A frequently-cited marketing maxim holds that women drive 80 percent of consumer purchases at retail. While finding the original source of that figure has proven to be elusive, most will agree that women are responsible for a significant level of spending
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Unifi Commences Tender Offer for Notes
Unifi, Inc. commenced a cash tender offer for up to $8,776,000 aggregate principal amount of its 11.5% Senior Secured Notes due 2014. Approximately $190 million in aggregate principal amount of the notes are currently outstanding…
Danner Receives Military Contract
LaCrosse Footwear, Inc.'s Danner® subsidiary received a new $6.7 million delivery order from the U.S. Army for the Danner Combat Hiker boot. Danner anticipates delivering this order of the Combat Hiker boot beginning in April through August of this y
Iconix Reports Q4 Earnings Fall 10%
Iconix Brand Group, Inc. said revenue for the full year ended Dec. 31. 2008 increased 35.5% to approximately $216.8 million, as compared to approximately $160.0 million in the prior year…
Univ. of Michigan Severs Ties with Russell
The University of Michigan has ended its licensing agreement with Russell Corp. over what it said is the company's denials of workers' rights in Honduras, according to a report by the Associated Press…
Chick’s Headquarters to Close
According to local reports, the Covina, CA headquarters for Chick’s Sporting Goods will close as its new owner, Dick Sporting Goods, continues to absorb operations…
Rocky Brands Swings to Profit in 2008
Rocky Brands management said they were very pleased with the company’s fourth quarter results, as the company reported only slight declines in revenues within a tumultuous environment for the footwear retail industry…
Billabong Posts Strong Sales Growth, But Margins Suffer
Billabong reported that first half net sales jumped 22.1% as healthy growth in the company’s home Australasian market was outpaced by stronger gains in the Americas and Europe. Net sales grew to A$808.6 million ($632.6 mm) from A$662.0 million ($575.2 mm)
Wall Street Icon John Shanley Loses Battle with Cancer
John Shanley, the top-ranking veteran footwear and retail research analyst at Susquehanna International Group, passed away last Sunday, after battling with bladder cancer for more than four years. He was 65 years old. Shanley had 25+ years of experience
Billabong H1 Sales Rise as EBITDA Stays Flat
Billabong reported that first half net sales jumped 22.1% as healthy growth in the company’s home Australasian market was outpaced by stronger gains in the Americas and Europe. Net sales grew to A$808.6 million ($632.6 mm) from A$662.0 million ($575.2 mm)
Somnio Running Names Denny, ink. PR Agency of Record
Customizable running shoe company Somnio has named communications firm Denny, ink. as its public relations agency of record. Denny, ink. will oversee all public relations initiatives for the Santa Cruz-based shoe company. Effective immediately, Denny, ink
KOR Water Expands Board of Directors
KOR Water has appointed Peter van Stolk, the founder and former CEO of Jones Soda Co., and Ravi Sawhney, founder and CEO of industrial design firm, RKS, to its Board of Directors…
K-Swiss Opens Store in Taiwan
K-Swiss plans to open its first-ever running retail store in the Tienmu area of Taipei, Taiwan. To celebrate the grand opening, K-Swiss will host a high energy 10K Race in Taipei that has already attracted the maximum capacity of 2,500 runners on Sunday,
Cabela’s Q4 Profits Slide 12.1%; Comps Up 2.2%
Cabela's Inc. earnings fell 12.1% in the fourth quarter to $49.4 million, or 74 cents a share, from $56.2 million, or 84 cents, a year ago. Retail store revenue increased 6.9% to $429.5 million with a same store sales increase of 2.2%; direct revenue
Ortholite Sponsors AHS and RRCA
OrthoLite has signed a sponsorship agreement as the preferred insole partner with American Hiking Society (AHS) and Road Runners Club of America (RRCA). In addition, the company will continue its sponsorship with the American Trail Running Association (AT
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