Sears, Roebuck and Co. has announced that one of the top merchants in the retail industry, Luis Padilla, will join Sears as president of merchandising, a newly created position. In his new role with Sears, Padilla will lead and integrate all merchandising
Author: James Hartford
ICON Shuffles Executive Deck as Founders Take Leave
ICON Health & Fitness, Inc. has made a number of appointments in the executive suite due to the leave of absence taken by Scott Watterson and Gary Stevenson. David J. Watterson, a 23-year ICON veteran, was recently elected chairman and COO, and Fred Beck,
Delta Fiscal Q4 Sales Nearly Double on Soffe Assist; Net Jumps 232%
Delta Apparel, Inc. reported that sales for the fiscal fourth quarter ended July 3, 2004 increased 98.2% to $72.9 million from $36.8 million, due primarily to the acquisition of M.J. Soffe Co. The Soffe business contributed $32.2 million in sales in Q4 a
Genesco Swings to Q2 Profit; Raise Full Year Guidance
Genesco Inc. reported net earnings of $4.8 million, or 21 cents per diluted share, for the second quarter ended July 31, 2004, compared to a net loss of $891,000, or 4 cents per diluted share, for the second quarter last year. Net sales for Q2 increased
Hibbett Q2 Net Down 6.4% on Higher Markdowns
Hibbett Sporting Goods reported that net sales for second quarter ended July 31, 2004 increased 14.1% to $81.8 million compared with $71.7 million for the year-ago period. Comparable store sales increased 2.5% in the quarter. Net income declined 6.4% to
Warnaco Completes Ocean Pacific Acquisition
The Warnaco Group, Inc. has completed its previously announced acquisition of Ocean Pacific Apparel Corp. for $40 million in cash and the assumption of $1 million in debt…
Gander Mountain Q2 Pro Forma Net Loss Inches Up; Comps Up 1.8%
Gander Mountain reported total sales for the second quarter of fiscal 2004 increased 35% to $128.1 million from $94.8 million in the year-ago period. Comparable store sales increased 1.8% on top of a 15.5% increase in the second quarter of fiscal 2003. T
Columbia Signs Distribution Deal s for South Africa, Philippines
Columbia Sportswear Company has inked distribution agreements with South Africa-based Foschini Retail Group and Philippines-based Kenrich International Distributor Corporation (KIDC). These new relationships further Columbia's strategy to distribute
GSI Commerce to Sell Sporting Goods through Sears.com
GSI Commerce Inc. has entered into a definitive agreement with the Customer Direct business of Sears, Roebuck and Co. to supplement and enhance the variety of sporting goods products sold through the retailer's Web site. sears.com will supplement it
Implus Adds European Sales Director
Responding to its rapidly growing international business, Implus is adding David Wallace to its international team as Director of European Sales. David joins Implus with extensive experience in both the footwear and apparel categories with Adidas, New Ba
Nike Children’s Shoes In CPSC Recall
The U.S. Consumer Product Safety Commission, in cooperation with Nike Inc., issued a voluntary recall of about 9,000 children's athletic shoes. The Nike Get-Go and Little Get-Go children's athletic shoes, which were on the retail floor for Back
Dick’s Moving Fast on Galyans Integration; Raises Guidance
Dick's Sporting Goods does not appear to be as affected by the licensed apparel or fitness equipment issues that have caused other sporting goods retailers to reduce their expectations for the second quarter. That fact, coupled with the retailer’s i
Dick’s Posts Solid Q2; Raises Guidance
Dick's Sporting Goods, Inc. reported that net income for the second quarter ended July 31, 2004 increased 16% to $17.9 million, or 34 cents per diluted share, compared to net income of $15.5 million, or 31 cents per diluted share, in the year-ago per
NRF: College Students Advance to a New Level of Spending
The second annual NRF 2004 Back-to-College Consumer Intentions and Actions Survey, conducted by BIGresearch for NRF, found that the average college student will spend $605.69 of their own money on back-to-college merchandise this year. Before returning to
lucy Opening Portland, Oregon Store
lucy will open its first Portland-area store in northwest Portland's historic building, The Henry, in mid-October. The Portland-based retailer debuted online as lucy.com in November 1999. After closing the website in 2001, the company – whose headqua
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