Perry Ellis Dismisses Buyout Talk
Perry Ellis International, the parent of several major golf brands and the Nike swim licensee, showed progress in its turnaround efforts, slashing its loss in the third quarter amid continued sluggish sales. But the apparel conglomerate spent much of last
Billabong’s U.S. Business on the Rebound
At its annual meeting last week, Billabong International Ltd. said U.S. sales are returning to growth for its flagship brand, Billabong, and reaccelerating for RVCA. For the Billabong brand, wholesale sales in the U.S. for the fiscal first quarter ended S
Foot Locker’s Hot Streak Continues
Led by robust sales across its Jordan portfolio as well as in marquee basketball footwear and lifestyle running product, Foot Locker Inc.’s earnings rose 15.4 percent in the third quarter, to $102 million, or 82 cents a share. On a conference call w
GoPro to Raise $97MM in Stock Sale
GoPro, which went public on June 26, is expected to raise $96.5 million before underwriting expenses through the sale of 1.29 million shares in a secondary offering. The offering was priced last Thursday at $75 a share…
Hibbett Sports’s Same-Store Sales Edge Up in Fiscal Third Quarter
Hibbett Sports Inc. reported net sales for the 13-week period ended Nov. 1, 2014, increased 5.0 percent to $218.3 million compared with $208.0 million for the 13-week period ended Nov. 2, 2013. Comparable store sales for the third quarter increased 0.6 pe
Foot Locker Q3 Earnings Rise 15 Percent
Foot Locker, Inc. reported third-quarter earnings rose 15.4 percent to $102 million, or 82 cents a share. Excluding a non-recurring charge, earnings rose to 83 cents from 68 cents, exceeding consensus estimates of 79 cents a share.
Third quarter comparabl
Cocona Claims Sheex’s Lawsuit Without Merit
Responding to Sheex Inc.'s patent infringement lawsuit, Cocona Inc., the maker of 37.5 technology, said it “can state in unequivocal terms that the lawsuit is wholly without merit, and we do not believe that Cocona has infringed on these patents.”..
Nike Launches Its First Store Devoted to Women
Nike opened its first store dedicated to women. The 6,000-plus square-foot location in the Fashion Island lifestyle center in Newport Beach, CA also features an in-store studio for group or personal fitness training sessions – the first in a U.S. Nike ret
RECALL: 8,000 Leatherman Leap Children’s Multi-tools
Leatherman Tool Group Inc. is recalling about 8,000 of its Leap children's multi-tool because the lock mechanism on the optional knife blade can inadvertently release the blade, posing a laceration hazard…
Report: Puma Close to Signing Rihanna
Puma is close to signing superstar singer Rihanna to a major deal to design footwear and apparel, according to a report in the Daily News…
Deckers Brands Appoints SVP, EMEA
Deckers Brands appointed Sergio Azzolari to the role of senior vice president, EMEA, starting on Feb. 2, 2015. He had worked for Luxottica Group…
Icebreaker to Open Store in Calgary
Icebreaker announced the launch of its newest retail “TouchLab” in Calgary’s Chinook Center, one of North America’s highest-performing shopping destinations. Icebreaker now has 13 North American stores…
The Buckle’s Q3 Earnings Flat
The Buckle, Inc. reported third-quarter earnings were essentially flat at $40.6 million, or 84 cents per share. Net sales for the 13-week fiscal quarter ended Nov. 1, 2014 increased 1.9 percent…
Nike Pulls Alleged Iverson Shoe
Nike is pulling a shoe after former NBA superstar Allen Iverson, a long-time Reebok sponsor, alleged the shoe was a tribute to him…
Princeton Tec Expands Global Distribution Network
Princeton Tec, producer of U.S. manufactured headlamps and handheld lights for the outdoor, bike, tactical, industrial and SCUBA markets, is expanding its global reach for 2015…
