Footwear Specialties International, parent company of Nautilus Safety Footwear, SkidBuster Shoes and Third Watch Public Safety Footwear, announced at their annual meeting that their “Ultimate” Service standards contributed to their 46% sales increase over
Author: James Hartford
LaCrosse Footwear Narrows 2002 Loss; Posts Q4 Profit
LaCrosse Footwear, Inc. 2002 net sales declined to $97.8 million from $125.3 million in 2001. The full year 2002 net loss was $5.1 million, or a net loss of $0.87 per share, compared to a net loss of $7.9 million, or a net loss of $1.35 per share, in 200
Mossimo 2002 Earnings Up 24% on 19% Revenue Rise
Mossimo, Inc. reported fiscal 2002 revenue increased 19.3% to $19.9 million compared to $16.7 million in fiscal 2001. The Company reported fiscal 2002 earnings before benefit for income taxes of $7.3 million, or $0.46 per diluted share, compared to earnin
Footwear Specialties Hires Dave Bartels as Sales VP
Footwear Specialties, Int'l, parent company of Nautilus Safety Footwear, SkidBuster Shoes, and 3rd Watch Footwear, announced that it has hired Dave Bartels as its new Western Regional V.P. of Sales…
The Spiegel Group Appoints New Chief Financial Officer
The Spiegel Group announced that it appointed James M. Brewster senior vice president and chief financial officer for The Spiegel Group on February 26, 2003…
Deckers 2002 Earnings Flat on 8.0% Sales Gain
Deckers reported 2002 net sales increased 8% to $99.1 million versus $91.5 million in the same period last year. Net earnings before cumulative effect of accounting change for the year ended December 31, 2002 were $1,620,000, or $0.17 per diluted share,
SGMA: U.S. Sporting Goods Exports Reverse Course
According to SGMA International the dollar value growth rate of U.S. exports of sporting goods declined by 7.1% in 2002, reversing a recent period of growth…
Brown Shoe Canada Names Gilbertson President
Brown Shoe Company, Inc. announced the promotion of Kenneth W. Gilbertson to President of Brown Shoe Canada, its Canadian-based subsidiary…
Payless Fiscal 2002 Earnings Double on Comp Store Decline
Payless ShoeSource, Inc. reported company sales for the fiscal year 2002 totaled $2.88 billion, a 1.2% decrease from $2.91 billion in the fiscal year 2001. During the fiscal year 2002, same-store sales decreased 3.2%. In the fiscal year 2002, net earnin
Former Venator CEO Joins Gadzooks Board
Gadzooks, Inc. announced that Carol Greer, President of the Carol Greer Associates retail consulting firm, has joined its Board of Directors, increasing its number of Directors to seven…
Varsity Brands Swings to Profits in 2002; Sales Up 6.0%
Varsity Brands, Inc. announced net income of $9.9 million, or $0.92 per share on a fully diluted basis, for the year ended December 31, 2002. Net income for the year ended December 31, 2002 included an income tax benefit of $0.7 million. Revenues for th
Pacific Sunwear Increases 2003 Store Opening Plans
Pacific Sunwear of California, Inc. announced that it is increasing its store opening plans to 75 net new stores for fiscal 2003, which includes at least 10 net new d.e.m.o. stores…
Court Approves Kmart Disclosure Statement
Kmart Corporation announced Wednesday that the U.S. Bankruptcy Court for the Northern District of Illinois has approved the Disclosure Statement filed in connection with the Company's First Amended Joint Plan of Reorganization…
SportsLine.Com To Produce Official NCAA Site; Dumps Gambling Sites
SportsLine.com has carved out a deal to produce the website for all of the National Collegiate Athletic Association's championship events, starting with the men's basketball tourney next month. But the deal, which runs until 2006, means that th
Former Kmart Executives Indicted for Fraud
Two former Kmart vice presidents indicted Wednesday for their part in Kmart's financial downfall could be just the first of a wave of executives to face criminal charges for pushing the century-old retailer into bankruptcy, experts predicted…