Brooks Launches Run Happy Group
Brooks has launched the Brooks Run Happy Group, a new interactive section of brooksrunning.com. In partnership with fitness community site Sweat365, the Brooks Run Happy Group is a place where runners can connect with each other, blog about what makes the
Canadian Co-op Buying Sportsman’s Warehouse
Alberta, Canada-based UFA Co-operative Limited is poised to acquire a majority interest in Utah-based Sportsman’s Warehouse, increasing the co-operative’s annual revenue by $800 million. UFA has already made a significant cash injection into the US retai
Intrawest Names New President/CEO
Intrawest appointed Frank DeBerry to the position of President and COO at Mountain Creek in New Jersey. In this role, DeBerry will be responsible for all aspects of Mountain Creek's resort operations and he…
Vietnam Cleared in Dumping Investigation, China Next
Two years after it began monitoring Vietnamese apparel imports, the U.S. Department of Commerce ruled Nov. 21 that there is insufficient evidence to warrant self-initiating an antidumping investigation. The ruling removed a potential disaster for the spor
Famous Footwear Same-Store Sales Drop 5%
An increase in stores and marketing activity failed to counter slower consumer spending at Famous Footwear in the third quarter ended Nov. 1, 2008. Net sales for the footwear chain were $362.7 million, a 0.5% increase, compared to $361.0 million last year
Online Spending Forecast to be Flat through Holidays
ComScore is forecasting holiday online retail spending for the November – December period will be flat versus a year ago, significantly lower than last year’s growth rate of 19% and below the retail e-commerce growth rate of 9% that has been observed for
Take Me Fishing Resonating Like Never Before
The Recreational Boating & Fishing Foundation’s (RBFF) new Take Me Fishing campaign message is resonating with boaters and anglers like never before, according to an annual tracking study. The study reveals more than half of target anglers identified as o
Sturm, Ruger and Co. Authorizes Stock Repurchase Program
Sturm, Ruger & Company, Inc. said its board of directors has authorized a stock repurchase program…
DSW’s Q3 Earnings Drop 41.1%
DSW Inc. reported earnings fell 41.1% in the third quarter ended Nov. 3, to $13.2 million, or 30 cents a share, from $22.4 million, or 51 cents, a year ago. Revenues climbed 6.5% to $391.4 million from $367.4 million but same-store sales slipped 3%. The f
Dick’s SG Secures Financing for New HQ
Horizon Properties Group has secured $107.5 million for the development of Dick’s Sporting Goods’ future 730,000-square-foot headquarters in Findlay Township, PA. Construction of the building, near the Pittsburgh International Airport, is already underw
SUGOI Hires Sales Agencies
SUGOI Performance Apparel, a division of Dorel Industries, announced that the Hartford Sales Group, managed by agency principal Larry Hartford, will represent SUGOI in the California and Northern Nevada region. Adam Casey and Jonathon Vinet from Pursuit B
McDavid Files Patent Infringement Suit Against Nike
McDavid and Stirling Mouldings Limited has filed a patent infringement lawsuit against Nike. The lawsuit concerns foam padded shorts sold by Nike under the name, deflex…
Brown Shoe’s Q3 Sales Slip 2.2%
Brown Shoe Company, Inc. reported sales slid 2.2% to $631.7 million from $645.5 million a year ago. Earnings decreased 61.5% to $10.4 million, or 25 cents per diluted share, from $27.0 million, or 61 cents, in the year-ago quarter. Excluding non-recurring
Genesco Q3 Comps Rise 2%, EPS in Line With Forecast
Genesco Inc. had earnings from continuing operations of $9.5 million, or 43 cents per diluted share, for the third quarter ended Nov. 1, up from $5.6 million, or 23 cents, a year ago. Sales increased 5% to $390 million from $372 million while comps grew 2
Genesco Q3 Comps Rise 2%, Net Sales Rise to $390 M
Genesco Inc. had earnings from continuing operations of $9.5 million, or 43 cents per diluted share, for the third quarter ended Nov. 1, 2008. These results include $2.5 million of restructuring charges and merger-related expenses, offset by…