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  Aug 29, 2014
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Today's Top Story:

DSW Lifts 2014 Guidance After Above-Plan Q2

DSW reported second-quarter earnings on an adjusted basis slid 24.7 percent but came in ahead of Wall Street's consensus estimate by 5 cents a share. Comps rose 0.8 percent and the footwear chain was "encouraged by the sequential improvement in sales trends as the quarter progressed." DSW raised its guidance for the year... Click for Full Story >>>

More Sporting Goods Industry Trade News:

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Allied Feather & Down, supplier and processor of down to the outdoor and home markets, has completed the audit and certification process of the Textile Exchange Responsible Down Standard (RDS) for it’s processing plant in Montebello, California...(8/29/2014)

 

L.L. Bean provided a level of customer service across all channels in July that was among the best in the U.S. For the third month in 2014, L.L. Bean has topped the overall customer service rankings in Stella Benchmarks...(8/29/2014)

 

L.L. Bean plans to close its call center in Bangor, ME in 2016. The reason given was a steep decline in the number of telephone orders and a rise in the number of online orders...(8/29/2014)

 

Scheels All Sports has pledged a million dollars to Minnesota State University-Moorhead in exchange for the naming rights of its football field. The pledge comes as part of a fundraising challenge tied to the inauguration of MSUM Pres. Anne Blackhurst...(8/29/2014)

 

The National Retail Federation (NRF) has hired Mary Heitman as VP of retail programs...(8/29/2014)

 

Billabong International Limited lost $233.7 million in the fiscal year ended June 30 compared with a loss of $859.5 million in fiscal 2013, but has resumed growing in the United States for the first time in years, the company reported...(8/28/2014)

 

A class action complaint on behalf of current and former soccer players has been filed against the FIFA, the sport's international governing body, along with other U.S.-based soccer associations, for the alleged failure to adopt effective policies to evaluate and manage concussions...(8/28/2014)

 

Citing weakness at its Lids Sports Group, Genesco Inc. reported earnings on an adjusted basis fell 39.4 percent in the second quarter. It also sharply reduced its EPS guidance for the year due to continued erosion at Lids for the balance of the year. Comps in the second quarter increased 2 percent with a 5 percent increase in the Journeys Group offsetting a 2 percent decrease in the Lids Sports Group...(8/28/2014)

 

The Running Specialty Group (RSG), which is owned by The Finish Line, Inc., has appointed Bob Wallace as senior adviser, strategic Initiatives. Wallace will focus on strategic planning, operational excellence and being an ambassador to the running community...(8/28/2014)

 

SylvanSport has arranged a variety of mountain and road biking rides, hikes, rock climbing and fly fishing excursions for those arriving early or staying late for Outdoor Industry Association’s (OIA) Rendezvous 2014...(8/28/2014)

 

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