SGB Executive Outdoor
Prince Sports Opens New RandD Facility
Prince Sports has has opened a state-of-the-art research and development facility in Trevignano, Italy. Created to form a centralized research and development hub, the new facility will serve as a fully integrated part of the business process and will foc
Sun Ice Withdraws Acquisition Plan
Sun Ice Limited and the company set up to take it private have jointly announced that the plan to execute the transaction has been withdrawn. The purchasing company was set up as a holding company wholly-owned by Sylvia Rempel, the President, CEO and Cha
TJX Q2 Net Income Off 4.9% on 2.0% Comp Store Gain
The TJX Companies, Inc. announced net sales for the fiscal second quarter were $3.0 billion, a 10% increase over last year, with consolidated comparable store sales increasing 2%. Net income was $123 million and diluted earnings per share were $.24, which
Sport Supply Group Q2 Earnings Fall as Sales Dip 3.0%
Sport Supply Group announced net income before cumulative effect of accounting change for the quarter ended June 2003 fell 45.2% to $115,000 compared to $210,000 for the quarter ended June 2002. Net sales for the quarter dipped 3.0% to $26.0 million. In
Pacific Sunwear Q2 Net Income Jumps 84%; Sales Up 23%
Pacific Sunwear saw net income for the second quarter of fiscal 2003 increase 84% to $13.4 million, or $.26 per share, basic and diluted, over net income of $7.3 million, or $.15 per share, basic and diluted, for the second quarter of fiscal 2002. Sales
Top-Flite Can Use Cash for Lawyers…
Top-Flite Golf Co. received bankruptcy court permission last week to use cash that is collateral for secured debt to fund its Chapter 11 restructuring. The company’s unsecured creditors has challenged the company’s move to use the collateral, contending
Gildan Builds More Share in Fiscal Q3…
Gildan Activewear reported net sales for its fiscal third quarter benefited from the inclusion of an extra week in the reporting period. Sales were up 4.2% to C$204.0 million ($142.1 million) compared to C$195.7 million ($125.1 million) in the year-ago q
Nike Opens Golf RandD Center; June Retail Sales Double
Nike Golf unveils its first full-service and dedicated research & design facility for the development of performance golf clubs and the testing of both golf clubs and golf balls in Fort Worth, Texas. The company alos revealedits latest retail golf sales
Prince Appoints New CFO
Prince Sports, Inc. announced the appointment of Dave Evins as Executive Vice President and Chief Financial Officer, reporting directly to George Napier, CEO. In addition to being a key part of the senior management team, Evins' scope of responsibili
Columbia’s Footwear D.C. to Land in Kentucky
Columbia Sportswear Company announced its intention to construct a new footwear distribution center in Henderson County, Kentucky. This will be Columbia's second U.S.-based distribution center. The Company expects the construction of the distribution
Nordstrom July Comps Increase 6.1%
Nordstrom, Inc. reported preliminary sales of $690.2 million for the four-week period ending August 2, 2003, an increase of 9.0% compared to sales of $633.4 million for the four-week period ending August 3, 2002. Same-store sales increased 6.1%…
TJX July Same-Store Sales Up 3.0%
The TJX Companies, Inc. reported July 2003 sales were $899 million, up 11% over $810 million achieved during the four-week period ended August 3, 2002. Consolidated comparable store sales for the four-week period increased 3% from last year…
JC Penney Reports Rising July Comps
J. C. Penney Company reported that comparable department store sales increased 3.7 % for the four weeks ended July 26, 2003. Total Sales for the month were $2.2 billion. Total drugstore sales increased 3.4 %. Comparable drugstore sales increased 0.1 % wit
Stein Mart July Comps Down 6.2%
Stein Mart announced net sales and comparable store sales.Total sales for the four-week July period were $80.5 million, a 2.2 % decrease from the $82.3 million in sales for the same period in 2002. Comparable store sales for July decreased 6.2 % from 2002
U.S. Ski Areas Break Visits Record in Latest Season
According to the recently-released final 2002/03 Kottke End-of-Season Survey, U.S. ski areas tallied a record 57.6 million skier/snowboarder visits last season. The results post a 0.45% increase over the previous 57.3 million-visit record set in the 2000
