Latest GDP Estimates Show Sales of Recreation Goods Outpacing Services
The government's most recent revision to GDP estimates for the first quarter show Americans increasing their spending on recreation products and vehicles at a much faster pace than on recreational services like travel, lodging and entertainment…
Steve Madden Extends Stock Buyback Plan
Steve Madden Ltd. plans to buy back an additional $50 million of stock, using cash on hand…
DSW’s First-Quarter Earnings Soar
DSW Inc. reported first-quarter earnings increased four-fold to $30.2 million, or 67 cents a share, from 16 cents, a year ago. Sales grew to $449.5 million from $385.8 million. Same store sales increased 16.2% versus a decrease of 4.7% last year…
DealerCamp to Provide Mid-Summer Venue for New Bike Products
Lifeboat Events will host a new event called DealerCamp on July 29-31 at Deer Valley Resort in Utah to provide bike vendors a mid-summer venue to launch new products. The company will provide subsidies for select dealers attending the event, which targets
Canada Goose Opens European Office in Stockholm
Canada Goose Inc. opened an office in Stockholm to anchor its growing European business, marking the first office opened by the outerwear brand outside Canada…
PVH Posts Loss on Hilfiger Charge
Phillips-Van Heusen Corp., the parent of G.H. Bass, swung to a first-quarter loss due to charges related to its acquisition of Tommy Hilfiger…
Descente Ltd. FY10 Operating Income Drops on 1.3% Sales Decline
Descente Ltd reported its sales for the year ended March 31, 2010 reached ¥76.0 ($819.5mm), down 1.3% from a year earlier and 2.5% below forecast of ¥78.0 billion ($840.8mm)…
Asics Corp.’s Sales Slide 7.3% in FY10, Americas Sales Gain
Asics Corp. reported sales slid 7.3% in its year ended March 31, to 224.4 billion yen ($2.4 billion) versus the prior year. In the Americas, sales of running shoes “remained brisk” but sales growth was held back by foreign exchange rates. Sales in the Ame
PrimaLoft Hires Verde PR
PrimaLoft has selected Verde PR & Consulting as its public relations agency of record (AOR).Verde will focus on differentiating PrimaLoft’s attributes, performance benefits and associated value, while concurrently redefining the role of PrimaLoft a
Asics Seeks Injunction and Damages From Skechers USA
Asics America Corporation and ASICS Corporation Japan announced that they have filed a lawsuit in the U.S. District Court, Central District of California against Skechers USA, Inc. for trademark infringement, unfair competition, trademark dilution and fal
Rab Adds Eighth North American Rep
Rab hired Tokul Creek Marketing as its sales representation in the Northwest, covering Washington, Oregon, Idaho, Montana and Alaska. Rab now has eight sales reps in North America…
Citi Trends’ Comps Climb 9.6%
Citi Trends, Inc. reported total sales in the first quarter ended May 1, 2010 increased 26.8% to $181.4 million compared with $143.1 million in the first quarter ended May 2, 2009…
Sunice Forms New Partnership in U.K. and Ireland
Sunice, the golfwear maker based in Montreal, has established a United Kingdom company, Sunice Europe Ltd., in partnership with Chertsey, England-based The Golf Business Ltd., to sell Sunice product in the United Kingdom and Ireland…
Hanesbrands Team Summits Everest
Expedition Hanesbrands' Mount Everest climbing team, led by international mountaineer Jamie Clarke, reached the 29,035-foot summit of the world's highest peak late Sunday, celebrating a 30-month endeavor to design and test innovative apparel and
Rock/Creek to Upgrade e-Commerce Platform
Rock/Creek, one of the first outdoor specialty retailers to sell online, plans to replace its current e-commerce platform with a system from ATG Commerce. The new platform will allow Rock/Creek to double its SKU count online…
