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HotPix 2010

MR's Annual look at interesting companies that might be under your radar, as published in the April 2010 issue. Click here to browse.

 

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Standard & Poor's raises Perry Ellis outlook

Standard & Poor's has revised its outlook on Perry Ellis International to “stable”.

The ratings agency also reaffirmed the company's “B+” corporate credit rating and also raised the issue-level rating...



Under Armour in it for the long haul

Apparel company Under Armour isn’t allowing an excellent set of second quarter results to distract it from realising its long-term goals and ambitions.

The 150% increase in second quarter profit, on top of a 24% revenue...



The Wet Seal CEO to step down

Edmond S Thomas the CEO and president of The Wet Seal is to step down from the company in October at the end of his current contract.

The company said it in the event it has not identified a suitable successor by that date,...



Under Armour Q2 profit soars on revenue surge

Fast-growing sportswear company Under Armour could break the US$1bn barrier in full-year revenues after its second quarter profit soared by 150% to $3.5m.

Net revenues surged 24% to $204.8m in the three months to 30 June, led by...



Jockey signs quarterback Tebow

 

Apparel company Jockey International has signed pro football quarterback Tim Tebow as a spokesperson for the company with immediate effect.

The first round NFL draft pick, who was the first sophomore to win the Heisman...



Rocky Brands returns to profit in Q2

Footwear and apparel company Rocky Brands moved into the black with a US$0.5m net profit in the second quarter, driven by a 7.9% sales increase.

The company said retail sales had fallen slightly, but added that this was the...



Organic growth drives Iconix Q2 profit

 

Iconix Brand Group posted a 27% increase in second quarter profit to US$24.5m, driven by strong organic growth and a 35% rise in revenues.

The US company’s first half revenues rose 38% to $147.7m, while net income...



Growth in the US plus-size market

To have plus-size clothing lines to sell, you need plus-size consumers, so it is maybe not a surprise that the American market for these garments is of critical importance.The National Center for Health Statistics in the US...



CIT Group Reports Q2 Profit

By: Harry Sheff


NEW YORK—CIT Group, a major lender and factor for the apparel industry, reported earnings of $142.1 million for the second quarter.

Last year at this time, the apparel industry was bracing for the lender's apparent...



Iconix Reports Q2 Earnings up 18%

By: Harry Sheff


NEW YORK—Iconix Brand Group reported second quarter earnings of nearly $50 million, up 18 percent from the previous year’s second quarter. Revenue was up 35 percent to $76.0 million.

“As we deliver a record second quarter for...