SGB Executive Outdoor
Slazenger Golf Appoints New President/CEO
Slazenger Golf Products Company has appointed golf industry veteran Chris Daltorio as the new President and CEO, setting forth a new platform that will allow golfers across the nation to have greater access to Slazenger apparel, gloves and balls. Daltori
NRF: Back-to-School Helps Fuel Retail Comeback
A strong back-to-school season and solid sales gains continue to fuel optimism in August as retailers begin looking ahead to the fourth quarter. According to the latest NRF-BTM Executive Opinion Survey, a monthly index by the National Retail Federation
VF Completes Nautica Deal; Forms Sportswear Coalition
VF Corporation has completed the previously announced merger between Nautica Enterprises, Inc. and a subsidiary of VF for a total consideration of approximately $600 million. The merger was approved by Nautica's stockholders on Wednesday. VFC announ
adidas Issues Bonds in Advance of Top-Flite Auction
A report early Wednesday has adidas-Salomon gearing up for the fight for the Top-Flite. Reuters is reporting that adidas-Salomon made its debut in the bond market on Wednesday, issuing 400 million euros ($434 million) worth of debt convertible to around
Rodale Releases H1 Profits
Rodale continues its strong performance trend for the first half of '03, it was announced today by Steve Murphy, President and CEO of Rodale Inc. The first half of '03 was up an additional 14 percent in terms of overall revenues compared to the
Hibbett Has License to Kill (the Competiton)…
Hibbett Sporting Goods bested analysts’ second quarter earnings estimates by a penny and then went on to tell the market that business is starting to get better.
HIBB said it expects third quarter earnings per share of about 24 cents to 26 cents, up 14.2
Dick’s Sees Share Increase Impact EPS…
The sharp increase of the share price of DKS has led to increased exercising of employee stock options that drove total shares outstanding to an estimated 25.5 million shares for Q3, up from 23.0 million shares earlier in the year. Total year shares outs
Genesco Sees Brighter Back-to-School…
Genesco is also seeing improved traffic and sales patterns at most of its retail units. The Journeys unit did see a 1.0% decline in comp store sales for Q2 while Underground Station posted a 9.0% jump in comps for the quarter on top of a 19% gain in the
As Foot Locker Sees Positive Back-to-School Signals…
While the good news here can’t be heralded as the “Miracle on 34th Street” just yet, Foot Locker is showing signs that it is reaping some benefits from the improving overall retail picture…
Stage Stores Q2 Net Income Dips 12.5% on 3.5% Comp Store Decline
Stage Stores Inc. announced that net income for the second quarter ended Aug. 2, 2003 was $9.1 million, or $0.45 per diluted share, compared to $10.4 million, or $0.47 per diluted share, for Q2 2002. Total sales for the 13-week period increased 0.1% to $2
Goody’s Q2 Earnings Jump 465%
Goody's Family Clothing, Inc. reported net earnings of $7.1 million, or $0.21 per diluted share, for the thirteen weeks ended August 2, 2003, compared with net earnings of $1.3 million, or $0.04 per diluted share, for the year-ago period. Sales for
The Wet Seal Shuffles Executives
The Wet Seal, Inc. has appointed Allan D. Haims as President of the Wet Seal division and fashion designer Victor Alfaro as Senior Vice President, Creative Director. Susan O'Toole, the current president of the division, will take on the new role as
GolfGear Narrows Q2 Loss on Stronger Margins
GolfGear International Inc. reported net sales of $643,257 for the second quarter of 2003, a 66.6% increase over the $386,066 recorded for the same quarter last year. Gross margin for the second quarter increased from 10% to 47.2%, yielding a net loss of
Wacoal Appoints New Western Sales Director
The Wacoal Sports Science Corp. has appointed Oleg Shikverg, 32, Western Sales Director. Shikverg will expand CW-X's distribution, consumer brand awareness, and overall business in the western part of the U.S…
Black Diamond Wins Moving Mountains Award
Black Diamond has been recognized as the 2003 Moving Mountain Industry Award Winner. Well-known within the outdoor not-for-profit community, Black Diamond received the award at the Outdoor Retailer Summer Market in Salt Lake City, Utah on Friday, August 1
