01 Nov Steve Madden’s Q3 Profits Jump 16 Percent
Steve Madden reported sales increased 10.6 percent to $394.8 million compared to $356.9 million in the same period of 2012. Retail comparable store sales decreased 3.5 percent....
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01 Nov Allen Edmonds as part of Men’s Wearhouse?
Allen Edmonds Shoe Corp. Chief Executive Paul Grangaard confirmed last week that the company, which is owned by the Minneapolis private equity firm Goldner Hawn Johnson Morrison, is listening to inquiries from potential buyers. The Wall Street Journal reported that Men's Wearhouse Inc. is interested...
31 Oct Kenneth Cole Productions Selects Gerber Technology’s YuniquePLM to Manage Its Footwear and Apparel Lines
"In order to manage an operation of this size and diversity, it's important to have everyone on the same page," says Arthur Bargonetti, senior vice president of Operations, Kenneth Cole. "With YuniquePLM, we can avoid the holdbacks of small errors that snowball into larger ones...
30 Oct Target to open 33 more stores next month in Canada
Target announced Monday that it will open 33 more stores in Canada next month, bringing the total number of Canadian stores opened this year to 124....
30 Oct Retail sales weak in advance of holiday season
Retail sales last month amounted to $425.9 billion, down 0.1 percent from August, the U.S. Census Bureau said Tuesday. But when stripped of the effects of motor vehicle and parts sales, which tanked 2.2 percent, the gauge was up 0.4 percent....
30 Oct Amazon Now Collecting Sales Tax in Conn. and Mass.
Last week, Amazon announced three new distribution centers, two in Maryland and one in Florida, that will establish a physical presence for the company in those states. The company began collecting Virginia sales tax in September. And also on Friday, the company will start collecting...
28 Oct Fashion Trendy Ugg boots prove they have staying power
The boots of Ugg Australia — in their cozy, comfortable glory — are still winning fans after 35 years, having celebrated their anniversary this month at all company-owned stores....
28 Oct Dr Martens axes 1,000 jobs
Footwear firm Dr Martens is closing its British factories and moving production to China, with the loss of more than 1,000 jobs....
25 Oct Price-matching, online deals among Target’s plans to lure holiday shoppers
Target has yet to announce its opening time on Thanksgiving; last year, its stores opened at 9 p.m. Part of Target's value strategy will occur online. From Nov. 1 to Dec. 21, with the exception of Black Friday to Cyber Monday, Target will match...
25 Oct Under Armour profit up 27 percent in third quarter
Last Thursday, the Baltimore-based athletic apparel and footwear brand reported income of $73 million for the three months ended Sept. 30, up from $57 million a year earlier. Earnings per share rose from 54 cents a year ago to 68 cents, topping Wall Street analysts'...
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