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  Feb 1, 2015
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Today's Top Story:

Deckers Misses Q3 Guidance on Uggs Shortfall

Deckers Brands reported earnings in its third quarter ended Dec. 31 rose 7.5 percent to $149.4 million, or $4.50, but missed its original guidance. Overall Ugg sales grew 6.5 percent but Ugg Classic styles declined due to a slow October and November selling period and tough comparisons, causing overall sales to miss plan. Among other brands, declines were seen in Teva and Sanuk but Hoka One One again saw significant gains... Click for Full Story >>>

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Fairweather Ski Works has been awarded a $40,000 grant by The Nature Conservancy after winning its Path to Prosperity contest, which seeks to encourage entrepreneurs building businesses around sustainable use of natural resources in Southeast Alaska...(1/31/2015)

 

Oiselle, a women’s athletic apparel brand, appointed Atsuko Tamura as president. Effective immediately, Tamura will join Founder and CEO Sally Bergesen in leading the rapidly growing company with a focus on operations, finance, strategic growth via multiple channels, both established and soon to be announced.(1/30/2015)

 

Louisville Slugger signed Miami Marlins Gold-Glove-winning left fielder Christian Yelich, 23, to an endorsement deal. The company has signed more than 8,000 professional players over the decades, but Yelich marked the first time a Major Leaguer signed his contract while at Louisville Slugger’s facilities...(1/30/2015)

 

Skechers USA, Inc. will return to the Super Bowl with a commercial starring legendary baseball great Pete Rose featuring its Relaxed Fit line...(1/30/2015)

 

Amer Sports' Atomic and Salomon ski brands have created Mountain Academy to offer in-depth, online snow safety education. Curriculum is accessible via direct payment, less than the cost of a lift ticket, or through purchasing qualified Atomic and Salomon products...(1/29/2015)

 

Callaway Golf Company reported sales increased 6 percent in the fourth quarter. The net loss was cut to $41.5 million, or 54 cents a share, from $49.5 million, or 65 cents, a year ago. For the full year, despite challenging conditions that beset the golf industry for much of 2014, including unfavorable weather and changes in foreign currency exchange rates, Callaway returned to profitability for the first time since 2008...(1/29/2015)

 

Dorel Industries Inc. stated that the surge in the value of the U.S. dollar versus the majority of the company's other operating currencies is expected to have a significant negative effect on earnings through 2015...(1/29/2015)

 

DSW Inc. promoted Carrie McDermott, currently executive vice president, sales and operations, to executive vice president and chief operating officer as part of the promotion of several key executives...(1/29/2015)

 

HanesBrands, the parent of Hanes, Champion and Gear for Sports, reported adjusted earnings per share jumped 49 percent in the fourth quarter on an 18 percent revenue gain. The gains reflected the acquisition of DBApparel and increases in its activewear segment...(1/29/2015)

 

Lion Capital is in advanced discussion to sell its 85 percent stake in the specialty outdoor retail chain A. S. Adventure to another European private equity investor, according to reports by European media...(1/29/2015)

 

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