Foot Locker Launches 5-Year Growth Plan, Looks to Increase Focus on Run and Apparel
Foot Locker Inc. announced a series to strategies to reach a goal of annual sales of $6 billion and net income margin of 5% over the next five years. At an analyst meeting, Ken C. Hicks, its new chairman and CEO, said the new strategy includes a increased
Dick’s SG Posts Modest Q4 Earnings Rise on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported an 8.3% gain in fourth-quarter earnings. Sales increased by 10.7% to $1.3 billion due primarily to a 2.5% increase in comparable store sales, the opening of new stores and the addition of e-commerce sales. The 2.5
Collective Brands Narrows Q4 Loss
Collective Brands, Inc. reported a fourth quarter net loss of $10.9 million, or 17 cents per diluted share, compared to a net loss of $144.0 million, or $2.28 per share, in the fourth quarter of 2008. Excluding special items, the loss was cut to $11.6 mil
Filson Opens First Store in Japan
Filson announced the opening of its first international store in Osaka, Japan in partnership with its distributor of 28 years, Goldwin, Inc. Located in the Osaka, Horie area, an established fashion district, the store officially opened this past Saturday
Stage Stores Q4 Profit Gains 10%
Stage Stores Inc. reported its fiscal fourth-quarter profit rose 10% to $27.9 million, or 72 cents, for the period ended Jan. 30, up from $25.3 million, or 67 cents per share, a year ago. Sales fell 5% to $431.7 million from $455.8 million…
Genesco Fourth Quarter Gains Driven by Hat World
Genesco Inc.’s fourth quarter earnings rose 12% and exceeded expectations, driven by strong sales at Hat World and its direct-to-consumer catalog and e-commerce businesses combined with higher gross margins and lower expenses. Sales increased 6% to
Neiman Marcus Rebounds, Posts Profit
Neiman Marcus Group Inc. swung to a fiscal second-quarter profit after steep write-downs weighed on year-ago results. For the quarter ended Jan. 30, Neiman Marcus posted a profit of $4 million, compared with a year-earlier loss of $509.3 million. The year
Geocaching.com Publishes One Millionth Listing
Seattle-based Geocaching.com said it published its one-millionth active geocache listing over the weekend. It has taken just over two years to double the number of active geocaches in the world to reach the one millionth geocache, the company said.
Fox Factory Sales Slip 7.7% in 2009, But Orders Soar
Sales at action sports components maker Fox Factory Holding Corp. reached $121.5 million in the year ended Dec. 31, 2009, down 7.7% from 2008, the company’s parent company reported. However, Fox ended the year with a 62% increase in firm back orders
Adidas Group Sees Return to Growth in 2010; Owned-Retail the Lone Bright Spot in 2009
The adidas Group reported its fourth-quarter earnings fell sharply amid continued sales declines but said it expects growth to resume this year on the strength of its marketing around the FIFA World Cup, momentum seen in its adidas Originals lifestyle col
Spyder Names Director of Marketing
After serving as Director of Marketing for nearly 20 years, Kathy Carroll has left Spyder to pursue new personal and career opportunities. Stepping into the position is Laura Wisner, who previously held the post of senior marketing manager…
Nautilus Swings to Q4 Profit Despite Double-Digit Sales Decline
The final quarter of fiscal 2009 was a continuation of the first three for Nautilus, Inc. as the company reported more general weakness in all of its major business segments. Net sales for the Vancouver, WA-based fitness manufacturer fell 16% to $53.7 mil
SIA: Snow Market Flat In January
According to the SnowSports Industries America (SIA) Retail Audit Report, Snow Sports market sales reached $2.26 billion in January with a 0.4% gain in dollars sold compared with August through January last season. Significant declines in the West and Nor
Warnaco Swimwear Group Records Profitable Q4
The Warnaco Group, Inc. reported Swimwear Group net revenues increased 10% to $50.8 million in the 2009 fourth quarter, citing gains in both Speedo and Calvin Klein Swim. Operating income increased to $2.3 million, or 4% of Swimwear Group net revenues, co
Deuter USA Hires The Walton Works as PR Agency
Deuter USA has hired The Walton Works as their public relations connector effective immediately…
