SkechersRaises Q1 Sales and Earnings Guidance

Skechers USA, Inc. said Tuesday it expects first quarter 2004 revenues to be above the previously guided range of $190 million to $200 million. The Company also anticipates an improvement in gross profit margin compared to fourth quarter 2003 due to a l

NRF: Tax Returns Expected to Fuel March Sales

Consumers appeared to keep up their steady spending pace in March, according to the latest findings of the NRF Executive Opinion Survey. The Retail Sector Performance Index (RSPI) grew at a slightly slower pace in March with a reading of 58.3 points, up

Brunswick Completes Acquistion of Boat Brands

Brunswick Corporation has completed its previously announced acquisition of the Crestliner, Lowe and Lund aluminum boat brands from Genmar Industries, Inc. for approximately $191 million in cash. The transaction also contains provisions for additional con

Tour De Georgia Shows Major Economic Benefits

In only the second year, officials with the Dodge Tour de Georgia project a $20 to $30 million boost to the Georgia economy. The value provided to its charitable beneficiary, the Georgia Cancer Coalition, is expected to surpass $2.5 million, doubling the

Cutter and Buck Adds Marketing Chief; Fielding Departs

Cutter & Buck Inc. has appointed Tom Danowski to the new position of VP and Manager of the Marketing Group. Danowski was recently a business development and branding consultant to national marketers and retailers after serving as COO and Chief Marketing

LiquidGolf Executes LOI with Youngor Golf

LiquidGolf Holding Corporation has executed a Letter of Intent to develop the golf equipment and apparel strategy for Youngor Group's 160 retail stores in China, and the distribution of Youngor Golf products in North America, Europe and South America

Finish Line Q4 Net Income Up 37%; Raises 2005 Guidance

The Finish Line, Inc. reported that net sales increased 30% to $305.3 million for the fiscal 2004 fourth quarter compared to $234.4 million reported for the year-ago period. Comparable store net sales increased 19% for Q4 on top of a 10% increase reported

PowerBar Founder Maxwell Dies from Heart Attack

Brian Maxwell, the founder of PowerBar, died of an apparent heart attack on Friday. He was 51 years young. Maxwell, who was ranked as the number three marathoner in the world in 1977, is credited with starting the energy bar industry that today is a nec

Not Exactly Another Clash of the Titans…

Footstar has reportedly reached an agreement with Nike over a dispute that arose over Nike’s attempt to cut the retailer’s discount terms. A report in a local paper quoted a Footstar spokesperson that said, “The terms are confidential, and the proceeding

Salter Group Buys Back Gen-X Close-Out Business

Huffy Corporation has sold its Gen-X 'opportunity' business to a group headed by its original founders, James Salter and Kenneth Finkelstein, and industry veteran Rick White for an undisclosed amount. HUF CEO Paul D’Aloia said that the sale of

Canari Signs an ‘Mmmm Mmmm Good’ Licensing Deal

Canari Cycle Wear has announced a licensing agreement with Campbell’s Soup to design and manufacture cycling apparel based on the popular soup brand. Judging from preseason sales, the styles are attracting a great deal of interest and support from the cy