Skechers USA narrowed its loss in its second quarter, to $1.8 million or 4 cents a share, from $29.9 million, or 62 cents, a year ago. Revenues were down 11.6 percent to $384.0 million compared to $434.4 million in the year-ago quarter. Ongoing inventory
Tag: People
Clif Bar and Company Ups Support of The Conservation Alliance
Clif Bar & Company has committed to become The Conservation Alliance’s next Pinnacle Member. Pinnacle Membership is reserved for companies that contribute at least $100,000 annually to the organization…
Under Armour Ups Guidance After Strong Q2 Revenue Gain
Under Armour's revenues jumped 27 percent in the second quarter, driven by strength across men's, women's, and youth apparel businesses as well as a 35 percent revenue gain in its direct-to-consumer segment. Earnings rose 7 percent, restrai
La Sportiva to Show Mountain Running Apparel at ORSM
Following the successful launch of its ski mountaineering winter apparel line, La Sportiva North America, makers of the world’s finest mountain products, introduces a full line of Mountain Running apparel for Spring 2013. The new apparel as well as
OBIT: Two Ten Footwear CFO David Phillips
Two Ten Footwear Foundation is saddened to announce the sudden passing of Chief Financial Officer, David Reginald Phillips, 63, of Cambridge, Mass., at his home, on July 16…
Dr. Martens Ends Sales Talks
Dr Martens has ended talks to sell the business. The family owners of R Griggs, which manages the firm, halted discussions with potential buyers, claiming the offers received failed to reflect a fair value for the brand…
Free Shipping Tops Incentives Sought by Online BTS Shoppers
Nearly three in four, or 74 percent, of consumers chose free shipping as the top retailer tactic that would entice them to make a back-to-school purchase this year, according to PriceGrabber’s Back-To-School Shopping Forecast. Sales came in second p
Lids Team Sports Inks Five-Year Extension with IUPUI
Lids Team Sports, the wholesale team dealer division of Indianapolis-based LIDS Sports Group, has reached an agreement with the IUPUI Athletics Department for a continuation of its previous deal for five years. Through the agreement, Nike will maintain i
House Committee to Hold Hearing on Marketplace Equity Act
The National Retail Federation reiterated its call on Congress to address a loophole that allows most online sellers to avoid sales tax collection to the detriment of local retailers and communities. The statement came as the House Judiciary Committee is
Gatorade, NFL, NBA and MLS Launch Beat the Heat Campaign
The Gatorade Company, a division of PepsiCo, has partnered with the NFL, NBA, and MLS for the Gatorade “Beat the Heat” program. This educational campaign aims to raise awareness among athletes, parents and coaches on the importance of consuming liquids be
Leatherman Acquires Fast-Growing Multi-Tool Upstart
Leatherman Tool Group, Inc. (LTG) has signed a definitive agreement to acquire the PocketToolX Company (PTX), a Seattle start-up that outgrew its capital resources when sales of its single-piece multi-tools caught on faster than expected. The deal will gi
Delays in Shipping High-end Telescopes Continue to Drag Down Earnings at Meade Instruments
Meade Instruments Corp. reported its losses quadrupled on slightly lower sales in the first quarter as late shipments of three new, high-end telescopes continued to drag down earnings…
OutDoor Show Ekes Out Record Attendance amid Euro Gloom
Despite widespread anxiety over economic conditions across much of Europe, the OutDoor show eked out record attendance by drawing 21,730 attendees to Friedrichshafen, Germany two weeks ago…
DSW Sets Opening Date for Third Manhattan Store
DSW Inc. announced that its newest store will open on July 21st at 2220 Broadway in New York City. Located on the Upper West Side, this is DSW's third store in Manhattan and the second to open this year…
Lids Acquires Nine-Store Team Shop in Seattle
The Lids Sports Group retail division has reached an acquisition agreement with JAS Sports Inc., the Seattle-based retailer of officially licensed Washington collegiate and Seattle professional sports team merchandise. The purchase consists of nine brick
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