Lady Foot Locker Sponsors Disney Marathon
Lady Foot Locker will be the presenting sponsor of Disney's Princess Half Marathon Weekend in March 2009, its inaugural race. Under the multi-year agreement, Lady Foot Locker will be involved in the marketing of Disney's Princess Half Marathon W
West 49 Reports 3.9% Q2 Comp Gain
West 49 Inc., Canada's action sport retailer, reported sales for the second quarter ended July 26 rose 6.1% to $45 million. Comparable store sales climbed 3.9% on a consolidated basis. Comps rose 6.2% at the West 49 banner, representing the strongest
Payless Partners with Middle East Franchisee
Collective Brands Inc plans to expand Payless ShoeSource into nine Middle East countries with franchise partner M.H. Alshaya, the Wall Street Journal is reporting. The company will be franchising its stores for the first time…
Warnaco Names SVP, General Counsel and Secretary
The Warnaco Group, Inc., the parent of Speedo, appointed Jay Dubiner as senior vice president, general counsel & secretary. Mr. Dubiner will oversee the company’s worldwide legal matters in addition to acting as corporate secretary. He will report directl
Kohl’s August Comps Drop 5.8%
Kohl’s Corp reported that sales for the four-weeks ended August 30, increased 2.6% to $1.26 billion from $1.22 billion a year ago. On a comparable store basis, sales decreased 5.8%…
Costco’s U.S. Comps Climb 9% in August
Costco Wholesale Corporation reported net sales increased 12% to $5.41 billion for the month of August from $4.84 billion a year ago. On a same-store basis, sales grew 9% in the U.S. and 6% internationally…
Mountain High Knitwear Acquires K-Swiss Sock License
Hosiery supplier Mountain High Knitwear has acquired the sock license for K-Swiss. The new high-tech performance line targeted for serious athletes in tennis, running and cross-training rolls out Spring 2009…
SIA Announces 08-09 SnowSports Regional Rep of the Year Winners
SnowSports Industries America (SIA) has announced the winners of the 2008-09 SIA SnowSports Regional Rep of the Year Award. In its third year, this award recognizes those sales reps in the snow sports industry that have successfully fostered relationships
Collective Brands Profits Jump Before Litigation Charges
Collective Brands, Inc. reported second-quarter EPS rose 42.1% excluding special charges, to $33.6 million, 54 cents a share, from $24.9 million, or 38 cents, a year ago. After including pre-tax expenses of $36.2 million, or 41 cents a share, related to l
NexCen Board Member Resigns
Jack Rovner has resigned from the board of NexCen Brands, Inc., the parent of The Athlete's Foot. He was elected director of the company in October of 2006. Rovner is the co-owner and partner of Vector Management, an artist management firm in the mus
Summer Trends Show Shifting Lifestyles, New Priorities
As families struggle with the rising cost of gasoline, the increased cost and inconvenience of summer travel and the much-publicized scare from the effects of BPA in some consumer products, there have also been big benefits this summer for categories and
Quiksilver Finally Sees Light at End of Rossignol Tunnel
Quiksilver, it would appear, has finally found its way out from under the misguided deal it entered into in 2005 to acquire the Rossignol business that also included Cleveland Golf. After making a deal to sell off Cleveland to the parent company of Srixo
Genesco Raises Outlook After Strong Top Line Performance in Second Quarter
Genesco, Inc. had a strong net sales performance in the second quarter as its Journeys concept continues to dominate the fashion athletic footwear category in the mall. The specialty retailer also got a boost from a jump in sales at Hat World and from com
DSW Second Quarter Profit Soars on Improved Merchandise Margins
With tight inventory controls feeding a 44.4% merchandise margin – a 600 basis points improvement over the prior year, DSW Inc. reported Q2 earnings jumped 69%. The margin gain made up for a 6% drop in same-store sales. Occupancy expenses deleveraged 110
Famous Footwear Sees Bright Spot in Athletics in Q2
Although Famous Footwear continues to see encouraging trends in athletics, soft consumer spending led to a decline in store traffic and increased promotional activity as the retail chain showed a 2.9% Q2 comp decline. Earnings came in well below those of
