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…
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…
Gildan Boosts Guidance on Record Q2 Sales
For the second consecutive year Gildan Activewear Inc. has released record financial results for the company’s fiscal second quarter ended April 4 and upped its sales guidance in response to the positive changes in market conditions…
Head NV Gets Q1 Boost from Racquet Sales Gain; Economy Hurts Diving Biz…
Head N.V. finished its first quarter with sales and earnings improvements in two of the company’s three main segments…
Sports Authority to Launch New ‘S.A. Elite’ Store Concept
The Sports Authority is launching a new smaller concept, S.A. Elite, focusing on higher-end footwear and apparel…
TAF Parent to Liquidate in Asset Sale
NexCen Brands Inc. said it agreed to sell its franchise businesses, which includes The Athlete's Foot and Shoebox New York, to an affiliate of private-equity firm Levine Leichtman Capital Partners for $112.5 million…
Court Rules Against CamelBak in Tariff Dispute over Hydration Packs
CamelBak Products LLC lost a case before the U.S. Court of International Trade that sought to reclassify hydration packs imported from the Philippines in 2003 as “insulated food or beverage bags” to lower duties from 17.8% to 7%…
Rocky Prices Closes Secondary Offering
Rocky Brands Inc. said it expects to raise $14.1 million from a secondary offering…
WTO Agrees to Probe EU Duties on Chinese Footwear
World Trade Organization judges agreed to investigate whether European Union anti-dumping tariffs on Chinese shoes unfairly harm China's exporters…
