Reebok International Ltd. has announced plans for a multi-faceted alliance with the American Heart Association (AHA) to increase public awareness and raise funds to fight heart disease, the #1 cause of death in America. With the help of the AHA, Reebok w
Author: James Hartford
Saks Fifth Avenue Taps High Profile CEO
Retailer Saks Incorporated announced that Fred Wilson has been named President and Chief Executive Officer of Saks Fifth Avenue Enterprises. He will assume his duties at SFAE by January 1, 2004. Wilson, who is currently Chairman, President, and Chief Ex
Ross Stores Sees Q3 Net Income, Sales Grow 12%
Ross Stores, Inc. reported 2003 third quarter net earnings grew 12% to $50.5 million, or 65 cents per share, from $45.1 million, or 57 cents per share, in the year-ago period. Third quarter sales in 2003 grew 12% to $977 million from $870 million in Q3
Sake Inc. Q3 Earnings Jump on Extraordinary Charges
Saks Incorporated recorded net income of $12.4 million, or $.09 per share, for the third quarter ended November 1, 2003, compared to net income of $1.9 million, or $.01 per share, last year. For the third quarter, total sales grew 4.3%, and comparable st
Big 5 SG Prices Secondary Offering
Big 5 Sporting Goods Corporation announced the pricing of a public offering of 5,200,000 shares of its common stock at $18.12 per share. The offering was increased from the previously announced amount of 4,500,000 shares…
NRF: Retail Sales Reinforce Holiday Forecast
Retail sales are continuing to gain momentum in time for the busiest shopping season of the year. According to the National Retail Federation, October retail sales in the GAFS category (general merchandise stores, clothing and clothing accessories stores,
Callaway Promotes Davis to SVP of Manufacturing
Callaway Golf Company has promoted Ian Davis to the position of Senior Vice President of Manufacturing. Davis has been with the Company since March 2000, most recently as Vice President of Club and Ball Manufacturing. In his new position, Davis will repor
Sears Tests Urban Shop Pilot for Holidays
Sears has initiated a pilot of 50 urban shops that also include popular male urban brands such as Icewear, Run Athletics by Russell Simmons, P. Miller and South Pole. The urban shops are located at select Sears stores in Chicago, Detroit, Los Angeles, Mi
Majestic Taps Hoffman to Run Merchandising
Majestic Athletic announced two new positions, including a senior hire and a strategic internal promotion. Matthew S. Hoffman joins Majestic Athletic as vice president of merchandising and brand management, and Chuck Strom, formerly director of classic c
Retailers and Vendors Announce Container Environmental Survey
More than a dozen manufacturers, retailers and shipping companies, including LL Bean and Nike, Inc., have announced the Clean Cargo Environmental Performance Survey for shippers to gauge their carriers' environmental
management performance and addres
Wolverine Appoints New Outside Director
Wolverine World Wide, Inc. announced that Brenda J. Lauderback, former Group President, Wholesale and Retail, of Nine West, has been appointed to fill a new seat on the Company's Board of Directors…
The Buckle Sees 8.2% Q3 Net Income Gain on 6.0% Sales Increase
The Buckle, Inc. reported net income for the third quarter of fiscal 2003 was up 8.2% to $12.2 million, or 57 cents per share (56 cents per share on a diluted basis), compared with $11.3 million, or 53 cents per share (52 cents per share on a diluted basi
Vail Gets Heavenly Relief in Fiscal 2003
Vail Resorts, Inc. reported that the net loss for the fiscal year ended July 31, 2003 was $8.5 million, or a loss of 24 cents per diluted share, compared to net income of $7.1 million, or income of 20 cents per diluted share, for the same period last year
Reebok Signs Stojakovic to Footwear Deal
Reebok has signed a multi-year endorsement agreement with Sacramento Kings' phenom Predrag “Peja” Stojakovic. Widely considered one of the best shooters in the league, Stojakovic is the reigning “NBA All-Star 3 Point Shoot-Out” champion for 2003 and
Everlast Q3 Net Income Falls 75% on 4.9% Sales Decline
Everlast Worldwide Inc. reported net sales declined 4.9% to $16.1 million for the third quarter ended September 30, 2003, compared to $16.9 million in the year-ago period. Net licensing revenues increased 14.8% to $1.6 million vs. $1.4 million in the 200
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