Timberland Co., which makes apparel and footwear, said Monday its board of directors authorized the repurchase of another 6 million shares of common stock.
The company said the authorization adds to the company’s current 6 million-share authorization. Timberland said about 1 million shares remained on that authorization at the end of 2007.
As of Feb. 22, Timberland […]
Nike is expanding its sportswear training business and upping the pressure on competitor Under Armour.
The Beaverton, Ore.-based company said Monday it is launching a line of footwear, apparel and equipment focused on young athletes, including a partnership with a specialty company called Sparq Training.
“I think over the last couple of years, there is a real […]
In an economy in which many businesses are struggling, it’s good news to learn of the expansion of an existing retail store.
Lee and Mike McLaughlin opened Lee Tracy on the boardwalk on Pensacola Beach about two years ago. Now the couple are adding another location, also on the boardwalk.
“The idea of an expansion has […]
Athletic footwear and apparel retailer Foot Locker Inc. on Monday forecast 2008 profit below analysts’ estimates.
The company said it expects profit between 65 cents and 85 cents per share in 2008.
Analysts polled by Thomson Financial predict earnings of $1.01 cents per share.
The company said the economic climate for footwear retailers in the U.S. will likely […]
Dussault Apparel, Inc. announced today that it has signed a non-binding Letter of Intent to acquire Vancouver’s legendary Dayton Boots Enterprises, Inc., www.daytonboots.com. Dayton began business in 1946 and is one of Canada’s best known and best loved quality footwear and boot brands. Its products are sold primarily through retailers across Canada and recently began […]
Gerber Technology, the world leading supplier of automated CAD/CAM and PLM solutions for the apparel and flexible materials industry, is celebrating its 40th year in the apparel industry. The company was founded as Gerber Garment Technology in 1968, and today is known as Gerber Technology. The company boasts an impressive history of innovation and a […]
Shares of apparel retailers slumped on Monday, as analysts predicted dismal January same-store sales and the broader market declined on concern about the economy.
Most major retailers report January sales in stores open at least one year, a key retail metric known as same-store sales, on Thursday.
“The clearance month of January did little to revive a […]
Bangladesh’s textile industry will be badly hit by major garment importers refusing to buy products made with cotton from Uzbekistan, business leaders said on Monday.
From July, several European and U.S. firms will not buy Bangladeshi garments if they are made with cotton from Uzbekistan, due to allegations of child labour in the industry.
Bangladesh procures 65 […]
Research and Markets (http://www.researchandmarkets.com/reports/c81691) has announced the addition of World Textile and Apparel Trade and Production Trends - Edition 2, 2007 to their offering.
US clothing demand continued to grow in the first nine months of 2007. Sales through clothing, accessory stores, warehouse clubs and superstores were especially buoyant. But US producers suffered badly. Textile output […]
The new year brings more innovation, more product and more resources for retailers shopping the Atlanta Apparel market, January 26-29, 2008. Retailers will discover 13 floors of unparalleled product throughout 15 categories: AmericasMart PREMIERE, AmericasMart a1pha, NY/LA Co-Ops, Ready-to-Wear, Young Contemporary, Shoes/Accessories, Fashion Jewelry, AmericasMart’s Children’s WorldSM, Tweens, Classic Men’s, Pageant, Quinceañera, Social Occasion and […]
With its stock price near the lowest level in nine years, Jones Apparel Group Inc. of Bristol said yesterday that it planned to repurchase $400 million of its stock.
The company, which markets Jones New York, Anne Klein and Gloria Vanderbilt clothing and Nine West shoes, will buy back the stock using cash proceeds from the […]
Apparel retailer Talbots Inc. said Monday it will begin a search for a new advertising agency to take over its Talbots brand account.
Talbots said Boston-based Arnold Worldwide has been its agency of record since 1997, but the company said after ten years, “this is the appropriate time to conduct an agency review.”
Arnold Worldwide will be […]