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CIT woes may impact retail shipping
Here's an AP story about the possible impact of a CIT bankruptcy or failure. The National Retail Federation said earlier this week that CIT is "too big to fail," though…
News May 13, 2013
VF beefs up licensing team
VF said today it hired a former Iconix executive to help it partner with key retailers to introduce new brands under a licensing model. Iconix brought Op to Wal-Mart, among…
News May 13, 2013
Oakley, Ray-Ban growing sales in recession
I missed Luxottica's second quarter earnings release last week, but think there are several interesting nuggets worth noting. Luxottica CEO Andrea Guerra was pleased with the company's second quarter performance…
News May 13, 2013
Zumiez continues to sharpen price points; small brands continue to take market share
Zumiez reported second quarter earnings Thursday afternoon and hosted a conference call with analysts to discuss results. On the call, CEO Rick Brooks and CFO Trevor Lang reiterated the company's…
News May 13, 2013
Top line results for Quiksilver's third quarter earnings
Total revenue from continuing operations: down 11.2 percent to $501.4 million. Revenue declined 5 percent in constant currency. Pro forma net income: down 88.8 pecent to $3.7 million Pro forma…
News May 13, 2013
World Industries creates mobile warehouses for retailers
World Industries sent me an interesting press release about new vans it has turned into mobile warehouses and offices so sales reps can bring goods directly to retailers. The vans…
News May 13, 2013
West 49 sees stability in its back-to-school results
Canadian action sports retailer West 49 reported yesterday that it "held its ground" in the 2009 back-to-school selling season. The mall-based company, which is the industry's largest Candian customer, said…
News May 13, 2013
Bob Hurley, Rob Machado, Surfline execs, to bartend for earthquake relief
A fundraiser is set for Wednesday night at "A" Restaurant in Newport Beach to raise money for the victims of the Sumatra earthquake Here are the details I received about…
News May 13, 2013U.S. demand boosts Columbia's results
Strong demand in the U.S. in the fall lead to better than expected third quarter revenues for Columbia Sportswear, the company said yesterday. Revenue for the quarter was $30 million…
News May 13, 2013
