Boosted by significantly higher gross margins, Collective Brands, Inc. slashed its loss in the fourth quarter on slightly improved revenues from strong growth at Saucony and Sperry Top-Sider and a gain at Payless International that offset a modest decline
Tag: People
Quiksilver Inc. Cuts Fiscal First Quarter Loss; DC the Lone Bright Spot in Americas
Action sports giant Quiksilver, Inc. dramatically cut its losses in its fiscal first quarter ended January 31 despite a 2% decline in sales…
Black Label Moves To Blitz Distribution
Black Label, the skateboard brand, said it will now be under Blitz Distribution…
L.L. Bean Sales Fall for Second Straight Year
L.L. Bean's sales in the fiscal year ended in February fell 6.6% to approximately $1.4 million from $1.5 million. President and CEO Chris McCormick told employees, according to a company statement, that strong sales in January and February helped the
Smith and Wesson’s Posts Flat Earnings on 8.6% Sales Gain
Smith & Wesson Holding Corp. reported sales rose 8.6% to $89.4 million from $83.7 million a year ago. Net income for the third quarter of fiscal 2010 was $2.4 million, or 4 cents per diluted share, compared with net income of $2.4 million, or 5 cents per
Pearl Izumi Appoints Southeast Run Rep
Pearl Izumi said Joe Hurst will be joining the company as its RUN-only Agency Representative for Tennessee, Mississippi and Alabama…
Visits to Colorado Ski Country Resorts Down 4%
Visits to Colorado Ski Country USA (CSCUSA) resorts in January and February were down 4% versus the same period in 2009, according to figures released by the trade group, which represents 22 ski areas…
Summit Sports Rolls Out Two More Web Stores
Summit Sports Inc. has launched two new Web sites, Kayaks.net and BathingSuits.net, bringing to 13 the number of web store is now operates. The Bloomfield Hills, MI-based retailer offers more than 300 brands and operates four brick-and-mortar stores…
Zappos Introduces Zappets
Zappos has launched a new campaign to celebrate its customer service reps. The campaign features puppet characters, called Zappets, that resemble Muppets and centers around the notion of “delivering happiness.”…
Container Imports to Grow 17% in First Half
Container imports are expected to grow 17% in the first half of this year as retailers restock depleted inventories at a rapid pace, according to the latest estimates released by the National Retail Federation. The numbers indicate a true and sustained re
Online Sales to Grow at 10% Compounded Rate through 2015
The bulk of the retail sector's growth in the United States and the European Union over the next five years will come from the Internet, according to Forrester Research. US online retail will grow at a 10% compound annual growth rate (CAGR)and 11% in
Filson Opens First Store in Japan
Filson announced the opening of its first international store in Osaka, Japan in partnership with its distributor of 28 years, Goldwin, Inc. Located in the Osaka, Horie area, an established fashion district, the store officially opened this past Saturday
Geocaching.com Publishes One Millionth Listing
Seattle-based Geocaching.com said it published its one-millionth active geocache listing over the weekend. It has taken just over two years to double the number of active geocaches in the world to reach the one millionth geocache, the company said.
NSSF: 16 Months and Counting as Demand for Firearms Continues
Data released by the FBI’s National Instant Criminal Background Check System (NICS) reported 1,243,211 checks in February 2010, ranking the month the second highest February (eighth highest month overall) for most NICS checks, according to a release
Collective Brands Narrows Q4 Loss
Collective Brands, Inc. reported a fourth quarter net loss of $10.9 million, or 17 cents per diluted share, compared to a net loss of $144.0 million, or $2.28 per share, in the fourth quarter of 2008. Excluding special items, the loss was cut to $11.6 mil
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