Trailing twelve month purchases for tween and teen apparel for the period ended July 2003 decreased 17.6% and 13.8% in dollar volume, respectively, according to leading market information company The NPD Group, Inc. This compares to a 6.3% decline from 2
Author: James Hartford
Malden Mills Snags $19 Million in Defense Department Deal
Malden Mills Industries Inc., makers of Polartec performance textiles, announced that the U.S. Congress has approved $19.1 million for Polartec garments for the U.S. Military in the 2004 Defense Spending Bill. Included in this funding is $3 million to co
SGMA Elects New Board Members
SGMA International re-elected Dick Kazmaier as to Chairman of the Board of the trade association. adidas EVP Tim Joyce was re-elected as Vice Chairman. Tom Rogge maintains his position as Secretary/Treasurer and John Riddle was re-appointed President/CE
Nordstrom September Comp Store Sales Increase 7.7%
Nordstrom, Inc. reported preliminary sales of $563.7 million for the five-week period ending October 4, 2003, an increase of 11.4% compared to sales of $505.9 million for the year-ago period. Same-store sales increased 7.7%…
JC Penney September Comp Store Sales Inch Up 0.7%
J. C. Penney Company, Inc. reported today that comparable department store sales increased 0.7% for the five weeks ended September 27, 2003. Sales of Back-to-School merchandise continued to perform well in September, while overall sales softened during t
Gottschalks CFO Resigns
Gottschalks Inc. announced that the company's Chief Financial Officer, Michael Geele, has resigned to pursue other opportunities. Kevin Bradshaw, the company's Vice President of Finance, will take over all related financial responsibilities unt
Coastcast Reports Optimistic Outlook and Termination of Search for Buyer
Coastcast Corporation reported its optimistic outlook and termination of marketing of the company for sale. The offer to take the company private by the chairman/CEO and another director has been been withdrawn and other acquisition proposals were determ
Penguin Taps Foot Locker Vet to Run Sales
Penguin Brands announced that Ted Roberto will be joining the company as National Sales Manager, effective November 1, 2003. Mr. Roberto has spent the last 28 years with Foot Locker, Inc. where he held various senior management positions in sales, produc
SGMA: Record Number of Schools Awarded Pep Grants
SGMA International is reporting good news for physical education coming out of Washington, D.C.! The U.S. Department of Education announced the recipients of the Carol M. White Physical Education for Progress (PEP) Program for school year 2003-2004. In
Prince Snags Best Web Site Award
The Web Marketing Association has recently named the revamped www.PrinceTennis.com as its ‘Best Sports Website’ WebAward winner. Prince, which recently launched the “Rule the Court” brand campaign, is the first t
Russell Athletic Snags Modell’s Apparel Vendor Award
Russell Athletic was awarded the “Apparel Vendor of the Year” from Modell's, the nation's oldest family-owned sporting goods retailer. This is the second consecutive year Russell Athletic has received this award…
FanBuzz Will Manage Online Store for USSA
FanBuzz will develop and operate the official on-line store for the U.S. Ski and Snowboard Team, the U.S. Ski and Snowboard Association announced. The U.S. Ski and Snowboard Store will provide fans with the opportunity to purchase team merchandise at
Shoe Pavilion Q3 Comps Increase 4.7%
Shoe Pavilion, Inc. announced total net sales increased 13.9% to $21.6 million for the third quarter ended September 27, 2003, from net sales of $19.0 million for the same period in 2002. Comparable store net sales increased 4.7% for the third quarter…
CPSC, Crosman Corp. Announce Air Rifle Recall
In cooperation with the U.S. Consumer Product Safety Commission (CPSC), Crosman Corporation, of East Bloomfield, N.Y., is voluntarily recalling about 1,500 spring-piston, break-action air rifles. The air rifles can discharge unexpectedly when the user clo
REI Announces First-Ever Stewards for the Environment Award Recipients
REI announced seven recipients of the first-ever REI Stewards for the Environment awards. The awards program is intended to provide annual recognition to those unsung local environmental heroes who have made a lifestyle out of protecting some of the count