Saks Inc. announced that owned sales totaled $219.8 million for the four weeks ended Oct. 31, compared to $216.0 million a year ago, a 1.8% increase. Comparable store sales increased 0.7% for the month…
Tag: People
Nexcen Brands Slashes Q2 Loss
NexCen Brands, the parent of The Athlete's Foot, reported total revenues decreased 1% in the second quarter ended June 30, to $11.8 million, compared to $11.9 million in the second quarter of 2008. The slight decrease in revenues is the result of a d
Quiksilver Eliminates 200 Jobs
Quiksilver cut 200 positions from its Quiksilver Americas division, according to various news sources. The move is part of previously-announced reorganization efforts. The layoffs affected Quiksilver headquarters in Huntington Beach, its Mira Loma distrib
Costco’s Comps Rise 5% in October
Costco Wholesale Corp. reported comps gained 5% in October, helped by strengthening foreign currencies. Comps were up 2% in the U.S. and jumped 17% internationally…
Benchmade Knife Company Wins 2009 Manufacturer of the Year
The Portland Business Journal presented its 2009 Manufacturer of the Year for a Medium Sized Company to Benchmade Knife Company. The Oregon Manufacturing Awards Luncheon took place on Thursday, October 29th at the Portland Art Museum in downtown Portland,
Steve Madden Reports Q3 Sales Up 9.4%; Earnings Spike 61%
Steve Madden announced sales for the third quarter ended Sept. 30 were $140.1 million compared to $128.1 million reported in the comparable period of 2008…
Diadora Licenses Soccer in the U.S.
Golden Viking Sports, an entity owned and headed by former Diadora America President William Nuttall, has entered into a license agreement for the U.S. market for the Diadora brand, switching from a subsidiary arrangement. The license follows the sale of
Amer Sports Third Quarter Net Falls on Weaker Wilson, Precor Sales
Amer Sports saw the third quarter largely mimic the trends the company saw in the first half of the year as a difficult sales environment negatively impacted the top-line and declining margins negatively impacted earnings…
LaCrosse Sees Military Lift in Q3
Congruent with a second quarter that saw strong military sales drive record margins, LaCrosse Footwear reported more of the same for third quarter, as the military business boosted the company’s Work business enough to compensate revenues lost from
Timberland Surprises Wall Street with Third Quarter Profit Jump
The Timberland Company saw third quarter results outpace market expectations as the company said it is seeing growing momentum in Europe, regaining traction in the classics business with its iconic boot and handsewns, and forecast improved gross margins i
Shimano Group Sees Q3 Sales Declines Moderate, but Weakness Continues
Shimano Inc. said that any decisive economic recovery never materialized in the third quarter despite signs of recovery in Asia. The company said the worst of the recession appears to be past in Japan, but excess manufacturing and excess labor have not b
Michael Crooke Exits prAna
Michael Crooke has stepped down as CEO of prAna Living, LLC. Co-founder Beaver Theodosakis will re-assume the position of CEO but expects to announce a search for a new CEO sometime in 2010. Scott Kerslake, the founder of Athleta who was brought in by Cro
Dept: of Treasury: Quarterly Firearm and Ammunition Excise Taxes up 52%
According to the most recent Firearms and Ammunition Excise Tax Collection Report, released by the Department of the Treasury, firearm and ammunition manufacturers report excise tax obligations to be more than $122 million in the second calendar quarter o
Blacks Leisure Submits Restructure Plan, First Half Loss Widens
Blacks Leisure Group PLC, the UK outdoor retailer, submitted a restructuring plan to its bank while significantly increasing its losses in the first half…
Brunswick 3Q Loss Narrows on Lower Charge
Brunswick Corp. reported sales for the third quarter of 2009 of $665.8 million, down from $1.04 billion a year earlier. For the quarter, the company reported an operating loss of $109.4 million, which included $28.8 million of restructuring charges. In th
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