SGB Executive Outdoor
Woolrich Taps Rinder for VP Sales Slot
Roswell Brayton, President and CEO of Woolrich, Inc., announced the appointment of Jerry Rinder as vice president sales and domestic licensing. He will report directly to Brayton. Rinder comes to Woolrich after serving as vice president and general mana
Nike Moves Caramelo Anthony to Jordan Brand
Jordan, a division of Nike, Inc., announced the addition of Carmelo Anthony to Team Jordan. The newly minted Nugget signed with Nike in June 2003 and will now be a part of the Jordan family, donning the Jumpman logo and joining other elite professional a
Famous Footwear Q2 Operating Earnings Almost Double; Brown Earnings Up 61%
Brown Shoe Company, Inc. reported net earnings increased 61.2% to $11.6 million for the second fiscal quarter, compared to year-ago earnings of $7.2 million. Diluted EPS were up 55.0% to $0.62. Consolidated net sales for Q2 inched up 0.5% to $458.4 mill
Hibbett Q2 Earnings Jump 22% on Comp Store Uptick
Hibbett Sporting Goods, Inc. reported that net sales for its fuscal second quarter increased 8.8% to $71.7 million compared with $65.9 million for the year-ago period. Comparable store sales increased 1.1%. Net income for the second fiscal quarter increa
Johnston Joins Canari Cyclewear
Canari Cycle Wear announced the appointment of James S. Johnston as General Manager of Canari. Johnston, a 28-year veteran of the performance sports apparel industry, will take up this newly created position at Canari's headquarters in Vista, CA…
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and the company set up to take it private have jointly announced that the plan to execute the transaction has been withdrawn.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