HanesBrands, the parent of Hanes, Champion and Gear for Sports, reported significantly higher second-quarter 2013 earnings and margins on 2 percent net sales growth…
Tag: People
Consumer Confidence Index Falls Slightly
The Conference Board Consumer Confidence Index, which had improved in June, pulled back slightly in July. The Index now stands at 80.3 (1985=100), down from 82.1 in June. The Present Situation Index increased to 73.6 from 68.7…
OIA Industry Breakfast Presented by The North Face to Explore Future of Retail
Outdoor Industry Association (OIA) will kick off its Outdoor Retail of the Future project at the OIA Industry Breakfast Wednesday morning at the Outdoor Retailer show. The breakfast, which is presented by The North Face, is free and open to all show atten
Weather Cut Jarden’s Replenishment Sales in Q2
Jarden Corp. reported sales at its Outdoor Solutions segment declined in the second quarter, as a wet cold April and May suppressed sales of baseball, camping and fishing gear during its peak shipping season…
Columbia Sportswear Slashes Inventory in Response to Cautious Dealer Orders
Columbia Sportswear Company has slashed its inventory in response to retailers’ conservative preseason orders and a renewed focus on freeing up cash, according to its second quarter financial report…
Zoic Clothing Secures Term Loan
Zoic Clothing closed on a term loan from California Bank & Trust that solidifies the cycling apparel company's capital base and an accounts receivable factoring line that enhances its seasonal borrowing ability…
NRS to Acquire WRSI Helmets
NRS, the manufacturer and distributor of paddling gear and inflatable watercrafts, has agreed to acquire WRSI safety helmets…
Unifi’s Q4 Sales Expand 7 Percent
Unifi reported net sales increased 6.8 percent in the fourth quarter ended June 30, to $200.7 million…
North Face Partners with Jackson, WY Gym on Mountain Athletics Collection
The North Face has partnered with Mountain Athlete gym in Jackson, WY to inform product development for its new Mountain Athletics line of apparel and footwear…
W.L. Gore Releases Sustainability Report for the First time
W.L. Gore & Associates’ Fabrics Division shared the results of its Life Cycle Assessment (LCA) report for the first time with the public, examining its entire manufacturing process…
Bass Pro to Open Outpost Store Near Augusta
Bass Pro Shops, McKnight Properties and Columbia County announced Bass Pro will locate its 4th Georgia store in Columbia County near Augusta, GA. The new 50,000 square-foot Bass Pro Shops Outpost…
Skechers Returns to Profitability in Q2
Skechers USA, Inc. reported second quarter 2013 net sales were $428.2 million compared to $384.0 million for the second quarter of 2012, a gain of 11.5 percent. Earnings from operations reached $17.2 million versus a loss from operations of $1.5 million f
Crocs Q2 Earnings Slide on Margin Pressures
Crocs Inc. reported revenues grew 9.9 percent in its second quarter, but earnings fell 42.4 percent due to lower than expected gross margins, a one-time net charge of $6.1 million related to the resolution of a statutory tax audit in Brazil…
Cross Optical Sales Up Nearly 18 Percent in Second Quarter
A.T. Cross Company reported sales of its Cross Optical Group (COG), which owns the Costa and Native eyewear brands, reached $32.4 million, a quarterly record for the business and an increase of 17.9 percent compared to last year…
Two Ten Footwear Foundation Announces a New Scholarship Fund for US Veterans
Two Ten Footwear Foundation announced The Footwear Warriors Scholarship Fund developed exclusively for military veterans working in or returning to the footwear industry. This scholarship is made possible by a new endowment fund launched by Quabaug Corpor
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