Brown Shoe Company, Inc. reported net earnings increased 61.2% to $11.6 million for the second fiscal quarter, compared to year-ago earnings of $7.2 million. Diluted EPS were up 55.0% to $0.62. Consolidated net sales for Q2 inched up 0.5% to $458.4 mill
Author: James Hartford
Nike Moves Caramelo Anthony to Jordan Brand
Jordan, a division of Nike, Inc., announced the addition of Carmelo Anthony to Team Jordan. The newly minted Nugget signed with Nike in June 2003 and will now be a part of the Jordan family, donning the Jumpman logo and joining other elite professional a
Woolrich Taps Rinder for VP Sales Slot
Roswell Brayton, President and CEO of Woolrich, Inc., announced the appointment of Jerry Rinder as vice president sales and domestic licensing. He will report directly to Brayton. Rinder comes to Woolrich after serving as vice president and general mana
SGMA: Athletic Footwear Market Flat During First Six Months of ’03
SGMA is reporting that consumer spending for athletic shoes during the first half of 2003 was substantially the same as during the same period in 2002, according to research by The NPD Group. The number of pairs purchased also remained approximately the
OIA Installs New Board Members and Officers
The Outdor Industry Association announced that the new executive committee will be led by Lee Fromson, CEO of Cascade Designs, who succeeds Steve Barker as Chairperson. The officer slate is comprised of: Mike Wallenfels, vice-president of sales and market
Brunswick Appoints Reich as Europe Head; Leemputte to CFO
Brunswick Corporation announced that Victoria J. Reich has been elected president of Brunswick Europe, a new operating unit. She most recently was senior vice president and chief financial officer for Brunswick. Peter G. Leemputte, the company's vi
Malden Mills to Emerge from Bankruptcy in Late August
Malden Mills Industries, Inc. late Thursday announced that it's consensual plan of reorganization has been confirmed by the United States Bankruptcy Court and the company will successfully emerge from Chapter 11 on August 26, 2003. This approved pla
Golfgear International Names Pierandozzi President and COO
John Pierandozzi has been named president, chief operating officer and a director of GolfGear International, Inc. He succeeds Michael Piraino, who resigned in June. Through April 2002, Pierandozzi was president and chief executive officer of Carbite Golf
Everlast Q2 Net Income falls 50% as Sales Slide 12.2%
Everlast Worldwide Inc. reported second quarter net sales were $12.9 million as compared to $14.7 million reported in 2002. Net licensing revenues advanced 11.8% to $1.6 million. Net income available to common stockholders fell 50% to $.1 million, or $0
Varsity Brands Q2 Net Income Falls 46% on 5.0% Sales Decline
Varsity Brands, Inc. announced net income of $4.7 million, or $0.40 per share on a fully diluted basis, for the second quarter of 2003, compared to net income of $8.7 million, or $0.79 per share on a fully diluted basis, for the quarter ended June 30, 200
Urban Outfitters Reports a 51% Increase in Q2 Earnings; Declares Two-for-One Split
Urban Outfitters, Inc. announced earnings of $9.5 million for the second quarter ended July 31, 2003, a 51% increase over the comparable quarter last year. Second quarter earnings per diluted share rose to $0.47 this year versus $0.32 in the prior year.
K-Swiss Adds Mark Louie to Board of Directors
K-Swiss Inc. announced that Mark L. Louie was unanimously elected to serve on the Company's Board of Directors.
Mr. Louie is a Managing Member and Chief Financial Officer of TechFund Capital, a venture capital firm focusing on early-stage enabling t
The Buckle Q2 Net income Down 11.7% on 2.6% Sales Gain
The Buckle, Inc. reported that net income for the second quarter of fiscal 2003 was $3.6 million, or 17 cents per share, compared with $4.1 million, or 19 cents per share, for the second quarter of 2002. Net sales for the quarter ended increased 2.6% to
Prince Sports Opens New RandD Facility
Prince Sports has has opened a state-of-the-art research and development facility in Trevignano, Italy. Created to form a centralized research and development hub, the new facility will serve as a fully integrated part of the business process and will foc
Johnston Joins Canari Cyclewear
Canari Cycle Wear announced the appointment of James S. Johnston as General Manager of Canari. Johnston, a 28-year veteran of the performance sports apparel industry, will take up this newly created position at Canari's headquarters in Vista, CA…