Western Warehouse, Boot Town to Close
Western Warehouse and Boot Town will begin going-out-of business sales at its 78 remaining stores next week, parent company BTWW said. BTWW, which calls itself the largest retailer of western apparel and footwear in the U.S., filed for bankruptcy protecti
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…
Sampco to Manufacture Dunham Work Collection
Dunham signed a license agreement with Sampco Inc. for the brand's work and industrial collection. Effective Dec. 15, Sampco will manufacture, market and distribute Dunham work and industrial footwear…
Americans Revert to Cash to Manage Debt
The new Coinstar National Currency Poll on economic trends reveals that nearly a quarter of Americans report using cash more often to pay for purchases than they did just one year ago. Reasons cited include helping to manage budgets and control credit car
NSGA: Team Dealers Improve Profitability, Reduce Expenses
Team dealers matched two of three key profitability benchmarks and three important productivity measures from the previous study, according to data contained in the new NSGA Cost of Doing Business Survey. Net operating profit remained at a 10-year high of
Report: Brand Strength May Be Key in Tough Economy
The SportsOneSource Group has released its 2009 Brand Strength Index, indicating that Nike, adidas, New Balance, Reebok and Under Armour have the strongest connection with consumers going into the new year…
NSGA: Most Sporting Goods Retailers Improving Performance
Almost all specialty retailers improved key measures of profitability and productivity versus two years ago, according to data in the newly released NSGA Cost of Doing Business Survey…
Walking Co. Sees Q3 Comp Gain
The Walking Company Holdings, Inc. reported consolidated net sales for the third quarter ended Sept. 30, 2008 of $59.5 million, up 5.2% from the year earlier period. The company said growth from 39 new stores for The Walking Company (TWC) was offset by th
PVH to Expand Timberland Apparel Doors in 2009
Philips-Van Heusen will continue to invest in its Timberland apparel business next year even as it halts expansion of its mall-based Calvin Klein stores to cut capital spending. The company affirmed its commitment to the Timberland brand even as it lower
