China’s Outdoor Industry Poised for Consolidation
China's outdoor industry is poised for consolidation as growth slows following a five-year boom that doubled the number of core domestic outdoor brands and retailers competing in the country…
QBP Founder Flagg To Shift to Strategy Role Oct. 1
Quality Bicycle Products (QBP) Founder Steve Flagg will hand over day-to-day operations of the Bloomington, MN-based distributor to QBP's Vice President Rich Tauer Oct. 1 and focus on strategy. Tauer has been promoted to the new title of president…
Arc’teryx Ramps Up U.S. Expansion
Arc’teryx continues to push ahead with the expansion of stores in the U.S. Scheduled openings in coming months include locations in Denver, New York City, Boston and Chicago. Arc’teryx, based in North Vancouver, BC, Canada, now has seven store
Department Stores Deliver Subpar Q2
Impacted by sales shortfalls, several department stores reported second-quarter results that missed plan. Macy’s earnings slid 25.7 percent to $217 million, or 64 cents per share, missing Wall Street’s consensus estimate of 76 cents a share. R
Bass Pro Confirms Layoffs
Bass Pro Shops confirmed that it had laid off “fewer than 60” employees at its corporate headquarters in Springfield, MO, and at a woodworking shop in nearby Nixa. It also laid off an average of six employees at most of its stores across the c
The Buckle’s Q2 Profits Slip
The Buckle Inc. reported net income declined slightly in the second quarter, to $23.5 million, or 49 cents a share, from $24.5 million, or 51 cents, a year ago…
Perry Ellis Lifts FY Guidance on Strong Q2
Perry Ellis International Inc., which owns a number of golf brands and Nike Swim, raised its full-year EPS guidance after reporting stronger than expected second quarter results. The company trimmed its net loss in the quarter to $1.3 million, or 9 cents
The Buckle’s Q2 Earnings Dip
The Buckle Inc. reported net income declined slightly in the second quarter, to $23.5 million, or 49 cents a share, from $24.5 million, or 51 cents, a year ago…
Stage Stores Q2 Misses Plan
Stage Stores Inc. reported reported net income in the the second quarter tumbled to $1.6 million, or 5 cents a share, from $11.2 million, or 35 cents, a year ago. It also launched a multi-year plan to close approximately 90 underperforming stores represen
Ralph Lauren Launches Biometric Fitness Shirt and Workout App
Ralph Lauren Corporation’s PoloTech smartshirt, which features real-time biometric technology, makes its retail debut on August 27. The launch will also include the introduction of an adaptive workout app that uses detailed data to tailor individual
Easton to Sponsor Little League Baseball World Series
Easton signed on again as the Official Equipment Supplier to Little League Baseball and Softball. For the first time, Easton is providing ball gloves to each player…
New Wave Says US Propelled Sport and Leisure Sales in Q2
Sweden's New Wave Group AB reported sales at its Sport & Leisure segment grew 29 percent to SEK 522 million ($62 mm) in the second quarter, due primarily to growth in the U.S. promotional channel and the impact of exchange rates…
Vans Partners with Truth
Vans is partnering with Truth, the nation’s longest-running and most successful youth smoking prevention campaign, on a new 2015 Vans x truth collection, “inspired by 100 ridiculously-awesome replacements for cigarettes”…
Ross Stores Q2 Earnings Climb
Ross Stores, Inc. reported that earnings per share for the second quarter ended August 1, 2015 increased 11 percent to $259 million, or 63 cents a share, up from $240 million, or 57 cents, in the prior year. Sales for the fiscal 2015 second quarter rose 9
NBDA Releases Interbike Seminar Program
NBDA (National Bicycle Dealers Association) released the schedule for Super Seminars Plus, which begin on September 15, the day before Interbike starts…
