Month: April 2004

Wolverine World Wide is tapping into the FX rate upside of the European market in its Merrell business while it repositions Sebago and Hush Puppy for accelerated growth. WWW saw revenues for the first quarter increase 17.4% to $224.9 million from $191.5

K2 Inc. sees flat markets in all of its product categories with the exception of paintball, forcing the company to fight a market share battle for most of its acquired brands while squeezing out incremental profits through its own manufacturing capabiliti

Oakley saw its third straight quarter of earnings growth and is looking at improved sell-through trends of new sunglass styles and lower inventories at Sunglass Hut as the basis for an upward revision of its sales and earnings guidance for the year…

Don Ruttenberg, former EVP of Just for Feet and son of the retailer’s founder, entered his guilty plea Thursday on charges of conspiracy to commit securities fraud, wire fraud, and submitting and making false statements to the retailer’s auditors. Seven

Shares of Reebok International stock fell 9.1% for the week to close at $38.40 on Friday after the company pointed to a tough International business, bankruptcies at Footstar and a large Italian retailer, slower basketball and walking sales, and a branded

Analysts appeared to have a different take on Timberland’s first quarter results and future outlook, but those looking at the company in a more positive light gave the company a boost on the street as TBL shares hit a three-year high for the week, closing

The U.S. Bankruptcy court last week weighed arguments from Footstar, Inc. and the lawyers representing the Unsecured Creditor’s Committee regarding competing bids for the assets of the company’s remaining Footaction stores. Footstar was urging the Court

PUMA AG rode the market even higher last week, with company shares more than doubling in the past year. Shares peaked last week at €212.70 before closing at €210.90, up 6.8% for the week and up more than 46% since the first of the year. The company’s m

Golf Galaxy, the interactive golf superstore has launched its e-commerce web site at www.golfgalaxy.com. The interactive online store provides Golf Galaxy customers access to the same superstore selection and prici

Pacific Sunwear of California, Inc. has hired C. Joseph Harris to the position of Vice President of Sourcing and Production. Mr. Harris will be responsible for the sourcing and production of all private label merchandise for PacSun and d.e.m.o., which acc