Adidas Posts Q4 Loss on Reebok Impairment Charges
Adidas reported a loss in the fourth quarter as it wrote down the value of its struggling Reebok brand. But it gave an upbeat outlook for the current year, predicting sales and earnings would rise with sales increasing in the mid-single digit range. It al
Costco Posts 5 Percent Comps Growth in February
Costco Wholesale Corporation reported currency-neutral U.S. comparable store sales excluding gasoline prices grew 5 percent in the 12 weeks, and 6 percent in the 24 weeks ended ended March 3…
The Buckle Attributes Dip in February Comp Store Sales to Missing Week
The Buckle, Inc. reported its comparable store net sales slid 1.1 percent for retail month of February due to the absence of a 53rd week in the 2013 period. Net sales for the four-week fiscal month ended March 2, 2013 increased 2.9 percent to $89.3 millio
Schoeller’s Griesman Fills Sale Role at Schoeller Technologies
Schoeller Textil U.S.A. announced Cricket Griesman will be expanding his role as sales manager to include Schoeller Technologies. Griesman will continue to hold the position of sales manager for Schoeller Textiles USA, which he has held since 2008…
Golf Rounds Down in January
January golf rounds were down 12.3 percent and days open were down 12.5 percent compared to January 2012, based on paired data provided by PGA PerformanceTrack…
Warrior Protection and Readiness Coalition Headed to Capitol Hill
The Warrior Protection and Readiness Coalition will travel to Washington DC March 14 to pursue procurement reforms aimed at securing the domestic industrial base that provides clothing, body armor, night vision devices and other gear to U.S. special force
Etnies Reaches 200,000 Tree-Planting Milestone
Etnies, the skateboarder-owned and operated global action sports footwear and apparel company, planted the first seed back in 2011 when it initiated its Buy a Shoe, Plant a Tree reforestation program and has since sprouted more than 200,000 trees in Cost
DSW Designer Shoe Warehouse Launches Luxe810
DSW Inc. announced the launch of Luxe810, the new luxury experience at dsw.com/luxe810. Offering top luxury brands at up to 50 percent off, the Luxe810 assortment include..
Tern Partners with Hamburg Transit Authority to Sell Portable Bikes
Tern has partnered with Hamburg’s transit authority to encourage greater use of portable bicycles with the city’s public transportation network. This is the third major German transit authority the urban bike maker has partnered with in the pa
Freewaters Hires Groundswell PR
Freewaters, makers of casual and conscious footwear, has signed Groundswell PR to head up their public relations efforts. Groundswell PR will handle all media relations and brand communications for the company…
Skullcandy’s Q4 Earnings Decline on Margin Pressures
Skullcandy, Inc. reported fourth quarter earnings slid 7.3 percent, hurt by increased sales of lower margin products, increased sales in lower margin channels and discounting. Net sales increased 21.0 percent to $101.0 million…
NRF Welcomes Bill to Repeal of Employer Mandate Provision of Healthcare Law
The National Retail Federation welcomed introduction of House and Senate legislation that would repeal the employer mandate provision of the health care reform law scheduled to take effect next year.
Shoe Carnival Q4 Comes in at Low End of Guidance
Shoe Carnival, Inc. said fourth quarter earnings came in at the low-end of guidance due to below-plan results in the last two weeks of the quarter. The family shoe chain the shortfall came primarily in athletic sales, which it believes was due to colder w
Zumiez’s Comps Slide in February
Zumiez, the action sports chain, reported February sales increased 10.6 percent to $44.5 million, compared to $40.2 million for the year-ago month. The company's comparable store sales decreased 8.9 percent…
Compass Diversified’s Outdoor Companies Post Double-digit Sales Growth in 2012
Compass Diversified Holdings reported sales last year grew in the double digits at all three of its outdoor sporting goods companies, which include CamelBak, Fox Factory and Liberty Safe…
