Russell Corp. Cuts Q2 Outlook as Organic Sales Fall

Russell Corporation is reporting that it expects fully diluted EPS for the second quarter of 2005 to be between 12 cents and 14 centes per share, which is below the Company's previously issued earnings guidance. The current Thomson First Call mean es

NRF: Summer’s Arrival Brings Shoppers to Stores

Though the beach may have been beckoning, the arrival of summer sent shoppers to the stores last month. According to the National Retail Federation (NRF), retail industry sales for June (which exclude automobiles, gas stations, and restaurants) rose a str

Rebel Sports Fiscal Years Comps Inch Up 0.8%

Rebel Sport Limited’s group sales revenue for the twelve months ended July 2, 2005 increased by 3.8% to A$316.9 million when compared to the twelve months ended July 3, 2004, including sales revenue from the Glue lifestyle stores. Total group sales reven

Wolverine Q2 Net Income Up 22% on 8.5% Sales Increase

Wolverine World Wide, Inc. reported that second quarter 2005 revenue totaled $215.7 million, an 8.5% increase over second quarter 2004 revenue of $198.8 million. Earnings per share for the second quarter of 2005 were 22 cents compared to the 18 cents repo

Sales and Merchandising Manager, Girl’s — DAKINE

DAKINE is looking for a person with excellent organizational, communications, and presentation skills. Minimum two years experience in the girls/juniors active sports industry. Good understanding of accessory product lines and the buy/sell cycle.

TKO Holdings Centralizes Offices in Houston

TKO Holdings Inc., manufacturer, marketer and licensor of sporting goods under the TKO brand name, announced that it has centralized all of its operations and moved its Head Office to Houston effective July 1, 2005. This follows the recent closing of its

Warnaco Elects New Independent Board Member

The Warnaco Group, Inc. announced the election of Donald L. Seeley to its Board of Directors, making him the seventh independent Director on a Board of eight. Mr. Seeley is an adjunct lecturer and the director of the Applied Investment Management Program

Kmart Promotes Whitsett to Chief Merchant

Kmart, a wholly-owned subsidiary of Sears Holdings Corporation, has promoted Peter Whitsett, 39, to senior vice president and Kmart merchandising officer, effective immediately. In his new position, Whitsett oversees all merchandise categories for Kmart s

PLay it Again Parent Sees Q2 Net Slip on Lower Revenues

Winmark Corporation reported that net income for the second quarter ended June 25, 2005 was $542,600, or 8 cents per share diluted, compared to net income of $726,300, or 11 cents per share diluted, in 2004. Revenues for the period declined 4.5% to $6.4 m

Kayser-Roth Expanding North Carolina Sock Operation

Kayser-Roth Corporation has announced a $7 million expansion to its sock manufacturing and distribution facility located in Burlington, NC. The expansion is expected to add as many as 180 jobs over a three-year period and will require a 100,000 sq. foot p

Gaiam to Acquire Assets of GoodTimes Entertainment

Gaiam, Inc., a lifestyle-media company catering to people who value personal development, natural health and inspirational entertainment, has signed a definitive agreement to acquire substantially all of the assets of GoodTimes Entertainment…

Just Two Bikes Acquired by Sales Manager, Financial Backer

Just Two Bikes, Inc., a recumbent cycle manufacturer headquartered in Hugo, Minn., announced that the company has been purchased by Dale Hedstrand, President of Focal Point Financial Services of White Bear Lake, Minn. and Jim Dugelman, Sales and Marketing

Sport-Haley Looks to Settle SEC Action

Sport-Haley, Inc. is pursuing settlement of claims brought against it and one of its former officers by the United States Securities & Exchange Commission. The SEC attorneys in Denver handling the case will recommend that the settlement proposals be appro

Stage Stores June Comp Store Sales Jump 11.1%

Stage Stores, Inc.reported that total sales for July increased 14.9% to $115.0 million from $100.1 million in the prior year five-week period ended July 3, 2004. Comparable store sales increased 11.1% versus a decrease of 2.5% last year…