Russell Corporation will realign its operations to increase focus on both its athletic and activewear businesses. Under this structure, manufacturing, distribution and some administrative functions will be combined with sales and marketing to create a se
Author: James Hartford
Russell Gets Acquisition Help to Post Flat Q3 Sales
Russell Corporation reported fiscal 2003-third quarter net income of $18.5 million, or 56 cents per diluted share, versus $23.4 million, or 72 cents per diluted share, in the prior year, beating analysts' estimates in the 45 cents to 51 cents range.
He’s Back…. Muller Signs On as PONY Advisor
PONY International has named Roberto Muller, the original founder of PONY, as Executive Advisor to PONY International, LLC. Mr. Muller is currently President and Chief Executive Officer of The Muller Group (“TMG”), a sports, media and product marketing co
PUMA to Sponsor Video Game Characters
PUMA announced a unique new partnership with Activision, Inc. Making a foray into the world of video games, PUMA has signed on to take part in the highly anticipated mission-based driving and action game, True Crime: Streets of L.A. As part of the relati
Aussie Apparel Group Changes Name to Bluetorch Inc.
Aussie Apparel Group Ltd. announced that it has changed its corporate name from Aussie Apparel Group Ltd. to Bluetorch Inc. in order to reflect the Company's new focus on the Bluetorch brand in the American marketplace. Effective Monday, November 3,
Collegiate Pacific Net Income Dips 3.5% on 25% Sales Increase
Collegiate Pacific reported revenues increased 25% to $6 milliono for its fiscal first quarter ended September 30.
Gross Margins rose 100 basis points, assisting a 50% gain in pre tax earnings to $444,400. Net Income declined 3.5% to $269,292, or 5 cents
NRF: Retail Execs More Optimistic in October
The latest NRF-BTM Executive Opinion Survey, a monthly index by the National Retail Federation (NRF) and the Bank of Tokyo-Mitsubishi Ltd. (BTM), shows the retail industry continued to gain momentum in October. The Retail Sector Performance Index (RSPI) f
Big 5 Swings to Q3 GAAP Profit on 3.3% Comp Increase; Company Ups Guidance
Big 5 Sporting Goods Corporation reported net sales for the fiscal 2003 third quarter ended on September 28, 2003 increased 7.2% to $183.3 million from $170.9 million in the third quarter of 2002. Same store sales increased 3.3% versus the yer-ago period
West Marine October Comps Increase 2.3%
West Marine, Inc. reported that net sales for the four weeks ended October 25, 2003 were $36.7 million, a 27.4% increase from net sales of $28.9 million for the same period a year ago. Comparable store net sales for the four weeks ended October 25, 2003 i
Ashworth Lead Apparel Vendor for 2005 U.S. Open
Ashworth, Inc. announced it was awarded the contract by Pinehurst Resorts, Inc as the lead apparel vendor for the 2005 U.S. Open Championship to be held at the Pinehurst Resort, June 13-19, 2005. Under terms of the contract, Ashworth will be the leading
Amerex Appoints President of Mens and Ladies Group
Amerex Group Inc. has announced that Renee McGovern has joined the firm as President of the Amerex Mens and Ladies Group. She reports to Chief Executive Officer, Glenn Palmer…
Rosinsky to Head Racing Swimwear for Speedo
Kate Rosinsky has been named Merchandising Manager for Racing Swimwear for Speedo. She succeeds Maricel Castro, who has been promoted to Director of International Product Development for Speedo in London, a new post…
GSI Commerce Narrows Q3 Loss on 49% Jump in Sporting Goods Sales
GSI Commerce, Inc. reported that net revenue for its third fiscal quarter ended September 27, 2003 was $47.5 million in the third quarter of fiscal 2003, compared with net revenue of $32.3 million in the third quarter of
fiscal 2002, an increase of 46.9%.
Urban Outfitters Appoints New CFO
Urban Outfitters, Inc. announced that John Kyees has accepted an offer to become the CFO. Mr. Kyees has had extensive experience in the financial management of a number of specialty retail companies including the Express division of the Limited, Inc. and
Aldila Posts Q3 Profit on 24% Sales Gain
Aldila, Inc. announced third quarter net sales increased 24% to $8.0 million, compared to net sales of $6.5 million for the 2002 third quarter. Net income was $189,000 ($.04 per share) for Q3 compared to a net loss of $699,000 ($0.14 loss per share) for
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