Federated Department Stores, Inc. said it is exploring the possible acquisition of the Marshall Field's department store group from Target Corporation. Target announced last month that it intended to review alternatives for the 62-store division, inc
Author: James Hartford
SGMA Releases Annual Sports Participation Topline Report
Fitness is ‘king’ once again – as twelve of the top 30 sports/activity categories are fitness related. That’s the conclusion of SGMA International’s analysis of the 2004 edition of the annual Deckers Outdoor Corporation reported that net sales for the first quarter increased 22.6% to $44.3 million versus $36.1 million in the same period last year. Net earnings for the quarter increased 28.1% to a record $5.4 million, or 49 cents per diluted sh Unifi, Inc. has ceased joint venture discussions with the Guangdong Kaiping Polyester Enterprises Group and Guangdong Kaiping Chunhui Co. Ltd. in Kaiping, Guangdong, P.R. China. The Company announced in December 2003 that it had extended discussions relat Columbia Sportswear Company joined forces with local authorities in three simultaneous raids last week of Malaysian Factory Outlet Stores selling counterfeit Columbia Sportswear apparel. The recent raids resulted in the seizure of more than 1,400 pieces Winmark Corporation, the parent company of Play it Again Sports, reported that net income for the quarter ended March 27, 2004 of $1.36 million, or 21 cents per diluted share, compared to net income of $1.12 million, or 18 cents per diluted share, in the Pacific Sunwear of California Inc. has hired Thomas Kennedy to be division president of its PacSun unit, effective May 10, 2004. Kennedy will be responsible for all merchandising, design and marketing of the PacSun division. Most recently, Kennedy worked Four unions representing over three million workers in the U.S. and Canada have called on the United Nations to review Nike's affiliation with the UN Global Compact because, the unions contend, Nike systematically violates workers' rights. The ICON Health & Fitness reported that net sales for the third quarter of fiscal 2004 decreased 4.7%, to $328.0 million from $344.0 million in the comparable period in 2003. Net income declined 10.3% to $18.2 million for the quarter, compared to net income Columbia Sportswear Company has signed a license agreement with C.O. Lynch Enterprises for the design, manufacture and marketing of a new line of hunting and fishing waders, as well as ankle-fit rubber boots. The collection will debut in select specialty SportsOneSource, LLC, a centralized sports industry resource for Consulting Services and Business Solutions, has announced a marketing partnership with MARC Global, a leader in Supply Chain Execution solutions for sophisticated environments. The strategi Funding for quality, daily physical education is too important an issue to leave to letter-writing campaigns or Foot Locker, Inc. has signed a definitive agreement with Footstar, Inc. to purchase approximately 350 of its Footaction athletic footwear and apparel stores for $160 million in cash. The proposed agreement is subject to certain closing adjustments. The a Head N.V. reported that net revenues for the three months ended 31 March 2004 increased by 28.3% to $94.4 million compared to $76.6 million in the year-ago quarter. The company's net loss increased 46% to $14.4 million from a net loss of $9.9 millio 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 millionDeckers Q1 Net Earnings Up 28%; UGG Sales Up 226%
Unifi Ceases JV Talks; Will Create Subsidiary
Columbia Takes Counterfeit Fight to Malaysia
Play it Again Parent Q1 Net Income Up 21.2%
Pacific Sunwear Taps Nike’s Kennedy to Run PacSun
Unions Ask UN to Review Nike Compact Affiliation
ICON Fiscal Q3 Net Income Declines 10.3% on CV Equipment Sales Decrease
Columbia in License Deal for Waders and Boots
SportsOneSource Partners with MARC Global Supply Chain Solution
P.E.4LIFE Takes on Capital Hill at May Summit
meetings with Representatives back home. To emphasize the importance of daily physical education, P.E.4LIFE, the physical education advocacy gFoot Locker to Acquire Footaction Stores
Head NV Q1 Net Loss Expands 46% on Charges; Sales Up 28%
Escalade Sports Sees Q1 Sales Jump 40%