Shoe seller RCG Corporation expects to deliver earnings per share growth for the year despite what it describes as the worst trading conditions in 30 years. RCG operates The Athlete’s Foot and Shoe Superstore Group, and its subsidiary RCG Brands distributes the Merrell Cushe, Chaco and CAT footwear and clothing brands in Australia. The company expectsmore…

A COMBINATION of increased sales and rising traffic through its online business has seen RCG Corporation, the owners of The Athlete’s Foot and Shoe Superstore brands, lift its full-year net profits by 30 per cent to $8.9 million. Earnings growth, though, didn’t quite keep with a 39 per cent increase in revenue – up nearlymore…

IVAN Hammerschlag is bullish on RCG Corporation, which operates The Athlete’s Foot shoe superstores and wholesale shoe brands such as Merrell. RCG has just produced interim tax-paid earnings of $3.9 million on $99 million of its own and franchised sales, up 35 per cent and 19 per cent respectively. Hammerschlag forecasts full-year earnings of $8.4 millionmore…

Clothing retailer RCG Corporation Ltd has reaffirmed its net profit guidance to rise by around a quarter in 2010/11. “We reaffirm our earlier FY2011 profit guidance of net profit after tax (NPAT) of $8.4 million – $8.8 million,” the company said at its annual general meeting in Sydney on Tuesday. “This range represents an increase over (2009/10)more…

RCG Ltd has posted a 30.6 per cent rise in annual net profit and the clothing retailer says it expects further expansion in the current year. RCG, which has the Athlete’s Foot and Shoe Superstore among its portfolio, posted a net profit of $6.9 million for the year ending June 27, 2011, from $5.3 millionmore…

That Athlete’s Foot continues to roll out its larger store model to its 142 franchises and will have converted or opened at least 30 stores by Christmas. Read the rest here.

RCG Corporation Ltd says its Athlete’s Foot sports shoe retail chain posted 10 per cent like-for-like sales growth for the four months to October as the company rolls out larger stores. Sales at its large format stores grew 30 per cent in the four months to October compared with the corresponding period the year before, RCG saidmore…

RCG Corporation has signed new long-term licence agreements for its The Athlete’s Foot business in Australia and New Zealand under which it will pay no ongoing licence fees to the US licensor. It comes as the retail company also updated the market on its recent trading performance, with The Athlete’s Foot performing ”exceptionally well” despite challenging market conditionsmore…

RETAIL SALES growth was solid in January, the strongest being recorded in food retail. Results for supermarkets, takeaways, restaurants and cafes were all stronger. Retail analysts at the broking firm Citi say households face several challenges due to rising unemployment and falling asset prices. But the Reserve Bank and the Federal Government are cushioning the average household, and familiesmore…

Bitter fruit abounds but these five companies look tasty, writes Trevor Hoey  THE economy is slowing and consumer confidence is waning but that doesn’t mean everything in the retail sector is bad news. There are still companies whose share prices, taking into account financial fundamentals, industry exposure and market position, appear to have reached a point wheremore…

RCG Corp Ltd, formerly Retail Cube Ltd, will sell its King of Knives retail chain business for about $4.5 million. The business is being sold to a consortium linked to the Baskin family, who were majority shareholders of King of Knives prior to it being acquired by Retail Cube in July 2004. “The King of Knives businessmore…