Shoe Carnival reported second-quarter earnings that doubled year-ago results but followed several other retailers in issuing a cautious outlook for the current quarter…
Tag: Trade
Genesco Cuts Q3 Guidance on BTS Slowdown
Genesco Inc. slashed its profit outlook for the year after experiencing a drop-off in second-quarter sales and seeing the sluggish trend continuing so far in August…
DSW Q2 Comps Climb 4.4 Percent
DSW Inc. reported second quarter sales increased 9.7 percent to $562 million, with comparable sales increasing 4.4 percent. Adjusted EPS climbed to 97 cents a share, an increase of 47 percent over last year…
Billabong Reports $883 Million Loss After Writing Down Value of Brands to Nearly Zero
Billabong International Limited, which is in the throes of refinancing its debt and has slashed 75 percent of its suppliers in the last year, reported a net loss after tax of AUD$859.5 million ($883 mm) for the year ended June 30, after AUD$867.2 million
Brooks Running Celebrates Hansons-Brooks Anniversary
Brooks Running is celebrating the 10th anniversary of the Hansons-Brooks Original Distance Project this week. The company sent out an infographic detailing the 10 years of races and athletes and other facts and promotions hosted on its social media accoun
Helly Hansen Fills New Sales Position for North American Sailing
Helly Hansen this week named Jenny Daudlin to the newly created position of sailing sales representative for North America…
WFSGI Schedules Manufacturing Forum in Taiwan
The Federation of the Sporting Goods Industry (WFSGI) and several trade associations in China and Taiwan have organiized a forum in Taipei as part of WFSGI's “The Future of Manufacturing” initiative, which aims to help help manufacturers
NuCanoe Named Vendor Partner by Grassroots Outdoor Alliance
Grassroots Outdoor Alliance (Grassroots) is pleased to announce that NuCanoe has joined our organization as a Vendor Partner…
Lenzing Says Cotton Surplus Driving Down Fiber Prices
The Lenzing Group generated earnings in line with expectations in the first half of 2013, but considerably below the first half of 2012 as a global surplus of cotton drove down the average price for its fibers 25 percent…
Saks Logs Q2 Loss
Saks Inc., which recently announced plans to merge with Hudson’s Bay Company, recorded a net loss of $19.6 million, or 13 cents per diluted share, in the second quarter. The results included after-tax charges totaling $5.2 million…
Western Mountain Resorts on Pace for Busiest Summer Ever
Based on reservation and occupancy data through July 31, western mountain resorts are on pace to have one of their busiest summers ever, according to the most recent data released by DestiMetrics…
Dover Saddlery Hires James Cullen as Executive Vice President
Dover Saddlery, Inc. hired James Cullen to the newly created position of executive vice president. Cullen most recently worked at Bakers Footwear…
Giant Group Rides Asia to 4.1 Percent Growth in First Half
Giant Group, believed to be one of the world's largest bicycle manufacturers, reported revenue rose 4.1 percent to TWD27.2 billion ($914 mm) for the first six months ended June 30, largely on the strength of sales in Asia…
Early BTS Results Tough on Footwear; Strong for Apparel, Daypacks
The early back-to-school season appears to be more of the same for the outdoor footwear business after an early review of retail point-of-sale data shows the business down more than 10 percent for the first three weeks of the back-to-school (BTS) selling
Web Sales Help Drive Sport Footwear Prices Higher for Early BTS
While the conventional wisdom says people shop on the Internet for price, the early results from the back-to-school (BTS) selling season finds the channel trailing only Run Specialty and Chain Specialty retailers when it comes to average selling prices fo
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