Heelys to Pay $5.25 million to Settle IPO Suit
Heelys Inc. said a federal judge has approved a $5.25 million settlement of a class-action lawsuit arising from its 2006 initial public offering…
Zappos.com Partners with Overlay.TV
Zappos.com has partnered with interactive video firm Overlay.TV to bring its catalog of products to life through video and to transform the way customers interact with the online store…
Rab Adds Reps in West
Rab has hired Redline Sports Group, LLC to represent its line of mountaineering clothing and equipment in Colorado, New Mexico, Wyoming and Utah. Ed and Tannis Sampson are representing the CA, Nevada and Arizona territory for Rab…
PPR Spinning Off Stores to Focus on Fashion Brands
PPR SA is planning on selling its once-core French retail businesses – including the electronics retailer Fnac and the Conforama discount furniture stores and the mail-order catalog business Redcats – to focus on developing its fashion brands such as Yves
Cleveland.Srixon Names Lovejoy Product Manager for Women’s/Juniors Category
Cleveland Golf/Srixon said that, effective immediately, Jilayne Lovejoy has been promoted to the position of Product Manager for the Women’s & Junior categories…
Smith Optics Named Utah Manufacturer of the Year
Smith Optics Manufacturing (Smith MFG) was recently named by MEP (Manufacturing Extension Partnership) as Utah’s Manufacturer of the Year for Innovation and Technology Commercialization, according to a press release by the company…
Kokatat Launches Paddling Blog
Kokatat, the paddlewear and accessories company, launched its official blog: http://blog.kokatat.com. The Kokatat blog will offer readers content from Team Kokatat (sponsored whitewater and sea kayakers), Kokatat Ambassadors (supported athletes from withi
SandP Lowers Foot Locker’s Debt Ratings
Standard & Poor's lowered the debt ratings of Foot Locker Inc. one notch to B+ from BB-. The rating agency cited operational challenges due to poor same-store sales and eroding credit-protection measures…
NRF Sees 134 MM Black Friday Shoppers
According to a preliminary Black Friday shopping survey, conducted for the National Retail Federation by BIGresearch, up to 134 million people will shop this Friday, Saturday or Sunday, higher than the 128 million people who planned to do so last year. Ac
TAG Signs Factoring Pact
Total Apparel Group, Inc., a master distributor and licensee of international trademarks in the branded apparel, footwear and accessories sectors, entered into a receivables factoring agreement with Coral Capital Solutions that will expedite the cash flow
Billabong to Acquire Swell.com
Billabong International Limited announced it has entered into a conditional agreement to acquire the United States-based online boardsports retailer Swell.com (Swell). Swell, founded in 1999, is a online retailer in the US boardsport sector and sells many
Brown Shoe’s Earnings Rise, Famous Footwear’s Comps Up 4.7%
Brown Shoe Co. reported net sales decreased 1% in the third quarter to $625.6 million from $631.7 million a year ago. Same-store sales for Famous Footwear increased 4.7% during the quarter and Specialty Retail same-store sales increased 4.1%…
NanoHorizons Opens New Headquarters
NanoHorizons Inc., the provider of nanosilver antimicrobial solutions marketed under the SmartSilver brand, has consolidated its corporate offices, manufacturing operations, and laboratories into a new facility located in Bellefonte, PA…
DSW Doubles Earnings, Comps up 8.7%
DSW Inc. doubled its earnings per diluted share in the quarter ended Oct. 31 on the strength of 8.7% comp store sales gains. The company reported net income doubled to $26.6 million on net sales of $444.6 million, up 13.5% from the the quarter ended Oct.
Genesco’s Q3 Profits Climb 28%; Comps Dip 2%
Genesco Inc. reported earnings from continuing operations for the third quarter ended Oct. 31, 2009 of $11.5 million, or 50 cents per diluted share, up 27.8% from the $9.0 million, or 43 cents, reported a year ago. Sales of $390 million were essentially
