SGB Executive Outdoor
Ashworth Restructures Management and Staff
Ashworth, Inc. will undergo a series of personnel changes. Edward (“Eddie”) J. Fadel has returned to Ashworth as President, effective immediately. Gary I. (Sims) Schneiderman, President, has left the Company to pursue other interests. Peter E. Holmberg, E
SIMA Announces Award Winners
The Surf Industry Manufacturers Association (SIMA) announced the winners of the fifth annual SIMA Image Awards. Winners included Billabong, Volcom, Vans, Vestal Watch, L*Space and Future Systems.
Nordstom Ups Guidance on Strong First Quarter
Nordstrom, Inc. reported net earnings of $156.8 million, or 60 cents per diluted share, for the first fiscal quarter ended May 5, compared to $131.2 million, and 48 cents per diluted share, in the year-ago quarter. Total sales in the first quarter increa
JC Penney Exceeds Wall Street Expectations in First Quarter
J. C. Penney Company, Inc. reported total net sales increased 3.1% to $4.35 billion for the first fiscal quarter ended May 5, compared to $4.22 billion in the year-ago period. Operating income improved 60 basis points to 9.6% of sales, driven by improveme
Kohl’s Ups Annual Outlook on Strong Q1 Results
Kohl’s Corporation reported a 24.9% increase in net income for the fiscal first quarter ended May 5, 2007. Net income was $209.0 million, or 64 cents per diluted share, compared with $167.2 million or 48 cents per diluted share, in the year-ago period. Ne
Bag Boy Co. Names New Product Managers
The Bag Boy Company named Jennifer Allison as product manager for Bags/Travel Covers, and Mike Gann as product manager for the Cart Division…
Fila Taps Fendell for VP of Sales Role
Fila USA named athletic footwear and apparel industry veteran Bruce Fendell as its new VP of sales. Fendell, 51, joins Fila USA after spending the past four years as SVP sales for the On-Field division of Reebok International. Prior to his time at Reebok,
Collective Signs License for Airwalk Apparel
Collective International, LP has granted a license to New York-based Fashion Options for Airwalk branded apparel and accessories in the United States. The initial product offering will hit shelves as early as Fall 2007. To support the Airwalk apparel coll
SmartWool Advocacy Program to Donate Over $90,000
SmartWool Corporation's latest round of grant recipients from the SmartWool Advocacy Program includes the SmartWool Advocacy Fund and the SmartWool Breast Cancer Fund. This round of grants will see over $90,000 in financial and product support distr
Genesco to Shutter 57 Urban Doors; Lowers Q1 Guidance
Genesco Inc. plans to close or convert up to 57 underperforming stores, primarily in the Underground Station Group, but also including up to 8 urban stores in the Hat World Group. In addition, Genesco lowered its earnings outlook for the quarter to a rang
Pacific Cycle Should See Strong 2007
Dorel recently issued a statement regarding their upbeat outlook for the 2007 fiscal year. In the Recreational/Leisure division, after two years of limited growth at Pacific Cycle, 2007 is shaping up as a much better year, according to management…
Sugoi to Sponsor Five Marathons
Sugoi announced a three-year partnership with Elite Racing to be a corporate sponsor and the official technical apparel sponsor for five annual Elite national marathons and half-marathons. Beginning with the Country Music Marathon & ½ Marathon in April, 2
Steve Madden, Ltd. Acquires E-Commerce Provider; Names New President
Steven Madden, Ltd. has acquired Compo Enhancements, Steven Madden, Ltd.'s outsourced e-commerce solutions provider, and appointed its founder and CEO, Jeffrey Silverman as president of Steven Madden, Ltd. Mr. Silverman will report directly to Jamies
Execute Sports Narrows Q1 Net Loss on 7% Sales Decline
Execute Sports net sales for the first quarter ended March 31, 2007 and 2006 were $553,482 and $595,534, respectively, representing a $42,052, or 7% decrease. The three month year-over-year decrease is due to the disposition of the Academy and Eagle Rider
Kohl’s April Comps Fall 10.5%
Kohl's Corporation reported today that sales for the four-week period ended May 5, 2007 decreased 3.8% over the four-week period ended April 29, 2006. On a comparable store basis, sales decreased 10.5%…