Media sources are reporting that Mossimo Inc. laid off four of its clothing design staff Thursday, according reports from the company's Canadian retail partner. The affected staff is reportedly is comprised of “most of the team in charge of designin
Author: James Hartford
Wilson Team Sports Acquires ATEC from Sport Supply Group
Wilson Sporting Goods Company, a wholly owned subsidiary of Amer Sports, has acquired Athletic Training Equipment Company, Inc. (ATEC), the world's leading manufacturer of pitching machines and training equipment, from Sport Supply Group Inc. Conside
Goody’s Swings to Q3 Profit on 4.7% Sales Gain
Goody's Family Clothing, Inc. reported net earnings of $1.7 million, or $0.05 per diluted share, for the 13 weeks ended November 1, 2003; compared with a net loss of $3.1 million, or ($0.10) per share, for the year-ago period. Total sales for Q3 inc
Brown Shoe Exceeds Q3 Earnings Expectations
Brown Shoe Company, Inc. reported net earnings of $21,200,000 for the third fiscal quarter ended November 1, 2003, versus $21,022,000 for the year-ago quarter, a
0.8 percent increase. Earnings per diluted share were $1.13 on 18.7 million shares, versus $
Herb Biddle Retires as NBS President
Herb Biddle, President and CEO of Nation’s Best Sports since 1993, announced his retirement, which became effective on October 31, 2003. The NBS Board of Directors wishes Herb well in his future endeavors. Jim Chandley, Senior Vice President of Merchand
Warnaco Announces Resignation of Sportswear Group President
The Warnaco Group, Inc. has announced that John Kourakos has resigned for personal reasons. Kourakos has served as President of Warnaco's Sportswear Group since January 2002. The Company has begun a search for his successor, and Kourakos will contin
Sport Haley Q1 Loss Widens a Bit as Sales Increase 14%
Sport-Haley, Inc. reported a loss of $161,000 for the fiscal quarter ended September 30, 2003, or ($0.07) per share, as compared with a loss of $173,000, or ($0.06) per share, in the first quarter of the previous fiscal year. Net sales increased approxim
Broder Bros Pro Forma Income Falls 56% on 11% Sales Decline
The new combined entity resulting from the merger of Broder Bros. and Alpha Shirt Holdings reported or pro forma net sales for the third quarter declined 10.8% to $211.6 million compared to $237.2 million in the 2002 quarter. Pro forma income from operat
Volkl Adds Stowell to Run Ski Apparel Group
Nora Stowell has joined Völkl to head up its newly created performance ski apparel division. Stowell, who will be based out of Völkl’s New Hampshire headquarters, returns to the ski business following a three year stint within the apparel division at New
Nike to Expand Presence Again at Foot Locker
Nike, Inc. on Wednesday announced it plans to execute joint marketing programs with Foot Locker, Inc. to develop innovative retail presentations of Nike performance products at select Foot Locker, Inc. locations in the U.S., beginning with the Fall 2004 s
Reda Sports Shuts Down with No Explanantion…
Reda Sports Inc. shuttered its doors on Friday with no explanation and is revealing little about the future of the sporting goods distributorship or its Kappa, Patrick, uhlsport, and Lanzera brands. In a conversation with a local newspaper, CEO Scott Red
Shoe Carnival Q3 Earnings Increase 11% on Similar Sales Increase
Shoe Carnival,Inc. announced net earnings in the third quarter of fiscal 2003 increased 11% to $5.5 million, or 42 cents per diluted share, compared with $4.96 million, or 38 cents per diluted share, in the year-ago quarter. As previously reported, net s
Dick’s Sporting Goods Q3 Net Income up 68% on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported net income for the third quarter ended November 1, 2003 increased 68% to
$4.7 million and EPS increased 29% to $0.18 per diluted share as compared to net income of $2.8 million and earnings per share of $0.14 per
Skecher Signs Swimwear Licensee
Skechers USA, Inc. announced that Christina America, Inc. has been named the licensee for Skechers-branded women's and junior swimwear in the United States and select international markets including Canada and the United Kingdom…
Vail Resorts Makes Senior Appointments
Vail Resorts, Inc. has announced two senior officer appointments, effective immediately. Jeffrey W. Jones, currently SVP/CFO of Vail Resorts Development Company, will become SVP/CFO of Vail Resorts, Inc. James P. Donohue, currently SVP/CFO of Vail Resor