Obama Administration Not Supporting Affordable Footwear Act
U.S. Trade Representative Ron Kirk told a meeting of the American Apparel and Footwear Association March 12 that the Obama administration does not support the Affordable Footwear Act, which would eliminate most tariffs on imported footwear…
Defender Mouthguard Laboratories to Sponsor John Hopkins and Maryland
Defender Mouthguard Laboratories announced that the women's lacrosse teams at Johns Hopkins University and the University of Maryland Baltimore County (UMBC) will be wearing custom fit Defender Mouthguards for the 2010 NCAA Women's Lacrosse seas
AAFA Updates Restricted Substances
The American Apparel & Footwear Association (AAFA) released the sixth version of the AAFA Restricted Substances List (RSL) covering product safety and environmental standards in the US and around the world…
OBIT: L.D. Agee
L.D. Agee, owner of Agee's Sporting Goods in Murfreesboro, TN, passed away at the age of 74…
Collective Brands Cuts Q4 Loss; Saucony/Sperry Top-Sider Pace Sales
Boosted by significantly higher gross margins, Collective Brands, Inc. slashed its loss in the fourth quarter on slightly improved revenues from strong growth at Saucony and Sperry Top-Sider and a gain at Payless International that offset a modest decline
Census Bureau: February Retail Improves Despite Weather
Sales at sporting goods, hobby, book and music stores increased 1.2% seasonally adjusted from January and 3.5% unadjusted year-over-year, according to advance reports issued by the U.S. Census Bureau…
Gaiam Achieves Record Q4 in 2009
Gaiam reached record levels in terms of net revenue and operating income for the fourth quarter of 2009 by posting explosive internal revenue growth of 18.7% during the last few quarters…
Acquisition Offsets Softer Gun Demand in Q3 for Smith and Wesson; Q4 Outlook Weakens
Following a second quarter that saw the company report record sales on its acquisition of Universal Safety Response, Smith & Wesson Holding Corp. said slipping demand for firearms had caused profits to stabilize, forcing the company to miss most analysts&
Pacific Sunwear Sees Slumping Juniors Business Sinks Q4 Top Line
Pacific Sunwear Sees Slumping Juniors Business Sinks Q4 Top Line…
Facing significant and continuing challenges from its juniors business, Pacific Sunwear reported losses widened and sales fell in a fourth quarter that capped off what management called
VF Corp. to Open Panama Sourcing Office
VF Corp. will establish a supply chain office to manage purchasing in the Latin America region in Panama City, Panama by October, The Business Journal of the Triad Area reported…
Heelys’ Q4 Revenue Sinks 26.9%
Heelys, Inc. reported fourth-quarter sales fell 26.9% to $11.4 million from $15.6 million a year ago. The company reported a net loss of $1.1 million, or 4 cents a share, versus a net loss of $5.2 million, or 19 cents, in the prior year…
Foot Locker Launches 5-Year Growth Plan, Looks to Increase Focus on Run and Apparel
Foot Locker Inc. announced a series to strategies to reach a goal of annual sales of $6 billion and net income margin of 5% over the next five years. At an analyst meeting, Ken C. Hicks, its new chairman and CEO, said the new strategy includes a increased
Stage Stores Q4 Profit Gains 10%
Stage Stores Inc. reported its fiscal fourth-quarter profit rose 10% to $27.9 million, or 72 cents, for the period ended Jan. 30, up from $25.3 million, or 67 cents per share, a year ago. Sales fell 5% to $431.7 million from $455.8 million…
San Jose Cycling Classic Expected to Draw 20,000
The San Jose Cycling Classic will be held May 15-20 throughout San Jose in conjunction with the upcoming Amgen Tour of California. The week of amatuer and professional cycling events is expected to attract 20,000 spectators, participants and cycling-relat
Genesco Fourth Quarter Gains Driven by Hat World
Genesco Inc.’s fourth quarter earnings rose 12% and exceeded expectations, driven by strong sales at Hat World and its direct-to-consumer catalog and e-commerce businesses combined with higher gross margins and lower expenses…
