The Forzani Group Ltd. had to contend with a rising Canadian Dollar, deep promotional discounts and warm weather in the fiscal third quarter ended October 28, but still managed to deliver an increase in overall retail system sales, thanks to improved resu
Tag: People
Outdoor Industry Posts Strong Results in Q3…
The outdoor industry bucked the worries that many financial analysts held over the credit crunch and mortgage crisis, posting strong sales results across the vendor/retailer divide with net income growing in-line as well, excluding one notable write-down.
Wolverine Appoints VP, Human Resources
Wolverine World Wide today announced the appointment of Pamela L. Linton to the position of SVP, Human Resources. In this position, Linton will report directly to Blake W. Krueger, CEO and president. Linton most recently served as SVP for the multi-nation
DVS to Stop Using Infringing Louis Vitton-esque Pattern
Louis Vuitton Malletier SA and DVS Shoe Company, Inc, doing business as Podium Distribution, have resolved the matter between them regarding the alleged infringement of Louis Vuitton’s registered trademarks and copyrights for sandals, slip-on shoes, athle
Prince Sports and Arthur Ashe Youth Tennis Teach Kids Retail
Participants from Arthur Ashe Youth Tennis and Education are starting their own retail business – the AAYTE Prince Pro Shop, a store that will sell tennis equipment, apparel and accessories, located at the Arthur Ashe Youth Tennis and Education Center. Th
New Balance Acquires Vital Apparel Group
New Balance has acquired the Vital Apparel Group, based in New York. Vital Apparel Group includes Vital Apparel, Vital Accessories, which includes the license for Soffe Accessories; and the Vital Performance division which includes InSport. Vital Apparel
Nautilus Shareholders Receive Retort Letter from Sherborne
Sherborne Investors LP mailed a letter to Nautilus, Inc. shareholders following Nautilus' letter last week encouraging them to vote in the Sherborne nominees for board positions and to vote out many of the current directors…
DSW, Inc. Lowers Full Year 2007 Forecasts…
DSW Inc. joined a list of retailers lowering their 2007 forecasts due to sluggish sales. The shoe chain now expects to earn between $1.24 to $1.29 per share. Last month, it said earnings would be at least 10% below last year's earnings of $1.48 per s
Alyssa and Baseball Drive G-III Sports Licensing…
G-III Apparel Group said its sports licensing business is “doing quite well” despite losing part of its distribution arrangement with NFL Properties. On its Q3 conference call, management said its collegiate business is growing “very well” and baseball is
RECALL: Nordic Track and Reebok Inversion Benches
The U.S. Consumer Product Safety Commission (CPSC), in cooperation with the Icon Health & Fitness Inc announced a voluntary recall of about 22,000 Nordic Track and Reebok inversion benches. CPSC said the ankle clamp mechanism can release unexpectedly, pos
G-III Apparel Group Shows Small Profit Gain
G-III Apparel Group, Ltd. reported Q3 sales increased by 10.8% to $271.2 million from $244.7 million in the same quarter of last year. Net income rose slightly to $23.8 million, or $1.41 a share, from $23.3 million, or $1.59, in the prior year’s period…
Skechers Inks China Joint Venture
Skechers is expanding its sales and distribution in China through a joint venture, called as Skechers China, with Luen Thai Enterprises, a conglomerate based in Hong Kong. Over the next three years, Skechers China expects to open more than 1200 points-of-
180’s Hires VP of Sales
180s, best known for its behind-the-head ear warmer, has hired Brian Mangione as its new Vice President of Sales. Mangione comes to 180s with over 15 years of experience in sales, management, operations and marketing in the athletic footwear and apparel,
Genesco Hurt by Third Quarter Journeys Results; The Finish Line Subpoenaed in Merger Deal…
The Finish Line has become the latest party to receive a grand jury subpoena from the Office of the U.S. Attorney to produce documents relating to its merger with Genesco. The Finish Line said in a statement that it is complying with the request and does
Famous Footwear Q3 Hurt by Slower Traffic…
Famous Footwear endured a tough quarter and back-to-school period, according to company President Joe Wood. He pointed to the shift in the retail calendar and the tough comparison to last year, when Famous posted a very strong quarter, but also cited redu
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal