K-Swiss Inc posted a narrower-than-expected quarterly loss on improved margins, but the athletic-shoe maker forecast a 5 percent to 10 percent drop in 2010 revenue, hurt in part by the closure of a manufacturing facility in Thailand
U.S. shoe and clothing maker Kenneth Cole Productions Inc swung to a first-quarter profit, helped by better gross margins, same-store sales and growth in e-commerce, and forecast better-than-expected second-quarter results.
Athletic gear giant Nike Inc expects its revenue to rise more than 40 percent to $27 billion by 2015, helped by demand for its namesake athletic merchandise and fast-growing brands like Converse, the company said.
Cabela's Inc posted a first-quarter profit that breezed past Wall Street expectations, as revenue from its financial services segment surged, and the company said its 2010 earnings could meet or exceed current expectations.
French retail and luxury group PPR returned to growth for the first time after five straight quarters of decline, with a 1.3 percent rise in first-quarter comparable sales, driven by a strong rebound at Gucci Group.