Stride Rite Making Exec Moves…

Rick Thornton has been named president and COO of the Stride Rite Corporation, with full general management responsibility for Keds, Sperry Top-Sider, Stride Rite Children's Group, Tommy Hilfiger Footwear, International and Sourcing. David Chamberla

Raider Takes 5% Stake in Perry Ellis…

When Perry Ellis International, the Florida-based apparel company that owns Jantzen and holds licenses for Nike swimwear and Ping apparel, purchased the Salant Corporation in June, it also got another famous name of dubious distinction when it closed the

Nautilus Trips Over Bowflex Declines…

The Nautilus Group saw shares fall another 12.1% this week to close at $10.64 on Friday after the company issued a warning on Wednesday that Q2 and full year sales and earnings would fall short of expectations…

Line Skis LLC Has Been Jumping Through Hoops

Line Skis LLC Has Been Jumping Through Hoops attempting to get their bindings to retailers. According to Jason Levinthol, the company spokesperson, “All in all, it's simply taking a lot longer to set up and solidify all the manufacturing than expect

FINL Pulls Away in the Mall…

As reported here in SEW 0323, The Finish Line saw fiscal Q1 comp stores sales jump 14% on top of the 3% increase in the year-ago period. In a conference call with analysts following the first quarter financials release, it appears that the mid-teens tren

TSA Files Workforce Termination Plan…

The Sports Authority has filed papers twice in the last few weeks with the Florida state Agency for Workforce Innovation outlining their plans for workforce terminations at their Lauderdale Lakes facility. The filings indicate that close to 500 people wi

Footstar is Looking for a Bit of the Nike Magic

Footstar is Looking for a Bit of the Nike Magic that is driving much of the Finish Line growth to rub off on its Athletic Division after reporting that comparable store sales for the company’s second quarter ended June 28, 2003 declined 2.2%. The athleti

Galyan’s Saw Shares Fall 18%

Galyan’s Saw Shares Fall 18% for the Week to close at $11.49 on Friday after the retailer warned on Wednesday that second quarter earnings would suffer from comp store sales that are now seen in the –8% to –10% range. The street jumped on the news with n

Shoe Carnival Shares Were Off 5.8%

Shoe Carnival Shares Were Off 5.8% after the retailer warned that lower traffic in the stores would push sales lower than expected for the second quarter and warned that earnings are now expected to be in the range of 10 cents to 13 cents per diluted shar

Nautica Sees Fiscal Q1 Profit on 10.6% Sales Increase

Nautica reported net sales for the first quarter ended May 31, 2003 increased 10.6% to $139.2 million compared with $125.9 million in the first quarter last year. Sales in the wholesale segment grew 12.4% to $107.1 million compared with $95.3 million in t