Foot Locker Inc. reported first-quarter earnings jumped 13.6 percent to $184 million, or $1.29 a share. Results easily topped Wall Street's consensus estimate of $1.23 a share. Same-store sales jumped 7.9 percent. Richard Johnson, president and CEO,
Tag: Supplier
Berghaus Joines Bluesign
Berghaus, the British maker of outdoor gear, has joined the international Bluesign sustainability system as part of an ongoing efforts to eliminate harmful substances from the firm’s supply chain…
Karmaloop Acquired in Bankruptcy Auction
Karmaloop, Inc., a 15-year-old online retailer specializing in streetwear, action sports and music-inspired clothing, announced that Comvest Partners, of West Palm Beach, and CapX Partners, Chicago, are acquiring all of Karmaloop's businesses, includ
Foot Locker Bangs Out Record Q1
Marking the most profitable quarter in its 100-plus years as a public company, Foot Locker Inc. reported first-quarter earnings jumped 13.6 percent to $184 million, or $1.29 a share, easily topping Wall Street's consensus estimate of $1.23 a share…
Shoes.com Raises $45 Million in Private Placement
Shoes.com raised $45 million from a non-brokered private placement of common shares. The proceeds were raised principally from existing shareholders, at a valuation of $275 million. The offering was significantly oversubscribed…
New Data Show Why Outdoor Brands Are Returning to College
An eighth year of participation data released May 18 by The Outdoor Foundation sheds light on why the outdoor industry is shifting resources to college campuses…
The Buckle’s Q1 Earnings Decline
The Buckle, Inc. reported earnings slid 9.9 percent in the first quarter on a 2.2 percent dip on same-store sales…
Mountain Stuff Named Osprey Packs Agency of the Year
Osprey Packs honored Colorado-based Mountain Stuff as its Agency of the Year for its achievements in 2014…
Senate Approves Fast-Track Authority
President Barack Obama on Thursday moved closer to delivering a landmark trade deal that would cut the cost of some imported footwear when the U.S. Senate voted 62-38 to move forward with a bill that would grant the president fast-track authority he needs
Ross Stores Profit Rises on Higher Sales
Ross Stores, Inc. reported earnings per share of $1.37 for the first quarter ended May 2, 2015, up from $1.15 in the prior year. Net earnings grew to $282 million…
Cold Pruf Base Layer Names Director of Marketing
ColdPruf Base Layer, a brand of Indera Mills and manufacturers of performance base layers, has hired Ian Connor as director of marketing…
Exotac Hires Evans Group to Ignite US Sales
Exotac, which makes fire-starting tools and outdoor products, is expanding its North American sales force with the appointment of the Evans Group…
PVH Launches Izod Tour+ Golf Apparel Line at Dick’s SG
PVH Corp.announced the launch of the Izod Tour+ golf apparel line. Izod brand ambassador and 2012 U.S. Open champion Webb Simpson debuted the line at the 2015 Masters Tournament and it is now available to consumers exclusively at select Dick’s Sport
Cerberus Funds to Divest Remington Outdoor to Placate State Pension Funds
After more than two years of failing to find a buyer for Remington Outdoor Company, Cerberus Capital Management told investors in its private equity funds that it had found a way for them to sell their stakes in the firearms company, according to a report
Shoes.com Completes $45 Million Dollar Non-Brokered Private Placement
Shoes.com announced the closing of a non-brokered private placement of common shares. The company raised net proceeds of approximately $45 million…
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