Holiday
Back-to-school shopping season hasn’t even ended yet, but American consumers are looking ahead to the Holiday shopping period with some trepidation. Based on a recent consumer survey conducted by The SportsOneSource Group, more than half the respon
G-III Apparel Shrinks Q2 Loss
G-III Apparel Group Ltd. narrowed its loss in the second quarter to $2.8 million, or 17 cents a share, from $3.85 million, or 23 cents, a year earlier. But the leather outerwear company also warned that it may not be profitable until next year's seco
Gander Mountain Exits PowerSports; Go Forward Categories Comp Up 1.8%
Following up on an especially strong first quarter that saw boosts from several key product segments, Gander Mountain reported disappointing second quarter results as losses widened on sliding revenues. Company management attributed disappointing results
CLC Forecasting Decline in Sales and Licensing Revenues for Year
Collegiate Licensing Company, which manages the trademarks of most major colleges, is forecasting retail sales of college fan merchandise could be down 7% this year from sales of $4.3 billion last year. In an interview with Reuters, Derek Eiler, SVP and
Quiksilver, Inc. Meets the Street in Fiscal Q3, Forecasts Loss for the Fourth Quarter
Quiksilver Inc. managed to show a small profit in its fiscal third quarter ended July 31, thanks to cost cutting efforts. But the company surprised Wall Street by forecasting a loss in the fourth quarter due to weakening sales and higher interest costs.
Lululemon to Launch Kids Product and Retail Concept
Lululemon athletica inc. is introducing ivivva athletica, a new brand the vertical retailer said is focused on 6-12 year olds and will feature technical, multi-functional apparel that will include many of the design features found in lululemon product…
