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Nike sells Starter brand to Iconix
Starter is Nike's licensed league apparel business that is sold primarily at Wal-Mart. The sale follows Nike's review of its portfolio of brands. The company wants to focus on the…
News May 13, 2013
Peet’s in, Diedrich out
One of the last two full-line Diedrich Coffeehouses in Orange County closes Wednesday. The Diedrich at University Center in Irvine across from UCI will be replaced by a Peet's Coffee…
News May 13, 2013Macy's cuts forecast as comp sales fall
Macy's, which previously gave up reporting monthly same-store sales results, provided an update on its business this morning. As you may have guessed, the news isn't good.The company said same-store…
News May 13, 2013VF beefing up “direct to consumer” efforts
Lower down in this press release, VF's direct to consumers initiatives are mentioned. I marked the section in bold. VF owns Vans and Reef. GREENSBORO, N.C.--(BUSINESS WIRE)--Eric Wiseman, President and…
News May 13, 2013
Rip Curl: The marketing of two champs
As Kelly Gibson tries to revive Rip Curl in the U.S., he's gotten a big boost from two Rip Curl surfers who won the ASP world championships this year. I…
News May 13, 2013Interesting details from Macy's call
A few details of note came through on the Macy's second quarter earnings conference call yesterday, including: - While same-store sales fell 2.1 percent during the quarter and total sales…
News May 13, 2013
Quiksilver’s business worse than expected
It was just yesterday I wrote it seemed like the bad economic news keeps coming. Well here's some more today. Industry leader Quiksilver said this afternoon its first quarter loss…
News May 13, 2013
Quiksilver Women’s line debuts – See photos
Here's the scoop on Quiksilver's new women's line that debuts for fall. Quiksilver is showing the line at ASR this week. The goal is to appeal to an older customer…
News May 13, 2013
Toby Bost: There’s opportunity in downturn
I talked to Toby Bost, the CEO of La Jolla Group and O'Neill Clothing quite a bit at the show, and he likes his company's position as the economy softens.…
News May 13, 2013
