Sears Holdings Doubles Fourth Quarter Profits
Sears Holdings Corp. reported a surge in fourth-quarter profit, reflecting improved gross margins and the absence of last year's costs related to store closings and severance. Revenues declined year-on-year, but exceeded analysts' expectations,
Skechers Swings to Q4 Profit on Surge in Sales
Seeing momentum across its lines, Skechers USA Inc. reported sales grew 30.4% in the fourth quarter to $388.6 million. Backlogs were up 40% as of Dec. 31 and are running even higher so far in the first quarter…
Five Thoughts for a Gilt-Free Future
Several outdoor brands tested sales at online retailer Giltman.com. This members-only site offers brief (twelve to thirty-six hour) sales of high-end, typically fashion-forward product, at a deep discount…
Foot Locker Tests Run Store in NYC
Foot Locker Inc. is testing a running-themed store on 14th Street in New York City. Said Peter Brown, SVP and chief information officer, “It's something new. It's just a test and we'll see how it works and go from there.”…
Student Rally Seeks End of Nike’s UW-Madison’s Contract
With shouts of 'Cut the Contract!,' a group of about 25 students from the University of Wisconsin's Student Labor Action Coalition held a demonstration in front of Chancellor Biddy Martin's office on Feb. 12, to protest the university&
Evinrude Announces Ambassadors
BRP has introduced a team of four elite anglers as official ambassadors to Evinrude outboard engines. Dubbed “The E-TEAM,” the group will tour the U.S. over the next four months, outfitted with the Evinrude technology, sharing real experiences and interac
244 More Russell Athletic Jobs Head to Bowling Green
Officials with Fruit of the Loom announced that 244 more positions within Russell Athletic in Alexander City, AL, will be moved to the company's corporate campus in Bowling Green, KY…
Cabela’s Sees Q4 Profits Plunge on Charges
Cabela’s Inc. reported consolidated revenues grew 4.5% for the fourth quarter of fiscal 2009 — slightly better than analysts had forecast — but charges and liquidation costs pushed profits down more than 66% from the prior-year period…
Reagan Selected as Executive Director of AFWA
The Association of Fish and Wildlife Agencies has named Ron Regan has as its new Executive Director…
Sports Direct Acquires Blacks Leisure Stake to Derail Rescue Plans
Sports Direct acquired the rights to a disputed 29% stake in Blacks Leisure, the struggling U.K. outdoor chain, and said it planned to vote against its rescue plans. The move could be a precursor to a bid from Sports Direct for Blacks…
Perry Ellis Reports Earnings Above Expectations
Perry Ellis International, Inc., which makes swimwear and golf apparel under the Jantzen, Nike, Jag, Callaway and PGA Tour labels, expects to deliver results at or in the top end of its previously announced guidance range of between 80 cents and 95 cents
Sabre Defence Industries Raided by ATF Agents
Federal agents from the Nashville field division of the Bureau of Alcohol, Tobacco, Firearms and Explosives have searched the Nashville factory of military weapons manufacturer Sabre Defence Industries, according to a release by Sabre…
HanesBrands Targets Long-Term Annual EPS Growth of 10% to 20%
Hanesbrands Inc., the parent of Champion, projected it could double EPS over the next three to four years based on expectations for 2010 net sales growth of 5% to 8% and EPS growth of 25% to 35%. It also said it is looking at smaller acquisitions to grow
Billabong Sees Weakness Continue in North America
Billabong International Limited said currency fluctuations pushed sales in its Americas segment down 6.2% to A$317.5 million ($282.9 million) in constant-currency terms for the fiscal first half ended Dec. 31…
USFW Announces Firearms Rule Change for Possession in Nat’l Wildlife Refuges
The U.S. Fish and Wildlife Service said on Monday that effective February 22, 2010, the rules governing possession of firearms on National Wildlife Refuges will change as a result of legislation enacted by Congress. After this date, the law allows an indi
