NRF Lobbies for Fed Oversight of Debt Card Fees
The National Retail Federation today urged the Senate to approve amendments to financial services reform legislation that would direct the Federal Reserve to determine “reasonable and proportionate” transaction fees for debit cards and make it
Life is Good to Sponsor Two-Day Music Festival
Life is Good will host a two-day music festival with the goal of raising $1 million to heal and strengthen children facing life-threatening challenges, including violence, illness, and extreme poverty…
Fox Factory Sales Rise Nearly 63%
Fox Factory Inc. swung from a loss to nearly $3 million in profits in the first quarter on a nearly 63% gain in sales as OEM sales to the mountain biking and motorsports industries rebounded, according to a 10Q released by its parent company…
Paddlesports Dealer, City Parks Team Up to Sponsor Outdoor Nation Delegate
River City Canoe & Kayak has partnered with Louisville Metro Parks and the Mayor’s Healthy Hometown Movement to sponsor delegate to the Outdoor Nation Youth Summit and Festival in Central Park. The event will span two days, June 19 and 20, and for t
NSSF Releases Guns/Ammo Economic Impact Report
The National Shooting Sports Foundation (NSSF) has released a report detailing the economic impact of firearms and ammunition on each state’s economy…
Stride Rite Children’s Group Appoints SVP of Wholesale
The Stride Rite Children's Group, a division of the Collective Brands Performance + Lifestyle Group, announced that Matt Feiner has been appointed senior vice president, wholesale, reporting to Sharon John, president of the Stride Rite Children'
Fox Racing Shox’s Parent Reports Loss
Compass Diversified Holdings, the parent of Fox Racing Shox and Liberty Safe, reported a net loss of $15.3 million for the first quarter, which includes a $14.4 million non-cash supplemental put accrual expense…
Burton CEO Steps Down
Following 15 years of continued service with the company, Laurent Potdevin, Burton’s CEO, has decided to step down in order to pursue other opportunities…
Rocky Brands Announces Common Stock Offering
Rocky Brands, Inc. intends to offer, subject to market, regulatory and other conditions, approximately $15 million of its common stock in an underwritten public offering…
Nike, Inc. Outlines Five-Year Growth Plan
In its first analyst meeting in three years, Nike, not uncharacteristically, heralded an ambitious five-year goal to expand sales by 40% to $27 billion by 2015…
ASA Looks For Action on Gulf Oil Spill
In response to the oil spill caused by the Deepwater Horizon oil rig explosion in the Gulf of Mexico, the American Sportfishing Association (ASA) said it is calling upon federal and state officials to “act swiftly and diligently to mitigate the effe
Shoe Carnival Hikes Q1 Estimates
Shoe Carnival reported sales for the first quarter of 2010 increased 13.2% to $189.5 million from net sales of $167.3 million for the first quarter of 2009. Comparable store sales for the thirteen-week period ended May 1, 2010 increased 13.1%…
April Retail Stymied by Easter Shift, Weather
Retailers flying high following a record March for same-store sales were brought crashing back to reality during April, as a calendar shift and cooler, damp weather caused more than 70% of retailers to miss estimates for the month…
Big 5 First Quarter Reflects Biggest Quarterly Comp Sales Gain Since 2006
Big 5 Sporting Goods Corporation reported improved revenues and better-than-expected profit for the fiscal first quarter ended April 4 as a prolonged winter and increases in traffic and average ticket prices boosted results for the period…
K-Swiss Adds Gael Monfils to Tennis Roster
K-Swiss Inc. announced the addition of Gael Monfils, the second highest ranked French tennis player and current ATP Tour World No. 18, to its tennis roster…
