Gene McCarthy Out at Merrell

Wolverine World Wide Inc. confirmed that Gene McCarthy, Merrell brand’s president since August 2013, has left the company, effective May. 4. Jim Gabel, president of Wolverine’s Performance Group, has assumed day-to-day leadership of the brand.

Sturm, Ruger Q1 Slumps, Outlook Brightens

Sturm, Ruger & Co. reported earnings slid 36.3 percent in the first quarter, to $15.5 million, or 81 cents a share. But earnings came in better than Wall Street's consensus estimate of 65 cents and management indicated underlying demand for firearms

Perry Ellis Redeems Debt

Perry Ellis International, Inc. has completed the redemption of $100 million of its 7.875 percent senior subordinated notes…