Federated Department Stores, Inc. reported total sales of $814 million for the four weeks ended January 31, 2004, an increase in total sales of 5.1% compared to total sales of $775 million in the same period last year. On a same-store basis, Federated
Category: Outdoor
Johnson Outdoors Sees Resolution of E.U. Inquiry
Johnson Outdoors Inc. announced that an inquiry by the European Commission {of the European Union} has been concluded, with no further action warranted and no fine imposed. In February 2003, the competition department of the European Commission initiated
Gadzooks Files for Bankruptcy Protection; Closing 156 Stores
Gadzooks, Inc. has filed for bankruptcy protection in the Northern District of Texas. This move was necessary in order to provide time to complete the reorganization of its core business around 252 stores chosen to strengthen its market position in the ju
Sport Chalet Fiscal Q3 Net Income Up 18% on 2.9% Comp Gain
Sport Chalet, Inc. reported that sales for the fiscal third quarter ended December 31, 2003 increased 10.3% to $79.7 million from $72.3 million in the year-ago period. Same-store sales increase of 2.9%. GM improved 130 basis points to 32.6%. Increased
Brown Shoe Company Closes on Bass Deal
Brown Shoe Company, Inc. and Phillips-Van Heusen Corporation announced that they have closed the previously announced transaction for PVH to license to Brown Shoe the design, sourcing and marketing of footwear at wholesale under PVH's well-known Bass
LaCrosse Footwear Receives Settlement in Vendor Dispute
LaCrosse Footwear, Inc. has received a one-time, nonrecurring cash payment of $900,000 in settlement of a dispute with a former vendor. This will be reported as an expense reduction in the first quarter of 2004…
Everlast Inks Russian Licensing Deal
Everlast Worldwide Inc. has signed a new licensing agreement with Sparta Ltd., a sporting goods supplier based in St. Petersburg, Russia. Sparta will serve as the Everlast licensee of retail boxing equipment as well as products used for exercising, aerobi
Airwalk Taps Royer as New European Licensee
Collective Licensing International, LLC, owner of the Airwalk® brand, recently announced that the company has entered into a pan-european licensing agreement with France-based Royer SA to license the Airwalk® brand. Royer SA will distribute and market Air
PUMA Doubles 2003 Net Income on 40% Sales Increase
PUMA AG Rudolf Dassler Sport reported preliminary results for FY 2003 indicating that consolidated sales increased 40.0% to €1.27 bn ($1.44 bn) from €910 million ($861 mm), or up 48% in currency-neutral terms. Consolidated net
earnings rose from €85 milli
Gildan Calls for Independent Audit of Honduran Operation
Gildan Activewear Inc. has requested the Fair Labor Association, in which Gildan is a Participating Company, to conduct an independent audit at one of its Honduran sewing facilities. The audit is related to a complaint filed with the FLA, alleging that Gi
Delta Sees Fiscal Q2 Loss Despite 52% Increase in Sales
Delta Apparel, Inc. announced a 52.1% increase in sales to $45.6 million for the company's second fiscal quarter ended December 27, 2003. The $15.6 million sales increase over the prior year quarter was the result of the acquisition of M. J. Soffe C
Russell Athletic Renews BCS Agreement for Two More Years
Russell Athletic, a division of Russell Corporation, has reached an agreement in principal to renew its Bowl Championship Series sponsorship with ESPN and ABC Sports for the next two seasons, which goes through the championship game in January 2006. Fina
Rossignol Receives Doc DesRoches Award
Sports Industries America and the U.S. Ski Team recognized Rossignol as the recipient of the first annual Doc DesRoches Award at the annual meeting conducted during the 2004 SIA SnowSports Show. The new award will recognize an SIA member and U.S. Ski Team
Black Diamond Switches to Wind Power
Black Diamond Equipment Ltd. announced a new energy
initiative with Utah Clean Energy Alliance making Black Diamond one of the
first major manufacturers in Utah to be powered by wind…
SRAM Renews ‘Official Supplier’ Status at Whistler
Continuing its support of performance mountain biking SRAM Corporation has signed on to be the official drivetrain supplier to the world’s definitive mountain bike park – Whistler. The Park is located in the Coastal Mountain Range 1 1/2 hours North of Van