Versa Capital Acquires Wet Seal’s Business

Versa Capital Management, LLC, the parent of Bob’s Stores, Eastern Mountain Sports and Sport Chalet, became the winning bidder in the auction for the business of The Wet Seal, Inc., a teen specialty retailer in reorganization proceedings…

Three Industry Veterans Join Two Ten Footwear Board

Two Ten Footwear Foundation announced that its board of directors elected three new members: Kevin Bailey, president of VF Action Sports and Vans; Joel Oblonsky, president, Lauren & Polo Footwear & Accessories; and Rob DeMartini, president and CEO of New

Hibbett Sports Q4 Comps Climb 5.4 Percent

Hibbett Sports Inc. reported earnings increased 18.1 percent in the fourth quarter to $19.9 million, or 79 cents a share, handily exceeding Wall Street's consensus estimate of 68 cents a share. Sales increased 9.9 percent, to $239.3 million. Comparab

Genesco Q4 Stung by Lids Shortfall

Genesco Inc. reported fourth-quarter revenues slightly exceeded guidance with a healthy 10 percent companywide comp gain. But earnings came in well below expectations, largely due to a disappointing performance by Lids…

Snoop Dogg Leads Campaign Against Gun Violence

In a partnership between Unload Your 401k and anti-gun violence campaign, No Guns Allowed, entertainment icon Snoop Dogg and tech leader Ron Conway joined forces to call for divestment from the gun industry. Through the union, the two are using #ImUnloadi