The dominoes keep falling into place at adidas-Salomon after the fall appointment of Erich Stamminger as CEO of adidas America. Jim Stutts, the former Asia chief who had moved back to adidas as interim CEO for North America after Ross McMullin’s leave of
Month: April 2004
Footaction Auction Bids Due Today…
You have until noon today to get in your own bid for the assets of the Footaction chain after a the U.S. Bankruptcy Court judge gave his blessings to Footstar’s plan to liquidate the now 353 store chain. The field appears to be a bit narrower than many h
Reebok Adds Another League in Acquisition of The Hockey Company…
When Reebok International didn’t get a place at the table in last year’s action by MLB Properties to provide licensing rights to seven companies in long-term exclusive deals, there was a great deal of speculation that the world’s third largest athletic br
DuPont Cuts $200 Million off Invista Sale Price
DuPont announced that KED Fiber Ltd. and KED Fiber, LLC, subsidiaries of Koch Industries, have advised DuPont that they intend to accelerate the closing of the sale of INVISTA(TM) to April 30, 2004. DuPont and the Koch companies also have agreed to an am
Reda Joins TransWorld SKATEboarding
TransWorld SKATEboarding would like to welcome Giovanni Reda as the newest addition to the TWS staff. Giovanni comes on board as a field senior photographer. He's as well-known in the skate world for his innovative photos as he is for his East Coast
Escalade Sports Sees Q1 Sales Jump 40%
Escalade, Inc. reported that net sales the first quarter of 2004 ended March 20 increased 21% to $32.25 million and net income moved from a breakeven to a $598,000 profit or nine cents per share. Net sales of sporting goods increased 40% to $15.7 million
Amy Buckalter will leave Burton
Burton Snowboards is restructuring the sales management team within each of its five brands allowing each of the sales managers to report directly to their respective general managers. Amy Buckalter, VP of Global Sales, has assisted in designing the new s
The Conservation Alliance Announces Grant Recepients
The Conservation Alliance, a coalition of outdoor industry businesses working to fund conservation and recreation causes, today announced its first round of funding for 2004. Five grants, totaling $160,000, were awarded by the coalition to organizations
Walden Sponsors American Whitewater
Ayer, Massachusetts- Walden Kayaks manufacturers of classic recreational, sporting, and touring kayaks is pleased to announce their support of American Whitewater with a commitment of $10,000 over five years towards national river conservation efforts and
Shopko March Comps Climb 5.2%
ShopKo Stores reported consolidated sales for the five weeks ended April 3, 2004 increased 5.1 percent to $281.7 million from $268.1 million during the same period last year. Consolidated comparable store sales increased 5.2 percent…
May DS March Comps Rise 10.1%
The May Department Stores net sales were $1.18 billion for the five-week period ended April 3, 2004, an 11.5% increase from $1.06 billion in the similar period last year. Store-for-store sales increased 10.1%. March store-for-store sales increased 10.9%,
Comps Climb 11.2% for Gottschalks in March
Gottschalks announced that same store sales for the month of March 2004 increased 11.2% from the prior year. Total sales for the month increased 9.3% to $59.3 million from $54.3 million in March 2003. On a year-to-date basis, same store sales increased 7.
Goody’s March Comps Up 0.25%
Goody's Family Clothing reported total sales for the fiscal month of March 2004 of $125.7 million, an increase of 3.4% from total sales of $121.6 million for the fiscal month of March 2003 (the five weeks ended April 5, 2003). Comparable store sales
Nordstrom March Comps Jump 15.9%
Nordstrom, Inc. reported preliminary sales of $620.8 million for the five-week period ending April 3, 2004, an increase of 19.8 percent compared to sales of $518.2 million for the five-week period ending April 5, 2003. Same-store sales increased 15.9 perc
Stein Mart Comps Climb 18.4% in March
Stein Mart, Inc. announced net sales and comparable store sales for the fiscal period ended April 3, 2004. Comparable store sales performances were strong across all apparel
divisions during March, and sales trends were double-digit positive in every
regi
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