Zumiez Q3 Comps Drop 5.8%, Net Sales Rise 7.9%
Zumiez Inc. saw total net sales for the third quarter ended Nov. 1, 2008 increased by 7.9% to $112.2 million from $104.0 million reported in the third quarter ended Nov. 3, 2007. Comparable store sales decreased 5.8% for the third quarter of fiscal 2008 c
RECALL: Brownie’s Third Lung Air Compressors
The U.S. Consumer Product Safety Commission, in cooperation with Brownie's Third Lung, announced a voluntary recall of the company's air compressors. Consumers should stop using recalled products immediately unless otherwise instructed. There ar
Foot Locker Reports Q3 Sales Slip 3.5%, Cuts FY EPS Outlook
Foot Locker, Inc. reported net income of $24 million, or 16 cents per share, for the third quarter ended Nov. 1, 2008, compared with net loss of $33 million, or 22 cents per share, last year. But the retailer lowered its guidance for fiscal 2008 below ana
RECALL: Yong Colors Children’s Hooded Jackets
The U.S. Consumer Product Safety Commission, in cooperation with importer R&D International Inc., have announced a voluntary recall of Young Colors Children's Hooded Jackets. Consumers should stop using recalled products immediately unless otherwise
Dick’s Sporting Goods Lowers Q4 Guidance
Dick's Sporting Goods, Inc. reported third quarter earnings slumped 24.6% to $9.2 million, or 8 cents per diluted share, from $12.2 million, or 10 cents, a year ago. The third quarter earnings per diluted share are at the top end of earnings guidance
Jarden Corp Adopts Stockholder Rights Plan
Jarden Corporation said its Board of Directors approved the adoption of a stockholder rights plan. The company said the adoption of the plan is “not in response to any current accumulation of shares or specific effort to acquire control of Jarden, but rat
Perry Ellis’ Q3 Revenues Slip 2.1%
Perry Ellis International's sales slid 2.1% to $222.8 million from $227.5 million a year ago. Strong results for the Perry Ellis brand, denim, golf and Hispanic categories coupled with better than expected results in international and licensing busin
Hanesbrands to Lay Off 395 Jobs
Hanesbrands Inc., the parent of Champion, said it will trim 210 management and corporate positions to reduce costs, and also plans to close a China Grove, N.C., yarn plant by the end of the year, affecting another 185 employees. Hanesbrands has about 48,6
48STRAIGHT Cancels Season as Jeep Pulls Out
Chrysler subsidiary Jeep has pulled out as title sponsor of the 48STRAIGHT winter event series, forcing organizers to cancel the snowsport series on the eve of its third season. Event organizers have already canceled events at ski resorts in…
Timberland Licenser Has 4% GAAP Revenue Rise in Q3
For the third quarter of 2008, Phillips-Van Heusen Corporation, licenser of Timberland apparel, had total GAAP revenue increase 4% to $727.5 million from $696.4 million in 2007. The company has revised its previous projection for full year earnings per sh
Timberland Licenser Has 4% GAAP Revenue Rise in Q3
For the third quarter of 2008, Phillips-Van Heusen Corporation, licenser of Timberland apparel, had total GAAP revenue increase 4% to $727.5 million from $696.4 million in 2007. The company has revised its previous projection for full year earnings per sh
NanoSphere Partners Quadruple in One Year
A year after Schoeller Technologies AG and Clariant International Ltd. joined forces to distribute NanoSphere finishing technology, the number of partners almost quadrupled, rising from 12 to 47. The range of countries now includes…
TapouT Signs Kid’s License
TapouT, a mixed martial arts apparel, gear and lifestyle brand, has signed a licensing agreement with Kids Headquarters to expand the current offering of children’s apparel and provide products to TapouT customers nationwide. The deal represents its first
CPSC: New Phthalates Limits Aren’t Retroactive
The Consumer Product Safety Commission has ruled that an impending ban on certain products containing phthalates will only affect those made after Feb. 10, 2009. The ruling eliminates a major headache for sporting goods suppliers and retailers, who until
Boaters and Anglers Invited to Surf New Site
The Recreational Boating & Fishing Foundation (RBFF) launched a new social networking site for boating and fishing enthusiasts called “Fishington” – The Fishing & Boating Capital of the Internet. The site allows boaters and anglers nationwide to connect w
