Sparked by robust demand for boots and toning shoes, Shoe Carnival’s fourth quarter sales climbed 8.8% to $170.8 million on the same 8.8% comp gain. With fewer promotions, earnings reached $2.6 million, or 20 cents a share, rebounding from a loss of
Tag: People
NRF Names New President/CEO
Matt Shay has been selected to serve as the next president and CEO of NRF…
NRF: Financial Services Bill Should Address Credit Card Swipe Fees
The National Retail Federation expressed disappointment that a wide-ranging financial services reform bill unveiled last week by Senate Banking Committee Chairman Christopher Dodd, D-CT, doesn’t address the $48 billion in credit card swipe fees paid
FWS: U.S. Bobcat Proposal Fails to Receive International Support
The proposal to remove the bobcat (Lynx rufus) from the list of species of wildlife regulated in the international trade was rejected by the Parties reviewing proposals at the 15th meeting of the Conference of the Parties (CoP15) to the Convention on the
Ross Stores Q4 Profits Soar 47%
Ross Stores, Inc. reported earnings per share for the 13 weeks ended January 30, 2010 of $1.16, up 53% from $.76 for the 13 weeks ended January 31, 2009. Net earnings for the 13 weeks ended January 30, 2010 grew to a record $142.9 million, up 47% from $97
Hi-Tec Names Charles Willis as Creative Director
Hi-Tec said Charles Willis will join the company in the coming months as Outdoor Creative Director. Willis leaves his current position as Merrell group VP and creative director, where he influenced many iconic outdoor product designs such as the Jungle Mo
Blacks Leisure Rejects Rival’s Offer, Will Pursue Stock Sale
Blacks Leisure rejected a £26 million offer from rival British retailer Sports Direct as “wholly inadequate” and said it plans to pursue plans sell stock to raise cash need for its turnaround plans…
MountainSource Adds Bruce Gorden to Sales Force
The sales agency MountainSource has added Bruce Gordon to its team. Most recently the director of sales for Chrome Industries, Gordon will oversee the Mountain Source territory of Colorado's front range, Wyoming and Western Nebraska…
Trade Groups Form Physical Activity Council to Research Participation
Seven of the major governing bodies and trade associations in the sports, fitness, outdoor, and leisure industry have formed a research partnership – The Physical Activity Council (PAC), which will release findings from a major survey later this month…
Stahls’ ID Direct Introduces CADCUTdirect.com
Stahls' ID Direct has unveiled CADCUTdirect.com, a new site for Stahls' customers and decorators who are looking for more information on the benefits of CAD-CUT materials and technology for their business…
West Marine Reports Q4 Loss Narrows; Comps Slip 4.8%
West Marine, Inc. reported net revenues for the thirteen weeks ended January 2, 2010 were $103.9 million, a decrease of $7.1 million, or 6.4%, from net revenues of $111.1 million for the fourteen weeks ended January 3, 2009. Comparable store sales for the
Skechers Breaks Ground on New Distribution Center
Skechers USA, Inc. broke ground on its new 1.82 million square-foot distribution center in Rancho Belago, CA…
Obama Administration Not Supporting Affordable Footwear Act
U.S. Trade Representative Ron Kirk told a meeting of the American Apparel and Footwear Association March 12 that the Obama administration does not support the Affordable Footwear Act, which would eliminate most tariffs on imported footwear…
Antigua Announces New Asian Licensee/Distributor
The Antigua Group, Inc. has consummated a ten-year licensee-distributor agreement with MST Golf in Malaysia, Singapore and Vietnam…
Nike Again Dominates SportsOneSource Brand Brackets for 2010
With the field of 65 teams now set for the 2010 NCAA Division I Men’s Basketball Championship, Nike will once again be the brand seen the most by viewers of the event, as 78% of the teams (51 total) in the field will sport the Swoosh in some form, e