SGB Executive Outdoor
Krueger to Run CAT Footwear Business for Wolverine
Wolverine World Wide announced that Blake W. Krueger, the Company's Executive Vice President and General Counsel, will assume responsibility for the global CAT Footwear business. In this new capacity, Krueger will continue to report directly to Timo
Gildan Moves into Georgia; Major Investor Divests Over Labor Issues…
In its ongoing battle with Russell Corporation in the Artwear/Careerwear category, Gildan Activewear Inc. has formed a 50-50 joint venture with Frontier Spinning Mills Inc. to acquire the assets of a yarn-spinning facility in Cedartown, GA for $12.5 milli
New Balance Talks on China Strategy…
In an exclusive interview with Sports Executive Weekly, New Balance Athletic Shoe president Jim Tompkins threw water on a Chinese newspaper report that suggested that New Balance would open 70 stores in China by the end of next year.
Can Everlast Expect to Ride Bling Bling to Better Results?
Everlast Worldwide is putting its name on everything these days — with a new jewelry line and a new fragrance the latest additions — in an attempt to bolster licensing revenues even as product sales continue to fall. Third quarter net sales for the com
Warnaco Looks for More from Speedo…
Speedo parent Warnaco said that the company’s swimwear group always runs losses in the third quarter since the company sees just 10% of its total year revenues for the division in Q3. But the operating loss widened for the period to $8.6 million from $3.
Lower GM Hurts Golfsmith Q3 Profits…
Golfsmith International saw net income for the third quarter fall 70.6% to $1.1 million from $3.4 million in the year-ago period. Net income from U.S. operations contributed 85.3% of total earnings, while Canada operations contributed 10.4% and Europe pro
Margins Help Adams Golf Pare Q3 Loss…
The combination of rising sales and improved efficiencies had an obvious impact on the bottom line at Adams Golf, with the company posting a narrowing its Q3 loss to $343,000 from a loss of $4.3 million in the year-ago period. Total net sales increased 3
Vail Gets Heavenly Relief in Fiscal 2003
Vail Resorts, Inc. reported that the net loss for the fiscal year ended July 31, 2003 was $8.5 million, or a loss of 24 cents per diluted share, compared to net income of $7.1 million, or income of 20 cents per diluted share, for the same period last year
SIA Booth Space Officially Sold Out
SnowSports Industries America (SIA)
reports today that the SIA. 4 SnowSports Show is officially sold out. The SIA.04 SnowSports Show will be held at the Mandalay Bay Convention Center in Las Vegas, Nevada, January 26-29, 2004…
Retailers and Vendors Announce Container Environmental Survey
More than a dozen manufacturers, retailers and shipping companies, including LL Bean and Nike, Inc., have announced the Clean Cargo Environmental Performance Survey for shippers to gauge their carriers' environmental
management performance and addres
Urban Outfitters Q3 Net Income Jumps 76%
Urban Outfitters, Inc. announced earnings of $14.1 million
for the third quarter ended October 31, 2003, a 76% increase over the comparable quarter last year. Third quarter earnings per diluted share rose to $0.35 this year versus $0.20 in the prior year.
Modell’s Moves Into Connecticut
Modell's Sporting Goods has chosen Bridgeport for its first Connecticut store and will open the new outlet next week. The 19,000-square-foot space in Shoppers World will open November 21st. The store will hold a grand opening on November 28th. The
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
Payless Swings to Q3 Loss on 1.4% Comp Sales Decline
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
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…