Weyco Group, Inc. acquired The Combs Company last week in a cash deal that unites two American families that have been making footwear for generations…
Tag: Trade
Russell, Brooks Fruit of the Loom Parent Sees Earnings Climb in 2010
In its annual report, Berkshire Hathaway Inc. said its Fruit of the Loom Inc. subsidiary saw operating earnings improve “significantly” in 2010 due to improved manufacturing efficiencies and cost management efforts…
Sustainable Apparel Coalition to Expand On Work by OIA and Nike
A group of leading apparel and footwear brands, retailers, manufacturers, non-governmental organizations (NGOs), academic experts, and the U.S. Environmental Protection Agency launched the Sustainable Apparel Coalition…
Head Signs USA Olympic Swimmer
Head USA announced the addition of Olympic Gold Medalist Nicole Haislett to its Swim and Snorkeling Division…
February Chain Store Sales Exceed Expectations
U.S. chain store sales posted a stronger than anticipated 4.2% year-over-year comparable-store gain for February 2011 according to the International Council of Shopping Centers (ICSC). The group is forecasting an increase of about 2% in March and 5% in Ap
RECALL: Winchester Ranger .223 Law Enforcement Rounds
Olin Corporation, through its Winchester Division, is recalling six lots of its Ranger .223 Remington 64 Grain Power-Point centerfire rifle ammunition (Symbol Number RA223R2)…
Perry Ellis Prices Share Offering
Perry Ellis International, Inc. has priced its previously announced offering of 2.0 million shares of its common stock at $28.00 per share…
Nordstrom’s Comps Climb 7.3%
Nordstrom, Inc. reported a 7.3% increase in same-store sales for the four-week period ended Feb. 26…
J. C. Penney’s February Comps Climb 6.4%
J. C. Penney Company, Inc. reported that its comparable store sales for the four-week period ended Feb. 26, 2011, increased 6.4%, with all divisions reporting an increase over last year. Women's apparel and accessories, children's apparel, and
Patagonia Renews Partnership with Snow Sports Instructors
The Professional Ski Instructors of America (PSIA) and the American Association of Snowboard Instructors (AASI) extended their partnership with Patagonia as exclusive official supplier of outerwear through 2015…
Foot Locker’s Q4 Earnings Surge on 7.3% Same-Store Gain
Foot Locker, Inc. said that excluding net charges in both years, fourth quarter net income surged 56.4% to $61 million, or 39 cents per share, from $39 million, or 24 cents, a year ago. Fourth quarter comparable-store sales increased 7.3%. Total fourth qu
VF Corp. Outdoor and Action Sports Coalition Grows 20% in Fourth Quarter
VF Corp’s Outdoor & Action Sports Coalition again achieved record revenues, operating income and operating margins in the fourth quarter ended Dec. 31, 2010 and executives reported spring bookings in the Americas are up 17% at year-end…
Kenneth Cole Q4 Loss Narrows, CEO Resigns
Kenneth Cole Productions Inc.'s fourth-quarter loss narrowed but the company announced that its CEO Jill Granoff is leaving the company. The company said the decision for Granoff to leave was mutual. Paul Blum, who was with the company for 15 years,
Kohl’s Reports Strong 4Q, Initiates Dividend
Kohl's reported net income in the fourth quarter of $493 million, or $1.66 a share, compared with $431 million, or $1.40 a share, in the same quarter last year…
Sears Appoints New CEO
Sears Holdings Corp., the parent of Sears and Kmart, reported lower profit for the fourth quarter of 2010 and a drop in comparable store sales. It also ended a three-year search to name Lou D'Ambrosio chief executive officer and president of the comp
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