Brown Shoe Posts $7.6MM Q1 Loss, Famous Footwear’s Comps Off 4.9%
Brown Shoe Co., the parent of Famous Footwear, reported a loss of $7.6 million, or 18 cents a share, in the first quarter. Sales declined 2.8% to $538.7 million from $554.5 million in the year ago quarter. Famous Footwear net sales were $317.6 million, a
Gramicci Adds to Growing Sales Force
Gramicci has added two more well-known outdoor apparel industry sales representatives to its sales team. This follows on the recent announcement of other new representatives, bringing Gramicci closer to finalizing a new nationwide sales team…
Jim Tompkins to Leave New Balance
New Balance President and COO Jim Tompkins will leave the company in early June after 10 years in the position. A spokesperson with New Balance said the company is currently developing transition plans…
Outdoor Retailer Further Cuts Costs to Add Value
Like operators of many businesses these days, the organizers of the Outdoor Retailer trade show recognize that “flat is the new up.” That's why their “goal” for the upcoming Summer Market is to have at least the approximately 21,000 overall attendees
RECALL: Norco, Trek, Cannondale Bikes
Around 20,000 mountain bikes and bike frames are being recalled last week by three companies in cooperation with the U.S. Consumer Product Safety Commission. Both Trek and Cannondale are recalling bikes with faulty suspension forks manufactured by Taiwane
Survey: Business Getting Done at OR Trade Show
In its first comprehensive survey around the iconic outdoor industry trade show event since 2004, the organizers of Outdoor Retailer found – not so surprisingly – that new products and networking were the primary reasons retailers went to their trade show
Sportsmen Applaud Administration Support of Clean Water Act Protections
Members of the Theodore Roosevelt Conservation Partnership Wetlands and Clean Water Working Group applauded statements made by the Obama administration supporting a legislative fix to the long-standing confusion over federal protections of the nation’s ri
Cloudveil Appoints New Sales Positions
Cloudveil has named James Samuel to a new position, Director of Global Sales, while Ned Hutchinson assumes North American Sales Management responsibilities…
YogaDirect Becomes Preferred Yoga Supplier for Lady of America
YogaDirect.com is teaming up with the Lady of America Franchise Corporation, one of the largest influences in women’s fitness in North America…
NSGA: 2008 Sporting Goods Sales Reach $53.4 Billion
In spite of a 16% surge in shooting sports equipment, retail sales of sporting goods (footwear, clothing and equipment), which reached a record $53.5 billion in 2007, fell 1% in 2008 to $53.4 billion, according to the just released National Sporting Goods
Broder Bros. Completes Financial Restructuring
Broder Bros. Co., which distributes Anvil, Fruit of the Loom, Gildan, Hanes, Jerzees, adidas Golf and Champion product, has completed its previously-announced financial restructuring through the settlement of its private exchange offer…
SIA: Snow Sports Sales Dropped 4.4% in 2008-09 Season
According to SIA's recently released Retail Audit, snow sports market sales declined 4.4% in dollars and 2% in units for the 2008/09 season. This season brought in a total of $2.82 billion compared to last season’s $2.95 billion in sales. Current sea
Foot Locker Inc. Sees Better than Expected Q1 Results
Foot Locker, Inc. saw their first quarter financial results come in better than expected going into the period, but they see the external forces impacting retail remaining “quite challenging” – at least in the near term. The world’s-largest-athletic-foot
Jim Gerson Named President,Reef-Americas
Reef, which is part of VF Corp., appointed of Jim Gerson, currently vice president of Apparel at The North Face, as president of Reef-Americas. In his new role, Jim will be responsible for developing the product line and brand strategy for the Reef brand
Hibbett Sports Sees Strong Footwear Focus Net Strong Bottom Line Results for Q1
Hibbett Sports got a boost from strong early sell-through of footwear and accessories and benefited from slightly higher overall average selling prices to post a fairly solid first quarter, but trends slowed at the end of the period as the small market re
