Kmart Holding Corporation has announced that Paul Guyardo has joined the Company as Senior Vice President, Chief Marketing Officer, reporting to Julian C. Day, President and Chief Executive Officer. He will be responsible for Marketing, Advertising, Promo
Author: James Hartford
Big Dog Closes Acquisition of The Walking Company
Big Dog Holdings, Inc. has completed the acquisition of The Walking Company effective March 3 for cash, debt and equity securities totaling approximately $19 million. The Walking Company will be operated as a subsidiary of Big Dog Holdings, Inc…
Collegiate Pacific Launches New West Coast Business Unit
Collegiate Pacific has launched a new business unit from within its newly acquired west coast subsidiary – Tomark Sports. The new unit will focus exclusively on new school and park construction projects in the state of California. California represents mo
Kellwood Fiscal Q4 Earnings Up 58% on Flat Sales
Kellwood Company reported sales from continuing operations for the fourth quarter ended January 31 were flat with prior year at $521 million. Fourth quarter net earnings from continuing operations were up 33% to $12.8 million, or 46 cents per diluted sha
Footstar to Close All JFF Stores and 77 Footaction Units
In an effort to strengthen and refocus its athletic footwear business, Footstar, Inc. on Friday announced it intends to close in the near term approximately 165 underperforming stores, including all of its 88 Just For Feet stores and 77 of its 429 Footact
Leto Resigns Apparel GMM Role at Kohl’s
Kohl's Corporation has announced the resignation of Rick Leto, executive vice president/general merchandise manager of Apparel and Accessories. On an interim basis, the Apparel and Accessories and Product Development functions will report directly t
Footaction/Just for Feet Store Closing List
A full list of Just for Feet and Footaction stores to be closed…
Finish Line Fiscal Q4 Comps Jump 19%
The Finish Line, Inc. reported net sales of $305.3 million for the fiscal fourth quarter ended February 28, 2004, an increase of 30% over net sales of $234.4 million for Q4 last year. Comparable store net sales for Q4 increased 19% on top of a 10% increas
Swartz Family Sells 3.3 mm TBL Shares
The Timberland Company announced that members of the Swartz family and The Swartz Foundation have entered into an agreement to sell 3,261,221 shares of Timberland Class A Common Stock in an underwritten offering through Morgan Stanley…
Ashworth Fiscal Q1 Net Income Up on 2.6% Sales Gain
Ashworth, Inc. reported that consolidated net revenue for the first quarter ended January 31, 2003 increased 2.6% to $27.3 million as compared to $26.6 million for the first quarter of 2003. Consolidated first quarter net income increased to $134,000, or
K-Swiss Signs New Japanese Distributor
K-Swiss Inc. has replaced its existing distributor in Japan and signed a three-year distribution and trademark license agreement with MoonStar Chemical Corporation, a 130-year-old footwear distributor based in Kurume, Japan. The agreement expires in June
Footstar File for Voluntary Chapter 11 Bankruptcy Protection
Footstar, Inc. has announced that it and substantially all of its subsidiaries filed voluntary petitions on March 2, 2004 with the U.S. Bankruptcy Court for the Southern District of New York in White Plains for reorganization under Chapter 11 of the U.S.
Dick’s SG Announces Finance Promotions
Dick's Sporting Goods, Inc. has announced that Jeffrey R. Hennion has been named to the position of Senior Vice President – Strategic Planning. In this newly created role, Mr. Hennion will be responsible for leading DKS' Strategic Planning and
Deckers Files to Sell Shares
Deckers Outdoor Corporation has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 3,500,000 shares of common stock consisting of 1,500,000 primary shares offered by the Company and 2,000,000 share
Genesco Q4 Net Up 21%; Journeys Comps Flat
Genesco Inc. reported net earnings for the fiscal 2004 fourth quarter were $16.9 million, or 77 cents per diluted share, compared with $14.0 million, or 55 cents per diluted share, in the year-ago period. Net sales for Q4 were $253 million compared to $25