Gildan Activewear Inc. reported second quarter net earnings of $14.3 million or 48 cents per share, which includes a special charge of $7.8 million after-tax or 26 cents per share for the closure of its Canadian yarn-spinning facilities. Earning were fla
Author: James Hartford
ShopKo April Same-Store Sales Fall 11.1%
ShopKo Stores, Inc. reported consolidated sales for the four weeks ended April 30, 2005 decreased 10.6% to $209.0 million from $233.7 million during the same period last year. Consolidated comparable store sales decreased 11.1%…
May Company April Comp Sales Rise 1.5%
The May Department Stores Company reported preliminary net sales of $1.08 billion for the four-week period ended April 30, 2005, a 20.0% increase from $902 million in the similar period last year. Store-for-store sales increased 1.5%…
Brooks Sports Signs on as LA Triathlon Sponsor
Brooks Sports, Inc. has announced a new licensing agreement with the 2005 City of Los Angeles Triathlon (LA Tri). The new partnership makes Brooks the Official Running Sponsor of the triathlon, which winds through some of the most star-studded streets in
Delta Clarifies Fiscal Q3 EPS Results
Delta Apparel, Inc. noted that for its recently reported third quarter, the company's diluted earnings per share increased by 39.6% to $1.27 per diluted share (on a pre-split basis) compared to 91 cents in the year-ago period…
adidas-Salomon Shakes Off Weak Europe to Post Solid Q1
adidas-Salomon reported that first quarter net sales for the Group increased 11% on a currency-neutral basis with improvements coming from all regions. This represents growth of 10% in euro terms to €1.78 billion ($2.33 bn)in 2005 from €1.62 billion ($2.0
Skechers USA Class Action Suit Dismissed
Skechers USA, Inc. announced Friday that the United States District Court for the Central District of California dismissed the first amended consolidated shareholders securities class action complaint filed against the Company and certain of the Company&#
Neiman Marcus Acquired in $5.1 Billion Deal
The Neiman Marcus Group, Inc. Board of Directors has approved a definitive agreement to sell the Company to an investment group consisting of Texas Pacific Group and Warburg Pincus LLC. Under the terms of the agreement, Texas Pacific Group and Warburg Pin
Belk to Acquire 47 Proffitt’s and McRae’s Stores for $622 Million
Belk, Inc., one of the last remaining family-owned department stores in the country, has entered into an agreement with Saks Inc. to purchase 47 of the company's Proffitt's and McRae's regional department stores located in 11 of the 14 Sout
Keds Extends and Expands Mischa Barton Deal
Based on the success of its current North American marketing campaign featuring Mischa Barton, the Keds Corporation has extended its relationship with the brand spokesperson to include international rights. The agreement, which was just inked, will expan
Marketing Product Manager — Cramer Products
Cramer Products is seeking a Marketing Product Manager to grow our sports medicine and physical education product lines. Responsibilities will include daily product management, new product development, direct interaction between marketing, purchas
Developer — Gravis Footwear
Gravis Footwear is seeking a Developer to be the primary contact for all things involving the execution of Gravis footwear, softgoods and bag production. The Developer will be responsible for managing the product development process from 2D Desig
Stockli USA President Appointed to Prime Rate Board
Prime Rate Investors, Inc. announced that Nicholas Sprung, President of Stockli Ski USA, has been appointed to its Board of Directors. Stockli USA is a majority owned subsidiary of Prime Rate Investors and the exclusive distributor of the Swiss made Stock
Russell Sees Q1 Organic Sales Rise 3%; Brooks Up 30%
Russell Corporation reported fiscal 2005 first quarter net sales of $313.2 million, a 24% increase over the comparable period last year. RML reported first quarter earnings of $2.2 million, or 7 cents per diluted share, versus earnings of $531,000, or 2
West Marine Q1 Loss Widens on 6.8% Comp Sales Decline
West Marine, Inc. reported net sales for the first quarter ended April 2, 2005 declined 3.0% to $125.3 million from net sales of $129.2 million in Q1 2004. The net loss for the quarter was $5.5 million, or a loss of 26 cents per share, compared to a net l