PacSun Reports Q1 Sales Dip 2%
Pacific Sunwear of California, Inc. announced that net sales for the first quarter of fiscal 2011 ended April 30, 2011 were $186 million, a decrease of 2 percent from net sales of $190 million for the first quarter of fiscal 2010 ended May 1, 2010…
Collective Brands Q1 Net Drops on Payless Weakness
Collective Brands, Inc. reported earnings tumbled 51.3 percent to $26.4 million, or 42 cents per share, from $54.2 million, or 83 cents, a year ago. Sales decreased 1.1 percent to $869.0 million. Weak sales at its domestic Payless chain offset strength at
Brown Shoe Appoints VP-Investor Relations
Brown Shoe Company, Inc. appointed Peggy Reilly Tharp to the position of vice president-investor relations…
DSW’s Q1 Earnings Climb on 10 Percent Comp Gain
DSW Inc. reported first quarter net sales increased 12.0 percent to $503.6 million from $449.5 million in the first quarter of 2010. Comparable sales increased 10.8 percent on top of a 16.2 percent increase in comps in the first quarter of 2010. Net earni
Three Li Ning Executives Exit
Three executives of Li Ning Co. have left the Chinese sports-apparel and footwear maker…
Modell’s Closes Store in South Attleboro
Modell's Sporting Goods has closed its store in South Attleboro, MA. The 20,000-square-foot store opened in 2006…
Stride Rite Retail to Expand to Indonesia, Thailand and Korea
As part of its international growth strategy to expand the company's global footprint for all its brands and businesses, Collective Brands, Inc. announced that its Performance + Lifestyle Group (PLG) has signed new agreements aimed at bringing the ch
Derby Cycle Sales Rise 40.3 Percent in First Half
German bike maker Derby Cycle said its sales outside Europe rose 171.9 percent to €3.9 million ($5.3mm) in the first half of 2010/2011 due largely to sales by its U.S. subsidiary. Overall revenues rose 40.3 percent to €114.4 million ($156.0mm)
Invista to Invest $100M in Brazilian Lycra Plant
Invista is investing more than $100 million in a new Lycra fiber production plant in Paulínia, São Paulo State in Brazil. Construction for the expansion project will begin immediately, with an expected opening in late 2012…
Tennessee Lawmakers Look to Lure Outfitters with Bill
Lawmakers in Tennessee have introduced the Tennessee Adventure Tourism and Rural Development Act of 2011 to encourage the development of adventure tourism in rural areas suffering high unemployment…
Western Ski Resorts Continue to Post Solid Occupancy Gains
Overall occupancy at major western mountain resorts finished up 5.7 percent this winter compared to last season, capping off a near record year for the snowsports industry in terms of lodging occupancy, skier visits and retail sales, according to Mountain
High Gas Prices, Outdoor Industry Bolster Allure of Staycations
The staycation of 2008 fame appears to be making a comeback as rising gas and other prices continue to squeeze family budgets, according to the American Automobile Association’s annual forecast for the Memorial Day holiday…
Descente Fiscal Year Profits Jump Despite Flattish Sales Growth
Descente Ltd reported sales for the fiscal year ended March 31 reached ¥75.73 billion ($886 mm), up 0.4 percent from ¥76.02 billion ($819 mm) in the prior fiscal year…
FansEdge.com Parent Sees Q1 Top Line Up 42%
Multi-channel retailer Dreams, Inc. revenues jumped 42.2 percent to $23.5 million in the first quarter from $16.5 million in the year-ago period. E-commerce revenues rose 52 percent to $16.8 million, largely driven by a 61 percent increase in the company&
Patagonia Inc. Protests Creation of Dams in Patagonia, Chile
Armed with pots and pans, 500 Patagonia Inc. employees staged a Chilean-style protest at company's headquarters in Ventura, CA to protest the Chilean government's approval of a multi-national energy company to construct five huge dams in the are
