GSIC Could Lose Money from Operations in Fiscal 2008
GSI Commerce Inc. lowered its fiscal 2008 guidance for income from operations to a range of -$1.5 million to $1.5 million, from $3 million to $6 million forecast in mid-February. The e-commerce company said its loss from operations more than tripled to $1
Singtex to Build bluesign-Compliant Facility
Singtex Industrial Co., LTD, Taiwan has signed a contract to perform bluesign screening within its new dyeing and finishing facility with bluesign technologies ag. Singtex will rely on the bluesign standard in managing all environment, health and safety i
Native Partners with Recreational Boating and Fishing Foundation
Native Eyewear has entered a partnership with the Recreational Boating and Fishing Foundation to help promote the Anglers Legacy “Take the Pledge” program. This program asks avid anglers to take at least one new person fishing each year and share their p
NRF: Mother’s Day Spending to Fall Short of 2007
Mother’s Day might not be as rosy for mom this year, with consumers planning on scaling back on the quantity of gifts they buy for the holiday. According to NRF’s 2008 Mother’s Day Consumer Intentions and Actions Survey, conducted by BIGresearch, consumer
DSW Opens Three Stores
DSW announced the opening of three stores in Atlanta, GA; Dulles, VA; and Noblesville, IN. In 2008, DSW plans to open at least 30 new stores…
Golf Warehouse Teams with Golf Channel for Amateur Tour
Online retailer The Golf Warehouse (TGW) has been selected as “Official Retailer” of the 2008 GOLF CHANNEL Amateur Tour with tournaments in 70 cities contested between more than 7,000 golfers…
Mountain Biker Dies at Sea Otter Classic
A 48-year-old mountain biker died after colliding into an enbankment in the first ever fatality in the 18 years of the Sea Otter Classic in Monterrey, CA, SFgate.com reported today…
VF Corp’s Q1 Revenues Climb 10%
VF Corp. reported first quarter revenues rose 10% to $185 billion from $1.67 billion a year ago. Income from continuing operations climbed 11% to a record $149 million, compared with $134.1 million in the prior year's quarter. Earnings per share from
Etnies Aims to be Carbon Neutral by 2020
Sole Technology, parent company of etnies, eS, Emerica, ThirtyTwo and Altamont apparel, announced the results of its first corporate eco-audit to measure the company's overall carbon footprint, and its goal of becoming a carbon neutral company by the
High Sierra Adds Sourcing and PR Execs
High Sierra Sport Company named Jack Rohrbach, as Senior Director of Product Sourcing and Merchandising, and Stella Peterson, as Director of Public Relations…
OIA Announces Outdoor University Dates
The Outdoor Industry Association said its 2008 Outdoor University national tour will feature four, one-hour seminars covering the topics of sales analysis, leadership trianing, employee recruitment and retention and communication tips.
Nautilus Closes Sale of Pearl Izumi to Shimano
Nautilus, Inc. said it had closed the sale of its subsidiary DashAmerica, Inc., d/b/a/ Pearl iZumi, to Shimano American Corporation, a division of cycling and fishing equipment provider Shimano, Inc….
Industry Q4 Retail Hurt by Lack of ‘Must Haves’…
Retailers tracked by Sports Executive Weekly saw a reversal of fortunes in the fiscal 2007 fourth quarter as the ‘must haves’ that drove gains in the prior year period failed to materialize this past Holiday season. While vendors were still capitalizing
Crocs Shares Plummet on Lowered Guidance…
Crocs had a tough week as it fired a warning shot to Wall Street that it would fail to meet its earlier guidance for both the first quarter and the fiscal year. The Street shot back with the company’s stock closing down 43.1% for the week, closing at $10
BPA Bottles On The Way Out at REI, Nalgene and in Canada…
As Canadian retailers like Forzani and Canadian Tire moved to yank BPA bottles from their shelves, Nalgene said it will phase out production of such products over the next few months Friday. Nalgene said it will wind down production of its Outdoor line of
