Payless ShoeSource, Inc. posted a loss of $2.2 million, or $0.03 per diluted share, for the third quarter of fiscal 2003, compared to net earnings of $29.6 million, or diluted earnings per share of $0.43, during the third quarter of fiscal 2002. Company
Category: Outdoor
WaterMark Revamps Management Team
WaterMark announced that Andy Papademetriou has joined WaterMark's management team as vice president of product development. Joe Pulliam has been promoted to executive vice president of business development and will remain at the Easley, S.C. facilit
Solidarity Fund To Sell 2.5 Million Gildan Shares
Gildan Activewear confirmed that the Solidarity Fund QFL had informed the Company of its intention to sell, in an orderly manner, its entire equity position in Gildan, amounting to close to 2.5 million class A subordinate voting shares…
Schoeller Opens New Korean Office
Schoeller Switzerland is opening a new office in Korea at a ceremony on October 10 in the Grand Hyatt Hotel in Seoul. In an effort to increase the company’s support to the very important and fast growing Korean market, this new facility will serve as a ma
True Temper Ride Steel Shafts to 53% Q3 Profit Gain
True Temper Sports, Inc. announced net sales for the third quarter increased 12.1% to $24.7 million from $22.0 million during the third quarter of 2002. Net income for the quarter increased to $2.3 million from $1.5 million in the third quarter of 2002…
adidas Admits to U.S. Missteps, Looks to Future…
As is any twelve-step process to recovery, it’s important first to admit that you have a problem. adidas-Salomon management believes they know what they need to do to fix the weakened U.S. adidas brand business, including a major branding campaign and a
Airwalk on the Auction Block…
In documents obtained by Sports Executive Weekly last week, it was revealed that Airwalk International, LLC has seen its banker — and largest secured creditor — take foreclosure action against the company in an effort to recoup its losses…
Accell Group Predicts 25% EPS Growth
Accell Group N.V. sales of their new bicycle collections are going well and are generating positive results, partly due to the good weather. Earnings per share for the full year are therefore expected to increase by at least 25%, barring unforeseen circum
luluemon athletica to Open New Store
lululemon athletica, the yoga-inspired athletic apparel manufacturer, is pleased to announce the launch of its
Whistler store…
Petzl Hires Bard As Sport Div. Manager
Petzl appointed Dale Bard as Sport Division Manager. In his new position, Bard will be responsible for the overall sales direction of the Sport Division, and will work closely with Petzl's marketing department to reinforce Petzl's leadership pos
Backbone Media Adds More Vertibrae
Backbone Media announced a series of new hires to expand its services and to meet growing demand for PR in the outdoor, fitness and lifestyle markets. Julie Oldham, formerly the Associate Publisher at Climbing Magazine, has joined the team to lead the Med
Costco October Comps Soar 11%
Costco Wholesale Corporation net sales are $3.42 billion for the four weeks ended November 2, 2003, an increase of 14 percent from $3.01 billion in the same four-week period of the prior fiscal year…
October Comps Rise 3.5% At Nordstrom
Nordstrom preliminary sales are $454.4 million for the four-week period ending November 1, 2003, an increase of 6.7 % compared to sales of $425.8 million for the four-week period ending November 2, 2002. Same-store sales increased 3.5 %…
Dillard’s October Same-Store Sales Decline 5.0%
Dillard's, Inc. announced that sales for the four weeks ended November 1, 2003 were $481,328,000 compared to sales for the four weeks ended November 2, 2002 of $509,286,000.
Sales decreased 5% for the four-week period on both a total and comparable s
October Comps Down 5.8% at Gottschalks
Gottschalks announced that same store sales for the month of October 2003 decreased 5.8% from the prior year. Total sales for the month decreased 8.2% to $44.9 million from $48.9 million in October 2002…