Kohl's Corporation announced the resignation of Jack Moore, executive vice president/general merchandise manager of Home and Footwear effective today to accept a position as President and Chief Operating Officer at Linens 'n Things.
Author: SGB Media
Foot Locker Converts All of its 5.5% Notes to Stock
Foot Locker announced that The Bank of New York, as Conversion Agent for the Company's $150 million outstanding 5.5% convertible subordinated notes, has received notice from 100% of the note holders of their election to convert their securities into
Specialty Companies See Profit Growth Double the Gains in First Quarter Sales …
Much of the issues that impacted the general sporting goods industry results in the first quarter – both positively and negatively – were also the key influencers for the Bicycle, Outdoor, and SnowSports specialty markets covered in The B.O.S.S. Report ea
ASTM Certifies New Textile Testing Method…
The American Society of Testing and Materials and Outlast have collaborated with Dr. Douglass Hittle, the Director of Solar Energy Applications at Colorado State University, to develop a textile test for phase change materials…
DuPont Builds Eco-Friendly Textile Plant…
DuPont has signed a joint venture agreement with Tate & Lyle PLC, a U.K.-based carbohydrate processing company, to develop and build a production facility for a bio-based nylon and polyester alternative. The joint venture will use a proprietary fermentati
Price Hikes Are Rolling Down the Bike Supply Chain…
Full Speed Ahead and its subsidiary VisionTech will be raising their wholesale 5% to 15% mainly due to rising costs of raw materials and the overheating Chinese economy. As previously reported in BOSS (BOSS_0413), shortages in steel and aluminum in China
Forzani Sees Continued Challenges in Canadian Sporting Goods Market…
Forzani started the year off on shaky ground on the sales front, thanks in large part to heavy price competition and a declining sporting goods market north of the border, but shook off the tougher market and posted a 38% increase in net income for the pe
K2 Inc: Why We Didn’t Buy It and What We Will and Won’t Acquire…
At the SunTrust Robinson Humphrey Conference in Atlanta, Dudley Mendenhall, K2 Inc.’s SVP Finance, outlined his company’s performance and future strategy for investors. Mendenhall said K2 now represents about $1 billion of the $50 billion U.S. wholesale
American Recreation Parent Boosts Net Income 18.5% in Q1…
Kellwood’s American Recreation division, which houses the Sierra Designs, Kelty, and Slumberjack brands, is grouped into the ‘other soft goods’ category in company financial statements. The category posted a 19.2% decline in sales to $120.0 million compar
SGMA Supports Full Funding for Land and Water Conservation Fund…
The SGMA has teamed up with Americans Saving American Places to launch a 140 day campaign, between earth day and Labor Day, to persuade President Bush to keep his promise to fully fund the Land and Water Conservation Fund. The “Sign it This Summer” campai
OR Summer Market is Sold Out
Outdoor Retailer has announced that exhibiting space for the 2004 Summer Market to be held at the Salt Palace Convention Center in Salt Lake City, Utah, has officially sold out, with a waiting list of over 120 outdoor-related companies. The total number o
The Buckle May Comps Climb 8.3%
The Buckle's sales for the four-week period ended May 29, 2004 increased 14.9% to $27.3 million from sales of $23.8 million in the corresponding four-week period ended May 31, 2003. Comparable store sales increased 8.3% from the prior year. Net sale
Gottschalks May Comps Drop 7.6%
Gottschalks same store sales for the month of May 2004 decreased 7.6% from the prior year. Total sales for the month decreased 8.9% to $45.7 from $50.1 in May 2003. On a year-to-date basis, same store sales increased 1.5% from the same period of fiscal
Goody’s May Comps Inch Up 1.3%
Goody's total sales were $99.4 million for the fiscal month of May 2004, an increase of 3.5% over total sales of $96.0 million for the fiscal month of May 2003. Comparable store sales for May 2004 increased 1.3% over May 2003. Total sales for the fir
May Comps at ShopKo Increase 3.2%
ShopKo Stores reported consolidated sales for the four weeks ended May 29, 2004 increased 3.1% to $251.9 million from $244.2 million during the same period last year. Consolidated comparable store sales increased 3.2%…
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