Author: James Hartford

Rocky Halves Q1 Loss on Stronger Brand Sales

April 23, 2003 SGB Update

Rocky Shoes & Boots, Inc. reported the net loss for the three months ended March 31, 2003 decreased to $622,569, or $0.14 per diluted share, compared with a net loss of $1.2 million, or $0.27 per diluted share, for the same period last year. Net sales im

Kmart Reorg Plan Approved, Will Exit Chapter 11 May 5th

April 23, 2003 SGB Update

Kmart Corporation announced that the U.S. Bankruptcy Court entered an order Tuesday evening confirming the company's First Amended Joint Plan of Reorganization, as modified. With this and other actions, Kmart is set to complete its “fast-track” reor

SGMA Releases 2003 ESPN Sports Fan Poll

April 23, 2003 SGB Update

Do you want to be the first one on the block to know the stats – on the American sports fan? You can find all this information in the ESPN Sports Poll/SGMA State of Sports Report (2003 edition), released by SGMA International. This survey examines inter

West Marine Appoints Nelson as CFO

April 23, 2003 SGB Update

West Marine, Inc. has announced that Eric Nelson, vice president — Finance, will be assuming a new role as senior vice president and chief financial officer effective May 7, 2003. Nelson, age 46, joined the Company in March 2000 as vice president and con

K2 Q1 Debt Restructure Sends Profits Down 96%

April 23, 2003 SGB Update

K2 Inc. reported that net revenues for the first quarter ended March 31, 2003, increased 6.5% to $157.1 million from $147.5 million in the yea-ago period. Net income in the quarter was $137,000, or $0.01 per diluted share, after an after-tax charge of $0

Callaway Rides Exchange Rates to Higher Q1 Sales, Profits

April 23, 2003 SGB Update

Callaway Golf Company has announced its financial results , announcing a 42% year-over-year increase in diluted earnings per share on a 6% increase in sales for the first
quarter ended March 31, 2003. The Company reported net sales of $271.7 million, com

Delta Mills Narrows Fiscal Q3 Loss on 13% Sales Gain

April 23, 2003 SGB Update

Delta Mills, Inc. reported net sales for the quarter ended March 29, 2003 increased 12.9% to $46.5 million compared to net sales of $41.2 million for the quarter ended March 30, 2002. The company reported a net loss of $1.1 million for the quarter compar

Shoe Carnival Issues Warning On Q1 Results

April 23, 2003 SGB Update

Shoe Carnival, Inc. has announced that due to lower customer traffic, sales for April and the first quarter ending May 3, 2003, are below previous expectations. Consequently, the Company has revised its sales and earnings expectations for the first quarte

GBMI Taps Robert Mangione to Lead Mecca Sales

April 23, 2003 SGB Update

Global Brand Marketing, Inc. has announced the appointment of Robert Mangione as National Sales Manager for Mecca Footwear. Mr. Mangione joins GBMI with over 15 years of marketing and sales management experience in the athletic footwear arena with positi

Saks, Inc. Appoints Two Parisian Execs

April 23, 2003 SGB Update

Saks Inc. has announced that David Doub and Kenneth Armstrong will join Parisian's senior management team on April 28, 2003. Doub has been named Senior Vice President/General Merchandise Manager of Ready-to-Wear for Parisian and Armstrong has been ap

adidas Forms New Cycling Unit

April 23, 2003 SGB Update

adidas-Salomon announced the formation of Mavic-adidas Cycling to manage the Group's road cycling and mountain biking activities in one operational unit. The new unit, Mavic-adidas Cycling, will be responsible for the design, marketing, sales and di

Nicklaus Sues Wilson Over Name Use

April 22, 2003 SGB Executive

In the golf world, if you don't have Nicklaus, you can't have JACK. That's the argument of Jack Nicklaus and his golf-products companies, which are suing Wilson Sporting Goods in federal court in Columbus, OH.

Wilson, the suit conten

Shoe Show Averages a Store Opening Every Five Days

April 22, 2003 SGB Update

Back in 1960, Robert Tucker opened a 2,500-square-foot shoe store in downtown Kannapolis.

Today, he reigns over a 644,000-square-foot headquarters in Concord, overseeing a shoe retailing chain with more than 860 stores. Shoe Show Inc. is one of the

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