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Retailers are cautious about holiday, think consumer spending will continue to lag
There is an interesting study out today about how retailers are approaching the holiday season and business in general as consumer spending continues to be weak. The study is by…
News May 13, 2013
DC Shoes European general manager leaves
DC Shoes European general manager Matthieu Bazil has left the company, according to a DC spokeswoman. Bazil held that position for approximately 3.5 years. It is unclear exactly when he…
News May 13, 2013
Holiday sales expected to decline
After the tough 2008 holiday season, the worst holiday sales performance since the National Retail Federation began tracking sales in 1992, the retail trade group expects this year's holiday sales…
News May 13, 2013CIT announces agreement with bondholders
From Reuters: CHICAGO (Reuters) - Commercial finance company CIT Group Inc and a group representing its bondholders have agreed on changes to the company's proposed restructuring plan as it looks…
News May 13, 2013
Oakley bucks recession
Sunglasses are a tough category for many companies in the recession, but apparently not for Oakley. Parent company Luxottica reported Thursday that Oakley recorded a 9% increase in constant currency…
News May 13, 2013Hollister climbs off discounting high horse
When the recession started, Ambercrombie & Fitch CEO Mike Jeffries was adamant that the company's chains would not risk hurting its brands by discounting. Here's what Jeffries said in November…
News May 13, 2013
Dick's better than expected in Q3, cautious about Q4
Industry customer Dick’s Sports Goods third quarter results turned out better than expected thanks to colder weather but the company is still cautious about the fourth quarter. Dick’s bought Southern…
News May 13, 2013
Executive moves: Seemayer joins Affliction
Joe Seemayer starts his new job today as the vice president of sales for MMA brand Affliction. Previously, Joe was a vice president of sales at DC Shoes, responsible for…
News May 13, 2013
More on Fernando's meeting with Olympics chief
Fernando Aguerre, the President of the International Surfing Association (ISA) recently met with International Olympic Committee (IOC) President Jacques Rogge in Switzerland. Fernando has been trying to get surfing into…
News May 13, 2013
