Reda Joins TransWorld SKATEboarding

TransWorld SKATEboarding would like to welcome Giovanni Reda as the newest addition to the TWS staff. Giovanni comes on board as a field senior photographer. He's as well-known in the skate world for his innovative photos as he is for his East Coast

DuPont Cuts $200 Million off Invista Sale Price

DuPont announced that KED Fiber Ltd. and KED Fiber, LLC, subsidiaries of Koch Industries, have advised DuPont that they intend to accelerate the closing of the sale of INVISTA(TM) to April 30, 2004. DuPont and the Koch companies also have agreed to an am

Footaction Auction Bids Due Today…

You have until noon today to get in your own bid for the assets of the Footaction chain after a the U.S. Bankruptcy Court judge gave his blessings to Footstar’s plan to liquidate the now 353 store chain. The field appears to be a bit narrower than many h

Amer Looks for New UK Dist. Center…

Amer Group is looking for a new location for its Wilson Sporting Goods factory located in the Irvine Industrial Estate in England. The factory assembles golf clubs and also acts as the distribution center for the U.K. Amer also plans to lay off about 10%

Scott USA is Re-Born in the USA…

Scott USA officially announced that they will be importing bikes into the U.S. market again, with the first official preview of the product only nine days away at the Sea Otter Classic in Monterey, CA. The company also officially announced that Scott Mont

Stage Stores March Comps Up 5.5%

Stage Stores reported that total sales for the five-week period ended April 3, 2004 increased 51.0% to $110.2 million from $73.0 million in the prior year five-week period ended April 5, 2003. Comparable store sales increased 5.5% versus a decrease of 13.

March Same Store Sales Rise 9% at TJX

The TJX Companies reported March 2004 sales results. Sales for the five-week period ended April 3, 2004, were $1,326 million, up 20% over the $1,109 million achieved during the five-week period ended April 5, 2003. For the nine weeks ended April 3, 2004,

JC Penney DS March Comps Jump 11.4%

J. C. Penney Company reported that comparable department store sales increased 11.4 percent for the five weeks ended April 3, 2004. Sales, which were above expectations, were strong throughout the period and across all merchandise divisions. Sales continu