Nordica Rep to Head Product Development

Nordica USA has named one of its current sales reps to head up the ski product development for the USA. In his new role as Ski Product Manager, Jon Rucker will be responsible for working with Nordica Spa and the dealers in the USA to dramatically grow the

Here Comes That Upstream Inventory Effect…

We speculated just a few weeks ago (SEW 0325) about the effect the apparent climb in Q1 retail inventories would have on results for the vendors as we moved into the calendar second quarter. After reviewing the first of the vendor Q2 reports released this

Obermeyer Taps Backbone Media for PR Effort

Obermeyer has retained Backbone Media to handle their public relations efforts. Located in Aspen, Obermeyer will partner with local Carbondale company Backbone Media to oversee media communications and promotions of its apparel, brand and rich company his

West Marine Q2 Earnings Up 25% as Comps Slip 4.4%

West Marine, Inc. reported net income for the second quarter ended June 28, 2003 of $19.8 million, or $0.98 per share, compared to net income of $15.8 million, or $0.79 per share, a year ago. Net sales for the quarter were $233.0 million, up 22.6% from $

Sears Q2 Net Income Jumps 35% on Fairly Flat Revenues

Sears, Roebuck and Co. reported net income of $309 million, or $1.04 per share, for the second quarter ended June 28, 2003, compared with net income of $229 million, or $0.71 per share, in Q2 2002. Revenues for Q2 increased 0.9% to $7.8 bn. The revenue

Acushnet Helps Fuel Q2 Gains at Fortune Brands

Fortune Brands, Inc. reported net income for the second quarter of 2003 was $176.7 million, or $1.18 per diluted share, as compared to $196.9 million, or $1.27 per diluted share, in the year-ago quarter. Consolidated net sales were up 5% to $1.58 billion

Cybex Refinances Credit Facility

Cybex International, Inc. has successfully refinanced in full its prior credit facility. Cybex' new credit arrangements include a $19,000,000 working capital and term loan facility from CIT Group/Business Credit, Inc. and a $11,000,000 mortgage loan

NRF Asks Senate to Stay Out of Overtime Fight

The National Retail Federation has asked the Senate to reject an amendment that would block the Department of Labor from implementing a proposed update to 50-year-old Fair Labor Standards Act rules on overtime. NRF said it would count the amendment, expec

Amerex Promotes Alvarez-Mitchell to Vice President

Amerex Group, Inc. has announced that the current Director of Marketing and Creative Services, Monica Alvarez-Mitchell, has been promoted to vice president, overseeing design and implementation of the company's brands. Prior to joining Amerex, Ms. A

Sportcraft Adds Sales and Marketing Managers

Jim McGeehan has joined Sportcraft as Regional Sales Manager of the Western U.S. region. Jim previously held the position of Director of International Sales for And-1.
Jeff Stack has joined Sportcraft as Marketing Manager for New Business Development. Je