Gander Mountain Inks Deal for Private Label Credit Card
Alliance Data Systems Corporation signed multi-year agreements with Gander Mountain to provide new private label credit card and database marketing services in support of Gander Mountain's multi-channel business…
TaylorMade-adidas Appoints COO
TaylorMade-adidas Golf Company promoted Pete Sanchez to the position of COO. In his new role, Sanchez will oversee the company's engineering, supply chain, sourcing, procurement and all manufacturing operations. Sanchez joined TaylorMade-adidas Golf
Collective Brands Reaffirms Full Year Guidance
Collective Brands Inc. reaffirmed its comparable store sales for the fiscal year, while providing further details of the impact from its acquisition of Stride Rite. The company confirmed expectations for comps to be below its long term target of low-singl
Hanesbrands Moves Sewing from Central America to Asia
Hanesbrands Inc. plans to increase production in Asia by closing down manufacturing operations in the Western Hemisphere. The move, which is expected to be completed by the end of summer 2009, will consolidate production through nine plant closures in fiv
With U.S. Economy Teetering, Outdoor Brands Look to Owned-Retail
At the Thomas Weisel Partners Consumer Conference this week, several major outdoor brands outlined success stories and provided a mostly positive outlook for the future…
With U.S. Economy Teetering, Outdoor Brands Look to Owned-Retail
At the Thomas Weisel Partners Consumer Conference this week, several major outdoor brands outlined success stories and provided a mostly positive outlook for the future…
Genesco Sees Slower Store Expansion, Opportunity for Better Lease Deals
In its first update of its five-year plan since 2006, Genesco Inc. disclosed that it expects store growth to slow down over the next few years but also expects robust bottom line growth. Overall, top-line growth is expected to rise 8% to 10% annually to
The Finish Line Sees Higher Selling Prices Drive Q2 Earnings Growth
Helped by a 10% jump in average selling prices on footwear, Finish Line reported a 91% jump in earnings from continuing operations. On a conference call, Alan Cohen, chairman and CEO, said Finish Line's improved performance “demonstrates in our Finis
Golfsmith Appoints COO
Golfsmith International Holdings, Inc. appointed Sue E. Gove as its EVP and chief operating officer. Most recently, Gove was an independent consultant but had previously served in the same role for Zale Corp., the jeweler. She will initially oversee finan
Scheels Opens Largest Store
Scheels opened its largest store on Saturday, and what it's calling the world's largest sporting goods store. The 295,000-square-foot Scheels at The Legends at Sparks Marina, Nev., a city of 90,000 near Reno…
GreenRep.Org is the Answer to Making Sales Greener
Greenrep.org is a sales agency dedicated to selling green products and advancing green initiatives in the surf, skate, snow, and outdoor industries. Greenrep.org works by donating 5% of all profits to green organizations and educational sources.
Yue Yuen Profits Benefit from Olympics
Yue Yuen Industrial (Holdings) Ltd. boosted nine-month profit 56%, helped by the sale of a stake in a retail unit and increased demand ahead of the Beijing Olympics. Net income climbed to $438.1 million in the nine months ended June 30 from $281.5 million
Nike Foundation Supports Liberia’s Girls Initiative
The Nike Foundation will help fund the Adolescent Girls Initiative, a public-private partnership between the World Bank, the country of Liberia and the Nike Foundation. Launched at the World Bank on Oct. 10, the program aims to increase economic opportuni
Wal-Mart Vows to Cut Plastic Bag Usage by 33%
Wal-Mart Stores, Inc. took another big stride in its sustainability efforts when it committed to reduce its global plastic shopping bag waste by an average of 33% per store by 2013. To reach this goal, Wal-Mart will reduce the number of bags given out by
NRF Forecasts 2.2% Holiday Sales Growth
The National Retail Federation forecasted that holiday sales will rise 2.2% this year to $470.4 billion. This gain would fall well below the ten-year average of 4.4% holiday sales growth and would represent the slowest growth since 2002, when holiday sale
