Author: James Hartford

Huffy Issues Warning on Fourth Quarter Sales and Earnings

December 1, 2003 SGB Update

Huffy Corporation announced Monday that fourth quarter sales and earnings are below plan. Currently, sales in November are lagging sales for the same period last
year, orders for the balance of the quarter are running below anticipated levels and it is t

Claiborne Completes Enyce Acquisition

December 1, 2003 SGB Update

Liz Claiborne Inc. announced today that it has completed the purchase of all of the equity interest in ENYCE HOLDING LLC for a purchase price of approximately $114 million, including the retirement of debt at closing…

JC Penney Completes Mexico Divesture

December 1, 2003 SGB Update

J. C. Penney Corporation, Inc. and its subsidiary, J. C. Penney Mexico, Inc., announced Monday that it has successfully completed the sale of its six Mexico department stores to Grupo Sanborns S.A. de C.V. of Mexico City. The sale transaction, which was a

NRF: Holiday Shopping Season Starts Strong

December 1, 2003 SGB Update

The ceremonial kickoff to the holiday season started with a bang, according to the findings of a new National Retail Federation (NRF) survey. The third installment of the NRF 2003 Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch fo

Forzani Group Q3 Earnings Fall 25% as Comps Dip

November 28, 2003 SGB Executive

The Forzani Group Ltd. reported retail system sales for the third quarter ended November 2, 2003 grew by 6.0% to C$260.6 million from C$245.9 million a year ago. Combined revenues, consisting of retail sales from corporate stores and wholesale sales to fr

Next, Inc. Bank Won’t Call Note Despite Default Status

November 28, 2003 SGB Executive

Next, Inc. announced that, as a result of the previously disclosed complaint against its former CEO, the Company is in default under its credit facility with LaSalle Business Credit, LLC. The Company is not in default regarding any financial covenant of t

K2 to Acquire Fotoball in $17 Million Stock Deal

November 26, 2003 SGB Executive

K2 Inc. will purchase Fotoball USA in an all stock transaction with each outstanding share of Fotoball USA exchanged for 0.2757 shares of K2 common stock. Based on the average closing price of K2 shares of $15.85 for the 20 trading days ending November 25

Five Ten Expands McDaniel Sales Territory

November 26, 2003 SGB Executive

Five Ten Footwear is pleased to announce that their long time rep, Robert McDaniel, will be expanding his territory to include Missouri and Kansas. Robert has been representing the 5.10 line since 1998 in the south-central
U.S. territory which includes

LOWA Boots Opens New Stamford Offices

November 26, 2003 SGB Executive

LOWA boots officially opens their new doors on Monday, December 1, just in time for the holiday rush. Over Thanksgiving week-end, the LOWA staff will complete the move from their warehouse facility in Burlington, Vermont and corporate offices in downtown

Dan Cooke Steps Down as Chairman/CEO of Next, Inc.

November 25, 2003 SGB Update

Next, Inc. announced that Dan F. Cooke has decided to take a leave of absence from his position as Chairman and Chief Executive Officer for personal reasons. Mr. Cooke also has stepped down from the Board of Directors…

SIA.04 SnowSports Show Aligns with Buying Groups

November 25, 2003 SGB Executive

SnowSports Industries America (SIA), announces key partnerships with leading snow sports buying groups Sports, Inc., Ski Merchandising Corporation (SMC) and Sports Specialists Limited (SSL), marking the third year that SMC and SSL have hosted the Winter S

Gates and Gore Confirm New Partnership Deal

November 25, 2003 SGB Update

As first reported in The B.O.S.S. Report, GATES Gloves and Gear has announced their renewed partnership with W.L. Gore & Associates. GATES has recently been licensed to manufacture gloves featuring the GORE-TEX® and WINDSTOPPER® fabrics…

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