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Navajo Nation Files Trademark Suit Against Urban Outfitters
March 1, 2012

The Navajo Nation has filed a federal lawsuit against Urban Outfitters alleging that the retailer committed trademark infringement by marketing and selling products that use the American Indian tribe's marks and names without a licensing or vendor agreement.

Golfsmith Announces Fourth Quarter and Fiscal Year 2011 Preliminary Earnings Results
March 1, 2012

(GLOBE NEWSWIRE) -- Golfsmith International Holdings, Inc., today announced preliminary financial results for the fourth quarter and fiscal year 2011. Fourth Quarter Highlights: Martin Hanaka, Chairman and Chief Executive Officer of Golfsmith, commented, "While we had a challenging start to our fourth quarter we were pleased to see sales trends improve in November and December. We also achieved a 450 basis-point increase in gross margin to 36.8% in the fourth quarter which was primarily driven by a favorable sales mix shift to higher margin categories." Mr. Hanaka continued, "We have successfully executed on a number of key strategic initiatives

Liz Claiborne swings to Q4 profit on sale of brands, but revenue down
March 1, 2012

New York City -- Liz Claiborne Inc. swung to a fourth-quarter profit, buoyed by gains from sales of certain brands and trademarks, including the sale of its namesake brand to J.C. Penney. But the company's total revenue came in well below expectations, hurt by the faltering performance of its Juicy Couture division. Liz Claiborne, which is being renamed Fifth & Pacific Cos. as it focuses on its Juicy Couture, Kate Spade and Lucky Brand brands, earned $229.2 million in the quarter ended Dec. 31, compared with a loss of $30.1 million in the same period last year. Revenue decreased

Cato Reports February Same-Store Sales Down 5%
March 1, 2012

/PRNewswire/ -- The Cato Corporation (NYSE: CATO) today reported sales for the four weeks ended February 25, 2012 of $83.9 million, a 3% decrease from sales of $86.2 million for the four week period ended February 26, 2011. Same-store sales for the month...

Home Depot Extends Deal With Martha Stewart
March 1, 2012

The Home Depot and Martha Stewart Living Omnimedia have extended their agreement to offer Martha Stewart Living-branded products at Home Depot stores through 2016. The Home Depot offers a wide variety of paint, outdoor furniture, kitchen and bath cabinetry, and carpeting under the Martha Stewart brand currently.

Fulfillment by Amazon Launches Global Fulfillment for All Marketplaces
March 1, 2012

Amazon will now allow online media sellers to use its fulfillment service to reach a global audience for their off-Amazon transactions. Amazon expanded its multichannel fulfillment service, which allows sellers to fulfill orders from sales channels other than Amazon.com using the seller's own inventory that's stored in Amazon fulfillment centers and for which they pay Amazon fulfillment fees.

Net-a-Porter Announces Expansion, Buys Shouke.com
March 1, 2012

Luxury fashion retailer Net-a-Porter has acquired the Hong Kong-based designer fashion website Shouke.com, a move which will enable the British online retailer to enter the lucrative Chinese market. 

PetSmart Q4 profit surges 13%
March 1, 2012

Phoenix -- PetSmart Inc. reported Thursday that profit for the fourth quarter rose 13% to $102 million, compared with $90.3 million in the year-ago period. Revenue during the quarter was $1.64 billion, up from $1.52 billion a year earlier and beating Wall Streetโ€™s expected $1.62 billion in revenue. Same-store sales rose 5.5%. For the full year of 2011, the company reported net income of $290.2 million, up from $239.9 million in 2010. Revenue for the year was $6.11 billion, up from $5.69 billion the year before.