Russell Corporation revised its earnings expectations for the 2003-third quarter and 2003-fiscal year, primarily citing difficult conditions in the Artwear channel. The company now forecasts earnings for the 2003-third quarter ending October 5, 2003 to b
Author: James Hartford
SBI Taps ProLine for Fila Partner in the U.K.
Sport Brands International, the new holding company that recently completed the purchase of Fila and all of its subsidiaries worldwide, announced today that it has formed a multi-year strategic partnership with Watford-based Proline in the United Kingdom.
LBJ Joins Surgeon General to Launch NikeGO Program in Akron
Students at Akron's Margaret Park Elementary School enjoyed the thrill of a lifetime as NBA player and local Akron resident, LeBron James joined U.S. Surgeon General Richard H. Carmona to launch a new NikeGO initiative called PE2GO. The team of suppo
Timberland Appoints North America SVP/GM
The Timberland Company has appointed Joseph B. Dzialo to Senior Vice President, General Manager of the U.S. Dzialo will report to COO KEn Pucker and will be responsible for Timberland's North American wholesale footwear and apparel sales as well as
Value City Q2 Loss Widens Despite DSW Growth
Value City Department Stores, Inc. saw net sales for the second quarter increase 6.2% to $604.6 million from $569.1 million for the quarter ended August 3, 2002. Comparable store sales increased 1.6% versus the year-ago period. The net loss for the quar
Wilson Secures Top Tennis Spot in Q2 Retail Sales Audit
Wilson is the # 1 brand in racquets, strings and footwear according to the latest TIA/Sports Marketing Surveys Specialty Store Retail Audit for second quarter 2003.
Wilson leads the racquet industry with 29.7% share of units sold overall and 29% dollar sh
Nike Golf Builds Ball Share in August
Nike Golf said it sustained its third straight month with increased golf ball market share and a No. 3 ranking in the golf ball category based upon figures provided by industry standard Golf Datatech for green grass, golf
specialty and sporting goods reta
Kohl’s EVP of Stores Resigns
Kohl's Corporation announced Beryl Buley, executive vice president/director of stores, has resigned to pursue other interests. On an interim basis, the store operations group will report to Larry Montgomery, chairman and CEO…
Escalade Promotes Frandsen to CFO
Escalade, Inc. announced that Mr. Terry Frandsen has been promoted to Chief Financial Officer and Treasurer replacing Mr. John Wilson who is retiring to spend more time with his family. Mr. Frandsen joined Escalade in October 2002 as Vice President of Fi
Accessory Brands Nets NBA Deal
Accessory Brands Inc. announced it had won the license to sell and market the National Basketball Association licensed accessory items. The company did not disclose financial details of the deal but said it covers the NBA, NBA4her, NBA Bigman, and Hardwo
G-III Fiscal Q2 Profits Grow Four-Fold on 13% Sales Gain
G-III Apparel Group reported net sales of $45.3 million and net income of $2.7 million, or $0.37 per diluted share, for the three-month period ended July 31, 2003 compared to net sales of $40.0 million and net income of $576,000, or $0.08 per diluted shar
Asics to Sponsor Freestyle Wresting Chamionships
ASICS will partner with USA Wrestling to be the official footwear, apparel, and accessory sponsor of the 2003 World Championships of Freestyle Wrestling to be held September 12-14, 2003 at one of the world's most famous arenas, Madison Square Garden
West Marine Cuts Forecast on Poor Labor Day Sales
West Marine's CEO said that Labor Day weekend sales were “disappointing” and that WMAR is now running running low single-digit negative comparable store sales month-to-date in September. WMAR now expects Q3 EPS in the 37 cents to 39 cents range on s
ICON Gets Stay of Injunction in Crossbow Dispute
The Nautilus Group, Inc. announced that the United States Court of Appeals for the Federal Circuit granted ICON Health and Fitness, Inc. a Stay of the Preliminary Injunction originally ordered by the Federal District Court for the Western District of Wash
Court Approves Callaway Top-Flite Bid
Callaway Golf Company has prevailed in the auction to purchase substantially all of the assets of the Top-Flite Golf Company. The acquisition was approved by the U.S. Bankruptcy Court in Wilmington, DE on Thursday. The deal is worth $174.4 million in ca