Nautilus, Inc. mailed to following letter to its shareholders urging them to vote against a proposal made by Sherborne Investors LP and its affiliates, a group of NLS investors. The current Nautilus board stated that Sherborne is trying to take control of
Category: Outdoor
Fila Launches U.S. Marketing Push with Modeling Contest
Fila Inc. is launching an online modeling contest as part of a new branding campaign dubbed “How do you Fila?” Fila is planning on using the images of the winners and their personalized “How Do You Fila?” descriptors in its 2008 marketing creative, which
Aldila’s Q3 Revs Slide 19%
Aldila Inc. reported Q3 sales fell 19% to $13.2 million from $16.3 million. Net income fell 76% to $687,000, or 12 cents a share, from $2.9 million, or 51 cents, a year ago. Excluding a year-ago special credit, net income in the latest quarter was down 59
Jarden Announces Stock Buyback Plan
Jarden Corporation, parent company of K2 and Volkl skis, announced that its Board of Directors has authorized a new stock repurchase of up to $100 million of its common stock. As of October 29, the company had approximately 77.6 million shares of common s
adidas Sees Strong Q3 Bottom Line Growth on Flat Sales
adidas reports third quarter group revenues grew 3% on a currency-neutral basis driven by sales increases at both adidas and TaylorMade-adidas Golf. Reebok sales, however, declined. Group sales in euro terms declined 0.3% to € 2.94 billion ($4.04 bn) in t
Gottschalks Comps Drop 3%
Gottschalks Inc. announced that same store sales for the month of October 2007 decreased 3% from the prior year. Total sales for the month decreased 5.7% to $41.7 million from $44.2 million in October…
Head N.V. Sees Q3 Pressure From Winter Sports
Head third quarter net revenues were down 17.1% to €92.8 million ($127.5 mm) primarily due to a 30% decline in winter sports revenues. This decline was partially offset by stronger sales in both racquet sports and diving. Third quarter net profit was down
Nordstrom’s October Comps Slide 2.5%
Nordstrom, Inc. said same-store sales in October decreased 2.4%. Total sales reached $625.7 million for four weeks ended November 3, 2007, an increase of 0.5% compared to sales of $622.5 million a year ago…
Pacific Sunwear Sees October Comps Slip; Expects Q3 Net Loss
Pacific Sunwear of California, Inc. saw a 0.5% increase in fiscal October net sales to $85.3 million from $84.8 million for the same period last year. Total company same-store sales decreased 0.8% during the period with PacSun seeing a 2.3% increase and d
Bon-Ton’s Comps Decline 1.4%
The Bon-Ton Stores, Inc.'s total sales for the four weeks ended November 3, decreased 2% to $244.7 million from $249.7 million for the prior year period. Bon-Ton and Carson’s combined comparable store sales for the four weeks decreased 1.4%. Carson’
The Buckle October Comps Jump 14.9%
The Buckle, Inc. net sales for the 4-week fiscal month of October increased 20.3% to $50.0 million from net sales of $41.5 million for the prior year 4-week fiscal month ended October 28, 2006. Comparable store net sales increased 14.9%…
Costco Comps Increase 9% in October
Costco Wholesale Corporation net sales were $5.21 billion for the month of October, an increase of 13% from $4.63 billion in the same four-week period last year. Comps for the quarter increased 9% for the total company…
Hanesbrands Names President, CCO
Hanesbrands Inc. has appointed William J. Nictakis to the newly created position of president, chief commercial officer. Nictakis, 47, will lead Hanesbrands’ domestic and international commercial businesses and support functions to drive sales growth and
Target’s October Sales Increase 4.1%
Target Corp reported that retail sales for the four weeks ended November 3, increased 9.7% to $4,445 million from $4,054 million a year ago. Comparable-store sales increased 4.1 percent…
J.C. Penney Misses October Guidance with 1.8% Comps Decline
J. C. Penney Company, Inc. total department store sales increased 1.1% for the month of October, 2007, while comparable department store sales decreased 1.8% compared to an 8.1% comparable store sales increase in last year’s October period and guidance fo
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