Genesco’s Q3 Earnings Jump on 12 Percent Comp Growth
Genesco Inc. reported earnings from continuing operations rose 54.1 percent in the third quarter ended Oct. 29 on a 33 percent increase in net sales. Comps sales were up 8 percent at Lids Sports Group, 15 percent at Journeys Group, 7 percent at Johnston &
Bern Unlimited Hires VP to Enhance Fulfillment
Bern Unlimited, a maker of helmets for action and snow sports enthusiasts, has hired John Morgan as a vice president in a bid to improve fulfillment…
Jake Anderson Named As U.S. Sales Manager For Line Skis/Full Tilt
Line Skis & Full Tilt Boots appointed Jake Anderson as its new U.S. Sales Manager. Anderson has been involved with Line in one way or another for over a decade, starting as one of Line’s first sales reps and later becoming a retailer of Line and Ful
BDO Survey: Muted Expectations for Black Friday
Retailers expect solid but not stellar results for Black Friday and Cyber Monday. According to a recent BDO USA, LLP survey of 100 chief marketing officers at leading U.S. retailers, just 27 percent expect to see an increase in Black Friday sales, down fr
Collective Brands Shows Steep Q3 Loss After Charges
Collective Brands Inc. reported a loss of $114.3 million, or $1.91 a share, in the third quarter after charges totaling $151.4 million for restructuring activities at its Payless division. Adjusted net earnings were $37.1 million, or 61 cents per share, s
Brown Shoe’s Q3 Sales Dip 0.3 Percent
Brown Shoe reported sales in the third quarter dipped 0.3 percent to $713.8 million from $716.1 million a year ago. The company reported net earnings of $33.7 million, or 79 cents per share, compared to $18.6 million, or 42 cents, in the third quarter of
RECALL: 220 Omni-Heat Batteries by Columbia Sportswear
Columbia Sportswear has recalled about 220 Omni-Heat Lithium-Polymer rechargeable batteries sold with three of its jackets due to a defect that can cause them to overheat and pose a fire hazard, according to the U.S. Consumer Product Safety Commission…
NICA to Recognize High School Mountain Biking Proponents
U.S. Mountain Bike champion and Olympian Adam Craig will be the guest of honor at the 2011 National Interscholastic Cycling Association Awards banquet, Jan. 14, 2012, at the Clif Bar and Co. headquarters in Emeryville, CA. The NICA Awards acknowledge outs
Dick’s SG Buys W. Valley Warehouse
Dick's Sporting Goods Inc. has completed the purchase of a 60-acre site in Goodyear, AZ to build a 600,000-square-foot fulfillment and distribution center expected to employ about 300 workers beginning in early 2013…
Lululemon Appoints Facebook Exec to Board
Lululemon Athletica Inc. appointed Emily White to the company's board of directors. White's appointment expands the retailer's board to 10 members…
Nike Hikes Dividend by 16 Percent
Nike, Inc. said its board has declared a quarterly cash dividend of 36 cents per share on its outstanding class A and class B common stock. The quarterly dividend, which is payable on January 3, 2012 to shareholders of record at the close of business on D
Western Ski Resorts Posting Higher Reservations, Room Rates
Bookings for the upcoming ski and snowboard season continue a positive trend upward at western U.S. mountain destinations, according to the most recent report by the Mountain Travel Research Program (MTRiP). The research firm reports that on-the-books occ
Puma Completes Environmental Profit and Loss Account
Puma estimated the cost of land use, air pollution and waste across its supply chain at €51 million, raising its first ever “environmental profit and loss statement,” or E P&L by €51 million ($68 mm) to €145 million ($196 mm). In May, Pu
2XU Attains Private Equity Backing
2XU, a performance apparel brand based in Melbourne, Australia, said Lazard Australia Corporate Opportunity Fund 2 (Fund 2) has acquired a significant minority interest in 2XU…
Specialized to Recycle Competitors’ Carbon Frames
Specialized will accept carbon bicycle frames made by competitors when it kicks off its carbon recycling efforts in January, the California bike company announced. Specialized will provide details on the logistics of the operation to dealers in January…
