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…
News May 13, 2013
Latest In: Financial News
Price controls to stop discounting return
The Wall Street Journal has an interesting front-page story today about a U.S. Supreme Court ruling that allows…
News May 13, 2013Macy’s reorganizes, thousands of jobs cut
Macy's announced a major reorganization today that will eliminate about 2,550 jobs. The company also announced same-store sales…
News May 13, 2013
More about Volcom's expanded distribution
There was some information I missed in Volcom's conference call yesterday because of technical difficulties. The transcript is…
News May 13, 2013
Zumiez comments on footwear business
Zumiez believes the macro economic environment is hurting footwear sales at its stores as shoppers delay more expensive…
News May 13, 2013
Crocs slashes forecast citing slow spending
Crocs Inc. cut its first quarter earnings forecast this week citing slower consumer spending and costs related to…
News May 13, 2013Shorts and swim weakness hurts PacSun
PacSun CEO Sally Frame Kasaks said first quarter results released this afternoon were "disappointing." The stores were hurt…
News May 13, 2013
Richard Woolcott takes on Chairman title
Volcom announced yesterday that Richard Woolcott is now the chairman of the board in addition to CEO. Chief…
News May 13, 2013
Quiksilver says Rossignol deal will close, hires Morgan Stanley to explore financing options
Quiksilver put out an interesting press release today. In summary it said: - The Rossignol deal will close…
News May 13, 2013
Zumiez: Big brands hurting our sales and margins
Zumiez CEO Rick Brooks said Thursday that the trend of new and smaller action sports brands performing better…
News May 13, 2013
Retail sales better than expected in November
Excluding car sales and gas-station sales, retail sales climbed 0.3 percent in November from the previous month as…
News May 13, 2013
