Kohl’s Q4 Profits Surge 28%
Kohl's Inc. reported net income for the fourth quarter increased 28% to $431 million, or $1.40 per share, compared to $336 million, or $1.10, a year ago. Sales were $5.7 billion, an increase of 8.5% for the quarter. Comparable store sales for the qua
ATF: Cav Arms Corp. and Owner Plead Guilty
Cavalry Arms Corporation and its owner Shawn Michael Nealon, 38, of Mesa Arizona., pleaded guilty to the felony offense of Illegal Sale by a Federally Licensed Firearms Dealer to an Out-of-State Resident, in federal district court in Phoenix, according to
Steve Madden’s Q4 Profits Surge on 17.1% Sales Gain
Steve Madden reported fourth quarter net sales increased 17.1% to $139.5 million. Net income increased 88.2% to $13.6 million, or 73 cents per share, compared to $7.2 million, or 40 cents, in the prior year's fourth quarter…
Invista Launches Anti-Counterfeit Campaign
Invista said it is taking a stance against trademark misuse on behalf of its brands. The owner of the Lycra fiber brand is launching an advertising campaign to reinforce the importance of protecting the value of its trademarks…
Pacific Brands Returns to the Black
Pacific Brands Ltd. reported a profit of Australia $22.2 million (U.S. $20 million) in the six months ended December 31 versus a loss of A$150 million a year earlier. Sales fell 7.8% to A$960.8 million ($853.7 million)…
Grammici Boosts Use of Propreitary Organic Fabrics
Apparel maker Gramicci said organic blends now represent over 60% of the offering in men's wear and 65% in women’s wear. New this year are environmental impact standards in manufacturing, dye and water usage as well as responsible fiber sourcin
Nike Sees Market Share Gains In Soccer
In an interview with Reuters in London, Nike's Chief Executive Mark Parker said newproducts and a marketing blitz at this summer's FIFA World Cup will help it continue to gain market share in soccer…
Saks Narrows Q4 Loss; Comps Fall 4.8%
Saks Inc. reported a net loss of $4.6 million, or 3 cents per share, in the fourth quarter of fiscal 2009, compared to a net loss of $99.7 million, or 72 cents per share, in the year-ago period…
New Balance Details Plans for HQ Expansion
New Balance unveiled its plan for a $250 million mixed-use development alongside its headquarters in Brighton, MA, that would feature a sports complex, hotel, park, movie theater, office buildings, and community space, along with a commuter rail station a
OIA TopLine Report: Outdoor Retail Sales Decline 2% in 2009
The 2009 year-end edition of the Outdoor Topline Report produced for the Outdoor Industry Association (OIA) found that retail sales for all core outdoor stores combined (chain, internet, specialty)* dropped 2% compared to 2008, moving from $5,188,090,096
Obenchain Stepping Down from OIA
Ann Obenchain is stepping down as VP of member services and marketing for Outdoor Industry Association (OIA). She is taking a job as director of marketing and development at Colorado Chautauqua Association…
Crocs Wins Appeal in Patent Case Over Shoe Design
A federal appeals' court overturned a 2008 U.S. International Trade Commission ruling that rejected Crocs Inc.'s claims of patent infringement against shoe makers who sold knock-off versions of the company's foam clogs…
TJX Posts Increase of 10% in Q4 Sales
The TJX Companies, Inc., the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, today announced sales and earnings results for the fiscal year and fourth quarter ended January 30, 2010…
Play It Again Parent Swings to Q4 Profit
Winmark Corp., the parent of Play It Again Sports, earned $1.46 million, or 28 cents per share, in the fourth quarter ended Dec. 26, versus a loss of $2.08 million, or 38 cents per share, for the same quarter a year before…
FGX International Sees 5% Q4 Revenue Gain
FGX International, the maker of glasses and sunglasses under such names as Foster Grant and Gargoyles, reoported sales increased 5% to $64.7 million from $61.8 million in the fourth quarter of 2008…
