G-III Apparel’s Q3 Sales Climb 23 Percent
G-III Apparel Group, Ltd. reported sales for the third quarter increased by 23 percent to $668.7 million compared to $543.5 million in the year-ago period. Net income for the quarter also increased by 23 percent…
Rack Room Shoes, Off Broadway Shoe Warehouse Plots Accelerated Growth
Rack Room Shoes and Off Broadway Shoe Warehouse will increase their number of stores and sales at an accelerated pace beginning in 2014. In preparation for this goal, the company has hired Kirk Light as real estate director for Off Broadway Shoe Warehouse
Pelican International Launches Mobile Friendly Website
Pelican International, the Canadian manufacturer of plastic boats, launched a new website designed to load faster on all types of mobile devices, which continue to gain their share of online sales…
RECALL:1,700 SRAM Red Rear Derailleurs
SRAM, LLC, of Chicago, IL, has recalled 1,700 of its SRAM Red rear derailleurs, because the rear pivot pin can loosen or dislodge and cause the rear derailleur to jam or interfere with the wheel, posing a fall hazard…
Six Suitors Emerge in Edwin Watts’ Blind Bankruptcy Auction
Edwin Watts Golf Shops LLC, which entered Chapter 11 Bankruptcy Court protection on Nov. 4 with intentions to sell its approximately 90 stores, has received a half dozen bids, according to a lawyer representing the retailer…
ComScore: Cyber Monday Jumps 18 Percent to $1.74 Billion
ComScore reported U.S. retail e-commerce spending from desktop computers on Cyber Monday reached $1.735 billion, up 18 percent versus year ago, representing the heaviest online spending day in history and the second day this season (in addition to Black F
McMillan Group Sells Firearms Division to SAC
McMillan Group International has sold its firearms division, McMillan Firearms, to Strategic Armory Corps, LLC (SAC). The sale does not include McMillan Fiberglass Stocks or McMillan Merchant Solutions, which will continue to be operated by McMillan Group
Sanuk Nominated for SIMA Image Awards
Sanuk, a division of Deckers Outdoor Corporation, has been nominated for two SIMA Image Awards: Footwear Product of the Year and Women’s Marketing Campaign of the Year…
Adidas Group Reconfirms Route 2015 Targets
The Adidas Group confirmed its Route 2015 targets which forecast sales of €17 billion and an operating margin of 11 percent in 2015 at the 2013 Investor Field Trip in Herzogenaurach. In addition, the senior management of the group shared preliminary
Quiksilver to Divest Surfdome Shop, Hawk Designs and Moskova
Quiksilver, Inc. plans to divest and exit Surfdome Shop, Ltd., Hawk Designs, Inc., its Moskova brand, and its business under license with Maui and Sons as part of its profit improvement plan…
Cannondale Sports Unlimited Moves into New Headquarters
Cannondale Sports Unlimited (CSU) has opened its new 51,000-square-foot global headquarters, in Wilton, CT. The new space is designed to support research and development, engineering and marketing for the company's brands, which include Cannondale, S
Sport Chalet Warns of Possible NASDAQ Delisting
In a filing with the Securities & Exchange Commission, Sport Chalet Inc. noted that it received notice from the NASDAQ Stock Market about the company’s non-compliance with the exchange’s rules. Nasdaq requires a company to hold a minimum of $
Outdoor Brands Form AT Ambassador Program
Vasque has banded with other outdoor brands to form the Appalachian Trail (AT) Ambassador Program. Thru-hikers selected as AT Ambassador will receive products and training to ensure they are on brand message when speaking about the brand on the trail and
Mobile Shopping Poised to Continue Gains on Cyber Monday
Nearly 25 million, or 18.9 percent, of Americans surveyed said they would use their mobile device to shop over the Thanksgiving Holiday weekend, up 22 percent from last year and eightfold since 2009, according to the National Retail Federation. The survey
Vibram Establishes Finished Goods and Components Business Units
Vibram disclosed that it has centralized global marketing and administration of its legacy components business with its newer finished goods business, which includes its hugely successful Vibram FiveFingers brand. The objective is to ensure a more cohesiv
