Shoe Carnival Posts Double-Digit Q1 Comp Store Sales Gain; Ups Guidance
Shoe Carnival Q1 sales climbed 13.2% to $189.5 million with same-store sales jumping 13.1% for the period…
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…
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…
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…
Saks Swings to a First-Quarter Profit
Saks Inc. reported net income of $18.8 million, or 11 cents per share, during the first quarter ended May 1, compared to a loss of $5.1 million, or 4 cents a share, a year earlier…
Western Mountain Resorts Grew Occupancy with Lower Rates this Winter
Year-over-year occupancy was up 1.4% and the average nightly rate down 5.8% for the 2009-10 snowsports season at more than a dozen western mountain resort destinations, according to the Mountain Travel Research Program (MTRiP)*…
REI to Offer Wilderness Medicine Course at Stores in June
REI (Recreational Equipment, Inc.) has teamed with NOLS and the Wilderness Medicine Institute to offer wilderness first aid courses at its stores next month…
April Retail Sales Show Continued Momentum
April retail industry sales (which exclude automobiles, gas stations, and restaurants) increased 0.5% seasonally adjusted over March and 4.6% unadjusted year-over-year. With a constantly-shifting Easter holiday, retailers typically look at March and April
USA Submits Bid for 2018 and 2022 FIFA World Cup
A delegation from the USA Bid Committee submitted the official United States Bid Book to host the 2018 or 2022 FIFA World Cup in a formal ceremony at FIFA headquarters in Zurich, Switzerland May 14…
J.C. Penney’s Q1 Earnings More Than Double
J.C. Penney Co.said earnings more than doubled in its first quarter, helped by lower pension-expense charges and an uptick in sales, but the retailer took a guarded view of the rest of the year…
Longworth Industries Names Rep Group of the Year
Longworth Industries, parent company of Polarmax, XGO and PMX technical base layers, named Doug Nelson & Associates Rep Group of the Year for 2009-2010…
The Athlete’s Foot to be Sold to PE Firm
NexCen Brands, Inc. entered into an agreement to sell its franchise business, including The Athlete's Foot, to an affiliate of Levine Leichtman Capital Partners, an independent investment firm with franchise management experience. The purchase price
Gildan Ups Sales Guidance After Record Q2
Gildan Activewear Inc. upped its sales outlook for 2010 to 25% from 17% growth over last year after reporting record net earnings of $48.8 million, or 40 cents per diluted share for its second fiscal quarter ended April 4, 2010. The company said cotton co
RECALL: Rome Snowboard Boot Bindings
Rome Snowboards Co. of Waterbury, VT voluntarily recalled 2,900 pair of boot bindings because the base plate on them can break at cold temperatures, posing a fall hazard to snowboards, the U.S. Consumer Product Safety Commission and Health Canada said…
