Quiksilver's net revenues for the fiscal first quarter ended January 31 increased 33.6% to $342.9 million, from $256.1 million in the year-ago quarter. Excluding the addition of DC Shoes in the quarter, revenues increased approximately 22.6% for the
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
adidas-Salomon Sees Q4 Profits Shrink on Weaker Salomon Results…
adidas-Salomon posted what most see as a pretty positive year as sales grew 3.4% in Euro terms to €6.48 billion in 2004 compared to €6.27 billion in 2003 and net income increased 20.8% to €314.0 million from €260.0 million in the prior year. Currency-neu
Famous Footwear Again Sets the Pace for Brown Shoe in Q4…
If retail was the NFL, the honors for Coach of the Year would have to go to Famous Footwear president Joe Wood. A strong performance in the fourth quarter ended January 29 was due to two years of investment in the family footwear chain of Brown Shoe Comp
Pacific Cycle Pulls Dorel to Record Year…
Dorel was again able to leverage the acquisition of Pacific Cycle to boost both sales and earnings in the fourth quarter of 2004. Total company sales increased 42.0% during the quarter to $457.4 million, compared to $322.1 million last year. The addition
Shoe Carnival Starts to See the Payoff…
Shoe Carnival, Inc. CEO Mark Lemond is starting to see his team’s strategy start to bear fruit as the family footwear retailer posted solid back-to-back monthly comp store sales gains for the last two months. Net sales for Q4 increased 7.2% to $143.9 mil
DSW Customer Credit Info Stolen…
Retail Ventures, Inc. learned late last week of the theft of credit card and other purchase information from a portion of DSW Shoe Warehouse customers that shopped at 103 DSW stores, primarily during the last three months. Any customer information provide
Thule Shows Solid Q4 Gains…
Thule finished off a strong fourth quarter, its first under new ownership with Candover Partners. Sales for the quarter increased 44.0% to SEK 615 million ($88.5 million) compared to SEK 427 million ($56.4 million) in 2003. Profitability improved at clos
Orange 21 Sees Some Legal Action…
Orange 21 has reportedly received a cease-and-desist letter from Oakley with respect to patent and trademark issues involving three of its product styles. In a press release, Orange 21 stated that upon review of the claims, the company believes them to b
Lotto Takes Over China License…
Lotto Sport Italia reported last week that its previous licensing agreement with Lightening Star Corporation for China, Macau, and Hong Kong has terminated. A new trading company – a subsidiary of Lotto Sport Hong Kong – will control two companies that w
Cutter and Buck Narrows Fiscal Q3 Loss…
Cutter & Buck reported a $523,000 pre-tax loss for its ongoing wholesale business for the fiscal third quarter ended January 31, compared to a pre-tax $40,000 profit in the year-ago period. Management attributed investments in computer systems and expens
Specialty Leads the Alpine Market; Snowboard Looks to Chains for Growth…
According to the SIA Retail Audit, sales for the entire winter sport market were up 2.8% in dollars to $1.76 billion for the August 2004 through January 2005 period, compared to $1.71 billion reported for the same period last year. Unit sales were down 7.
Outdoor Retail Has Positive 2004…
The retail environment seems to be quite healthy for many of the major outdoor specialty chains, although the competitive environment is heating up at the same time. Brick and mortar retailers who are successfully integrating the Internet and catalog sale
Glass Lewis Recommends Shareholders Vote For JOUT Merger
Johnson Outdoors Inc. announced that Glass Lewis & Co., a leading independent proxy advisory firm, has recommended that Johnson Outdoors shareholders vote FOR Johnson Outdoors' proposed merger with JO Acquisition Corp. at the Company's special s
NikeGO Head Start Hopes To Introduce Preschoolers To Fitness
Nike continues its mission of getting kids physically active by reaching out to young children with its latest NikeGO program — NikeGO Head Start — an initiative designed for preschool children and their families at Head Start sites throughout the count
Calvin Johnston Promoted to CEO of Russell Athletic
Russell Corporation has promoted Calvin Johnston to CEO of Russell Athletic. Johnston had been president of JERZEES Europe. He will relocate to Atlanta from Scotland and report to Jon Letzler, president and COO for the Corporation…
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