Skechers Launching Branded Line of Backpacks and Bags
Skechers USA, Inc. has signed a licensing agreement with Global Design Concepts to design, produce and distribute Skechers -branded backpacks, messenger and tote bags for men, women and kids…
Life Distribution to Acquire Split Clothing
Life Distribution LLC, the owner of Ambiguous Clothing, has acquired Split Clothing with plans to bring the brand back with a young men's collection in spring 2011 and a girl's collection in fall 2011…
Gildan Boosts Guidance on Record Q2 Sales
For the second consecutive year Gildan Activewear Inc. has released record financial results for the company’s fiscal second quarter ended April 4 and upped its sales guidance in response to the positive changes in market conditions…
WTO Agrees to Probe EU Duties on Chinese Footwear
World Trade Organization judges agreed to investigate whether European Union anti-dumping tariffs on Chinese shoes unfairly harm China's exporters…
B.C. and Ontario Convert to New Sales Tax Systems July 1
Brands selling in British Columbia and Ontario need to be aware that the provinces are converting to a harmonized sales tax system July 1, that will affect the way sales taxes are levied and remitted. The change will raise the sales tax on bicycles from 5
Broder Bros. Narrows Q1 Loss on Better Margins, Sales…
Citing higher gross margins and higher unit volumes, Broder Bros. was slightly up in the first quarter of 2010, posting net sales of $153.5 million compared to $151.7 million for the first quarter of 2009…
Nordstrom Raises Dividend by 25%
Nordstrom Inc. said its board boosted its quarterly cash dividend by 25 percent to 20 cents per share…
Report Sees Shift in Brand Loyalty Among Young Consumers
Nike is still clearly the brand to beat among younger consumers, but support for the brand wanes as teens move into their college years…
Head NV Gets Q1 Boost from Racquet Sales Gain; Economy Hurts Diving Biz…
Head N.V. finished its first quarter with sales and earnings improvements in two of the company’s three main segments…
Saks Swings to a First-Quarter Profit
Saks Inc. reported net income of $18.8 million, or 11 cents per share, during the first quarter ended May 1, compared to a loss of $5.1 million, or 4 cents a share, a year earlier…
Outdoor MandA Market Heats Up Again
With the improving economy, the floodgates appear to have opened for mergers & acquisition deals. So far, Black Diamond, Gregory, Lendal, Cloudveil and Isis have all found new owners since the start of the year after Yakima was acquired at the close of 20
Aldila Q1 Sales Recover
Strong sell-in and a 9% surge in golf shaft sales propelled sales for Aldila Inc. 16.8% to $16.1 million from $13.8 million a year ago…
Western Mountain Resorts Grew Occupancy with Lower Rates this Winter
Year-over-year occupancy was up 1.4% and the average nightly rate down 5.8% for the 2009-10 snowsports season at more than a dozen western mountain resort destinations, according to the Mountain Travel Research Program (MTRiP)*…
Fox Factory OEM Sales up 63% in First Quarter
Fox Factory Inc., also known as Fox Racing Shox, swung from a loss in the year-ago quarter to nearly $3 million in profits in the first quarter this year on strong growth in sales as OEM sales to the mountain biking and motorsports industries rebounded…
Cabela’s Looks to Retail Expansion, Improved Direct Segment for 2010 and Beyond
Shortly after reporting a 2010 first quarter that saw a 58% spike in earnings decimate forecasts, Cabela’s Inc. management used its annual shareholders meeting to outline growth initiatives for building upon the early success in 2010 that has enjoye
