Filmar Acquires Merkeley

Filmar Corporation executives (manufactures of Bula headwear) signed the final papers for the purchase of Merkley Headgear. Although celebrating its third decade as an authentic brand in the ski resort headwear marketplace, Merkley was recently facing fin

Luxottica Q1 Sales Rise 7.9%

Luxottica Group S.p.A. announced results for the quarter ended March 31, 2004. Net sales for the quarter improved by 7.9% to €760.4 million ($949.9 mm). Operating income for the quarter improved 7.9% to €120.1 million ($150.0 mm). Consequently, the operat

Reebok to Issue $300 Million in New Debt

Reebok International Ltd. intends, subject to market and other conditions, to sell through a private offering up to $300 million of convertible debentures due 2024. The company will grant to the initial purchasers an option to purchase up to an additional

PUMA Launching Bodywear Line in U.S.

PUMA North America has launched of a new collection of bodywear designed and manufactured by Schiesser Lifestyle to be sold through their exclusive U.S. distributor, United Legwear & Bodywear…

Urban Outfitters Ups Guidance; EPS Will Double

Urban Outfitters, Inc., which operates retail stores under the Anthropologie, Urban Outfitters and Free People brands, said that quarter-to-date comparable store sales continue to significantly exceed the sales plan set at the beginning of the year. Q1 C

GSI Commerce Hires Human Resources Chief

GSI Commerce, Inc. has hired James Flanagan, 43, to the newly created post of senior vice president of Human Resources. Flanagan, an HR executive with more than 18 years' experience, will report to Michael Rubin, chairman and CEO of the company…

Skechers Q1 Net Income Off 17.6%, But Still Beats Street

Skeckers USA, Inc. reported that net sales for the first quarter of 2004 rose 6.2 percent to $221.5 million compared to $208.6 million in the first quarter of 2003. Net earnings for the quarter were $7.0 million, or 18 cents per diluted share, versus net

Emu Expands U.S. Presence

EMU Australia has added Michael Fischer and Tiana Phillips to the EMU North American team. In his new role, Fischer will serve as the customer service and product line manager and will assist with product development and design for footwear, accessories a

Unifi Q3 Net Loss Grows on Restructuring Charges

Unifi released operating results for its third quarter of fiscal year 2004. The Company reported a net loss of $50.0 million or 96 cents per share for the quarter ending March 28, 2004, which compares to net income of $1.1 million or 2 cents per share for

Wolverine Thanks Merrell for Another Solid Quarter

Wolverine World Wide achieved record revenue for the first quarter of 2004 totaling $224.9 million, a 17.4% increase over first quarter 2003 revenue of $191.5 million. Earnings per share during the first quarter of 2004 grew to $0.30 per share compared t

Gander Mountain Opens on Nasdaq Priced at $16 a Share

Gander Mountain Company has announced the pricing of its initial public offering of 5,725,000 shares of its common stock at a price of $16.00 per share. In addition, Gander Mountain has granted the underwriters a 30-day option to purchase up to an additi